Researchers from the Texas Tech University have developed a method to separate toxic dyes from wastewater. Hence, the global textile dyestuff market is expected to earn sustainable revenues at the back of improvements in waste management technologies. Moreover, the need for dye testing has also created a large playfield of opportunities for the market vendors.

According to a recent study, the global textile dyestuff market will expand at a moderate CAGR of 5 per cent over the period between 2018 and 2026. Furthermore, the total value of the global textile dyestuff market, which stood at US$ 5 billion in 2017, is expected to increase. The growth of the global textile dyestuff market largely relies on advancements in the clothing and apparel industry.

The need for dying garments and apparels is amongst the leading drivers of market demand. Furthermore, textile dying holds tremendous significance for the chemical industry as it helps in analysis of dye properties. Textile manufacturers are required to cater to the needs of a heterogeneous mix of consumers. This factor, coupled with availability of improved dying technologies, has played a vital role in market growth.

Textile manufacturers are making earnest efforts to improve their waste management procedures. Some of the leading vendors in the global textile dyestuff market are BASF SE, Archroma International, Huntsman International LLC., Bozzetto Group, Lanxess AG, and Dystar Group.