The Global Organic Dyes Market size is expected to reach USD 10.15 billion from USD 6.76 billion in 2019, at a growth rate of 5.1% over the forecast period. The market growth is driven by growing concerns for the environment and increased adoption of environment-friendly dyes, especially in western countries. Subsequent growth in the digital inks technology is also contributing to the expansion of organic dyes industry.
Organic dyes are sourced from naturally occurring sources and are extensively used for various industrial processes such as tanneries, fabric, leather, woven, textile, cosmetic, pulp & paper, food processing, pharmaceuticals, electroplating, distillers, and agricultural research, among others. Surging demand for HPP (High-Performance Pigments) from various end-use industries is likely to supplement organic dyes market share through 2027.
However, the negative impact of organic dyes on water bodies, and slowed vehicle production, are some of the significant challenges for the organic dyes industry.
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The paint and coatings application of organic dyes are experiencing massive popularity on account of its exceptional performance, sustainability, and cost-effectiveness. High-performance dyes and pigments are essential for the protection of buildings from heat impact and corrosion. Superior benefits and variety in shades and textures are fuelling product adoption.
Based on dyeing process, Azo dyes are experiencing massive demand for food and textile industry. Azo dyes are organic in nature and are gaining traction, owing to the ease of manufacturing and cost-effective benefits. However, if these dyes are discharged in water bodies, it can disrupt the ecosystem and is also obnoxious in case of human consumption. Under some conditions, azo dyes happen to form amines, which is carcinogenic in nature and is banned in many countries.
In the regional landscape, the Asia Pacific region produces the maximum organic dyes across the whole world and is also the global exporter of organic dyes, which is stimulating the growth of APAC organic dyes market. Over the past few years, a global shift in the manufacturing of organic dyes from the mature market of North America and America to emerging economies of the APAC region has been witnessed. Countries in the region, including China, Vietnam, and India, are offering lucrative opportunities for the organic dyes market proliferation on account of the abundance of raw material and availability of low-cost labour in the region. Moreover, high investments by major industry players in the region will further support regional growth. Estimates suggest that China will be dominating the industry landscape in the forecast period due to the highest manufacturing as well as consumption of organic dyes in the country, followed by India.
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Key players profiled in the Global Organic Dyes Market:
Global Organic Dyes Market: Segmentation
For this report, the Global Organic Dyes Market has been segmented by Reports And Data on the basis of dyeing process, source type, application, and region:
Dyeing Process Outlook (Revenue, USD Billion; 2017-2027)
Source Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
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Regional Outlook (Revenue, USD Billion; 2017-2027)