The market size of the dye industry will exceed 100 billion yuan in 2018

The market size of the dye industry will exceed 1000 billion in 2018

Under the new normal, the dye industry will face a lot of pressure and difficulties in the future. The rise of the textile and garment industry in Southeast Asia has brought considerable impact to my country’s dye industry. Although the industry economy faces many difficulties and challenges, the dye industry has sufficient development potential, coupled with the industry’s improved capabilities in technological innovation, management, and going global, providing good conditions for the industry’s continued growth. In addition, as people’s living standards improve, domestic demand for textiles will further increase.

According to the “2016-2021 China Dyestuff Industry Production, Sales Demand and Investment Forecast Analysis Report” released by the Qianzhan Industry Research Institute, In the next few years, the sales revenue of my country’s dye industry will continue to maintain steady growth, with the average annual growth rate expected to remain between6% and 8%toIn 2018the sales revenue of my country’s dye industry will exceed100 billionyuan.

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Dye is a substance that can color fibers and other materials. It is divided into two categories: natural and synthetic. Dyes are no longer limited to textile dyeing and printing. They are used in paint, plastics, paper, leather, optoelectronic communications, food and other fields.

Under different standards, dye products are classified into many categories. Classified according to their properties and application methods, dyes include direct dyes, reactive dyes, sulfur dyes, disperse dyes, acid dyes, coatings, etc. According to statistics from the “2016-2021China Dyestuff Industry Production and Sales Demand and Investment Forecast Analysis Report” released by the Qianzhan Industry Research Institute,2015 b>In the annual domestic dye production, disperse dyes account for 48.29% and reactive dyes account for 28.08% , sulfur dyes accounted for7.37% and are the three major categories with the largest output.

The market size of the dye industry has shrunk

According to statistical data from the National Bureau of Statistics, from 2008 to 2015, the sales revenue of my country’s dye industry generally showed a growth trend. In 2009 it dropped slightly, with a year-on-year growth rate of -1.55% and continued to grow in the following years. b>20In 14year, it increased to87.178billion yuan, a year-on-year increase of1.51%. In 2015, due to the impact of the industry environment, the sales revenue of my country’s dye industry declined, falling to 83.047 billion yuan, a year-on-year decrease of 4.74%.