China Dyes Market is Expected to Reach around USD 9.3 billion by 2022: Ken Research

China organized and unorganized dyes market, by product type (reactive dyes, disperse dyes, direct dyes, acid dyes, vat dyes and others), by application (textiles, leather, paper, printing inks and others), by export and domestic sales. The report also covers the overall competitive landscape of major companies such as Zhejiang Longsheng Group, Zhejiang Runtu Group, Jiangsu Jinji Group, Shanghai Anoky Group, Zhejiang Jihua Group, Jiangsu Yabang Dyestuff Co Ltd, and others. The report concludes with market projection for future for dyes market as described above and analyst recommendations highlighting the major opportunities and cautions for overall China dyes market.

Analysts at Ken Research in their latest publication “China Dyes Market Outlook to 2022 – By Market Structure (Organized and Unorganized Market), By Export and Domestic Sales, By Applications (Textiles, Printing Inks, Paints and Coatings, Construction and others) and By Type of Dyes (Disperse, Reactive, Acid, VAT and others)” believe that increasing barriers to entry and industry concentration will create a positive impact on the market.

• China Dye industry is concentrated with majority of the manufacturers located in Zhejiang, Jiangsu, Hubei and Shandong. The market is dominated by low quality and low price products.
• China produces about 600-650 varieties of dyes which is able to meet most of the domestic market demand.
• China dye industry has an oligopolistic competitive structure with Zhejiang Longsheng Group, Zhejiang Runtu Group, Zhejiang Jihua Group and Jiangsu Yabang Dyestuff Co, Ltd, dominating the market.

China dyes market revenue is expected to increase on the back of growing end-user demand including textiles, leather, printing inks, paper, and others. As the government introduced various environmental regulations, the smaller manufacturers are expected to shut down due to the increased operating cost. This will allow the leading players who are able to adopt green methods of production to expand their geographic presence, and introduce new environment friendly dyes in order to capture a larger share in the overall market revenues. Further, this will lead the market towards consolidation.

The market will witness new technology trends in manufacturing process and product variants. Development of organic dyes and high-performance bio-based pigments will lead the market to shift from low end products to manufacturing high quality, environment friendly products. Major process technology include catalytic technology, sulfur trioxide sulfonation technology, continuous nitration technology, thermal insulation nitration technology, directional chlorination technology, combination efficiency technology, solvent reaction technology, recycling technology, substitution of phosgene and other highly toxic materials. The market will witness the evolution of high performance dyes whose production involve low emissions of volatile organic compounds (VOCs).

With increasing competition between international players and domestic firms in China, the dyes market is anticipated to witness more strategic alliances, mergers and joint ventures/acquisitions in near future.

Growth of high performance dyes, and inclining demand from developed countries coupled with adoption of environment friendly manufacturing process will propel the market revenue in forthcoming years.

Product Covered:

Reactive Dyes – Mild Exhaust, Highly Exhaust, Cold Dyes and Other Reactive dyes;

Disperse Dyes – Anthraquinone Dyes, Azo Disperse Dyes;

Acid dyes – Strong, Weak and Neutral Acid Dyes;

Direct Dyes

VAT Dyes -Based on Indigo Derivatives, Based on Anthraquinone Derivatives

Sulphur Dyes

Cationic Dyes

Azoic Dyes

By Application: Textiles, Leather, Paper, Printing Inks and Others), By Export and Domestic Sales

Companies Covered: Zhejiang Longsheng Group, Zhejiang Runtu Group, Jiangsu Jinji Group, Shanghai Anoky Group, Zhejiang Jihua Group, Jiangsu Yabang Dyestuff Co Ltd

For More Information, Refer to the Link below:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/china-dyes-market/151501-101.html

Related Reports:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-dyes-market/149540-101.html

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-organic-pigment-market/149670-101.html

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Ankur Gupta, Head Marketing & Communications
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