COVID-19 Analysis on Paper Dye Market Size 2020- Trends and Inclinations, Along with The Future
Market Analysis
The paper dyes market is anticipated to grow at a notable CAGR
between 2017- 2023, according to the recent Market Research Future (MRFR)
report. Paper dyes, simply put, are specialty chemicals which are utilized in
paper manufacturing industries for different purposes as this displays
excellent properties such as stability to temperature, reasonable pricing,
right shade, light fastness, bleed fastness, good affinity, and others. Basic
dye, acid dye, sulfur dye, and direct dye are the different types of paper dyes
that are widely used in packaging and boards, printing and writing, coating,
and others.
Various factors are adding to the global paper dyes market
share. These factors, as per the new MRFR report, include demand for
environmentally sustainable dyes, development of advanced printing
technologies, changing consumer preference, increasing production of pulp &
paper industry, and increasing use of paper dyes in different applications such
as tissues, packaging, and printing. Additional factors adding market growth
include easy accessibility of raw materials, robust industrialization,
increasing use of tissue papers across industrial and urban regions, growing
paper manufacturing industry, and rapid technological developments.
On the contrary, strict government regulations to manufacture
dyes, water pollution, transformation in communication media, and
digitalization growth are factors that may limit the paper dyes market growth
over the forecast period.
Market Segmentation
The MRFR report provides an inclusive segmental analysis of the
global paper dyes market based on type, form, & application.
Based on type, the global paper dyes market is segmented into
the basic dye, acid dye, sulfur dye, and direct dye. Of these, the sulfur dye
segment will lead the market over the forecast period.
Based on form, the paper dyes market has been segmented into
powder dye and liquid dye. Of these, the liquid dye segment will dominate the
market over the forecast period.
By application, the global paper dyes market is segmented into
packaging and boards, printing and writing, coating, and others. Of these, the
printing and writing segment will have a major share in the market over the
forecast period.
Regional Analysis
Based on the region, the global paper dyes market covers the
recent trends and growth opportunities across Europe, North America, the Asia
Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these,
the APAC region will command the largest share in the market over the forecast
period for the high penetration of end user industries, rising population, and
growing economies. China is the chief contributor in the region as it is the
largest exporter, manufacturer, and consumer of paper dyes. Besides, increasing
demand for writing activities, printing, and paper coating in China is also
adding market growth.
The paper dyes market in North America is predicted to have
healthy growth over the forecast period. Factors boosting the market growth
include an increasing number of advertisement companies in this region,
advances in technology, and key players laying emphasis on novel technological
developments for supporting market growth.
The paper dyes market in Europe is predicted to have a
remarkable growth over the forecast period. Factors boosting the market growth
include stringent government regulations, increasing production of paper
industries, increasing industrial growth, and the need for eco-friendly paper
dyes.
The paper dyes market in Latin America and the MEA is predicted to
have moderate growth over the forecast period for increasing investments made
by international companies in paper dyes projects. The UAE, South Africa,
Argentina, and Brazil governments are promoting the use of technology across
different industries that are also boosting the market growth.
Key Players
Notable players profiled in the paper dyes market report include
Atul Ltd, DyStar Group, Archroma, Chromatec Inc., Kemira, and BASF SE, among
others.
Access Full Report @ https://www.marketresearchfuture.com/reports/paper-dyes-market-3108
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