Market Overview

Reactive Dyes Market is growing at a rapid pace, mainly due to the reprised applications of these dyes in fabric and paper industries. Apart from textiles, reactive dyes are highly utilized in the paper packaging industry, followed by printing paper and newsprint industry. Growth in the industries such as paper, textile, wood, and leather escalate the market on the global platform.

Acknowledging the impressive growth, the market perceives currently, Market Research Future (MRFR) in its recently published study report asserts that the global reactive dyes market is poised to witness exponential accruals by 2023, registering a considerable CAGR during the forecast period (2016-2023). The growing demand in textile industry propels the market growth.

Additional factors that are bolstering the growth of the market include the rapid increase in the population, urbanization, and industrialization across the world. The improving economic conditions, worldwide that is increasing the purchasing power of the people are fostering the growth of the market, increasing the sales in the textiles and other industries.

Conversely, factors such as the stringent environmental regulations for synthetic based reactive dyes can impede the growth of the market over the forecasted period. Reactive dyes are mainly used in fabrics silk, nylon, cotton, and wool; hence, any fluctuation in the market of these industries will directly impact on the reactive dyes market.

Key players of the Global Reactive Dyes Market

Huntsman International LLC. (US), BASF SE (Germany), NIPPON KAYAKU CO. LTD. (Japan), Sumika Chemtex Co., Ltd. (Japan), Archroma (Switzerland), Colourtex (India), Kiri Industries Ltd. (India), IM Dye Chem (India), Roop dyes and Intermediates (India)

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Reactive Dyes Market Competitive Analysis

Highly competitive, the reactive dyes market appears to be fragmented characterized by the presence of several major players. Well-established players incorporate strategic initiatives such as partnership, acquisition, collaboration, product/technology, and expansion, to maintain their market positions by gaining a competitive edge. Strategic partnerships support the growth and expansion plans of the partnering players. Competing on pricing, product launch, and reputation, manufacturers target expansions in various location and regions.

Global Reactive Dyes Market Segmentation

For a better understanding, the report has been segmented into four key dynamics:

By Type : Reactive Hot Dyes, Reactive Cold Dyes, Reactive Highly Exhaust (HE) Dyes, and Reactive Mild Exhaust (ME) Dyes, among others (reactive 'M' dyes, reactive 'P' dyes, etc.).

By Function: Monochlorotriazine, Vinyl Sulphone, and Bi-Functional among others.

By Application : Cotton, Paper, Nylon, and Leather among others (wood, etc.)

By Region: Asia Pacific, Europe, North America, and Rest-of-the-world.

Global Reactive Dyes Market Regional Analysis

The Asia Pacific region accounts for the significant share in the global reactive dyes market, witnessing the augmenting demand from the various industries such as textile, leather, and paper, especially in China and India. Due to the growing reactive dyes markets in China, India, Indonesia, and Japan, the region is projected to continue to dominate the global market throughout the forecast period.

The increasing demand for reactive dyes from the textile industry in the region is continuously growing, and China and India are considered as top players. China is estimated to carve the largest share in the regional reactive dyes market, compared to other countries of the region. Whereas, India takes the lead in the manufacturing of reactive dyes due to convenience raw materials in the country.

Moreover, the paper packaging industry, second largest end-user of reactive dyes increases the market revenue followed by the printing paper and newsprint industry in countries such as China, Indonesia, Japan, and India.

The reactive dyes market in the European region holds the second position, globally. The regional market is primarily driven by the rising demand from the paper industry in the countries such as Spain, France, the UK, Germany, Italy, Nordic countries, Netherlands, Belgium, and Luxembourg.

North America reactive dyes market accounts for a promising market, globally. Factors such as the significant demand from the textile, paper, and leather industry drive the regional market. The US, Canada, and the United Mexican States lead the demand for reactive dyes in this region.

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Industry/ Innovation/ Related News:

May 13, 2019 --- Dystar (Singapore), a leading dyestuff & chemical manufacturer and solution provider of high-quality water-based inks for digital printing, and a new generation of the renowned Jettex reactive, acid, disperse, and vat ink ranges, announced that it would be presenting its eco-friendly innovations at ITMA 2019, the leading textile and garment technology exhibition to be held from June 20-26, 2019, in Spain.

Alongside the Cadira modules, DyStar will be presenting Dianix, the solution for the high wet-fast textiles, and Remazol, the reactive dyes with advanced fastness properties.

June 03, 2019 ---- Xeros Technology Group (the UK), a University of Leeds spin-out, commercializes the technologies used in the washing and dry-cleaning industries announced the signing of a Joint Development Agreement (JDA) with the world's largest apparel maker to trial the use of its technologies in garment production.

Xeros has developed a patented system, utilizing a unique method of special polymer beads rather than the usual large amounts of fresh water to clean clothes. The AIM-listed firm is targeting commercial laundry and domestic laundry as well as the tanning industry and textile manufacturing.

Xeros has also applied its technology to garment finishing, allowing simple and inexpensive changes to be made to existing machine designs. Incorporating the Xeros technology would help the fabric industry, where each year, four million tons of cotton is treated with 80,000 tons of reactive dyes, to save immense amounts of water and chemicals.