Allied Market Research published a report, titled, “Textile Dyes Market by Dye Type (Direct, Reactive, VAT, Basic, Acid, Disperse, Solvent, Mordant, and Others), Fiber Type (Wool, Nylon, Cotton, Viscose, Silk, Acryl, Polymer, and Others), and Application (Yarn Dyeing, Garment Dyeing, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026.” According to the report, the global textile dyes industry was estimated at $9.45 billion in 2018 and is expected to hit $15.5 billion by 2026, registering a CAGR of 6.3% from 2019–2026.

Drivers, restraints and opportunities-

Rise in production of textiles in developing countries to meet the increasing consumer demand, low cost of labor, and surge in population are the factors, boosting the growth of the global textile dyes industry. On the other hand, implementation of various health & environment regulations towards the use of textile dyes restrains the growth to some extent. Nevertheless, development of new processes that minimizes the water wastage is expected to usher in a number of opportunities in the near future.

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The disperse segment to rule the roost till 2026-

Based on dye type, the disperse segment accounted for one-fourth of the global textile dyes market revenue in 2018, and is expected to retain its dominance by the end of 2026. Factors like ease of use, overall low cost, and less water requirement fuel the segment growth. The reactive segment, on the other hand, would grow at the fastest CAGR of 7.2% during 2019–2026, owing to its beneficial features such as bright shades, ease of application, quick-drying properties, cost-effectiveness, and others.

The polyester segment to dominate during the estimated period-

Based on fiber type, the polyester segment contributed to nearly half of the global textile dyes market share in 2018, and is anticipated to lead the trail by 2026. This is attributed to the numerous advantages it provides such as high strength, weather-resistant, high elasticity, and others. Simultaneously, the acrylic segment would showcase the fastest CAGR of 7.3% throughout the forecast period. Rise in demand for fibers in yarns for the manufacturing of apparel and household textiles propels the growth of the segment.

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Asia-Pacific, followed by Europe and North America, to remain lucrative during the study period-

Based on geography, Asia-Pacific, followed by Europe and North America, garnered the major market share in 2018, holding more than two-fifths of the global textile dyes market. The same region would also cite the fastest CAGR of 6.9% from 2019 to 2026. The growth is driven by the development in manufacturing sectors, improvement in economic conditions, and increase in population in the province.

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Frontrunners in the industry-

• Shanxi Linfen Dyeing Chemicals (Group) Co. Ltd.
• Archroma
• Colourtex,Dalian Dyestuffs & Chemicals
• Hangzhou Dikai Chemical Co. Ltd.
• Huntsman International LLC
• Anoky Co. Ltd.
• Jay Chemical Industries Ltd.
• Kiri Dyes and Chemicals Ltd.
• Xuzhou Amer International Trading Co. Ltd

 Allied Market Research recently published a report, titled, “Technical Ceramics Market by Material (Oxide and Non-Oxide), Product (Monolithic Ceramics, Ceramic Coatings, and Ceramic Matrix Composites), and End-use Industry (Electronics & Semiconductor, Automotive, Energy & Power, Industrial, Medical, Military & Defense, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.” As per the report, the global technical ceramics industry was estimated at $8.03 billion in 2018 and is anticipated to register $13.09 billion by 2026, registering a CAGR of 6.2% during the period 2019 to 2026.

Drivers, restraints, & opportunities-

Rise in demand from several end-use industries and emergence of technical ceramics as a substitute to metal drive the growth of the global technical ceramics market. On the other hand, high energy costs for manufacturing technical ceramics impede the growth to some extent. However, development in electronics & semiconductor manufacturing in APAC and rapid growth of ceramics in healthcare industry are expected to usher in a number of opportunities in the industry.

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The oxide segment garnered the lion’s share in 2018-

Based on material, the oxide segment accounted for more than three-fifths of the global technical ceramics market revenue in 2018, and is projected to rule the roost during 2019–2026. This is attributed to the high demand for alumina in electronics and electrical, automotive, energy and utility, and other industries. The non-oxide segment, on the other hand, would cite the fastest CAGR of 6.5% during the forecast period. Being an excellent abrasive material, these ceramics are increasingly used in grinding wheels application, which has boosted the segment growth.

The monolithic ceramics segment to lead the trail by 2026-

Based on product, the monolithic ceramics segment held the major share in 2018, generating more than two-thirds of the global technical ceramics market. The demand for monolithic ceramics was on the rise on account of drastic changes in the sales of consumer electronics such as laptops, smartphones, television, cameras etc. which has driven the growth of the segment. At the same time, the ceramic matrix composites segment would showcase the fastest CAGR of 6.8% throughout the study period. This is due to ceramic matrix composites (CMC) are advanced ceramic that exhibits a combination of properties such as relatively higher strength at elevated temperature, good corrosion and erosion behaviors, higher stiffness and toughness, high corrosion resistant power, and others.

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Asia-Pacific, followed by North America, to dominate-

Based on geography, Asia-Pacific contributed to more than one-fourth of the global technical ceramics market share in 2018, and is expected to rule the roost by the end of 2026. Asia-Pacific has the presence of several established industries such as automotive, electronics and electricals, and energy & power, which collectively increases demand for technical ceramics in the province. Simultaneously, North America would register the fastest CAGR of 6.7% till 2026. Rise in adoption of technical ceramics in medical, and military & defense industries in the region has fueled the market growth.

Frontrunners in the industry-

• Albemarle Corporation
• Saint-Gobain S.A
• KYOCERA Corporation
• KCC CORPORATION
• Rauschert GmbH
• McDanel Advanced Ceramic Technologies
• Morgan Advanced Materials plc and 3M
• NGK Spark Plug Co., Ltd.
• CoorsTek Inc.

• Mitsubishi Chemical Holdings Corporation
• PPG Industries Inc.
• DuPont
• Solvay
• SABIC
• Sumitomo Bakelite Co. Ltd.
• Toray Industries Inc.
• Röchling
• Hexcel Corporation
• SGL Carbon