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Global Textile Colorant Market size was valued at USD 6499.05 million in 2021 and is poised to grow from USD 6850 million in 2022 to USD 10996.54 million by 2030, growing at a CAGR of 5.4% in the forecast period (2023-2030).
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Global Textile Colorant Market Size, Share, Growth Analysis, By Source By Type By Application- Industry Forecast 2023-2030 Global Textile Colorant Market size was valued at USD 6499.05 million in 2021 and is poised to grow from USD 6850 million in 2022 to USD 10996.54 million by 2030, growing at a CAGR of 5.4% in the forecast period (2023- 2030). With the expansion of the worldwide textile manufacturing industry in recent years, the need for textile dyes and pigments has risen as well. During the projection period, market growth will be supported by research & development on dyes that might provide textiles and oleo-phobic and hydrophobic character. A new range of long-lasting hydrophobic textile chemicals based on silicone chemistry, such as Dow's Dowsil IE- 8749 emulsion, was announced by Dow in February 2021. In comparison to traditional silicone finishes, the Dowsil IE-8749 Emulsion treatment exhibits better fabric retention, according to the company's studies on a range of substrates, providing long-lasting water repellency even after several piles of washing.
The implementation of many environmental and health regulations surrounding the use of textile colorants further restricts industry growth. Due to the massive volumes of water utilized as a solvent in textile dyeing processes, water waste also happens as a result, adding to the limits brought on by a lack of water. According to projections, developing novel techniques to cut down on water waste would offer a significant opportunity for market growth. Additionally, improvements in organic dyes that are non-toxic to the environment offer a lucrative opportunity for textile colorants.
Global Textile Colorant Market Segmental Analysis Global textile colorant market is segmented based on Source, Type, Application, and Region. Based on the Source, the global market is segmented as Natural and Synthetic. Based on the Type, the Textile Colorant Market is segmented as Azoic Dyes, Direct Dyes, Basic Dyes, Disperse Dyes, Reactive Dyes, Sulfur Dyes, Vat Dyes, and Others. Based on the Application, the Textile Colorant Market is segmented as Clothing, Technical Textiles, Home Textiles & Carpets, and Automotive Textiles. Based on Region,the Textile Colorant Market is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA. View-More https://www.skyquestt.com/report/textile-colorant- market
Textile Colorant Market Top Player's Company Profiles •Huntsman Corporation •Archroma Management LLC •Kiri Industries Limited •DyStar Singapore Pte Ltd. •BASF SE •Clariant International Ltd. •DIC Corporation •Yorkshire Group plc •Standard Colors Inc. •Colourtex Industries Private Limited •Synthesia a.s. •Zhejiang Longsheng Group Co. Ltd. •Runtu Co. Ltd. •Bezema AG •Sumitomo Chemical Co. Ltd. •Jihua Group Corporation Limited •Hangzhou Jihua Group Company Limited •Colorant Limited •Atul Ltd. •Colourtex GmbH
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