Acid orange 7 is a colourant found in a wide range of goods, including textile and cosmetic products. Numerous items, including wool, silk, cotton, polyester, rayon, paints, and leather, contain acid orange 7 as a colouring agent. Cosmetics are becoming more and more popular on a global scale. Thus, it is anticipated that acid orange 7 growth will accelerate. Acid orange 7 is used in the textile industry as a colourant. As India's population grows significantly, so does the consumption of textile products. Acid Orange 7 is therefore expected to increase in both value and volume during the projected period.
Acid Orange Market valued at US $198.81 Billion in 2022 is expected to reach a value of US $324.12 Billion in 2030, growing at a CAGR of 6.3%.
Purple, brown, and red are just a few of the many colours that acid orange offers. Increased utilisation of dye is predicted to fuel market revenue growth, along with an increase in the need for acid pigments in the leather industry to stain leather. Given the numerous uses that the chemical dye has in various products, including cosmetics, shampoos, vitamins, lotions, and food items, adoption of the dye is predicted to rise and fuel market revenue development.
Market Overview:
In order to give their products a vibrant orange hue, several industries, including textiles, cosmetics, and food and beverages, use acid orange, an anionic, water-soluble acid dye. When acid dyes are applied to goods containing protonated groups, such as —NH2, they form ionic bonds with the protonated groups, forming specific acidic groups, such as —SO3H or —COOH. It can be used as a food colouring in carbonated beverages and as a dye for wool, nylon, and silk, among other things. The nylon and wool textile industries have seen a considerable increase in demand for the chemical dye because these materials include protonated —NH2 groups that attach to the acidic groups in the pigment. Acid pigment adoption is rising as a result, propelling the market's revenue expansion. Increased use of the dye in foods and beverages together with increased demand for acid orange are projected to drive greater adoption in the food processing industry. Acid orange is in high demand due to its low cost and easy availability. The food sector must adhere to strict guidelines and standards established by regulatory agencies. Due to growing dye adoption and rising market value throughout the predicted period.
There is a large market for Acid Orange 7 in the textile industry, as well as in the food and beverage, chemical, consumer goods, and pharmaceutical industries. Thanks to their improved bonding abilities and stability, textile dyes and the global textile industry are expanding significantly, which has had a positive impact on the dye market. Additionally, factors like easy access to raw materials and affordable logistics are significantly fostering the expansion of the acid orange 7 market on a global scale. On the other side, the market for acid orange 7 may face challenges throughout the projected period because to the strict laws and policies governing the use of dyes.
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Segmental Analysis of Global Acid Orange Market:
Based On Solubility:
- Soluble in Water
- Insoluble in Ethanol
Based On Packaging:
- HDPE Bags
- HDPE Drums
- Carton Boxes
Based On End-User:
- Cosmetics
- Hair Dying Agents
- Dyes and Inks
- Textiles
Top Key Players:
Sigma-Aldrich Corporation, Vinayak Ingredients Pvt. Ltd., Megha International, Shramik Chemicals, Krishna Dyestuff Company, Asim Products, Ciech S.A., Merck KGaA, Mayur Dye Chem, Tokyo Chemical Industry Co., Ltd., Nitin Dye ChemPvt. Ltd., Sterling Pigments Chemicals, Aeromax Industries, and Magnil Dye Chem.
COVID-19 Impact:
Globally, it is projected that the COVID-19-affected countries' stoppage of industrial and commerce activity will have a significant impact both on the regional and global economic growth. The chemical sector and the world economy are likely to see a severe decline as a result of the cancellation or prolongation of industrial projects, employee furloughs, investment reductions, and a lack of cash flow.
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Key questions:
- What is the potential of the Acid Orange Market?
- What CAGR is the global market expected to register during the forecast period?
- What are the top strategies that companies adopting in Acid Orange Market?
- What are the challenges faced by prominent vendors in Acid Orange Market?
- Which region has the highest investments in Acid Orange Market?
- What are the latest research and activities in Acid Orange Market?
- Who are the prominent players in Acid Orange Market?
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