Paper dyes are aromatic, ionized, and colored organic aqueous solutions that can be applied to papers. They have color pigments that come from chromophores which can be manufactured or extracted using some basic chemicals.
To import a specific color to the paper, a light absorption technique is implemented. Paper dyes can be created using synthetic or natural raw materials. With the rise in urbanization, the demand for paper dyes can grow and drive the global paper dye market.
The global paper dye market is predicted to rise at a CAGR of 3.02% and could reach a market value of $1008.2 million by 2027. Let us understand the impact of COVID on the paper dye industry.
COVID 19 Analysis:
The COVID pandemic has adversely affected normal life, businesses, and market segments. Due to the rising outbreak of COVID, industries are going through a financial crisis, however, they are growing back slowly. During the lockdown, many manufacturing plants for paper dyes were shut down and witnessed a sharp downfall. This disrupted the supply chain, and profit margins were affected. However, as vaccines are rolling out and countries are learning how to cope with the pandemic, the paper dye market is bound for recovery at the end of the second quarter of 2022.
1) Based on the Type
Listed below are the segments of the paper dye markets.
- Direct dyes
- Basic dyes
- Sulfur dyes
- Acid dyes
2) Based on the Application
The application of dyes in the paper industry are as follows:
- Coated paper
- Writing and printing
- Tissues – towel, facial, napkin, toilet
- Boards and cover papers
- Decorative laminated paper
- Specialty papers – laundry tags, labels, posters
3) Based on the Region
The global paper dye market is based on the following regions:
- North America
- South America
- Middle East
- Africa regions
Asia-Pacific countries like India are one of the most prominent players in the global dye market. In fact, Asia-Pacific regions hold the largest market share in the global market and are predicted to grow at a CAGR of 3.12% through 2027. Various foreign collaboration, acquisitions, mergers and strategies to expand the customer base is the driving factor of Asia-Pacific countries like India.
This could also lead to the development of new production processes that will tap into the potential market and drive it further. Moreover, as the environmental pollution concerns are rising in India, it will further drive the demand for paper dyes as they are less harmful to the environment.
European regions hold the second-largest market share and North American regions account for the third-largest market share owing to the rising demand for the coating industry. The demand for paper dyes is also growing due to stringent environmental rules in these regions.
We hope you have gained noteworthy insights from this blog. Are you on the lookout for high-quality paper dyes for your business? If yes, then get in touch with Alps Chemicals and enhance your brand by giving your products a luxuriant makeover!