-- The increasing demand for various fibers used in the non-woven textile industry, for manufacturing of garments such as nylon fiber, acrylic fibers and polyester fibers, is in turn is propelling the demand for colors, this led to the market growth for dyestuff during 2017-2025. North America, followed by Europe and Asia Pacific respectively are dominating the market for dyestuff in the past and the markets in the regions are expected to retain their dominance during the forecast period. On the basis of product type, the dyestuff for cotton market is segmented into reactive dyes, disperse dyes, direct dyes, sulfur dyes, optical brighteners, and others. Reactive dyes was the largest segment in 2016. These dyes are gaining wide traction mainly due to its highly reactive property, which forms a chemical or covalent bond with the main components of the cotton fibers (cellulose).
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The dyestuff for cotton market in Asia Pacific is expected to witness significant growth during the forecast period, as this region is experiencing major economic growth and is characterized by low production costs. China and India are the largest exporters of non-woven textiles products across the world in the last five years and the trend is expected to continue in the forecast period. These countries are therefore, expected to be the growth engines of the global dyestuff for cotton market. Stringent government regulations in China to lower the VOC content and environment pollution. Dye manufacturing facilities use large amounts of fresh water, which is converted to toxic waste that is subsequently released into the environment. This led to the shutting down of various dye manufacturing facilities in China. However, this may create an opportunity for the Indian dye manufacturing company to flourish in the market during the forecast period. For instance, in 2016, Hubei Chuyuan Group Company located in Shishou, an inland city, of Great Jianghan Plain of China, having manufacturing capacity of 50,000 metric tons per year, which accounts for a market share of around 30% in the global dyes market in 2015, had shut down due to certain environment regulations enforced by the Government of China.
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Market Dynamics
North America dominated the global dyestuff for cotton market in 2016 and the trend is expected to remain the same during 2017-2025. This is due to the various factors such as increasing health awareness among consumers and growing R&D activities in developing low VOC emission compounds by key manufactures. For instance, in April 3, 2017, the Scientists and engineers from Connecticut Department of Agriculture's Bureau of Aquaculture (CTDABA), U.S. Environmental Protection Agency's New England Regional Laboratory, along with the U.S. Food and Drug Administration (USFDA) Shellfish Sanitation Program has conducted a hydrographic dye dilution study on April 3rd. They will be tracking the flow and dispersion of wastewater discharging into Long Island Sound from the Greenwich Water Pollution Control Facility (WPCF), located on Grass Island in Greenwich Harbor. Europe is the second-most dominant region in the global dyestuff for cotton market and the market in the region is expected to experience a CAGR of 28.10% in terms of volume, during the forecast period. The market in this region is mostly driven by the growing pharmaceuticals and personal care industry.
Market Taxonomy
This report segments the global dyestuff for cotton market on the basis of product types and endues industry. On the basis of product types, the market is segmented as reactive dyes, disperse dyes, direct dyes, sulfur dyes, optical brighteners and others. On the basis of end use industry, the global dyestuff for cotton market is segmented into nonwoven, health care, personal care, surface cleaning and others. Moreover, reactive dyes for cotton is the largest product type segment, accounting for over 51.7% share of the global dyestuff for cotton market in 2016, while, optical brighteners for cotton is projected to be the fastest growing product segment and expected to grow at a CAGR of 7.1% in terms of volume during the forecasted period.
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