Solvent Dyes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Metal Complex- Solvent Dyes, Oil Soluble Dyes, Water Soluble Dyes, and Other), By Packaging (Bottle, Bulk, and Tetra packaging), By Application (Ink, Plastics, Fuel & Lubricants, Coatings & Paints, and Others), By Region and Competition

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format

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Solvent Dyes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Metal Complex- Solvent Dyes, Oil Soluble Dyes, Water Soluble Dyes, and Other), By Packaging (Bottle, Bulk, and Tetra packaging), By Application (Ink, Plastics, Fuel & Lubricants, Coatings & Paints, and Others), By Region and Competition

Global Solvent Dyes Market is anticipated to increase significantly through 2028. Solvent dye is a soluble organic solvent that is primarily utilized to add color to various products, such as plastics, waxes, and solvents. End user widely demands solvent dyes to use with plastics, fuel & lubricants, coatings & paints, and others. Due to their properties, solvent dyes are appropriate for dyeing manufactured fibers, primarily polyester, nylon, and acetate. The suitable diffusion characteristic of solvent dyes resulting in significantly slower color fades properties.

Solvent dyes reveal excellent superiority and uniformity of color over different products when applied with organic solvents. Owing to excellent thermal resistance, thermal stability, and diffusion over substitutes, it is used in end-user industries for various purposes in color masterbatches, wood stains, imitation, metalized polyester films, and printing inks. Apart from these, used in gasoline, diesel fuel, and other hydrocarbon products to provide a color like gasoline green and solvent dyes yellow for easy classification of different fuel grades and accordance with lawful requirements.

Growing Demand from Industries to Provide Shades in Plastic Products

Solvent dyes exhibit excellent vibrancy and quality in a broad range of plastic applications and have exceptional physical properties that impact colorant performance. Solvent dyes can be used in various applications, such as PVC, optical lenses, acrylic, plastic filaments and sheets, nylon, polyester resins, polyamide, polypropylene, polycarbonate, and ABS. Solvent dyes are highly soluble, which are demonstrated in engineering plastics as an outcome, providing superior transparent shade, making solvent dyes the desired dyes for car and signal-lights over pigment..

Rising Demand from Automotive Industry

Automobiles is an industry that has experienced continuous growth in the past decade and have now become a trillion-dollar market. Growing awareness about electric cars and rising demand for automobiles from rising economies are expected to propel the demand for automobiles and related products. Polypropylene, polyvinyl chloride, ABS, Nylon 6/6, polycarbonate, and polyethylene are the commonly used plastic for producing automotive parts such as dashboards, wheel covers, weatherproofing coatings, car bumpers, and other applications. All the above polymers require solvent dyes to provide diverse colors and sharp textures. Therefore, the rising demand for automobiles is expected to influence solvent dyes market growth in the forecasted period directly.

Thrusting Demand from Emerging Economies

Countries like Brazil, China, India, Vietnam, Bangladesh, and others, due to rising demand for the related product and their manufacturing activities, are propelling the product demand. Apart from these, the firms' ongoing innovation to enhance product properties and efforts to acquire new market share and gain profitability through acquisition and merger is expected to create a lucrative market in the anticipated period.

Recent Development

In July 2022, LANXESS AG acquired the microbial control business unit of the U.S. group International Flavors & Fragrances Inc. for USD 1.3 billion. Through the acquisition, LANXESS AG has expanded its marketplace and become the largest microbial control and biocidal product supplier worldwide.


MIR Segment1

Market Segmentation

Global Solvent Dyes Market is segmented based on

Market Players

LANXESS AG, Kunshan Organic Chemical Factory, Megha International, Kolorjet Chemicals Pvt Ltd., Nantong Saint Colorchem Co., Ltd., Tianjin Shenyuan Chemical Co., Ltd, Hangzhou Epsilon Chemical Co., Ltd, Hangzhou Sunny Chemical Co., Ltd., Winchem Industrial Co., Ltd, Nitin Dye Chem Pvt. Ltd., among others

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in million tons and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Type

Packaging

Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; Germany; France; United Kingdom; Spain; Italy; China; India; Japan; Australia; Malaysia; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; Qatar; Egypt.

Key companies profiled

LANXESS AG, Kunshan Organic Chemical Factory, Megha International, Kolorjet Chemicals Pvt Ltd., Nantong Saint Colorchem Co., Ltd., Tianjin Shenyuan Chemical Co., Ltd, Hangzhou Epsilon Chemical Co., Ltd, Hangzhou Sunny Chemical Co., Ltd., Winchem Industrial Co., Ltd, Nitin Dye Chem Pvt. Ltd

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