Textile dyes market projections released

A new report published by MarketsandMarkets indicates that the low cost of manufacturing in countries, such as China, and the high demand for textile dyes in the Asia-Pacific (APAC) region as a whole are the key factors driving the demand for textile dyes. The textile dyes market is projected to be worth $10.9 billion by 2024, with disperse dyes estimated to be the largest type of dye in the market. APAC contributes more than 50 percent to the global disperse dyes market. China is one of the leading producers and consumers of textile dyes in the region.