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Global Acid Dyes Market is Projected to Reach 643.1 Million USD by 2024

Author: QYResearch | Publish date: 2018-07-13 | Views: 30
Acid dyes are water-soluble anionic dyes that are applied to fibers such as silk, wool, nylon and modified acrylic fibers using neutral to acid dye baths. Attachment to the fiber is attributed, at least partly, to salt formation between anionic groups in the dyes and cationic groups in the fiber. Acid dyes are not substantive to cellulosic fibers. The Acid Dyes industry was 497.2 Million USD in 2017 and is projected to reach 643.1 Million USD by 2024, at a CAGR (Compounded Annual Growth Rate) of 3.74% between 2017 and 2024. The market would keep warming back due to the tight supply in China.

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Leading suppliers cover: LonSen, Huntsman, Atul, BEZEMA, Runtu, Shengyu Chemical, Yabang and Xuzhou Kedah Fine Chemicals. Price of acid dyes is influenced by raw materials and policy deeply. In the years of 2013 and 2014, impacted by the raw materials’ price surging, the price of dyes also soared. Then price fell down quickly in the year of 2015, keeping consistent with raw materials’ price fluctuations. However, stepping into the year of 2017, especially in the third quarter of year, due to the environmental and pollution issues, the supply of dyes is unsteady since some manufacturers have ceased production, prices of dyes roared again, although demand from downstream industry has no obvious increasing. Dyes manufacturers should pay close attention to the dye raw material market as well as the national policy.


The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.


The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins.


The Global Acid Dyes Market Research Report 2018 report released by QYResearch provides a basic overview of the Acid Dyes industry, including definition, classification, application and industrial chain structure. Discuss development policies and plans as well as manufacturing processes and cost structures.


The report then focuses on major industry players in Global, including company profiles, product images and specifications, sales, market share, and contact information. More importantly, the Acid Dyes industry development trends and marketing channels were analyzed. Providing the main statistical data on the current status of the industry is a valuable guide and direction for companies and individuals interested in the market.


Click to view the full report TOC, figure and tables

https://www.qyresearch.com/index/detail/120884/global-acid-dyes-sales-market

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