According to the report, the global paper dyes market was USD 954 million in 2018 and is expected to reach around USD 1,230 million by 2025, at a CAGR of 3.7% between 2019 and 2025.
New York, NY, July 11, 2019 -- Zion Market Research has published a new report titled “Paper Dyes Market by Type (Sulfur Dyes, Direct Dyes, Basic Dyes, and Acid Dyes), by Type (Powder and Liquid), and by Application (Packaging & Board, Coated Paper, Writing & Printing, Tissues, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global paper dyes market was USD 954 million in 2018 and is expected to reach around USD 1,230 million by 2025, at a CAGR of 3.7% between 2019 and 2025.
The paper dyes are manufactured by raw materials, such as dye intermediate and basic chemicals. Paper dyes have a wide range of applications, such as alternative coated paper, packaging and board, tissues, writing, and printing, etc. Rapid developments witnessed in technology, easy availability of raw materials, flourishing paper manufacturing industry, and rising use of tissue papers across urban and industrial regions are some prime growth factors fueling the global paper dyes market. Additionally, robust industrialization and easy availability of raw materials are expected to further increase the demand for paper dyes over the years to come. However, stringent government regulations in the manufacturing of dyes may act as a restraining factor for the global paper dyes market development. The paper dyes manufacturers are focusing more on producing environmentally sustainable dyes, which is likely to create new growth opportunities for the major players operating in the market for paper dyes.
Browse through 105 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Paper Dyes Market: Industry Type, Size, Share, Applications, Demand, Growth, Analysis and Forecast, 2018–2025”.
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By type, the global paper dyes market includes direct dyes, sulfur dyes, acid dyes, and basic dyes. The basic dyes segment is anticipated to register the highest CAGR of the global paper dyes market within the forecast period. By form, the global paper dyes market is segmented into powder and liquid forms. In 2018, the liquid form segment was the fastest growing in the global market for paper dyes. By application, the global paper dyes market includes coated paper, packaging and board, tissues, writing and printing, and others. The packaging and board segment was the most profitable in 2018 in the global market and is anticipated to register the highest CAGR in the upcoming years.
The Asia Pacific region dominated the global paper dyes market and held a significant share in 2018. This regional dominance can be attributed to a huge population base, rising focus on hygiene, and improving standards of living. China, India, and Japan are rapidly growing countries in the Asia Pacific paper dyes market, due to the growing number of paper manufacturing industries. In the Asia-Pacific region, China and India have rapid industrialization and swift industrialization rates. In 2018, China was the major market for paper dyes and is expected to continue its dominance in the future as well. The easy availability of raw materials, revitalized industrial sector, and a large-scale paper dyes production capacity are backing the Chinese market. The rising domestic paper dyes demand and the easy access to resources has enabled the Asia Pacific to emerge as one of the leading producers as well as consumers of paper dyes globally.
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Europe held the second largest share of the paper dyes market globally in 2018. This can be due to the growing demand for environment-friendly paper dyes, increasing industrial growth, rising production of the paper industry, and stringent government regulations.
North America is expected to witness sustainable growth in the global paper dyes market over the forecast time period. The U.S. was a major contributor to the paper dyes market product growth in 2018. North American countries (the U.S., Canada, and Mexico) are observing a rise in the paper dyes demand for several applications, which is estimated to further benefit the regional market.
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Latin America and the Middle East and Africa are projected to experience moderate growth in the paper dyes market over the forecast time period, owing to the significant investments made by the international companies for paper dyes projects in these regions. Brazil, Argentina, South Africa, and the UAE governments are promoting technology usage across various industries, which will also drive the paper dyes market in these regions over the forthcoming years.
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Some major players of the global paper dyes market are BASF, DyStar, Archroma, Synthesia, Atul, Thermax, Axyntis Group, KEMIRA OYJ, Organic Dyes and Pigments, Keystone Aniline, Vipul Organics, Cromatos, and Standard Colors.
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This report segments the global paper dyes market into
Global Paper Dyes Market: Type Analysis
- Sulfur Dyes
- Direct Dyes
- Basic Dyes
- Acid Dyes
Global Paper Dyes Market: Form Analysis
Global Paper Dyes Market: Application Analysis
- Packaging and Board
- Coated Paper
- Writing and Printing
Global Paper Dyes Market: Regional Analysis
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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Source: Zion Market Research