Paper Dyes Market to exceed USD 1.4 Billion by 2032, Says Global Market Insights inc.
Paper Dyes Industry size is expected to register 3.7% CAGR between 2024 and 2032 propelled by increasing demand for sustainable solutions.
Selbyville, Delaware, July 02, 2024 (GLOBE NEWSWIRE) — Paper Dyes Market Size is projected to surpass USD 1.4 billion by the end of 2032, as per a
Europe to reflect robust growth
Europe paper dyes industry is projected to depict significant growth between 2024 and 2032, owing to the increasing demand for sustainable and eco-friendly packaging, advancements in dyeing technology, and the expansion of the printing and publishing sectors. The rising consumer preference for colored and specialty papers in crafts and stationery, along with regulatory support for environmentally friendly products is driving the product deployment. The growing use of recycled paper requiring dyes is also accelerating the market growth in the region.
Paper Dyes Market Participants
Some of the leading firms operating in the paper dyes industry include Archroma, BASF SE, Clariant International Ltd., DIC Corporation, Dystar, Flint Group, Huntsman Corporation, Kao Corporation, Kemira Oyj, Lanxess AG, Milliken & Company, and Synthesia. These industry players are adopting various business expansion strategies, including mergers & acquisitions as well as collaborations to increase their market profit. For instance, in March 2023, Archroma completed the acquisition of Huntsman Corporation’s Textile Effects business, while restructuring its operations into two divisions, each targeting a distinct end market.
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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