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Global Dyestuff for Cotton Market to surpass US$ 3.66 billion by 2025

Increasing use of dyestuff in the healthcare industry is propelling growth of the market for dyestuff for cotton, due to its various application in medical test and drugs.

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Global Dyestuff for Cotton Market to surpass US$ 3.66 billion by 2025

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  1. GLOBAL DYESTUFF FOR COTTON MARKETto surpass US$ 3.66 billion by 2025

  2. REPORT DESCRIPTION Dyestuff for Cotton Market Overview Dyes are aromatic and ionizing compounds, which has large affinity towards the substrate applied to. These are of two types namely natural and synthetic dyes. Synthetic dyes use various color modifiers such as methyl and ethyl group in order to alter the color of the dyes, which finds wide applications in various end-use industries such as textile (non-woven), healthcare and personal care. The growing textile industry in Asia Pacific, in turn is expected to boost growth of the dyestuff for cotton market during 2017-2025. China and India are the major manufacturers and exporters of textiles across the world. The Indian textile industry comprises small scale, weaving, finishing, non-integrated spinning and apparel enterprises. Favorable government policies such as tax policy, regulations and labor intensive enterprises coupled with employment opportunity to the ever growing populations is propelling growth of the textile industry. This is expected to boost the market for dyestuff for cotton, as this industry uses large volumes of dyestuff for providing texture to the finished product. For instance, according to India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India—the Indian textiles industry, in 2016, at around US$ 108 billion, and is projected to reach US$ 223 billion by 2021. The growing textile trade activities between Asia Pacific and North America is expected to propel the growth of the non-woven end use industry. However, stringent government regulations in North America in terms of export and import of non-woven textiles is expected to hinder growth of the market for dyestuff for cotton during the forecast period.

  3. REPORT DESCRIPTION Market Dynamics Increasing use of dyestuff in the healthcare industry is propelling growth of the market for dyestuff for cotton, due to its various application in medical test and drugs. For instance, fluorescein angiography dyes are used to carry out angiogram test to highlight the arteries. This test is conducted to check the abnormalities in the circulation system and to detect any kind of leakage or abnormal blood vessels, which cannot be seen on X-Ray test. Also, various dyes used in capsules and syrup includes, titanium dioxide, dispersing materials, FD & C dyes and D & C dye which are approved by the U.S. Food and Drug Administration (FDA) in 2015. Among end-use segments, the healthcare industry segment accounted for the largest share in 2016 and the trend is expected to continue during the forecast period. Regional Insights North America, followed by Europe and Asia Pacific, respectively accounted for major share in the global dyestuff for cotton market both in terms of revenue and volume in 2016 and the trend is estimated to remain the same over the forecast period. In 2016, North America held a share of 33.10% in terms of volume, followed by Europe (28.10%). Request Sample Copy of This Report: https://www.coherentmarketinsights.com/insight/request-sample/409

  4. REPORT DESCRIPTION

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