Textile Dyes Market Size Estimated to Reach $14.8 Billion by 2027

Textile Dyes Market
Owing to the High Demand of Clothing, Apparel and High Interest for Textiles, Garments From a Growing Population Driving the Growth of Textile Dyes Market.

Textile Dyes Market size is estimated to reach US$14.8 billion by 2027 after growing at a CAGR of 5.4% from 2022 to 2027. Textile dyes are the colorants that when added to fabric gives it a color that stays there permanently through repeated use. Fabrics like polyester, wool, silk, nylon, cotton, acrylic etc., are colored through the use of dyes. As dyes absorb and reflect light so they provide a sense of color and beauty to the fabric. An increase in consumer demand for different & aspiring clothing patterns, investments by textile dye companies in APAC and rapid urbanization are acting as drivers for the textile dyes market. However, textile dyes are highly soluble and do high damage to water bodies, like preventing light penetration through water, affecting water oxygen level and also releasing untreated effluents in water leads to high chemical oxygen demand. Moreover, water and air pollution caused by textile dyes lead to health problems like oxidative stress, damage to the lungs, liver and also cancer. Hence all these factors are expected to negatively impact the textile dyes industry.

COVID-19 Impact

The COVID pandemic has negatively impacted the global textile market as manufacturing activities of clothing and apparel was halted due to the lockdown and other restrictions imposed by the governments of countries. This caused a decrease in the production of clothing and apparel which led to a decrease in sales of clothing items as there were fewer options in the market. For instance, as per Eurostat the production and retail sales in Q3 of 2020 for EU countries dropped by 15% & 9.4% for clothing and 7% & 9.7% for textiles, mostly due to decreased interest to buy clothes by people. As dyes are used to add color to fabrics, so due to less production of clothing & apparel, the demand for dyes went down in the textile industry. Besides this, the economic disruption caused by the pandemic has created pressure on brands and mills to provide better value products, which has put textile dyes companies under more pressure as they are struggling to deliver effective dye solutions that would help these brands to differentiate and win market share, and would enable mills to upgrade their productivity.

Textile Dyes Market Segment Analysis – By Product Type

Reactive dyes held the largest share in the textile dyes market in 2021, with a share of over 30%. Reactive dyes have rich color fastness properties, gives a variety of shades, are cost-effective, have quick-drying properties and require single finish washing. These dyes are widely used in fibers like cotton, silk, nylon, wool and linen. They are also used for footwear, finished leather, accessories etc. As per World Footwear Report, in 2020 the global footwear production stood at 24.3 billion pairs, with China being the largest producer followed by India, Vietnam, Indonesia. And Asia had the largest share in global footwear consumption i.e., 55.8%. With the increasing demand for innovative footwear patterns in Asia, the demand for textile dyes such as low impact reactive dyes which are used in uppers in leather shows will also increase.

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Textile Dyes Market Segment Analysis – By Fiber Type

Polyester fiber held the largest share in the textile dyes market in 2021, with a share of around 35%. This is attributed to its various properties like strong & lightweight, easy to dry, high durability, restrain from shrinking, stretching, wrinkling and abrasions. Polyester is most commonly used in sportswear, fashion, footwear, bedding such as sheets, duvet covers, sleeping bags etc. As per the report of Textile Exchange, polyester was the most used fiber in 2020 accounting for 52% of the global fiber market and with a production volume of 52 million tones and the market share of recycled polyester increased from 13.7% in 2019 to 14.7% in 2020 with a production capacity of 8.4 million tones. 

Textile Dyes Market Segment Analysis – By Application

Clothing and Apparel held the largest share in the textile dyes market in 2021, with a share of over 45%. Due to rapid urbanization, the evolving trend in the apparel industry like the rising of e-commerce channels such as Rent and Runway, thredUP etc., providing products made by sustainable material such as recycled polyester, the boom in athleisure and shift towards size-inclusive fashion.  Hence such trends have led to the development in clothing pattern of people and more utilization of apparels. For instance, as per the National Development and Reform Commission domestic retail sales of apparel and knitwear in China stood at 172.4 billion in 2019 and online garment sales expanded with 16.5% yearly growth. As per the Ministry of Textiles, total cloth production in India was increased by 9% during April-Jan 2020, and cloth production in the decentralized sector was increased by 9% in 2020. 

Textile Dyes Market Segment Analysis – By Method

Exhaust Dyeing held the largest share in the textile dyes market in 2021 with a share of around 50% and is the most popular and common method used for dyeing textile material. This process is most suitable for commercial fabric dyeing and can move molecules from solution to fabric fibers. It consists of three machines i.e., jigger dyeing machine, jet dyeing machine, winch dyeing, machine. The first type is where there is the circulation of fabrics, the second is where dye bath gets circulated and material that is being dyed remained stationary and the third is where both, bath and material to be dyed are circulated. As jigger dyeing is simple to use hence it is more in demand. As per the International Textile Machinery Shipment Statistics that is prepared by International Textile Manufacturers Federation, the worldwide shipment of jiggers dyeing machines rose by 35% to 561 units in 2019.

Textile Dyes Market Segment Analysis – By Geography

Asia-pacific held the largest share in the textile dyes market in 2021 and is expected to grow at a CAGR of over 6%. This region consists of multiple economies like China, Japan, Indonesia, Vietnam, India etc. which has a different level of economic development. For instance, as per World Bank April 2021 Economic Update East Asia and Pacific report, China and Vietnam are expected to grow by 8.1% and 6.6% in 2021 while the rest of the region will grow at an average of 4.4%. Also, the countries in the Asia-pacific region are the areas where most of the clothing & apparel items are manufactured and exported to different nations. For instance, as per the 2021 report of the United States, Fashion Industry Association (USFIA) the major apparel sourcing destination in 2021 were Asia based led by China (93 %), Vietnam (87%), India (77%), and Bangladesh (73%). 

Textile Dyes Market Drivers

Increase in Investments in APAC countries by Textile Dyes Companies

APAC holds the largest share in the textile dyes market, as it consists of some major producers and exporters of textile dyes, like China is the largest producer of textile dyes and its major company Zhejiang Lonsen Group is the largest dyestuff manufacturer there. Besides China, India also produces a large number of textiles dyes every year. Growth in the APAC region is driven by an increase in population, improvement in the manufacturing sector and economic condition, also it has the biggest textile market. Owing to this, key textile dyes players are expanding their companies in the APAC region, specifically in China and India. For instance, India Brand and Equity Foundation, in May 2021, Indo Count Industries Ltd announced an investment of 26.9 million dollars to expand its production capacity in India. And textile sector including dyed and printing attracted FDI worth US$3.75 billion from April 2000 to March 2021. 

New Technologies used by manufacturers

The textile dye industry consumes water in large quantities, and treatment of textile leads to releasing of harmful pollutants like Sulphur, nitrate, sodium, cadmium etc. which are major causes for water pollution. As toxic agents in the environment, they cross the entire food chain causing health problems like tumors in the bladder, liver, hematopoietic system etc. Also, they cause damage to plants like oxidative stress. Hence to adapt to a new pollution-free and eco-friendly perspective, companies are using new technologies that would help them optimize their value chain, achieve green production and keep track of raw material usage. For instance, in October 2021, Welspun India introduced Wel.Trek 2.0, an end-to-end traceability technology that would track textile raw materials throughout the supply chain. Also, Welspun India collaborated with DuPont Biomaterials to introduce a home textile range that would strengthen the company’s sustainable textile business. England based Alchemie Technology Ltd. is using digital printheads to color fabrics in a different way, Sweden based Imogo Ab, another newcomer in the dyeing industry is using Dye-Max spray dyeing technology to color fabrics. Hence all these new technologies will reduce the cost of production. 

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Textile Dye Market Challenge

Stringent Environmental Regulations

As the dyeing process consumes a lot of water and dyes are highly soluble, so during the dyeing process the number of dyes that enters the waste stream leads to the coloration of natural water bodies, and from causing damage to plant life like deformed growth, oxidative stress to causing health problems for humans like cancer, tumors in the liver and hemopoietic system, textile dying industry has become a big polluting factor. To stop this damage to the environment and human life, various government and environmental agencies have put regulations on the manufacturing of dyes. For instance, China’s environment protection policy led to Yabang shutting down some of its subsidiaries of dyes production. In the EU, REACH’s regulations state that producers or importers of chemicals like azo dyes found in textile products should register this substance with European Chemical Agency (ECHA). If they fail then that substance and the product it is used in shall be turned away from the EU market. As per the rule of the National Emission Standard for Hazardous Air Pollution (NESHAP) dated 7th July 2020, facilities used in printing, coating, dyeing of fabric should fall under Hazardous Air Pollutants (HAP) emission standards reflecting the application of the maximum achievable control technology (MACT). Hence all these regulations and policies have disrupted the manufacturing process of dyes in some places as it had led to the shutdown of some textile dye plants

Competitive Landscape

Companies operating in the textile dyes market to stay competitive are adopting strategies like partnership, merger & acquisition, product launch, etc. Some of the major players in this market are as follows: –

Archroma
Huntsman Corporation
Kiri Industries
Colourtex
Everlight Chemical
Nippon Kayaku
Jay Chemicals
Bodal Chemicals
Sumitomo
Eksoy

Recent Developments

In 2021 Fineotex entered into collaboration with Eurodye-CTC, to commercialize the specialty chemicals for the Indian market. Hence with this collaboration, Fineotex will add to its portfolio specialized pretreatment, dyeing product for cotton, synthetic, woolen fiber with existing Eurodye-CTC Indian operations.

In July 2020, Sun Chemical a subsidiary of DIC corporation acquired 100% shares in Sensient Imaging Technologies. Hence this acquisition will provide Sun Chemical to expand its inkjet ink capabilities for textile and dye sublimation printing.   

Key Takeaways

Asia-Pacific region dominates the textile dyes market, India and China are the top investment countries for the global textile dyes market, owing to the high demand of clothing, apparel and high interest for textiles, garments from a growing population. 

The development of new and efficient processes of textile dying that are eco-friendly, help the enterprise achieve green production and cost reduction is anticipated to create a significant opportunity for the textile dyes market. 

Of all the several industries, the textile industry is the major consumer of dyes, as it alone consumes up to 50% of the total dyes.

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