Paper Dye Market – Overview
The global paper dye market is expecting a potential growth in the
coming years. The factors that influenced the demand for paper dye are growing
demand in end use application, increasing demand of sophisticated high speed
machines, changing paper demand in office and business environment. The
expansion of infrastructure and changing consumer preferences would create a
new market opportunities for the Paper Dye. To achieve global standards, the
industry needs to put efforts in certain areas so as to get an aggressive
growth and focus on R&D, up-gradation of manufacturing facility, marketing
alliances, contract manufacturing with companies having established markets,
outsourcing, environmental consciousness, cost reduction, and export of
product. Due to good technical expertise and R&D achievements the industry
is likely to see many new dyeing technologies coming in to the market.
There are various factors, trends and opportunities which help the
paper dye market to grow but there are some factors which are against the
market and hampering the growth and development of the industry. The factors
which may hamper the growth of the global paper dye market are water pollution.
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Key Players:
BASF
SE, Kemira, Chromatec Inc., Archroma, DyStar Group, Atul Ltd., among others are
some of the prominent players at the forefront of competition in the Global
Paper Dye Market and are profiled in MRFR Analysis.
Industry/ Innovation/ Related News:
June 2017 – Woven Monkey looks
for expansion with diversification into Epson dye sublimation technology. With
this SureColor F series technology they print onto paper and then heat transfer
the image and the ink is absorbed into the material. The expansion strategy
would fulfil the demand of dyestuff in paper and textile segment.
November 2017 – Bodal
Chemicals receives environmental clearance for expansion of dyes facility. The
company is expanding its dyes & intermediates manufacturing capacity from
2,200 metric tonne per month (MTPM) to 6,000 (MTPM) in Vadodara. With this
expansion company is planning to increase its global market share. Presently,
Bodal Chemicals accounted 6% of the global dye market.
May 2017 – Mac Papers to
Distribute Coldenhove Sublimation Transfer Papers for the Growing Dye
Sublimation Market. The agreement would help the dyestuff market to increase
its annual growth.
May 2017 – Mimaki, a leading
manufacturer of wide-format inkjet printers and cutters in USA, has announced
that it’s signed a distribution agreement with Coldenhove Papier, a premium
supplier of paper products. This agreement would help to boost the dyestuff
market in the North American region.
March 2017 – Clariant, a world
leader in specialty chemicals, has signed an agreement to divest its textile
chemicals, paper specialties and emulsions businesses to SK Capital. This
agreement would help the Clarient to fulfill the demand of dyestuff in textile,
leather and paper industries.
April 2017 – Bodal
Chemicals Ltd planned to invest Rs 4.1 crore in SPS Processors Pvt Ltd, a
company engaged in manufacturing of dye intermediates, for acquiring 70 percent
stake. SPS has achieved revenue of Rs 74 crore till February 28, 2017. The
investment would help the Bodal Chemical to increase the market share in dye
and intermediate dye market.
November 2017 – DyStar
launches two new dyes – Levafix ECO Navy and Levafix ECO Forest. The excellent
oxidative wash and light fastness properties of these products lead to a more
sustainable textile end-product due to better retention of the original shade.
With this novelty, DyStar provides additional innovation to the textile
industry to achieve best quality with minimal environmental impact.
Paper Dye Market - Regional Analysis
Geographically, Asia Pacific region accounted largest market
share in the global Paper
Dye Market and expected to dominate during the forecast period
due to growing economies, rising population and high penetration of end user
industry in the region. China being largest consumer, manufacturer and exporter
of the paper dye. Growing demand in paper coating, printing, writing
activities have boosted the paper dye market in China. In addition to this,
North America & Europe have witnessed moderate growth for dyestuff owing to
strict environment regulation in the region.
Competitive
Landscape
In the competitive landscape, the report analyses
the degree of competition among the industry players as well as industry growth
and market scenario. The global Paper Dye market is at a growing stage, which
represents positive stats in terms of market value and overall volume. Over the
past few years, Paper Dye market has witnessed healthy demand due to its
application as coatings, printing & writing, packaging & boards in end
user industries like paper, leather and textiles. Nevertheless, the degree of
competition among the market players is still moderate owing to limited major
market players across the globe. Globally market for Paper Dye is fragmented
and it is moving towards growth expansion by specifically adopting partnership,
expansion and joint-venture strategies and product launch strategies.
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