Qyresearch the global market for dyestuff for textile fibers is expected to reach about 5703 89 m us

QYRESEARCH FOCUS ON MARKET SURVEY AND RESEARCH

www.qyresearch.com

Beijing Hengzhou Bozhi International Information Consulting Web: qyresearchglobal.com | qyresearcheurope.com |

Contact

qyresearch.com | qyresearch.com/english | qyresearchjapan.com TEL:+86-13660489419, Office:+86-2086655165 Media: press@qyresearch.com Marketing: sales@qyresearch.com Facebook: @QYResearchOfficial, Twitter: @QYResearch_ Wechat Official Account: QYResearch, Weibo: 恒州博智 www.qyresearch.com

QYResearch

Dyes are the colouring material that colour commodities of our day to day use. Hardly there is any industry where dyes are not used commercially.

From Plastic toys to jazzy t-shirt, everywhere there is application of dye.

Textile fiber dyestuff means the dyes used in the textile industry.

www.qyresearch.com

QYResearch During the past years, the dyestuff industry was overtaken by a series of fast changing events in the international arena. Indian companies failed to keep pace with the changing trends.

Our report focuses the market of dyestuff for textile fibers. The dominance of polyester and cotton in the global markets has decisively shaped the demand for certain types of dyestuffs. On the other hand, the demand for polyamides, acrylics, cellulose and wool was more or less stagnant. In 2016, the Polyester Fibers, Cellulose Acetate Fibers segment is the leading application of dyestuff for textile fibers, took the market share of 55.64%. When it comes to the type, Disperse Dyes accounted for 43.64% of the global dyestuff for textile fibers market, in terms of volume.

Differences in the regional growth rates of textile products too affect demand. The Asian region saw the biggest growth in textile production, followed by North America, Latin America and Western Europe. This suggests the shift in the global textile industry towards Asia. As a result, China leads in dyestuff production both in terms of volumes and value, with a 67.08% share of the global production; the India is next with 11.76% and Europe has around 5.60%. www.qyresearch.com

QYResearch

Due to a greater use of polyester and cottonbased fabrics, there has been a shift towards reactive dyes, used in cottonbased fabrics, and disperse dyes, used in polyester. These two dyes have been dominant in all the three regional global market, especially Asia.

Overall, dyestuff industry is relatively concentrated, manufacturers are mostly in the China, US, Taiwan and India. Among them, China output value accounted for more than 64.80% of the total output value of global dyestuff market in 2016. Longsheng Group is the world leading manufacturer in global dyestuff market with the market share of 24.75%, in terms of revenue.

www.qyresearch.com

QYResearch

According to QYResearch, The global dyestuff market is expected to reach $5703.89 million by 2022 from $5440.79 million in 2016, growing at a CAGR of 0.79% from 2016 to 2022. And China market is expected to keep being the biggest market with revenue market share of 66.25% in 2022.

www.qyresearch.com