Dyestuff for cotton market1. © Coherent market Insights. All Rights Reserved
GLOBAL DYESTUFF FOR COTTON MARKET to
surpass US$ 3.66 billion by 2025
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REPORT DESCRIPTION
Dyes are aromatic and ionizing compounds, which has large affinity towards the substrate applied to. These are of
two types namely natural and synthetic dyes. Synthetic dyes use various color modifiers such as methyl and ethyl
group in order to alter the color of the dyes, which finds wide applications in various end-use industries such as
textile (non-woven), healthcare and personal care. The growing textile industry in Asia Pacific, in turn is expected
to boost growth of the dyestuff for cotton market during 2017-2025. China and India are the major manufacturers
and exporters of textiles across the world. The Indian textile industry comprises small scale, weaving, finishing,
non-integrated spinning and apparel enterprises. Favorable government policies such as tax policy, regulations
and labor intensive enterprises coupled with employment opportunity to the ever growing populations is
propelling growth of the textile industry. This is expected to boost the market for dyestuff for cotton, as this
industry uses large volumes of dyestuff for providing texture to the finished product. For instance, according to
India Brand Equity Foundation (IBEF)—a trust established by the Department of Commerce, Ministry of
Commerce and Industry, Government of India—the Indian textiles industry, in 2016, at around US$ 108 billion,
and is projected to reach US$ 223 billion by 2021. The growing textile trade activities between Asia Pacific and
North America is expected to propel the growth of the non-woven end use industry. However, stringent
government regulations in North America in terms of export and import of non-woven textiles is expected to
hinder growth of the market for dyestuff for cotton during the forecast period.
Dyestuff for Cotton Market Overview
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Market Dynamics
Increasing use of dyestuff in the healthcare industry is propelling growth of the market for dyestuff for cotton,
due to its various application in medical test and drugs. For instance, fluorescein angiography dyes are used to
carry out angiogram test to highlight the arteries. This test is conducted to check the abnormalities in the
circulation system and to detect any kind of leakage or abnormal blood vessels, which cannot be seen on X-
Ray test. Also, various dyes used in capsules and syrup includes, titanium dioxide, dispersing materials, FD &
C dyes and D & C dye which are approved by the U.S. Food and Drug Administration (FDA) in 2015. Among
end-use segments, the healthcare industry segment accounted for the largest share in 2016 and the trend is
expected to continue during the forecast period.
Regional Insights
North America, followed by Europe and Asia Pacific, respectively accounted for major share in the global
dyestuff for cotton market both in terms of revenue and volume in 2016 and the trend is estimated to remain
the same over the forecast period. In 2016, North America held a share of 33.10% in terms of volume,
followed by Europe (28.10%).
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Key takeaways of the market:
North America is projected to be the largest region in global dyestuff for cotton market. It accounted for
around 33.10% of overall dyestuff for cotton market revenue in 2016. The market in this region is expected to
be primarily driven by rampant growth of pharmaceuticals and personal care industry. The growing trend for
online retail chain positively shapes the apparel and textile industry, as advancing economy and rising income,
people have less time for outdoor shopping. Currently the market for online luxury fashion sales is dominated
by U.S., Germany and U.K.
The market in Latin America is expected to register a significant growth rate over the forecast period. Rise in
textiles industry across the region is expected to create lucrative growth opportunities for the players in this
region.
Personal care industry is one of the key industries for the use of dyestuff for cotton. A strong cosmetics
product sales in North America and Europe is expected to enhance the growth of dyestuff for cotton in the
forecast period. The various types of dyestuffs that are used in cosmetics is particularly limited, because they
must be registered on positive regulatory lists.
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