Latest industry survey by Fact MR, predicts Textile Dyes sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The market intelligence study therefore includes demographics analysis so market players can plan their product and marketing strategy. It offers sales outlook in 20+ countries. It identifies the most lucrative segments to assist companies in creating winning strategies for future.
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Key Market Segments Covered
- Dye Type
- Disperse Textile Dyes
- Reactive Textile Dyes
- Direct Textile Dyes
- Acid Textile Dyes
- Vat Textile Dyes
- Basic Textile Dyes
- Other Textile Dyes
- Cotton Textile Dyes
- Viscose Textile Dyes
- Wool Textile Dyes
- Nylon Textile Dyes
- Polyester Textile Dyes
- Acrylic Textile Dyes
- Other Fiber Textile Dyes
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As per a latest study by Fact.MR, revenue of the textile dyes market totaled US$ 6 Bn in 2020. The market enjoyed year-on-year (YoY) growth of 5% in 2021. Future projections indicate that sales of textile dyes are expected to top US$ 8 Bn by 2031-end, increasing at a CAGR of over 6%.
Sales of direct textile dyes are expected to incline at the fastest rate amongst all, with their valuation anticipated to surpass US$ 2 Bn by the end of 2031.
Key Takeaways from Market Study
- Demand for direct textile dyes to remain high, reaching over US$ 2 billion by 2031
- Reactive textile dyes to experience fastest growth at approximately 7% CAGR until 2031
- Dyes for viscose fibers are expected to incline at a CAGR of around 6%
- Polyester textile dyes to expand impressively, registering a CAGR of around 7%
- The U.S. likely to register heightened textile dye sales, reaching almost US$ 700 million in 2021
- India, South Korea, and Australia to collectively reach slightly over US$ 600 million by 2031
- China to generate over US$ 2 billion in revenue across the textile dyes landscape
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Report Benefits & Key Questions Answered
- Textile Dyes Company & brand share analysis: The report offers brand-share analysis on Textile Dyes market to offer a more in-depth competition deep-dive. This is intended at assisting companies at proactive long-term planning.
- Textile Dyes Historical volume analysis: Factors affecting sales in the past are analyzed in detail. The report also offers comparative analysis between growth trajectory exhibited in 2016-2020 and 2021-2031.
- Textile Dyes Category & segment level analysis: To offer a comprehensive analysis, the market identifies leading segments and highlights chief factors enabling growth across these categories.
- Textile Dyes Consumption by demographics: The demographic analysis is intended at providing recommendations to companies to help them create growth strategies around dynamic consumption patterns.
- Textile Dyes Manufacturing trend analysis: Manufacturing trend analysis is the key highlight of the study. It offers vital data on strategies adopted by market players to align their manufacturing strategies as per prevailing market trends.
- Post COVID consumer spending on Textile Dyes: The survey offers a chapter dedicated to analyzing post COVID consumer behavior. Changes in their spending pattern are carefully analyzed to offer insights into potential impact on Textile Dyes sales.
More Valuable Insights on Textile Dyes Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Textile Dyes, Sales and Demand of Textile Dyes, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.