Global Dyes Market Poised for Strong Growth, Projected to Reach USD 45.10 Billion by 2028

Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The "Dyes Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028" report has been added to's offering.

The global Dyes Market, valued at USD 35.70 billion in 2022, is expected to witness robust growth with a projected Compound Annual Growth Rate (CAGR) of 4.09% through 2028, reaching an estimated value of USD 45.10 billion by 2028.

Key Market Drivers:

Growing Demand in Packaging and Plastics Industry:

  • Dyes are essential in the packaging and plastics sector for creating captivating visual identities, customized packaging, and eco-friendly materials.
  • The shift toward sustainable packaging materials drives the use of dyes for coloring eco-friendly substrates while maintaining their environmental credentials.
  • Dyes enhance the appearance and functionality of plastic products across various industries.

Increasing Demand in Cosmetics and Personal Care Industry:

  • Dyes play a pivotal role in cosmetics and personal care products, enabling manufacturers to cater to diverse preferences and skin tones.
  • They contribute to distinct product colors and packaging designs, bolstering branding and consumer recognition.
  • The demand for natural and plant-based dyes aligns with the sustainability trend, offering added benefits like UV-blocking properties.

Growing Demand in Infrastructure and Construction Projects:

  • Dyes are crucial for adding color and vibrancy to construction materials, influencing design choices and end-user preferences.
  • Architects and designers utilize dyes to create distinctive structures that align with modern aesthetics.
  • Dyes are employed in infrastructure projects to reflect cultural nuances, local identities, or branding preferences.

Key Market Challenges:

Fluctuations in Raw Material Prices:

  • Dynamic fluctuations in raw material prices can disrupt supply chains, causing production delays and inventory management challenges.
  • Price volatilities introduce uncertainties in end-product pricing and consumer behavior.

Rise in Water Pollution:

  • Dyes containing toxic chemicals and heavy metals can contribute to water pollution, impacting aquatic life and ecosystems.
  • Non-biodegradable dyes may persist in the environment, affecting aquatic and terrestrial ecosystems.

Health and Safety Concerns:

  • Chemical compounds in dyes can pose potential health risks to workers and consumers.
  • Proper protective measures, including equipment, ventilation, and labeling, are necessary to mitigate these risks.

Key Market Trends:

Sustainable and Eco-Friendly Solutions:

  • The dyes market is shifting towards sustainable solutions, including natural and plant-based dyes, waterless dyeing technologies, and microbial fermentation for dye production.
  • Recycling and upcycling waste materials for dye production contribute to a circular economy.

Key Market Players

  • Biome Bioplastics Limited
  • Arkema S.A.
  • BIOTEC biologische Naturverpackungen GmbH & Co
  • NatureWorks LLC
  • Novamont S.p.A.
  • TotalEnergies Corbion
  • Toray Industries, Inc.
  • Mitsubishi Chemical Holdings Corporation
  • Plantic Technologies Ltd

Report Scope:

In this report, the Global Dyes Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Dyes Market, By Type:

  • Reactive Dye
  • Disperse Dye
  • Sulfur Dye
  • Vat Dye
  • Acid Dye
  • Others

Dyes Market, By Source:

  • Paints & Coatings
  • Textile
  • Printing Inks
  • Plastics
  • Others

Global Dyes Market, By region:

  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • South Korea
  • Australia
  • Japan
  • Europe
  • Germany
  • France
  • United Kingdom
  • Spain
  • Italy
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Key Attributes:

Report AttributeDetails
No. of Pages190
Forecast Period2022 - 2028
Estimated Market Value (USD) in 2022$35.7 Billion
Forecasted Market Value (USD) by 2028$45.1 Billion
Compound Annual Growth Rate4.0%
Regions CoveredGlobal

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Dyes Market

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