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Increasing textile demand is likely to promote innovation in VAT dyes manufacturing, propelling the market during the forecast period.

The global VAT dyes market is expected to grow from $10.67 billion in 2022 to $11.41 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The global VAT dyes market size is expected to reach $14.25 billion in 2027 at a CAGR of 5.7%.

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Global VAT Dyes Market Segments Include:

• By Product Type: Carbazol Derivatives, Indigo Derivatives, Anthraquinone Derivatives, Thio-indigo Dyes, Others Product Types
• By Methods: Dip Dyeing, Pad Dyeing
• By Application: Wool, Cotton, Fiber, Viscose Rayon, Leather, Others Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global VAT dyes market in 2021.

Major Market Players in the VAT dyes market include Clariant International Ltd., CPS Color Group, Flint Group Pvt. Ltd., Jagson Colorchem Ltd., Kiri Dyes and Chemicals Ltd., Lanxess AG, Royce Global, DuPont de Nemours Inc., Eckart GmbH, Arkema S.A.

Product innovation is a crucial trend that is gaining traction in the vat dyes industry. Major players in the vat dyes market are focusing on providing innovative solutions to increase their market position. For example, Atul Ltd., an India-based integrated chemical firm, launched NOVATIC Classic Dark Green Pdr and NOVATIC Classic Dark Navy Pdr, two customised vat dye products, in January 2022. These vat-dyed goods have outstanding tinctorial strength and have great build-up, repeatability, and overall fastness attributes. This product’s best applications include furnishings, leisure wear, and institutional clothing. These items also offer customised colours for small textile clusters.

The VAT Dyes Global Market Report 2023  provides a VAT dyes market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The VAT dyes market forecast analyzes VAT dyes market size, VAT dyes market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Vat dyes, often known as “Oil colours,” are natural colourants that can be applied to fabric through immersion, spraying, or pad printing. They are generally employed in the printing of leather, wood, and other materials.

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