Acid Orange Market Trends

  • Report ID: 5877
  • Published Date: Mar 18, 2024
  • Report Format: PDF, PPT

Acid Orange Market Trends

Growth Drivers

  • Rising Demand in Paper Industry - Acid Orange Dye has many applications, including paper coating, and molding powders, and also works well for coloring pulp and paper.
  • Growing Demand for Cosmetics- A synthetic pigment known as acid orange 7 is occasionally referred to as a monoazo color in general, which is utilized as a dye in semi-permanent hair coloring solutions, and as a direct hair coloring agent in both non-oxidative and oxidative hair dye formulations.

Challenges

  • Side effects of acid orange - A carcinogen and chronic irritant, Acid Orange 7 is one of the acidic azo dyes that harms skin and eyes since it is known that certain azo dyes can decompose generating hazardous aromatic amines. Moreover, owing to their poisonous or carcinogenic properties, acid dyes, which are commonly employed in the textile industry, may have negative consequences on both human health and the environment, which is expected to hamper the acid orange market growth in the coming years.
  • Stringent environmental regulations associated with the manufacturing of dyes- Most industrialized nations have strict laws governing the handling of all known carcinogens, which has led almost all dye companies to stop producing these compounds since the metabolites of benzidine and 2-naphthylamine, rather than the colors themselves, caused bladder cancer in the workers who handled dyes based on these compounds.
  • Fluctuating prices of raw materials may impact the production

Acid Orange Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~9%

Base Year Market Size (2023)

~ USD 200 Million

Forecast Year Market Size (2036)

~ USD 600 Million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 5877
  • Published Date: Mar 18, 2024
  • Report Format: PDF, PPT

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.
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