The textile dyes market is growing by six per cent a year. Rapidly evolving fashion trends are prompting manufacturers to include new color combinations and designs, pivoting sales.The market posted impressive gains over the last five years.

Manufacturers are expected to primarily focus on Asian markets, with prominent countries such as India and China emerging as lucrative growth hubs.Prominent manufacturers are increasingly capitalizing on organic textile dyes, attributed to rising concerns over the detrimental impacts of using synthetic chemicals, furthering expansion prospects.

Demand for direct textile dyes is expected to remain high. Reactive textile dyes are experiencing fast growth. Dyes for viscose fibers are expected to have a compound annual growth rate of around six per cent. Polyester textile dyes are expanding impressively.

The US is likely to register heightened textile dye sales. India, South Korea, Australia and are generating huge revenues across the textile dyes landscape. India’s textiles industry contributes seven per cent to industry output. China’s chemical fiber production exceeds 50 million tons, comprising over 66 per cent of global production. Such trends are motivating prominent players to increase their foray across these markets.

Some key textile dye manufacturers are Huntsman, Atul, DyStar, Colorant, Kiri, Jay Chemical, Organic Dyes and Pigments and Archroma.