London, 22 June 2015 – The global dyestuff market for textile fibers is expected to grow at a CAGR of almost 9% from 2015-2019, according to a new report from research firm Technavio.
About the Report
The manufacture of apparel such as innerwear, outerwear, pants, trousers, shirts, shorts, socks, dresses, and childrens wear is increasing worldwide. Dyestuffs are used to provide color and viscosity to the textile fibers used in the manufacturing of apparel.
“The decreased use of chemicals for dyeing will increase the speed of dyeing cycles, leading to less energy consumption and reduced cost of textile dyes, thus propelling market growth,” says Faisal Ghaus, Vice President of Technavio.
The latest report by Technavio also emphasizes growing patterns of technological commoditization. Collaborations with technological partners are being undertaken to produce integrated color solutions for customers instead of colorants.
“Moreover, textile manufacturers acquire strategic stakes in supplier firms to have better control of the quality of input materials,” says Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and the growth prospects of the global dyestuff market for textile fibers from 2015-2019. To calculate the market size, the report considers revenue generated from from sales of textile dyes in various industries and for experimental and laboratory use.
Key Information Covered in the Report:
Key Vendors:
- Huntsman International
- Kemira Oyj
- Kiri Industries Ltd.
- Sumitomo Chemical Co. Ltd.
Market Growth Drivers:
- Increased Demand for natural dyes
- For a full detailed list, view our report.
Market Challenges:
- Stringent Environmental Regulations
- For a full detailed list, view our report.
Market Trends:
- Increased Use of Waterless Dyeing
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
