The global Paper Dyes Market is expected to exhibit a strong 3.02% CAGR over the forecast period from 2023 to 2030, according to the latest research report from Market Research Future (MRFR). The global paper dyes market is analyzed in detail in the report, which provides readers with a comprehensive overview of the paper dyes market with the help of a historical analysis of the market providing readers with figures regarding the market’s growth trajectory over the historical review period. The future growth trajectory of the paper dyes market is also elaborated upon in the report with the help of detailed analysis of the market’s current and historical figures. The leading drivers and restraints operating on the global paper dyes market are also studied in the report.
Paper dyes are widely used to color and coat paper products in various applications such as printing and packaging. The growing demand for paper from traditional applications, including newspaper making, bookmaking, and packaging, has been a major driver for the global paper dyes market. Due to the growing emphasis on quality standards, the paper used in newspapers and books has to be of a high grade. This has resulted in a growing demand for stable paper dyes, which offer the strongest, longest lasting finish for the paper.
The growing demand for coatings in the paper industry is also a major driver for the global paper dyes market. Paper coatings are now widely used to make paper last longer and to increase its durability against moisture, dust, and other environmental contaminants. This is likely to remain a major application for the global paper dyes market over the forecast period. A wide range of paper coatings are being developed by industrial manufacturers in order to make paper products stronger and longer lasting. This is likely to remain a major driver for the global paper dyes market over the forecast period.
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Competitive Analysis:
Leading players in the global paper dyes market include Atul Ltd., DyStar Group, Archroma, Chromatec Inc., Kemira, and BASF SE.
In October 2019, Panthera debuted a revolutionary new 8-color digital dye sublimation printer at the PRINTING United exhibition in Dallas, Texas.
Segmentation:
The global paper dyes market is segmented on the basis of type, form, application, and region.
By type, the global paper dyes market is segmented into direct dye, sulfur dye, acid dye, and basic dye. The direct dye segment holds the largest share in the global paper dyes due to its widespread usability and strong effects.
By form, the global paper dyes market is bifurcated into liquid and powdered dyes. The global paper dyes market is dominated by the liquid form segment, which accounted for more than 56% of the global paper dyes market in 2016. Liquid dyes are easier to use, as they easily spread to all corners and can be applied uniformly with little hassle.
By application, the global paper dyes market is segmented into coating, printing and writing, packaging and boards, and others.
Regional Analysis:
The global paper dyes Market Challenge Analysis is dominated by Asia Pacific, which has led the paper dyes market for a number of years and looks likely to remain in the dominant position over the forecast period and beyond. The Asia Pacific market is primarily led by China and India, which are the two leading consumers of paper dyes on a national scale. The growing demand for paper dyes in the flourishing newspaper industry in these countries has been a major driver for the paper dyes market in Asia Pacific. The growing demand from the packaging industry, in light of the growing demand from the ecommerce sector in this region, has also driven the paper dyes market at steady growth rate in Asia Pacific.
India is likely to be an important regional market for paper dyes over the forecast period, due to the growing production of paper dyes in the region and the growing packaging and printing businesses in the region.
