All updated as on -
The size of the worldwide textile colorant market was USD 9.19 billion in 2022 and is anticipated to increase at a CAGR of 6.0% from USD 9.49 billion in 2023 to USD 13.29 billion in 2030. When the pandemic is gone, this market's demand and growth will resume to pre-pandemic levels, which explains the abrupt decrease in CAGR. The COVID-19 pandemic's effects have been unprecedented and overwhelming on a global scale, and the demand shock for these products has been negative in every region.
A dye or pigment used to color textiles is known as a textile colorant. Organic compounds that absorb visible light and emit colored light are frequently used as textile colorants. They are employed in the production of carpets, clothing, and other textile-based products. Chemicals called textile colorants are used to give fabrics the color they want. They come in a variety of forms, including liquids, pastes, and powders.
The need for textile dyes and pigments has increased along with the growth of the global textile manufacturing industry in recent years. Research and development on dyes that could provide textiles an oleo-phobic and hydrophobic character will support market expansion over the projection period. In February 2021, Dow unveiled a new line of long-lasting hydrophobic textile chemicals based on silicone chemistry, such as Dow's Dowsil IE-8749 emulsion. Studies conducted by the business on a variety of substrates show that the Dowsil IE-8749 Emulsion treatment outperforms conventional silicone finishes in terms of fabric retention, offering long-lasting water repellency even after numerous loads of washing.
The use of textile colorants is subject to several environmental and health laws, which further impede industrial expansion. Water waste also occurs as a result of the enormous amounts of water used as a solvent in textile dyeing operations, adding to the restrictions brought on by a lack of water. According to forecasts, creating creative methods to reduce water waste would present a sizable opportunity for industry expansion. Additionally, environmentally friendly organic dye advancements present a lucrative prospect for textile colorants.
The COVID-19 effect might be felt throughout the whole textile sector, even in the market for textile dyes and pigments. The output of textile manufacturers has come to an end as a result of the announcement of lockdowns in important textile-producing nations like China, India, Brazil, and Bangladesh. Additionally, buyers canceling orders, delaying payment confirmation deadlines, and major brands filing for bankruptcy hurt clothing makers. International logistics limitations and a broken revenue stream as a result of consumers cutting back on new clothing purchases make the problem much worse.
The first quarter of 2020 saw a 3% decrease in the value of global trade, according to figures from the UN Conference on Trade and Development. The demand for dyes and pigments in the global textile sector is mostly dependent on Asian countries, particularly China, which has seen a sharp decline as a result of the pandemic. Due to the accumulation of supplies, international fashion firms frequently cancel their purchases.
Natural dyes have traditionally been used to color fabrics. However, when consumer textile production increased as a result of the industrial revolution, there was an increase in the need for synthetic colorants to dye the vast majority of manufactured fabrics. However, there are a number of drawbacks to synthetic colorants, including itchiness, color fading, and a high water requirement for dye production and application. On the other hand, natural dyes have unique benefits, such as being renewable, itch-resistant, devoid of hazardous and cancer-causing compounds, and capable of absorbing a lot of UV light. Due to these reasons, several fashion businesses and shops have reaffirmed their commitment to using natural colours in their goods. The textile colorant industry is predicted to grow even more as a result.
Report Coverage
Global Textile Colorant research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Textile Colorant report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Textile Colorant competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Textile Colorant market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Textile Colorant market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Textile Colorant market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AkzoNobel, Dow Chemical, Berkshire Hathawy (Lubrizol Corporation), Huntsman, Abitec Corporation, Buckman Laboratories, KC Chemical, K-Tech (India), L.N. Chemical Industries, Lonsen, Omnova Solutions, Munzing, Archroma, Chemipol (Kothari Group), Dainichiseika Color & Chemicals Mfg, Kemira, Formosa Organic Chemical Industry, 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
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Textile Colorant market based on the below-mentioned segments:
Global Textile Colorant Market, By Type
Acid Colorant
Alkaline Colorant
Other
Global Textile Colorant market, By Application
Apparels
Automotive Textiles
Home Furnishing
Industrial Textiles
Smart-Textiles for Military & Defense
Other Textile Applications
Global Textile Colorant Market, By End User
Fashion
Home Decor
Automotive
Defense & Security
Other Industries
Global Textile Colorant market, Regional Analysis
A dye or pigment used to color textiles is known as a textile colorant. Organic compounds that absorb visible light and emit colored light are frequently used as textile colorants. They are employed in the production of carpets, clothing, and other textile-based products. Chemicals called textile colorants are used to give fabrics the color they want. They come in a variety of forms, including liquids, pastes, and powders.
The need for textile dyes and pigments has increased along with the growth of the global textile manufacturing industry in recent years. Research and development on dyes that could provide textiles an oleo-phobic and hydrophobic character will support market expansion over the projection period. In February 2021, Dow unveiled a new line of long-lasting hydrophobic textile chemicals based on silicone chemistry, such as Dow's Dowsil IE-8749 emulsion. Studies conducted by the business on a variety of substrates show that the Dowsil IE-8749 Emulsion treatment outperforms conventional silicone finishes in terms of fabric retention, offering long-lasting water repellency even after numerous loads of washing.
The use of textile colorants is subject to several environmental and health laws, which further impede industrial expansion. Water waste also occurs as a result of the enormous amounts of water used as a solvent in textile dyeing operations, adding to the restrictions brought on by a lack of water. According to forecasts, creating creative methods to reduce water waste would present a sizable opportunity for industry expansion. Additionally, environmentally friendly organic dye advancements present a lucrative prospect for textile colorants.
The COVID-19 effect might be felt throughout the whole textile sector, even in the market for textile dyes and pigments. The output of textile manufacturers has come to an end as a result of the announcement of lockdowns in important textile-producing nations like China, India, Brazil, and Bangladesh. Additionally, buyers canceling orders, delaying payment confirmation deadlines, and major brands filing for bankruptcy hurt clothing makers. International logistics limitations and a broken revenue stream as a result of consumers cutting back on new clothing purchases make the problem much worse.
The first quarter of 2020 saw a 3% decrease in the value of global trade, according to figures from the UN Conference on Trade and Development. The demand for dyes and pigments in the global textile sector is mostly dependent on Asian countries, particularly China, which has seen a sharp decline as a result of the pandemic. Due to the accumulation of supplies, international fashion firms frequently cancel their purchases.
Natural dyes have traditionally been used to color fabrics. However, when consumer textile production increased as a result of the industrial revolution, there was an increase in the need for synthetic colorants to dye the vast majority of manufactured fabrics. However, there are a number of drawbacks to synthetic colorants, including itchiness, color fading, and a high water requirement for dye production and application. On the other hand, natural dyes have unique benefits, such as being renewable, itch-resistant, devoid of hazardous and cancer-causing compounds, and capable of absorbing a lot of UV light. Due to these reasons, several fashion businesses and shops have reaffirmed their commitment to using natural colours in their goods. The textile colorant industry is predicted to grow even more as a result.
Report Coverage
Global Textile Colorant research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Textile Colorant report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Textile Colorant competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Textile Colorant market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | AkzoNobel, Dow Chemical, Berkshire Hathawy (Lubrizol Corporation), Huntsman, Abitec Corporation, Buckman Laboratories, KC Chemical, K-Tech (India), L.N. Chemical Industries, Lonsen, Omnova Solutions, Munzing, Archroma, Chemipol (Kothari Group), Dainichiseika Color & Chemicals Mfg, Kemira, Formosa Organic Chemical Industry, 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 |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Textile Colorant Market from 2021 to 2030.
- Market Forecast for Textile Colorant Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Textile Colorant competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Textile Colorant
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Textile Colorant market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Textile Colorant market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
AkzoNobel, Dow Chemical, Berkshire Hathawy (Lubrizol Corporation), Huntsman, Abitec Corporation, Buckman Laboratories, KC Chemical, K-Tech (India), L.N. Chemical Industries, Lonsen, Omnova Solutions, Munzing, Archroma, Chemipol (Kothari Group), Dainichiseika Color & Chemicals Mfg, Kemira, Formosa Organic Chemical Industry, 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
Primary Target Market
- Market Players of Textile Colorant
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Textile Colorant market based on the below-mentioned segments:
Global Textile Colorant Market, By Type
Acid Colorant
Alkaline Colorant
Other
Global Textile Colorant market, By Application
Apparels
Automotive Textiles
Home Furnishing
Industrial Textiles
Smart-Textiles for Military & Defense
Other Textile Applications
Global Textile Colorant Market, By End User
Fashion
Home Decor
Automotive
Defense & Security
Other Industries
Global Textile Colorant market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
You will get in-depth and extensive textile colorant market market research and competitor analysis for your business to help you develop more profound insights into the textile colorant market Market.
Through INFINITIVE Data Expert is a professional Market Research services, I will identify the textile colorant market market size, demand & opportunities, growth rate, and target audience with a comprehensive analysis of your competitors.