Acid Orange Market Size

Acid Orange Market size is expected to reach USD 600 Million by the end of 2036, growing at a CAGR of 9% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of acid orange was USD 200 Million. The reason behind the growth is due to the growing production of chemicals across the globe. Between 2024 and 2031, the production chemicals market is expected to develop significantly since the production and consumption of chemicals play a significant role in worldwide employment, commerce, and economic growth. For instance, the output of chemicals is expected to increase globally at a rate of more than 2% annually.

The growing demand for water-soluble dyes is believed to fuel the acid orange market growth. Among the earliest water-soluble dyes water-soluble dyes, which are high-quality colorants that dissolve readily in water, are often used on fabrics including silk, wool, nylon, and modified acrylic fibers is Acid Orange 20 (also known as Orange I).

Frequently Asked Questions (FAQ)

The growing production of chemicals across the globe and the growing demand for water-soluble dyes are the major factors driving the growth of the market.

The market size of Acid Orange is anticipated to attain a CAGR of 9% over the forecast period, i.e., 2024-2036.

The major players in the market are Krishna Dyestuff Company, Aeromax Industries, MAGNIL DYE CHEM, Henan Tianfu Chemical Co., Sterling Pigments & Chemicals, Merck KGaA, MAGNIL DYE CHEM, Ciech S.A., Kanto Corporation, Megha International, MAYUR DYE CHEM, and others.

The Soluble in Water segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Acid Orange Market Size