The Basic Dyes by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Basic Dyes, The basic dyes market
size has grown rapidly in recent years. It will grow from $1.54 billion in 2023
to $1.71 billion in 2024 at a compound annual growth rate (CAGR) of 11.3%. The
growth in the historic period can be attributed to textile industry
expansion, demand for affordable coloring solutions, growth in paper and pulp
industry, leather dyeing applications, rise of affordable synthetic fibers.
The basic dyes market size is expected to see rapid growth in the next few
years. It will grow to $2.52 billion in 2028 at a compound annual growth rate
(CAGR) of 10.1%. The growth in the
forecast period can be attributed to growing demand for environmentally friendly
dyes, expansion of non-textile applications, increased use in biological
staining, shifts in consumer preferences, regulatory emphasis on eco-friendly
solutions. Major trends in the forecast period include focus on product differentiation,
technological advancements in manufacturing, global trade dynamics and supply
chain optimization, rising importance of research and development ,increased
use in digital printing .
The rising demand from end-use sectors such as the paper and leather industries
are expected to propel the growth of the basic dyes market going forward. The
paper and pulp industry refers to the industry that manufactures pulp and paper
from wood or recycled fiber. The leather industry includes the preservation of
rawhide after slaughter and the tanneries that turn raw skins into durable
leather. Basic dyes are widely used for coloring and providing color fastness,
an added benefit for producing attractive graphics and prints. Thus, the demand
rises from these sectors to expand the basic dyes market. For instance, in
September 2022, according to the International Energy Agency, a France-based
independent intergovernmental organization, globally, paper output hit a new
high of 415 metric tons in 2021, a 4% improvement over 2020. Furthermore, in
February 2021, according to the Leather and Hide Council of America, a US-based
trade organization states, the United States hide, skin and leather industry
exported more than $1.4 billion in combined cattle hides, pigskins, and
semi-processed leather goods in 2021, a $506 million increase from 2020.
Therefore, rising demand from end-use sectors like paper, textile, and leather
drives the basic dyes market.
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The basic dyes market covered in this report is segmented –
1) By Type: Liquid, Powder
2) By Sales Channel: Online, Offline
3) By Application: Hair Dyeing, Paints And Coating, Textile, Plastic Industry,
Agrochemicals, Petroleum, Paper Industry, Other Applications
Technological advancements are a key trend gaining popularity in the basic dyes
market. Major companies operating in the basic dyes market are focused on
developing innovative technologies to strengthen their position in the market.
For instance, in August 2022, Thesara Industrial Technology Private Limited, an
India-based technology company launched new indigo dyeing wisik technology.
This technology saves water and zero effluent that create an ultimate
sustainable indigo dyeing and functional coating on the fabric, specially
designed for environmentally-conscious people.
The basic dyes market report table of contents includes:
1. Executive Summary
2. Basic
Dyes Market Characteristics
3. Basic
Dyes Market Trends And Strategies
4. Basic
Dyes Market - Macro Economic Scenario
5. Global
Basic Dyes Market Size and Growth
.
31. Global Basic Dyes Market Competitive Benchmarking
32. Global
Basic Dyes Market Competitive Dashboard
33. Key
Mergers And Acquisitions In The Basic Dyes Market
34. Basic
Dyes Market Future Outlook and Potential Analysis
35.
Appendix
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