Transparency Market Research (TMR) releases a new market study on the global dye intermediates market for the 2017-2025 forecast horizon. The report, titled “Dye Intermediates Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025,” is a valuable instrument for a know-how of vital market indicators that could impact the growth trajectory of the said market between 2017 and 2025. The analysis of the market assessed using standard analytical tools throws light on feasibility and profitability of new ventures over the forecast period. This can be leveraged by new players seeking entry to gauge if prospects of the market are bright in the future.
The report examines this market from a competitive stance wherein each player is profiled for its competitive attributes. This includes Odyssey Organic Pvt. Ltd., Dispo DyeChem Pvt. Ltd., Jiangsu YaBang Dyestuff Co. Ltd., Jay Chemical Indudstries Ltd., and Afine Chemicals Limited.
Rising demand for dye intermediates in the textile industry and widespread use of dye intermediates in printing inks are key factors driving the dye intermediates market. Easy availability of raw materials is anticipated to fuel the demand for dye intermediates in the years ahead.
Lately, penetration of technology in the manufacture of dye intermediates is further propelling the dye intermediates market. Companies are adopting technology-driven processes to enhance productivity and efficiency in the manufacture of dye intermediates. This is furthering the growth of dye intermediates market.
On the downside, however, volatility of raw material prices is projected to inhibit the market’s growth.
By product type, the dye intermediates market could be segmented into beta naphthol, Gamma Acid, CPC Blue, A-Naphthyl Amine, vinyl sulfone, H-Acid, J-Acid, and others. The segment of beta naphthol, among them, is predicted to rise at a significant pace due to widespread demand from expanding textile industry in India and China.
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Based on application, the dye intermediates market could be segmented into plastics, textiles, printing inks, paints, paper, and others. Of them, the textiles segment is predicted to gross maximum revenue due to exponential growth of the apparel industry in emerging economies