Textile Colorant Market Trends

Skyquest Technology's expert advisors have carried out comprehensive research on the textile colorant market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.

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.

REQUEST FOR SAMPLE

Want to customize this report? REQUEST FREE CUSTOMIZATION

FAQs

Textile Colorant Market size was valued at USD 6850 Million in 2023 and is poised to grow from USD 7219.9 Million in 2024 to USD 11590.35 Million by 2032, growing at a CAGR of 5.4% during the forecast period (2025-2032).

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. 'Archroma (Switzerland) ', 'Huntsman Corporation (USA) ', 'BASF SE (Germany) ', 'LANXESS AG (Germany) ', 'Kiri Industries Ltd. (India) ', 'Sumitomo Chemical Co., Ltd. (Japan) ', 'DyStar Group (Singapore) ', 'DuPont de Nemours, Inc. (USA) ', 'Allied Industrial Corp., Ltd. (Taiwan) ', 'Colorant Limited (India) ', 'Jay Chemical Industries Limited (India) ', 'Zhejiang Longsheng Group Co., Ltd. (China) ', 'Jiangsu Yabang Dyestuff Co., Ltd. (China) ', 'Vipul Organics Ltd. (India) ', 'Akik Dye Chem (India) ', 'Blendwell SA (South Africa) ', 'DEV COLOURS (India) ', 'KeyColour (USA) ', 'Mahickra Chemicals Limited (India) ', 'Organic Dyes and Pigments (USA) '

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.

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.

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.

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Textile Colorant Market
Textile Colorant Market

Report ID: SQMIG15E2444

[email protected]
USA +1 351-333-4748

BUY NOW GET FREE SAMPLE