World News: 23:00 GMT Tuesday 14th January 2020. [Reports and Data via Globe Newswire via SPi World News]
New York, Jan. 14, 2020 (GLOBE NEWSWIRE) -- According to the current analysis of Reports and Data, the global Acid Orange market was valued at USD 165.9 Million in 2018 and is expected to reach USD 266.3 Million by the year 2026, at a CAGR of 6.1 percent. Acid dye refers to the dyestuff containing a sulfonic acid group, a carboxyl, a hydroxy, or other soluble groups in the molecular structure and used in acid or neutral dye bath. Based on the color the acid dyes are named as acid orange, acid brown, acid black, acid yellow, and acid green among others. According to the chemical structure, acid dyes can be divided into azo type, triphenylmethane type, anthraquinone type, anthracene oxygen type, and nitroso type pyrazolone type. Acid dyestuff is widely used, mainly as a direct dyestuff for protein fibers (such as wool, silk) and polyamide fibers, protein. And the dyeing needs to be conducted in an acidic solution. It’s mainly used for nylon, wool, leather, silk, and others.
The substantial growth of the textile industry in emerging economies such as India, China, Brazil, Indonesia, and Mexico are expected to build the demand for acid orange dyes. Factors supporting this growth are cost-effective labor, low logistics cost, availability of raw materials, and favorable government policies are encouraging the global dye vendors to shift their manufacturing units to these developing countries. The textile market is also propelled by the capacity expansions of many critical regional vendors. Natural fibers, including wool and silk, are increasingly used in the production of medical dressings, garments, apparel, and automobile interiors.
The growing production of silk in the emerging economies of India and China will directly drive the manufacturing of acid dyes and, consequently, the acid orange dye in the upcoming years. Therefore, the increasing use of acid dyes in the textile and leather industry will because of their superior bonding properties and stability lead to market growth over the next few years. Consequently, the stringent regulations and policies related to use of acid dyes may hamper the market growth.
For the purpose of this report, Reports and Data has segmented the Acid Orange market on the basis of color index number, solubility, packaging, end-use, and region:
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Globe Newswire: 23:00 GMT Tuesday 14th January 2020
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