Reactive Dyes Market Insights by Size, Growth, Regional Outlook, Share Analysis, Drivers, Top trends

Reactive Dyes Market 2019 Leading Growth Drivers, Emerging Audience, Global Segments, Sales, Profits & Regional Study 2023

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Reactive Dyes Market 2019

Reactive Dyes Market 2019 Company Profile, Product Specifications, Capacity, Production Value Forecast to 2023 Reactive Dyes Market Overview: Reactive dyes is used in various applications such as cotton, paper, nylon, leather, and others by different types such as reactive cold dyes, reactive hot dyes, reactive 'HE' dyes, reactive 'ME' dyes, and others. Additionally, the growing demand in the textile industry is a key factor to drive the reactive dyes market. On the basis of region, the market share of reactive dyes is high in Asia Pacific due to huge utilization in growing industry such as textile, paper, and others. It is also expected to increase at a higher growth rate as compared to other regions such as North America, Europe, Latin America and the Middle East & Africa.

Key Players of the Global Reactive Dyes Market: Huntsman International LLC. (US), BASF SE (Germany), NIPPON KAYAKU CO. LTD. (Japan), Sumika Chemtex Co., Ltd. (Japan), Archroma (Switzerland), Colourtex (India), Kiri Industries Ltd. (India), IM Dye Chem (India), Roop dyes and Intermediates (India)

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Reactive Dyes Market 2019

Industry/ Innovation/ Related News: November 2016- Huntsman Corporation signed an agreement for strategic partnership with Jihua Group, a China based company. With this agreement, textile division of Huntsman Corporation and Jihua Group will cooperate to meet the increasing demand for dye and dye intermediates for China’s textile sector. The strategic partnership will strengthen the group’s capabilities of serving customers in China and further speedily expand their business across the globe.

July 2016- Bodal Chemicals, one of the leading producer of dyes intermediate and dyestuff based at Ahmedabad, plan to expand its dyestuff manufacturing at its Vadodara facility. The company will expand its business in two phases. In first phase the company will expand dyestuff production capacity by 8000 MTPA and in second phase the company will increase production capacity from 17000 MTPA to 25000 MTPA. With this expansion the company strengthen its position in dye intermediate market.

September 2015- Shree Pushkar Chemicals & Fertilizers Ltd planned to set up reactive dye manufacturing unit with an annual capacity of 3000 tonnes. As with increase in dye manufacturing demand, company will expand its dyes intermediate capacity of H acid by 750 tonnes and vinyl sulphone by 1000 toness. With this expansion in manufacturing unit, company strengthen its position in global market.

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Reactive Dyes Market 2019

Competitive Landscape: Reactive Dyes report analyses the degree of competition among the market players as well as industry growth and market scenario. The global reactive dyes market consist of various players operating in the market including large scale and medium size manufacturers.

This industry is concentrating towards growth association specifically by Asia Pacific as medium scale and key operating players are from this region specifically from China, South Korea, Thailand, Japan, and India. Furthermore, reactive dyes manufacturers from Europe and North America are planning to expand their manufacturing base to Asia Pacific region in order to meet the demand for reactive dyes in this region. In addition to this, manufacturers operating in this region are expanding their production capacity in order to strengthen their position and to meet the demand for increasing textile sector.

Moreover, the market is rising with a substantial growth rate which raises the competitive rivalry among the industry players.

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Reactive Dyes Market 2019

Regional Analysis: Geographically, Asia Pacific accounts for the largest market share in reactive dyes market growth due to demand in various industry such as textile, leather, and paper, especially in China region followed by India. Europe holds the second position for reactive dyes market and is another lucrative market in terms of value and volume after APAC. Germany, Italy, and UK led the demand for reactive dyes in this region. In Europe region, reactive dyes market is mainly driven by textile industry.

North America accounted for the third largest share in the global reactive dyes market in 2016. UK, Canada, and United Mexican States led the demand for reactive dyes in this region. In this region, reactive dyes market is driven by large demand in textile, paper, and leather industry. Latin America and the Middle East also witnessed in growth of reactive dye market due to various application such as paper dye, leather dye, wood dye, and others

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