Acid Orange refers to a class of synthetic dyes used extensively in industries like textiles, cosmetics, and food coloring. These dyes are vibrant and water-soluble, belonging to the azo dye group. They possess high color strength, imparting shades of orange to products. Acid Orange dyes are known for their excellent light and wash fastness, making them popular in dyeing processes. However, concerns exist regarding their environmental impact due to their chemical composition. Manufacturers continuously work on developing eco-friendlier alternatives to mitigate potential harm caused by these dyes.
As per the recent research conducted by a leading market insights provider FMI, the global Acid Orange market size will expand at a healthy CAGR over the forecast period between 2023 and 2033. The aim of this study is to analyze key market dynamics affecting the sales of Acid Orange and provide vital insights to business owners to get benefited from forthcoming opportunities.
The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. It highlights the key growth prospects for the demand and sales across seven major regions. It also provides refines sales projections and assist market players in identifying the remunerative segments among the verticals.
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Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Acid Orange Market
Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.
Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Acid Orange market.
Key Acid Orange Market Takeaways and Projections
- The US will lead the North America Acid Orange market, projecting the fastest growth in the region between forecast period
- Germany will collectively hold the largest share in the Europe market over the assessment period.
- India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through forecast period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- In terms of segments, will hold the lion’s share in the market, expanding at a robust CAGR during the next ten years.
Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Acid Orange market. It also profiles a list of prominent companies including
- Vinayak Ingredients (India) Pvt. Ltd.
- MITSUBISHI CHEMICAL CORPORATION
- Tokyo Chemical Industry Co. Ltd.
- Shramik Chemicals
- Krishna Dyestuff Company
- Ciech S.A.
- Kanto Corporation
- Megha International
- MAYUR DYE CHEM
- Asim Products
- Nitin Dye Chem Pvt. Ltd.
- Aeromax Industries
- MAGNIL DYE CHEM
- Henan Tianfu Chemical Co.,
- Sterling Pigments & Chemicals
- Merck KGaA
- MAGNIL DYE CHEM
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Key Segments Profiled in the Acid Orange Industry Survey
By color index number:
- Acid Orange 7
- Acid Orange 10
- Acid Orange 24
- Acid Orange 67
- Acid Orange 5 & 6
- Others
Based on solubility:
- Solvent
- Aqueous
By application:
- Consumer Goods
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Textiles
Why Buy FMI’s Report?
- Extensive analysis on high growth niche markets across major regions
- Detailed assessment on key segments and sub-segments
- Recent and upcoming strategies tracked of manufacturers for the Acid Orange market
- Reliable information on new product launches, technological advancements, and more
- Valuable insights on the impact of regulatory framework on the global Acid Orange market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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