Disperse Dyes Market to be Dominated by Textile Segment Through 2028
Rising demand of dyes for
economical synthetic fiber and growing demand from automotive industries are
factors to drive the demand for the global Disperse Dyes market in the forecast
period, 2024-2028.
According to
TechSci Research report, “Disperse Dyes Market- By Region, Competition,
Forecast and Opportunities, 2018-2028F”, global Disperse Dyes market is
projected to grow at a significant rate in the forecast period 2024-2028. The
primary characteristics of disperse dyes are low solubility in liquid,
colloidal dispersion properties, and non-ionic characteristics that make them
suitable for dyes surface or fibers that don't absorb water. Increasing demand
for leather-based products such as jackets, pants, belts, and boots wherein
dispersed dyes are used to provide the desired color on products, is further
expected to drive the growth of global disperse dyes market.
Adverse effect on
human health and unfavorable product performance in harsh conditions of heat,
pressure and other environmental factors is the primary factor that obstructs
the growth of the dispersed dyes market. Disperse dyes negatively affect human
health, and can causes effects from itching to cancer, thereby hampering the
growth of global disperse dyes market. However, in recent studies and research,
scientists are trying to lower the factor responsible for health issues. Apart
from these, the accumulation of dyes creates color stains on the fabric,
reduces the dye uptake rate, and makes the rubbing fastness, poorer. All these
factors are expected to obstruct the demand for the disperse dyes in the
forecasted period.
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Global Disperse
Dyes market is segmented based on type, chemical structure, and application.
Based on type,
the market is divided into low-energy dyes, medium-energy dyes, and high-energy
dyes. As per estimates, the high-energy dyes segment will experience the
highest market share during the forecast period. Due to excellent durability
and superior resilience to withering, high-energy dyes are better than other
alternatives, hence dominating the segment.
Based on
application, the market is divided into textile, leather, paint & coatings,
plastic, and others. As per estimates, the textiles segment will experience the
highest market share during the forecast period. The growing demand for
synthetic fibers like nylon, rayon, and polyester in apparel applications is
rising due to their durability and wrinkle resistance, compared to conventional
fibers. Apart from these, synthetic fibers are broadly used to produce cloths,
rugs, cushions, and mattresses. Hence, these factors drive market growth and
make textile applications dominate the segment.
Major
companies operating in global disperse Dyes market are:
- Clariant International Ltd
- Archroma U.S., Inc.
- Heubach GmbH
- BASF SE
- Zhejiang Lonsen Holding Co., Ltd.
- DIC Corporation
- Mitsui Chemicals, Inc.
- Chevron Corporation
- Huntsman Corporation
- LANXESS AG
Various companies
operating in the market are following strategies such as product launches,,
mergers & acquisitions, new capacity launches, expansions &
collaborations, among others in order to stay competitive and have an edge over
other players operating in the market. For instance, in October 2022, Clariant
International Ltd acquired BASF's U.S. Attapulgite business in USD 60 million.
The acquisition helps Clariant International Ltd strengthen their technology in
the growing markets for the refinement of edible oils and renewable fuels.
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“Increasing demand for
disperse dyes from various end-user industries such as paints and coatings,
textiles, plastics, printing inks, and others is expected to support the growth
of global disperse dyes market in the coming years. Moreover, government
initiatives and policies to subsidize the related industries, trade agreements,
and investment in R&D are propelling the organic dye demand. The rising application
of disperse dyes in new application areas such as medical sector which are
being developed through research and development are pushing the product demand
and creating favorable conditions to drive the global disperse Dyes market
growth till 2028.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Disperse Dyes Market-
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented
By Type (Low Energy Dyes, Medium Energy Dyes, and High Energy Dyes), By
Chemical Structure (Nitro Dyes, Amino Ketone Dyes, Anthraquinonoid Dyes, Mono
Azo Dyes, Di- Azo Dyes), By Application (Textile, Leather, Paint and Coatings,
Plastic, and Others), By Region and Competition has evaluated the future
growth potential of global Disperse 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 Disperse Dyes market.”
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