Market Highlights:
Commenting on this report, an analyst from Market Research Future (MRFR)’s team said, “Global Paper Dye Market” is estimated to be valued at USD 824.3 million in 2016 and expected to grow at highest CAGR during the forecast period. By type, Direct Dye accounted for the largest market share in 2016, projected to grow highest during the forecast period. Direct dye segment is followed by sulphur dye, acid dye and basic dye. The properties of Paper Dye such as, affinity for cellulose fiber, good light fastness, ability to fix on fiber using fixing agent, tendency to mottle for dye in the end use applications is expected to stimulate the demand for direct dye and paper dye segment. In terms of volume, Direct Dye is leading the market in 2016 and expected to grow at a CAGR of 3.22% during the forecast period in Asia Pacific region. Europe is the second largest consumer of paper dye followed by North America.
Segment Analysis:
Regional Analysis:
Geographically, the Global Paper Dye Market is segmented into Asia Pacific, North America, Europe, Latin America and Middle East & Africa. As per MRFR analysis, Asia Pacific dominated the paper dye market, accounted for the largest share of the market in 2016, and expected to grow at CAGR of 3.12%. Asia Pacific market is followed by Europe, accounted second largest the market share in 2016. In addition to this, North America is the third largest consumer of paper dye, accounted the significant market share of 21% in 2016. Country wise, China accounted the largest market in terms of value and volume, followed by US. China’s market is projected to reach USD 157.0 Million by 2030. India accounted second largest market in terms of value and volume in Asia-Pacific region.
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Companies Covered | 15 |
Pages | 112 |
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