World Paper Dye Market to Register 3.02% CAGR to 2023, Forecasts MRFR in Its In-Demand Report Available at MarketPublishers.com09 Oct 2017 • by Natalie Aster
LONDON – Worldwide, the paper dye market is poised to gain good momentum in the offing. The sector is set to reach more than USD 1.008 billion by 2023 registering a 3.02% CAGR. The market growth is fuelled by a wide scope of applications such as coating, packaging & boards, printing & writing, etc.; as well as by the rise of sophisticated high speed machines. However, enhancing water pollution concerns could restrain the market growth.
Application-wise, the coating segment takes the lead grabbing 44% of the total market, and it is projected to witness the fastest CAGR through 2023. The coating industry, especially in APAC, was on the rise and has raised the demand for paper dyes during the last few years. The printing and writing segment comes the second, and has also demonstrated promising growth.
Based on form, paper dyes in the liquid form have seen the most rapid growth due to their relative convenience of use compared to powdered form; the segment is likely to grow at a 3.2% CAGR over the oncoming years. By type, direct dyes have accounted for 40% of the overall market owing to their outstanding properties like water solubility and anionic nature, protein and cellulose affinity.
In-demand report “Global Paper Dye Market Research Report- Forecast to 2023” drawn up by MRFR provides an exhaustive, unbiased analysis of the market on a global level.
The study starts with defining the market and describing its structure. It then gives an assessment of the market dynamics - key drivers, stumbling blocks, opportunities and prevalent trends. It offers an analysis of the supply chain, and introduces Porter's 5 forces analysis of the marketplace. The report provides detailed market segmentation based on type, form, application, and by region; analysing and forecasting the value and volume for the market as a whole and each individual segment. The report limelights the competitive landscape and offers an analysis of the market shares. Furthermore, it includes company profiles of the 6 dominant players in the industry.
For more in-demand market research studies by this publisher follow MFRF page at MarketPublishers.com.