Dyestuff Market

Dyestuff Market Share, Size, Global Research Report Till
2027
Dyestuff is a colored substance, which has affinity towards the substrate it is
applied to in an aqueous solution. There are two types of dyes, namely natural
and synthetic. Although natural dyestuff was largely used earlier, currently,
synthetic dyestuff accounts for larger share in the dyestuff market. Various
types of synthetic dyestuff include azo dyes, cyanine dyes, nitroso dyes,
anthraquinone dyes, and others. Dyestuff is insoluble in nature and find
applications in textiles, paints and coatings, food, leather, metals, and paper.
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Market Outlook
The global dyestuff market is expected to be valued at US$ 260 million by
2027, exhibiting a CAGR of 8.0 % between 2019 and 2027.
On the basis of region, the global dyestuff market is segmented into North
America, Asia Pacific, Europe, Latin America, Middles East, and Africa. Asia
Pacific holds dominant position in the global dyestuff market, owing to
increasing demand for dyestuff from industries such as textile, leather, and
paper in China, followed by India. Asia Pacific region is a major consumer of
dyestuff due to growing textile industry in China, India, Taiwan, and South
Korea. Europe is the second major consumer of dyestuff, owing to growth of
textile industry in the region.
North America is the third largest market of dyestuff, owing to large
consumption of dyestuff in textile, paper, and leather industry in the region.
Latin America and Middle East also witnessed growth in global dyestuff
market, as these regions have various applications such as textile dye, leather
dye, paper dye, wood dye, and others.
Key Players
Some of the major players operating in the global dyestuff market include
Clariant International Ltd., Lanxess AG, Orion Colorchem Industries, Seta?
Color Center, Synthesia, a.s, Synthetic Corporation, Avocet Dye & Chemical
Co. Ltd, Arkema SA, Huntsman Corporation, BASF SE, KRONOS Worldwide
Inc, Haining Tongyuan Chemical factory, Rockwood Holdings Inc., and Tokai
Carbon Co. Ltd.
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The global dyestuff market is expected to be valued at US$ 260 million by 2027, exhibiting a CAGR of 8.0 % between 2019 and 2027.