Organic Dyes Market to be Dominated by Plant Based-Organic Dyes Segment Through 2028
Growing
awareness & concern about the adverse effect of synthetic dyes and
favorable government policies are factors to drive the demand for the Global
Organic Dyes Market in the forecast period, 2024-2028.
According to TechSci
Research report, “Organic Dyes Market- By Region, Competition, Forecast and
Opportunities, 2018-2028”, Global Organic Dyes Market is projected to grow
at a significant rate in the forecast period 2024-2028. Consumer preferences
and governmental requirements of sustainable manufacturing techniques, ethical
disposal procedures, and reduction in the volatile organic chemicals already
present in dyes and adhesive ingredients are driving the demand for organic
dyes in the market drive the growth of the market. The organic pigments are
extracted from the plant, and minerals like eucalyptus camaldulensis,
Delphinium Zalil flower, Junipers Leaves, etc. to provide high resistance to
bacteria and have natural appearances which make it more demanding in different
sectors.
Limited availability in
comparison of the demand and more expensive price than synthetic dyes are the
primary factors that obstructs the growth of the organic dyes market. The price
of synthetic dyes is lower as they are abundantly available as obtained from
the man-made source. Apart from these, the performance of the product is lower
than the synthetic substitute product. Thus, these limitations in terms of
performance of different end-user applications create market growth hurdles.
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Global Organic Dyes Market is segmented based on product, source, and
application.
Based on application, the
market is divided into paints and coatings, textiles, plastics, printing inks,
and others. As per estimates, the textiles segment will experience the highest
market share during the forecast period. Due to their antibacterial and vibrant
appearance, organic dyes are widely used for producing effective printing inks
and are used in textile industries, propelling the demand for organic dyes from
textile industries.
Based on region, the market
is divided into North America, Europe, Asia Pacific, South America, Middle East
& Africa. Asia Pacific region is expected to hold the largest market share
and maintain its dominance during the forecast period. This can be ascribed to
the flourishing textile industry in countries of Asia Pacific such as China,
India, Bangladesh, and other nations in
the region.
Major companies operating
in global organic dyes market are:
- Albemarle
Corporation
- Altana AG
- BASF SE
- Cabot
Corporation
- DIC
Corporation
- DuPont de
Nemours Inc.
- Ferro
Corporation
- Huntsman
Corporation
- Kemira Oyj
- Lanxess AG
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Globally, increasing demand for organic
dyes from end-user industries such as cosmetics, paper industry, printing,
construction, and textile printing is expected to propel the demand for organic
dyes Market. Moreover, Government initiatives and policies like Thai Industrial
Standards (TIS), etc. free trade agreements, and investment in R&D are
propelling organic dye demand. Likewise, the rising application of organic
dyes, product enhancements, and marketers’ efforts are propelling the global
market demand and creating favorable conditions to drive the global organic
dyes market growth till 2028.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
“Organic Dyes Market-
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented
By Product (Acid, Basic, Reactive, Direct, Disperse, Sulphur, Others), By
Source (Animal, Plant, Minerals), By Application (Paints and Coatings,
Textiles, Plastics, Printing Inks, and Others), By Region and Competition, has evaluated the future
growth potential of global organic dyes market and provides statistics &
information on market size, structure, and future market growth. the report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global organic dyes market.
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