Global Textile Dyes market will reach 10600 million US$ by the end of 2025
Published Date: 2018/9/12
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 dye means the dye used in the textile industry, in this report, the statistics data is including all kinds of textile dyes.
For industry structure analysis, the textile dyes industry is disperse, about thousands manufactures all over the world. A variety of manufacturers ranging from large multinational corporations to small privately owned companies compete in this industry, however the top six producers account just for more than 40% of the market. Regionally, China is the biggest production area of textile dyes, also the leader in the whole industry. India also produce large amount of textile dyes per year. Lonsen is the leading player in China, about 13.27% of the global textile dyes production in 2016.
For price trend analysis, a major factor that influences price fluctuation is the raw material price. The major raw materials, H Acid, Aluminum Trichloride, Phenol, Benzene, Alkyl Benzeneand Acetaldehyde are petroleum chemical products. The price of crude oil greatly influences the price of Benzene, Alkyl Benzeneand, thus the price of textile dyes. As the price of crude oil has been trending down since 2014, the price of textile dyes has declined as a result of that factor. It is expected the price of textile dyes would still decrease a little due to the situation of current crude oil market.
The global Textile Dyes market is valued at 9240 million US$ in 2017 and will reach 10600 million US$ by the end of 2025, growing at a CAGR of 1.8% during 2018-2025.
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