Albany, NY -- (SBWIRE) -- 09/20/2017 -- The demand for textile colourant is advancing on the global scale due to the rising need for textile goods in home furnishing tasks. Further, it is also noticed that the automotive industry is likely to have a moderate impact on the overall textile colourant market. For additional analysis, a new report has been added to the wide database of Market Research Reports Search Engine (MRRSE) titled "Textile Colourant Market: Global Industry Analysis and Opportunity Assessment, 2016-2026". This study focuses on the global trends as well as innovations from the textile colourant industry which are stoking its growth to newer heights.

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The research report starts with the executive summary that includes market definition, market taxonomy as well as details about textile chemicals market overview. Further, market drivers, restraints and forecast factors are carefully enclosed in this section. Readers can even gather knowledge about market value and volume analysis, pricing analysis along with the market size (US$ Mn) and forecast. Several important factors such as absolute $ opportunity, value chain, and profitability margins are available for better statistical updates regarding the global textile colourant market.

The later section talks about the market segmentation based on fiber type, dye type, product form, application, and region. Each of these segments is evaluated on the basis of BPS analysis, Y-o-Y growth projections, prominent trends and market attractiveness. Under applications, the apparel segment is expected to remain dominant in the global textile colourant market with a projected CAGR of 5.0% over the forecast period. Moreover, the automotive application segment was valued at more than US$ 500 Mn in 2016 and is anticipated to increase at a CAGR of 4.4% until 2026 to acquire more than US$ 750 Mn.

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As per key research findings, industrial application is one of the largest segments of the technical textile market and its advancement is directly linked with that of industrial production. Moreover, textile chemicals market acts as a key driving factor for the textile colourant market, and this fact is quite beneficial for investors who are planning to enter this sector.

Based on geographical segregation, the market for textile colourant is spread across several prime regions. North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan, Middle East & Africa and Japan, are the highlighted regions studied in this intelligent report.

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