Synthetic Dyes Global Market Opportunities And Strategies To 2030: COVID-19 Growth and Change provides the strategists; marketers and senior management with the critical information they need to assess the global synthetic dyes market as it emerges from the COVID 19 shut down.
Where is the largest and fastest growing market for synthetic dyes? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The synthetic dyes market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider synthetic dyes market; and compares it with other markets.
Markets Covered:
Companies Mentioned: DyStar Singapore Pte Ltd.; Huntsman International LLC; Sumitomo Chemical Co., Ltd.; Zhejiang Jihua Group Co., Ltd.; Zhejiang Longsheng Group Co., Ltd.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; Synthetic dyes indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 12 geographies.
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- Benchmark performance against key competitors.
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Description:
Where is the largest and fastest growing market for synthetic dyes? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The synthetic dyes market global report answers all these questions and many more.
The report covers market characteristics; size and growth; segmentation; regional and country breakdowns; competitive landscape; market shares; trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider synthetic dyes market; and compares it with other markets.
The report covers the following chapters:
- Executive Summary - The executive summary section of the report gives a brief overview and summary of the report.
- Report Structure - This section gives the structure of the report and the information covered in the various sections.
- Introduction - The introduction section of the report gives brief introduction about segmentation by geography, segmentation by product type, and segmentation by end use industry.
- Market Characteristics - The market characteristics section of the report defines and explains the synthetic dyes market. This chapter also defines and describes goods and related services covered in the report.
- Trends And Strategies - This chapter describes the major trends shaping the global synthetic dyes market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
- Impact Of COVID-19 - This chapter discusses the impact of COVID-19 on the synthetic dyes market.
- Global Market Size And Growth - This section contains the global historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis - This section contains the historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values and growth and market share comparison by region.
- Segmentation - This section contains the market values (2015-2030) and analysis for different segments.
- Regional Market Size and Growth - This section contains the region’s market size (2020), historic (2015-2020) and forecast (2020-2025), and (2025-2030) market values, and growth and market share comparison of countries within the region. This report includes information on all the regions Asia-Pacific, South America, Middle East and Africa and major countries within each region. The market overview sections of the report describe the current size of the market, background information, government initiatives, regulations, regulatory bodies, associations, corporate tax structure, investments, and major companies.
- Competitive Landscape - This section covers details on the competitive landscape of the global synthetic dyes market, estimated market shares and company profiles for the leading players.
- Key Mergers And Acquisitions - This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions which have shaped the market in recent years.
- Market Opportunities And Strategies- This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
- Conclusions And Recommendations - This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for synthetic dyes producing companies in terms of product/service offerings, geographic expansion, price offerings, marketing strategies and target groups.
- Appendix - This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.
Scope
Markets Covered:
- By Product Type: Acid Dyes; Disperse Dyes; Reactive Dyes; Direct Dyes; Basic Dyes; Vat Dyes; Others
- By End User Industry: Textiles; Food And Beverages; Paper; Inks; Leather; Other Industries
Companies Mentioned: DyStar Singapore Pte Ltd.; Huntsman International LLC; Sumitomo Chemical Co., Ltd.; Zhejiang Jihua Group Co., Ltd.; Zhejiang Longsheng Group Co., Ltd.
Countries: China; Australia; India; Indonesia; Japan; South Korea; USA; Brazil; France; Germany; UK; Russia
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets; GDP proportions; expenditure per capita; Synthetic dyes indicators comparison.
Data segmentations: country and regional historic and forecast data; market share of competitors; market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Table of Contents
1. Synthetic Dyes Market Executive Summary2. Table of Contents3. List of Figures4. List of Tables5. Report Structure
6. Introduction
7. Synthetic Dye Market Characteristics
8. Synthetic Dyes Market Trends And Strategies
9. Impact Of COVID-19 On The Synthetic Dyes Market
10. Global Synthetic Dyes Market Size And Growth
11. Global Synthetic Dyes Market Segmentation
12. Synthetic Dyes Market, Regional And Country Analysis
13. Asia-Pacific Synthetic Dyes Market
14. Western Europe Synthetic Dyes Market
15. Eastern Europe Synthetic Dyes Market
16. North America Synthetic Dyes Market
17. South America Synthetic Dyes Market
18. Middle East Synthetic Dyes Market
19. Africa Synthetic Dyes Market
20. Global Synthetic Dyes Market Competitive Landscape
21. Key Mergers And Acquisitions In The Synthetic Dyes Market
22. Global Synthetic Dyes Market Opportunities And Strategies
23. Synthetic Dyes Market, Conclusions And Recommendations
24. Appendix
Executive Summary
This report describes and explains the synthetic dyes market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.The synthetic dyes market reached a value of nearly $18,037.1 million in 2020, having increased at a compound annual growth rate (CAGR) of 0.03% since 2015. The market is expected to grow from $18,037.1 million in 2020 to $23,576.4 million in 2025 at a rate of 5.5%. The market is then expected to grow at a CAGR of 4.1% from 2025 and reach $28,883.0 million in 2030.
Growth in the historic period resulted from emerging markets growth, government incentives, low interest rate environment, population growth, and wide range of synthetic dyes. Factors that hindered the growth of the synthetic dyes market during the historic period include safety concerns, regulatory challenges, ban on dyes, and increase in pricing during COVID-19.
Going forward, high demand from end-use industries, and increasing partnerships & alliances will drive the growth. Factors that could hinder the growth of the synthetic dyes market in the future include reduction in free trade, growing demand for natural dyes, and outbreak of COVID-19.
The synthetic dyes market is segmented by product type into acid dye, disperse dyes, reactive dyes, direct dyes, basic dyes, vat dyes, and other dyes. The acid dyes market was the largest segment of the synthetic dyes market segmented by product type, accounting for 22.6% of the total in 2020. Going forward, the VAT dyes market is expected to be the fastest growing segment in the synthetic dyes market segmented by product type, at a CAGR of 11.9% during 2020-2025.
The synthetic dyes market is segmented by end-use industry into textiles, food and beverages, paper, inks, leather, other industries. The textile was the largest segment of the synthetic dyes market segmented by end-use industry, accounting for 64.6% of the total in 2020. Going forward, the textile segment is expected to be the fastest growing segment in the synthetic dyes market segmented by end-use industry, at a CAGR of 6.8% during 2020-2025.
Asia Pacific was the largest region in the synthetic dyes market, accounting for 36.5% of the total in 2020. It was followed by Western Europe, and North America. Going forward, the fastest-growing regions in the synthetic dyes market will be Africa, and South America where growth will be at CAGRs of 10.3% and 9.4% respectively. These will be followed by Middle East, and Eastern Europe, where the markets are expected to grow at CAGRs of 8.3% and 5.5% respectively.
The COVID-19 outbreak had a significant impact on the synthetic dye market, as governments globally imposed lockdowns, and suspended domestic & international transportation services to contain the virus. Manufacturing and supply of various materials, including synthetic dye was affected as facilities were shut down and the movement of people and goods were restricted. The disruptions in the supply of synthetic dyes impacted India’s production, as the import of raw materials from China was restricted due to the COVID-19 outbreak. The majority of synthetic dye manufacturing units in India (Gujarat and Maharashtra) depend on the raw materials from China. For instance, 470 textile units in Tripura, India require 500 tons of synthetic dyes each month, disruption in the supply of synthetic dyes led them to look for alternatives such as natural dyes.
The global synthetic dyes is highly fragment, with a large number small players operating in the market. The top ten competitors in the market made up to 8.55% of the total market in 2020. Major players in the market include DyStar Singapore Pte Ltd, Huntsman International LLC, Sumitomo Chemical Co., Ltd., Zhejiang Jihua Group Co., Ltd., and Zhejiang Longsheng Group Co., Ltd.
The top opportunities in the synthetic dyes market segmented by product type will arise in the disperse dyes segment, which will gain $1,809.2 million of global annual sales by 2025. The top opportunities in segment by end-use industry will arise in the textiles segment, which will gain $4,555.6 million of global annual sales by 2025. The synthetic dyes market size will gain the most in the Indonesia at $575.8 million.
Market-trend-based strategies for the synthetic dyes industry include investing IOT technology, implementing big data analytics in their operations, investing in the latest products, development of eco-friendly dyes, investing R&D projects, merger and acquisition agreements with emerging companies. Player-adopted strategies in the synthetic dyes industry include establishment of new research and manufacturing facilities, new product launches, research & development of innovative or ecofriendly synthetic dyes.
To take advantage of the opportunities, the publisher recommends the synthetic dyes companies to focus on adoption of IoT technology, focus on eco-friendly dyes, high wet-fast disperse dyes, investment in R&D, expand operations in emerging markets, strategic collaborations, leverage e-commerce to maximize reach and revenues, offer competitive pricing, increase visibility through business websites and listing websites, leverage technology to maximize reach and to focus on fast-growing end-use industries.
Companies Mentioned
- DyStar Singapore Pte Ltd.
- Huntsman International LLC
- Sumitomo Chemical Co., Ltd.
- Zhejiang Jihua Group Co., Ltd.
- Zhejiang Longsheng Group Co., Ltd.
- Everlight Chemical Industrial Co.
- Kyung-In Synthetic Corporation
- Atul Ltd.
- Milliken & Company
- Kiri Industries Limited
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 197 |
| Published | February 2022 |
| Forecast Period | 2015 - 2030 |
| Estimated Market Value ( USD | $ 18006.4 million |
| Forecasted Market Value ( USD | $ 28883 million |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
