Basic Dyes Global Market Report 2024

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 witnessed in the historic period can be linked to the expansion of the textile industry, the increasing demand for cost-effective coloring solutions, growth within the paper and pulp industry, the utilization of dyes in leather dyeing applications, and the rise of affordable synthetic fibers. These factors collectively contributed to the growth observed during that period.

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 anticipated growth in the forecast period is tied to the increasing demand for eco-friendly dyes, the expanding scope of non-textile applications, heightened usage in biological staining, shifts in consumer preferences toward sustainable solutions, and regulatory emphasis on environmentally friendly alternatives. Key trends expected during this period encompass a focus on product diversification, advancements in manufacturing technologies, optimization of global trade dynamics and supply chains, greater significance of research and development endeavors, and an increased adoption of digital printing methods.

The anticipated surge in demand from key end-use sectors such as paper and leather industries is poised to drive the growth of the basic dyes market in the foreseeable future. The paper and pulp industry, encompassing the production of pulp and paper from wood or recycled fiber, has witnessed global output reaching 415 metric tons in 2021, reflecting a 4% improvement over the previous year, as reported by the International Energy Agency in September 2022. Similarly, the leather industry, involved in the preservation of rawhide and leather production, experienced a noteworthy increase in exports, exceeding $1.4 billion in 2021, a $506 million rise from 2020, according to the Leather and Hide Council of America in February 2021. The escalating demand from sectors such as paper, textile, and leather is a driving force behind the expansion of the basic dyes market.

The growth of the basic dyes market is further propelled by the burgeoning textile industry. The textile sector, encompassing fabric and textile production through processes such as spinning, weaving, and dyeing, utilizes basic dyes for creating diverse and distinctive colors for clothing. Notably, the textile exports from India, as reported by the Ministry of Textiles in May 2022, surged to $44.4 billion in the fiscal year 2021-22, marking a substantial 41% increase from the previous fiscal year and a notable 26% rise from the fiscal year 2019-20. The expansion of the textile industry, coupled with the increasing demand for sustainable dyeing practices, is a significant driver for the basic dyes market.

A prominent trend shaping the basic dyes market is the adoption of technological advancements by key industry players. Notably, companies operating in this market are actively engaged in developing innovative technologies to enhance their market position. For example, in August 2022, Thesara Industrial Technology Private Limited, an India-based technology company, introduced the indigo dyeing wisik technology. This cutting-edge technology not only conserves water but also ensures zero effluent, making it an environmentally conscious solution for sustainable indigo dyeing and functional coating on fabrics. The pursuit of technological innovation remains a key focus for companies in the basic dyes market, contributing to its overall growth and competitiveness.

Prominent enterprises within the basic dyes market are strategically investing in cutting-edge technologies, specifically biology-based dye technologies, to secure a competitive advantage. This innovative approach involves the utilization of natural compounds or bioengineered substances, ensuring sustainable and eco-friendly coloring across various applications. In a noteworthy example from November 2021, Pangaia, a UK-based materials science company, collaborated with Colorifix, a UK-based biotechnology company, to introduce a limited-edition capsule of tracksuits featuring the second release from their innovation platform. This release showcased the application of biology-based dye technology, where Colorifix employed DNA sequence data to identify the genetic code of natural pigments. Through synthetic biology, this code was inserted into engineered microorganisms, enabling them to produce and fix pigments onto fabric. This groundbreaking process eliminates the use of petrochemicals and hazardous substances commonly associated with traditional dyeing methods. Notably, Colorifix technology achieves substantial environmental savings compared to conventional cotton dyeing, reducing water consumption by at least 49%, electricity usage by 35%, and CO2 emissions by 31%.

In February 2023, Archroma, a Switzerland-based sustainable specialty chemicals and products company, completed the acquisition of the Huntsman Textile Effects division for $718 million. This strategic move underscores Archroma's commitment to growth, as the company restructured into two operational divisions, each focusing on distinct end markets. The acquired Huntsman Textile Effects, a US-based manufacturer specializing in textile dyes, digital inks, and chemicals, enhances Archroma's position in the market and aligns with its broader business objectives. This acquisition represents a strategic investment in expanding capabilities and market presence within the textile industry.

Major companies operating in the basic dyes market report are BASF SE, Bayer AG, Archroma Corporation, Nippon Kayaku Co.Ltd., CHT Group, Aljo Mfg Co., Osaka Godo Co Ltd., Setas, Atul Ltd., Chromatech Inc., Victor Color Industries, Sensient Technologies Corporation, Hodogaya Chemical Co Ltd., Zheijang Longsheng Group Co Ltd., Suzhou Sunway Dyes and Chemicals Co Ltd., Tailon Group, Shandong Qingshun Chemical Technology Co Ltd., Clariant AG, DuPont de Nemours Inc., Sigma-Aldrich, Lonsen, Hebei Youhao Chemical Co Ltd., GFS Chemicals Inc., Equinox Impex India, Meera Dyestuff Industries, Tianjin Yadong Group Co Ltd., Seta Corporation, Hangzhou Dikai Chemical Co Ltd., Abbey Color Inc., Ambuja Intermediates Limited, Anhui Tianrun Chemical Industry Co Ltd.

Asia-Pacific was the largest region in the basic dyes market in 2023. The regions covered in the basic dyes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the basic dyes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

These dyes are predominantly available in liquid and powder forms. The liquid variation is versatile, capable of dyeing various fabrics such as cotton, silk, and natural fibers such as wool. They are distributed through diverse sales channels encompassing online and offline platforms, and their applications span a wide range of industries such as hair dyeing, paints, textiles, plastic manufacturing, agrochemicals, petroleum, paper production, and others.

The basic dyes market research report is one of a series of new reports that provides basic dyes market statistics, including basic dyes industry global market size, regional shares, competitors with a basic dyes market share, detailed basic dyes market segments, market trends, and opportunities, and any further data you may need to thrive in the basic dyes industry. The basic dyes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


This product will be delivered within 3-5 business days.