Synthetic Dyes Market worth $8.7 billion by 2027 - Exclusive Report by MarketsandMarkets™

CHICAGO, Aug. 24, 2022 /PRNewswire/ -- Synthetic Dyes Market size is estimated to be USD 6.3 billion in 2022 and is forecasted to grow to USD 8.7 billion by 2027, at a CAGR of 6.5%, during the forecast period, according to a new report by MarketsandMarkets™. Synthetic dyes are the colorants used in various end-use industries such as textile, pulp & paper, leather, food & beverage, and personal care. The overall increasing demand of synthetic dyes from end-use industries is driving the synthetic dyes market. The demand is projected to witness a faster growth rate in emerging regions such as Asia Pacific and South America. Furthermore, low cost of manufacturing in the Asia Pacific region supports the growth of synthetic dyes market.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=184747754

Browse in-depth TOC on "Synthetic Dyes Market"
154 – Tables
45 – Figures
199 – Pages

Based on type, reactive dyes segment is projected to be the fastest growing segment in the synthetic dyes market

Reactive dyes segment is projected to grow at the highest CAGR in the overall synthetic dyes market, in terms of value, during the forecast period. Reactive dyes are commonly used in the textile industry, for dyeing of cellulosic fibers. Factors such as superior properties, low cost, and better performance are driving the demand of this type of synthetic dyes.

Based on application, dyeing segment is estimated to grow at the fastest rate in the overall synthetic dyes market

Dyeing accounted for the largest share amongst applications in the synthetic dyes market, in 2021. It is projected to grow at the highest CAGR during the forecast period. Synthetic dyes are widely used for dyeing different fibers in the textile industry. The rising demand for synthetic dyes in the textile industry is driving the market for this segment.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=184747754

Huntsman Corporation is one of the leading players in the global synthetic dyes market. The company manufactures differentiated organic chemical products globally. It offers a broad range of chemicals and formulations for various applications including coatings and construction, packaging, textile, and synthetic fibers. Huntsman Corporation provides synthetic dyes through its textile effects business segment mainly for the textile industry. The key players in the synthetic dyes market include Huntsman Corporation (US), Zhejiang Longsheng Group Co., Ltd. (China), Archroma (Switzerland), Lanxess AG (Germany), Heubach Gmbh (Germany), Atul Ltd. (India), Milliken (US), Kiri Industries Ltd. (India), Bodal Chemicals Ltd. (India), Cromatos (Italy), Kemira Oyj (Finland), and Solenis (US). These market leaders have adopted several organic and inorganic growth strategies including new product launches, acquisitions, and expansions between 2019 and 2022 to strengthen their position in the synthetic dyes market.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=184747754

Browse Adjacent Markets: Specialty Chemicals Market Research Reports & Consulting

Related Reports:

COSMETIC DYES MARKET - GLOBAL FORECAST TO 2023 By Type (Natural and Synthetic Dyes), Application (Facial makeup, Eye makeup, Hair color, Lip products, Nail products, Toiletries), and Region

PAPER DYES MARKET - GLOBAL FORECAST TO 2022 by Type (Sulphur Dyes, Direct Dyes, Basic Dyes, and Acid Dyes), Form (Powder and Liquid), Application (Packaging & Board, Coated Paper, Writing & Printing, Tissues, Decorative Laminated Paper), and Region

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/synthetic-dyes.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg