NEW YORK, Sept. 5, 2023 /PRNewswire/ -- The diamino stilbene disulfonic acid market is estimated to increase by USD 143.79 million from 2022 to 2027, with a CAGR of 4.92%, according to a recent market study by Technavio. This report also offers a 5-year historical (2017-2021) data projection of market size, segmentation, and region. Growing textile industries to provide essential growth opportunities to manufacturers of DASDA is a key factor driving market growth. To obtain a desired color, natural fibers are composed of impurities and undergo bleaching. However, there is some color that requires chemical treatment to offset the yellow tint. The DASDA will absorb UV light and reflect blue light. In the area of textile finishing and detergents, it is effective. Water-soluble natural and synthetic fibers, and water-soluble colored materials, are two types. Hence, these factors are expected to drive market growth during the forecast period. Discover some insights on market size before buying the full report - Request a sample report
Diamino Stilbene Disulfonic Acid Market : Company Scope
The diamino stilbene disulfonic acid market report also offers information on the criticality of inputs, R&D, CAPEX, technology, and products of 15 companies listed Below -
Biosynth Ltd., Daikaffil Chmicals India Ltd., EMCO Dyestuff Pvt. Ltd., Haihang Industry Co. Ltd., Hunan Huateng Pharmaceutical Co., Ltd, Luminescence Technology Corp., MIT-IVY INDUSTRY CO., LTD, Paramount Minerals and Chemicals Ltd., Roopdhara Industries, Merck KGaA, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Toronto Research Chemicals Inc., Tsaker Chemical Group Ltd., Zhengzhou Alfa Chemical Co. Ltd., and Actylis Download a Sample
Diamino Stilbene Disulfonic Acid Market : Segmentation Assessment
The market is segmented by application (dye, fluorescent whitening agent, insecticide, and others), type (powder and paste), and geography (APAC, Europe, North America, Middle East and Africa, and South America)
- The dye segment is estimated to witness significant growth during the forecast period. Because of its low toxicity and stable temperature, DASDA is increasingly used in dyes. In addition, the DASDA contains a naturally black color that is not readily faded by washing or drying. DASDA has been increasingly used as a dye due to its low toxicity and temperature stability. Demand for dyestuffs is expected to rise due to increased demand from a variety of end-use industries, such as textiles, paints, coatings, and paper. Hence, these factors are expected to drive market growth during the forecast period.
- APAC is estimated to contribute 47% to the growth of the market during the forecast period. The Chinese and Indian textile sector is experiencing growth and development. The region shows an increased demand for DASDA as the result of a rise in disposable incomes, a growing population, and climatic conditions that make sun lotions and skin care products necessary. Moreover, due to increased awareness and the benefits of laundry detergents, there are also expectations that the DASDA market will increase across the region. Hence, these factors are expected to drive market growth in the region during the forecast period.
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Diamino Stilbene Disulfonic Acid Market - Market Dynamics
Major Trend
Increasing demand for DASDA from the cosmetics industry is a major trend in the market. In the cosmetics sector, DASDA demand is increasing for hair brighteners, eye brightening, and cosmetic powders. This product is used to improve hair light, correct pigmentation of the skin, and brighten specific areas around the eyes. In addition, market growth is driven by a rise in disposable income in APAC emerging markets like Malaysia, Indonesia, and Vietnam. The growth of the cosmetic market has been driven by a growing household income as well as demand for sun protection and skin care products. Thus, such factors are expected to drive market growth during the forecast period.
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What are the key data covered in this Diamino Stilbene Disulfonic Acid Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the diamino stilbene disulfonic acid market between 2023 and 2027
- Precise estimation of the size of the diamino stilbene disulfonic acid market and its contribution to the market with a focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the diamino stilbene disulfonic acid market in APAC, Europe, North America, Middle East and Africa, and South America
- A thorough analysis of the market's competitive landscape and detailed information about companies
- Comprehensive analysis of factors that will challenge the growth of diamino stilbene disulfonic acid market companies
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Diamino Stilbene Disulfonic Acid Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.92% |
Market growth 2023-2027 |
USD 143.79 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
4.59 |
Regional analysis |
APAC, Europe, North America, Middle East and Africa, and South America |
Performing market contribution |
APAC at 47% |
Key countries |
US, China, South Korea, Japan, and UK |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Biosynth Ltd., Daikaffil Chmicals India Ltd., EMCO Dyestuff Pvt. Ltd., Haihang Industry Co. Ltd., Hunan Huateng Pharmaceutical Co., Ltd, Luminescence Technology Corp., MIT-IVY INDUSTRY CO., LTD, Paramount Minerals and Chemicals Ltd., Roopdhara Industries, Merck KGaA, Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Toronto Research Chemicals Inc., Tsaker Chemical Group Ltd., Zhengzhou Alfa Chemical Co. Ltd., and Actylis |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data you are looking for, you can reach out to our analysts and get customized segments. |
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Company Landscape
12 Company Analysis
13 Appendix
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