The ASEAN & South Asian dyestuff for textile market will grow from $1,163.6 million in 2016 to $1,938.9 million by 2023, at a 7.8% CAGR during forecast period.
Currently, the demand for these materials in South Asian and Association of Southeast Asian Nations (ASEAN) member countries is rising on account of the growth in the apparel popularity. With an increase in the disposable income and influence of the Western culture, sales of jeans, outerwear, innerwear, T-shirts, dresses, shorts, children’s wear, trousers, and socks are surging in South and Southeast Asian nations. Moreover, these nations are witnessing rapid population growth, which is another reason behind the increasing demand for textiles and, in turn, dyestuff.
Apart from reactive dyes, the demand for natural dyes is also increasing in the textile industry of South Asian and ASEAN countries. Synthetic dyes often contain volatile organic compounds (VOCs), which not only harm the environment but also cause deadly human diseases, such as cancer. This is why dyes made from plants, animal secretions, insects, fruits, and minerals are rapidly becoming popular. These are biodegradable, offer a smooth finish to fabrics, protect the wearer against ultraviolet (UV) radiation, and possess antimicrobial and anti-inflammatory properties.
ASEAN & SOUTH ASIA DYESTUFF FOR TEXTILE MARKET
- By Type
- Reactive dyes
- Disperse Dyes
- Vat Dyes
- Direct Dyes
- Acid Dyes
- Sulfur Dyes
- By Country