USD 6499.05 million
Global Textile Colorant Market Size, Share, Growth Analysis, By Source(Natural, Synthetic), By Type(Zoic Dyes, Direct Dyes), By Application(Clothing, Technical Textiles) - Industry Forecast 2024-2031
Report ID:
SQMIG15E2444 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
95 |
Figures:
76
Global Textile Colorant Market Insights
Textile Colorant Market size was valued at USD 6499.05 million in 2019 and is poised to grow from USD 6850 million in 2023 to USD 10996.54 million by 2031, growing at a CAGR of 5.4% in the forecast period (2024-2031).
With the expansion of the worldwide textile manufacturing industry in recent years, the need for textile dyes and pigments has risen as well. During the projection period, market growth will be supported by research & development on dyes that might provide textiles and oleo-phobic and hydrophobic character. A new range of long-lasting hydrophobic textile chemicals based on silicone chemistry, such as Dow's Dowsil IE-8749 emulsion, was announced by Dow in February 2021. In comparison to traditional silicone finishes, the Dowsil IE-8749 Emulsion treatment exhibits better fabric retention, according to the company's studies on a range of substrates, providing long-lasting water repellency even after several piles of washing.
The implementation of many environmental and health regulations surrounding the use of textile colorants further restricts industry growth. Due to the massive volumes of water utilized as a solvent in textile dyeing processes, water waste also happens as a result, adding to the limits brought on by a lack of water. According to projections, developing novel techniques to cut down on water waste would offer a significant opportunity for market growth. Additionally, improvements in organic dyes that are non-toxic to the environment offer a lucrative opportunity for textile colorants.
US Textile Colorant Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Azoic Dyes
Fastest Growth
Reactive Dyes
Growth Rate
5.4% CAGR
Global Textile Colorant Market, 2022-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
Global Textile Colorant Market Size By Type , 2022-2028 ($ Bn)
Global Textile Colorant Market Size By Type, 2022-2028 (%)
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Global Textile Colorant Market Segmental Analysis
Global textile colorant market is segmented based on Source, Type, Application, and Region. Based on the Source, the global market is segmented as Natural and Synthetic. Based on the Type, the Textile Colorant Market is segmented as Azoic Dyes, Direct Dyes, Basic Dyes, Disperse Dyes, Reactive Dyes, Sulfur Dyes, Vat Dyes, and Others. Based on the Application, the Textile Colorant Market is segmented as Clothing, Technical Textiles, Home Textiles & Carpets, and Automotive Textiles. Based on Region,the Textile Colorant Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Textile Colorant Market Analysis by Type
These varieties are divided into groups based on the manufacturing chemistry and the coloring technique used. Of them, reactive dyes have the best fastness because they create an ionic connection with the fibers of the cloth. This explains why the category is anticipated to grow at the quickest rate.
Contrarily, the azo dyes sector has the largest market share, mostly as a result of its reduced manufacturing costs and simplicity. Regulating organizations have, however, been more concerned about the damage that these colorants are doing to the environment. Leading fashion firms have thus started looking for substitute dyes, drastically slowing the segment's development.
Global Textile Colorant Market By Type, 2021 (%), 2023 (%)
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Global Textile Colorant Market Regional Insights
In 2020, the Asia Pacific textile colorant market was valued at US$ 4.24 billion. Throughout the projected period, the region is anticipated to have the greatest market share. China is the leading producer of dyes due to the availability of manpower and inexpensive raw materials. In addition, South Asia has a disproportionate share of the global textile production market. According to the National Development and Reform Commission, China's domestic sales of clothing and knitwear for the first 11 months of 2019 were around US$ 172.4 billion, a rise of 3% over the same period last year. Additionally, China's textile and apparel exports reached US$ 291.21 billion in 2020, growing at a pace of 9.5% annually, which increased the need for textile dye in the nation.
The market in North America, on the other hand, is fueled by the presence of top apparel manufacturing companies like GAP, Nike, Calvin Klein, Adidas, Hanes, and Reebok in the country. Additionally, the region's growing interest in sports is driving up demand for technical fabrics. Over the previous few years, the region's obesity rates have been the highest. In order to assist their body motions during training sessions, more customers are turning to sportswear and activewear.
Global Textile Colorant Market By Geography, 2022-2028, 2024-2031
- Largest
- Fastest
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Global Textile Colorant Market Dynamics
Textile Colorant Market Driver
Increasing Demand for Colorants in Home Textiles
- The need for living space has grown as a result of the expanding global population. Many governments have offered housing subsidies for their residents in order to meet this need. Additionally, the lower house loan interest rates have encouraged plenty of individuals to buy and furnish their homes. To decorate and give their homes a distinctive personality, the majority of them hire architects and interior designers.
Textile Colorant Market Restraint
Stringent Environmental Regulations on Dye Manufacturing
- The low sustainability of these goods is a significant problem that limits the expansion of the market for textile colorants. About 4,400 liters of water are needed to produce 1 kilogram of dye. Additionally, the dyeing process uses a lot of water, which makes the sector particularly ecologically harmful. Additionally, a significant amount of dye is released into the waste stream during the dyeing process, which colors natural water sources. Due to these reasons, governments and environmental organizations have imposed strict rules on the production of dyes and the entire textile dying process.
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Global Textile Colorant Market Competitive Landscape
The Global Textile Colorant market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses in order to increase market share and profitability.
Textile Colorant Market Top Player's Company Profiles
- Huntsman Corporation
- Archroma Management LLC
- Kiri Industries Limited
- DyStar Singapore Pte Ltd.
- BASF SE
- Clariant International Ltd.
- DIC Corporation
- Yorkshire Group plc
- Standard Colors Inc.
- Colourtex Industries Private Limited
- Synthesia a.s.
- Zhejiang Longsheng Group Co. Ltd.
- Runtu Co. Ltd.
- Bezema AG
- Sumitomo Chemical Co. Ltd.
- Jihua Group Corporation Limited
- Hangzhou Jihua Group Company Limited
- Colorant Limited
- Atul Ltd.
- Colourtex GmbH
Textile Colorant Market Recent Developments
- In January 2022, for institutional clothing, leisure wear, and furniture, Atul Ltd. introduced NOVATIC Classic Dark Green Pdr VAT dyes and NOVATIC Classic Dark Navy Pdr VAT dyes.
- In March 2021, Ralph Lauren unveiled Color-On-Demand, a cutting-edge platform for cotton dyeing that will transform the textile business. The new system is made up of a number of methods that make it possible to reuse and recycle dying process water, making it the first scalable zero wastewater cotton dyeing system.
Global Textile Colorant Key Market Trends
- Natural dyes have traditionally been used to color fabrics. However, when consumer textile manufacturing increased as a result of the industrial revolution, there was an increase in the need for synthetic colorants to dye the vast majority of produced materials. However, there are a number of drawbacks to synthetic colorants, including itchiness, color fading, and a high water requirement for dye production and application.
- Natural dyes provide unique benefits, such as being renewable, itch-resistant, devoid of hazardous and cancer-causing chemicals, and capable of absorbing a lot of UV light. Due to these reasons, several fashion businesses and shops have reaffirmed their commitment to using natural colors in their goods. The textile colorant business is predicted to grow even more as a result.
Global Textile Colorant Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Textile Colorant Market Analysis, the projected value of unsold clothing in stores and warehouses is between US$ 160 and 190 billion, which is twice what it was before COVID. The textile exports of Asian nations also fell by roughly 17%. Garment exports were $3.24 billion in July, down 2% from the previous year, according to BGMEA. It further mentioned that orders totaling US$ 1.5 billion had been canceled and US$ 2 billion had been placed on hold. It was therefore clear that COVID had a significant impact on the textile industries, especially the verticals for dyes and pigments.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 6499.05 million |
| Market size value in 2031 | USD 10996.54 million |
| Growth Rate | 5.4% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Textile Colorant Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Textile Colorant Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Textile Colorant Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Textile Colorant Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Textile Colorant Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Textile Colorant Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Textile Colorant Market Report Snapshots
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