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According to a market report by Lucintel, the future of reactive dyes in the global speciality dye and pigment market looks promising with opportunities in the textile, paint & coating, plastic, leather, paper, construction, and printing ink markets. The global speciality dye and pigment market in terms of reactive dyes is expected to reach an estimated $13.8 billion by 2028 with a CAGR of 9% from 2023 to 2028. The major drivers for this market are growing demand from various application industries, such as textiles, paints & coatings, construction, and plastics and increasing preferences for eco-friendly products.



Within this market, textile is expected to remain the largest segment due to significantly growing textile industry, increasing demand from digital printing sector, and rising adoption of eco-friendly textile solutions among consumers. 

APAC will remain the largest region due to increasing demand from the textile industry and shifting of the production facilities from the US and Europe to the Asia Pacific region owing to easy availability of raw materials and low-cost & skilled manpower.



BASF SE, Clariant, DIC Corporation, Huntsman Corporation, Kronos Worldwide, and Tronox Limited are the major suppliers for reactive dyes in the global speciality dye and pigment market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for reactive dyes in the global speciality dye and pigment market by application and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Reactive Dyes in the Global Speciality Dye and Pigment 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 a forecast for reactive dyes in the global speciality dye and pigment market by application and region, as follows:

 


Reactive Dyes in Speciality Dye and Pigment Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:




  • Textile


  • Paints & coatings


  • Plastics


  • Leather


  • Paper


  • Construction


  • Printing ink


  • Others



Reactive Dyes in Speciality Dye and Pigment Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:




  • North America


  • Europe


  • Asia Pacific


  • The Rest of the World



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.

 


About Lucintel



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.

 


This report answers the following 11 key questions:



Q.1. What are some of the most promising, high-growth opportunities for the reactive dyes in speciality dye and pigment market by application (textile, paints & coatings, plastics, leather, paper, construction, printing ink, and others), 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 5 years and what has its impact been on the industry?