Indigo Dyes Market to be Dominated by Direct Sales Channel Segment Through 2028
Rising demand
from end user industries like construction, medical, textile, and other
industries are driving the demand for the global indigo dyes market in the
forecast period 2024-2028.
According to TechSci
Research report, “Global Indigo Dyes market- By Region, Competition,
Forecast and Opportunities, 2018-2028”, The global Indigo Dyes market is projected
to grow at a significant rate in the forecast period 2024-2028. Increasing
demand from different end-user industries such as textile, paper & pulp,
leather, and others is the primary factor responsible for the growth of indigo
dye. Also, the rising advanced applications in the medical and energy sector
are expected to create a lucrative market. With changes in lifestyle and dress
preference, the popularity of denim jeans is soaring and influencing the market
growth.
Availability of substitute
products and toxicity are the key restraining factors for market growth. The
processes used to dye textiles need abundant water and dangerous chemicals. By
releasing untreated dye effluents as sludge into nearby aquatic habitats, they
contribute to environmental disasters. Hence, the government is imposing strict
rules and regulations regarding indigo dyes used in various industries and
hindering the market growth. Therefore, the factor mentioned above is expected
to obstruct the indigo dye market share in the forecasted period.
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on "Indigo Dyes Market"
Global Indigo Dyes Market is segmented based on product type, sales channel,
and application.
Based on sales channels, the
market is divided into direct and indirect. As per estimates, the direct sales
channel segment will experience the highest market share during the forecast
period. Indigo dye is a type of raw material that needs processing in industries
to make usable raw material. Major indigo dyes are produced and used by firms,
and the direct sales channel is the most prominent and dominating mode of sale.
Based on application, the
market is divided into textile and non-textile. The textile segment is expected
to hold the largest market share and maintain its dominance in the projected
period. Due to its lightfastness property, it is used in producing dye and
provides attractive texture on denim in textile industries. Thus, it is
expected that the textile industry will dominate the segment.
Major companies operating
in global indigo dyes market are:
- DyStar L.P.
- Sam
Vegetable Colours Pvt. Ltd.
- Hebei
Hua-Chem Dye Chemical Co. Ltd
- Zhejiang
Runtu Co., Ltd.
- Liyang
Skyblue Chemical Co. Ltd
- Jiangsu
Taifeng Chemical Co. Ltd.
- Kirpal
Export Overseas
- Jacquard Fabrics,
Inc.
- Jihua Group
- Guangzhou
Diyi Dyeing Factory Co Ltd
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“Growing people’s awareness towards environment
and animal issues, people are accepting natural indigo dyes as an eco-friendly
alternative. Besides, growing demand from various end user industries for
indigo dyes is further expected to support the growth of Global Indigo Dyes
Market. Increasing dyeing facilities in emerging economies to cater the growing
requirement for indigo dyes in local textile industries are propelling market
growth and creating favorable conditions for Global Indigo Dyes Market growth
till 2028.” said Mr. Karan Chechi, Research Director with TechSci Research, a
research-based global management consulting firm.
“Indigo Dyes Market -
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented
By Product Type (Synthetic Indigo Dye and Nature Indigo Dye), By Sales Channel
(Direct and Indirect), By Application (Textiles and Non-Textile), By Textile
(Printing and Dyeing), By Non-Textile (Printing Inks, Paper, Painting &
Coating, and Others), By Region, and Competition has evaluated the future
growth potential of global indigo 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 indigo dyes market.”
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