Lucintel's latest market report analyzed that textile colorant provides attractive opportunities in food and beverage, dietary supplement, feed & pet food, and cosmetics & personal care markets. The textile colorant market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, Instant Powder is the largest segment by clothing, technical textile, home textile & carpet, and automotive textile market.
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Based on product type, the textile colorant market is segmented into azoic dyes, difrect dyes, basic dyes, disperse dyes, reactive dyes, sulfur dyes, and others. The Instant Powder segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to to its easy manufacturing process and low cost.
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The Textile Colorant Market is marked by the presence of several big and small players. Some of the prominent players offering textile colorant include Huntsman, Clariant, Atul, H. Patrick, Cromatech, Colorant, Sanyo Color Works, Kiri Industries, DuPont.
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