Organic Dyes Market size is anticipated to observe considerable growth over 2023-2032, owing to rising demand for eco-friendly products globally. Growing concerns about sustainability have encouraged many textile companies to turn towards organically sourced dyes.
Besides the textile sector, natural dyes are also used for imparting colors to cosmetics, foods, and others. Moreover, water-based organic dyes help deliver excellent quality pigments for the paper and pulp industry.
Organic dyes market share from the sulphur segment is slated to observe considerable revenue gains by 2032. These dyes are extensively used for pigmenting cellulosic materials or blends of cellulosic fibers with synthetic fibers in the textile industry. They have low water solubility and are easy as well as cost-effective to manufacture. Growing textile industry is expected to proliferate the demand for organic sulphur dyes.
Organic dyes industry growth from the textile segment is poised to accrue notable revenue by 2032. Rising adoption of natural dyes in textile industry owing to growing concerns about pollution from chemical alternatives is supplementing segment growth. Many clothing, apparel, and clothing firms are shifting their product portfolio towards natural and recycled ingredients.
North America organic dyes market is expected to observe a notable CAGR over 2023 and 2032, owing to strong presence of major end-users of organic dyes across food and beverages, textile, and other sectors. The region is also home to many sustainable clothing brands, which are paving the way for regional expansion. Rising awareness among industry players about the consumer sentiment for eco-friendly products is shifting investments towards organic dye-infused products.
Some leading organic dyes industry players are DIC Corp., BASF SE, Huntsman International LLC (Huntsman Corporation), Cathay Pigments Inc., Clariant International Ltd. (Clariant AG), and Rockwood Holdings (Albemarle Corporation), among others. Growing focus of these firms on maximizing their market share by foraying into new regions through partnerships is outlining the competitive scenario. Citing an instance, in March 2023, BTC Europe, the European distribution organization of BASF SE, entered into an agreement with Sudarshan Chemical Industries, an Indian chemical manufacturer for the distribution of organic, effect, and inorganic pigments in Europe.
The Russia-Ukraine war had a negative impact on organic dyes industry due to disruptions in global supply chains. The conflict has severely hindered operations in the region’s textile sector, which is a major end-user industry for organic dyes. The raw material shortage birthed by disrupted trade has also led to a halt in production of these dyes. As more governments across the globe work towards ending the war, the industry is likely to make a quick return to normalcy post-war.