Why Is Textile Sector in ASEAN and South Asia Shifting To Waterless Dyestuffs?

Dyestuffs refer to water-soluble inexpensive materials that are used to impart color to fabrics. These substances comprise of pigments, azo acids, dyes, and intermediates. Dyestuff producers constantly work to improve the properties of such substances to meet the demands of new kinds of fabrics. In recent years, the textile industry has been increasingly focusing on developing advanced dyeing machinery to overcome the environmental issues caused by the existing dyes. These improvements are a result of extensive research and development (R&D) activities carried out in the textile sector.

The flourishing apparel industry is expected to drive the Association of Southeast Asian Nations (ASEAN) and South Asia dyestuff for textile market at a CAGR of 7.8% during the forecast period. The market revenue stood at $1,163.6 million in 2016 and it is projected to reach $1,938.9 million by 2023. The growth of the apparel sector can be attributed to the burgeoning demand for outerwear, innerwear, socks, t-shirts, jeans, shorts, trousers, dresses, and kids' wear, across the world.

According to P&S Intelligence, India used the highest volume of dyestuff in the textile industry in the recent past, due to the shutdown of several dye producing units in the U.S., the U.K., France, and Germany owing to the implementation of strict pollution control regulations in these countries. Moreover, the presence of flexible environmental legislations and the availability of cheap labor are also driving the production of dyes in India. 

Therefore, the growing apparel industry in the ASEAN and South Asia regions is expected to amplify the usage of dyestuffs in the forthcoming years.

Source: www.psmarketresearch.com

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