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Increasing use of direct dye to propel the Global Paper Dye Market growth at CAGR of 3.02%

Pune, India, August 22, 2017, /MRFR Press Release/- Market Research Future Published a Half-Cooked Research Report on Paper Dye Market.

 

Market Research Future will be publishing a Cooked Research Report on Global Paper Dye Market that contains the information from 2022 to 2030. Paper Dye Market is expected to grow with the CAGR 3.02 % during forecast period of 2022 to 2030.

 

Market Research Future (MRFR) recognizes the following companies as the key players in the Global Paper Dye Market that includes BASF SE, Kemira, Chromatec Inc., Archroma, DyStar Group, Atul Ltd. and others.

 

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:


Global Paper Dye Market has been segmented into: Type, Form and Application. On the basis of type, the market has been divided into direct dye, sulphur dye, basic dye and acid dye. Based on the form, the market is segmented as liquid form and powder form. On the basis of Application, the market is segmented in to coating, printing & writing, packaging & boards and others.

 

The consumption of paper dye as a Basic Dye accounts for the largest market share in the global market, owing to its inherent properties such as affinity for cellulose fiber, good light fastness among others. The segmental growth of direct dye can be attributed to various factors such as the surge in demand from the coating sector, surge in printing sector, and increasing prevalence of applications in packaging & boards among others. Moreover, others types of dyes like sulphur, acid and basic dye are used in lesser quantity due to its lesser affinity towards the cellulose fibres. Additionally, Paper Dye is utilized in various niche sectors. It is commonly utilized as coating to increasing the life of the product. Paper dye in liquid form is commonly in comparison to powder form.

 

The coating application is one of the major consumer of paper dye, coating market is valued at approximately USD 367.6 million in 2016; growing highest across all the applications of paper dye during forecast period. Due to increasing focus on printing paper among consumers the printing & writing is the second largest market for the paper dye. The packaging & boards segment is the third largest consumer of Paper Dye, the segment accounted more than one tenth of the Global Market share.

 

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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