Dyes Market - Global Industry Analysis, Growth, Trends, and Forecast 2016 - 2024

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Dyes Market - Global Industry Analysis,
Size, Share, Growth, Trends, and
Forecast 2016 - 2024
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on “Dyes Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024” This report likewise incorporates
more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector
industry structure.
Dyes are colored substances applied in the form of an aqueous solution on various substrates. These are used as colorants in
different industrial applications such as food processing, printing inks, wood stain, textile processing, and others. Dyes have high
selective absorptivity for liquids as well as substrates as compared to other color-imparting materials such as pigments.
Excellent absorption characteristics of dyes enable them to lose their physical and structural properties during their application
on substrates. Low resistance to light and reduced shelf life are some of the other distinct features of dyes. Thus, they are
generally used in surface coating, food, and printing applications that require high transparency levels for manufacturing
finished products. Dyes can be classified on the basis of their solubility in a particular medium or substrate as basic dyes, fatsoluble dyes, and metal complex dyes.
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The global market for dyes has been witnessing significant growth due to rising demand from end-user industries such as food,
textile, printing inks, and paints & coatings. Developing economies such as China, India, Brazil, and Indonesia are likely to play a
substantial role in boosting consumption of dyes in the next few years. India and Indonesia are gradually taking the lead in
manufacturing dyes due to availability of raw materials as well as various organic intermediate chemicals. Countries in ASEAN
such as Indonesia, Vietnam, and Singapore are expected to be emerging markets owing to development of key end-users such
as paints & coatings and food processing. Furthermore, growth in these countries is expected to be boosted by shift in
production of dyes from developed regions such as Europe and North America. Trends have changed during the past 10 years
due to several factors such as lower cost of production in Asia Pacific as well as rising prominence of the region, which acts as
the hub for end-user industries such as textile, food, and paints & coatings. This shift in production trends from the West to East
has caused the global market for dyes to become concentrated, particularly in Asia Pacific. This, in turn, has resulted in intense
competition in the market.
However, concerns have been raised over excess cost of interest. This has lowered investment in research and development
activities, which serve as the key source of service and product innovations. In addition, high energy costs have negatively
impacted production units.
Asia Pacific accounted for the largest share of the dyes market, followed by developed regions such as Europe and North
America in 2014. Increasing demand from various end-user industries coupled with growing population and governmental
support is expected to boost demand for dyes in the next few years. In addition, growing preference of end-users for ecofriendly products is anticipated to drive growth of the dyes market during the forecast period. However, rising health concerns
regarding hazardous usage of dyes is likely to decelerate growth of the market in Europe and North America. This has forced
manufacturers toward producing environmentally-friendly dye products. Rising demand for innovative products such as highperformance dyes is projected to provide new opportunities for growth of the market in the near future. Furthermore, ease of
transportation modes and support from the government and regulatory bodies to improve clearance tax re estimated to propel
trade. This, in turn, is expected to boost consumption of dyes in the global market.
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BASF SE, KRONOS Worldwide Inc., Haining Tongyuan Chemical Factory, Lanxess, Rockwood Holdings, Inc., and Tokai Carbon Co.,
Ltd. are key players present in the global dyes
The report offers a comprehensive evaluation of the market. It does so via in-depth insights, understanding market evolution by
tracking historical developments, and analyzing the present scenario and future projections based on optimistic and likely
scenarios. Each research report serves as a repository of analysis and information for every facet of the market, including but
not limited to: Regional markets, technology developments, types, applications, and the competitive landscape.
The study is a source of reliable data on:
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Key market segments and sub-segments
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Evolving market trends and dynamics
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Changing supply and demand scenarios
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Quantifying market opportunities through market sizing and market forecasting
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Tracking current trends/opportunities/challenges
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Competitive insights
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Opportunity mapping in terms of technological breakthroughs
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Dyes are colored substances applied in the form of an aqueous solution on various substrates. These are used as colorants in different industrial applications such as food processing, printing inks, wood stain, textile processing, and others. Dyes have high selective absorptivity for liquids as well as substrates as compared to other color-imparting materials such as pigments. Excellent absorption characteristics of dyes enable them to lose their physical and structural properties during their application on substrates. Low resistance to light and reduced shelf life are some of the other distinct features of dyes. Thus, they are generally used in surface coating, food, and printing applications that require high transparency levels for manufacturing finished products. Dyes can be classified on the basis of their solubility in a particular medium or substrate as basic dyes, fat-soluble dyes, and metal complex dyes.