Paper Dyes Market is expected to witness a significant growth by 2023 with CAGR of ~ 6.0 %

Paper Dyes Market Highlights

The global paper dye market, by geography, has been segmented into North America, Europe, APAC, Middle East, and South Africa region. In the global paper dye market, Asia Pacific is expected to witness relatively faster growth as compared with other regions.

Within Asia Pacific, use of paper in packaging industry add the faster share growth of revenue followed by growth in printing paper and newsprint industry in countries such as China, Japan, Indonesia, and India. Furthermore, many paper packaging industry are coming up in the region adding to the growth of the segment. In this region, some new opportunities are driving new applications such as carbonless papers and thermal papers, eco-friendly dyes are considered as other driving factors in which dyes are free of harmful amines, biodegradable, free of heavy metals, and also certified from ETAD (Ecological and Toxicological Association of dyestuff). Furthermore, printing paper, packaging paper industry can be applicable in as, corrugated cases, packaging cartons, folding boxes and other products such as sacks, bags, etc. Packaging papers were the largest paper product segment in 2016 and accounted for over 40% share of the total market. Due to increasing demand in retail packaging, corrugated cases segment is likely to gain highest growth rate of paper dye market over the forecast period.

Furthermore, in Europe region, holds second position of global paper dye market due to rising demand of tissues industry, including the countries Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg.

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In addition, North America region holds third position for paper dye market including the countries namely, Canada, Mexico, and US due to increasing paper industry thorough different applications such as printing & writing paper, coated paper, packaging & board, newsprint, and others. Paper dye market in Middle East and Africa occupies a relatively smaller pie of the global paper dye market. Within Middle East and Africa counties including UAE, South Africa and Saudi are driving the growth.

Key players profiled in the global paper dyes market include BASF SE (Germany), Kemira (Europe), Chromatech Incorporated (US), Clariant International Ltd. (Switzerland), Bodal Chemicals (India), Orion Colorchem Industries (India), Setaş Color Center (Turkey), Krishna Industries (India), Kolor Jet Chemical Pvt. Ltd (India), Dynasty Chemicals (Ningbo) Co., Ltd (China), and Others.

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