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Global Textile Dyes Market is Poised to Touch USD 14.9 Billion By 2032 | Emerging Economies in Asia Pacific Witnessing a Boom, Says Astute Analytica [Yahoo! Finance]

Huntsman Corporation (HUN) 
Last huntsman corporation earnings: 5/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.huntsman.com
Company Research Source: Yahoo! Finance
Expect a push towards sustainable dye technologies that address consumer concerns about environmental impact, without compromising the essential cost-competitiveness of dyed cotton textiles. New Delhi, March 05, 2024 (GLOBE NEWSWIRE) -- The global textile dyes market exhibits a promising outlook, with a projected value of approximately US$ 14.9 billion by 2032, signaling steady growth from its US$ 8.9 billion valuation in 2023 at a CAGR of 5.89% from 2024-2032. The market is growing fast, driven by a rapidly expanding textile industry. Most of that growth is happening in the Asia Pacific region, where increased garment manufacturing has created large markets for dyes. China and India are leading producers and exporters of textile dyes. Cotton accounts for most dye usage due to it still being the most popular fabric used globally but new plants could change this trend if grown properly and sustainably. The textile dyes market's growth hasn't come unopposed though - there are seve Show less Read more
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