Chemical

According to a market report by Lucintel, the future of colorants in the global textile chemical market looks promising with opportunities in the apparel, household, technical textiles, automotive, and accessory markets. The global colorant in textile chemical market is expected to reach an estimated $11.3 billion by 2028 with a CAGR of 5% from 2023 to 2028. The major drivers for this market are increasing disposable income and growing demand for fashionable textiles and home décor globally.



 In this market, powder, granules, paste, and liquid are the major product type segments colorants. Lucintel forecasts that liquid will remain the largest product type segment over the forecast period because it is easier to apply as compared to the other form of colorants and can be easily mixed with water to create a uniform color solution that can be evenly distributed over the fabric.

Within this market, apparel is expected to remain the largest application segment due to rapidly changing fashion industry, increasing accessibility to preferable fashion choices, and growing exposure to e-commerce platform.



APAC will remain the largest region due to significantly growing automotive and fashion décor industries and increasing penetration of organized retail in the region.

Huntsman Corporation, DyStar, KRONOS, Kiri Industries, and Allied Industrial Corp are the major suppliers in the global colorants in textile chemical market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global colorants in textile chemical market by product, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Colorants in Textile Chemical Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for colorants in the global textile chemical market by product, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for colorants in the global textile chemical market by product type (powder, granules, paste, and liquid), application (apparel, household, technical textiles, automotive, and accessories), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last five years and what has its impact been on the industry?