The Acid Orange Market valued at USD 198,810 million in 2022 is expected to reach a value of USD 324,120 million in 2033, growing at a CAGR of 6.3%.
Acid orange 7 is an azo dye (an organic compound used to color textile, leather and some food products), also known as 2-naphthol. Acid orange 7 is obtained by the reaction between B-naphtha and diazonium derivative of sulfanilic acid. Acid orange 7 is a coloring agent, used as a colorant in various cosmetic products including hair dyes and colors.
Acid orange 7 is used in both oxidative and non-oxidative hair dye formulas. Acid orange 7 is not used in products such as eyeliner mascara, and lipstick. In addition, acid orange 7 is used in the textile industry to color fibers such as cotton, silk, and wool as well as to synthetics such as acrylic, rayon, and polyester.
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You will be given details about the market’s size, demand in the present and upcoming years, the supply chain, trading concerns, competitive analysis, prices, and vendor information. These details will help you understand the competition and take action based on your key strengths. Insights regarding major industry participants, Acid Orange applications, type, trends, and overall market share are also included in the report.
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Segmental Analysis of Global Acid Orange Market
Top Key Players
Archer Daniels Midland Company, FMC Corporation Ltd., PGP Internationals, TIC Gums Inc, Penford Corporation Ltd., Grain Processing Corporation (USA), and Advanced Food Systems Inc
Based On Solubility
Acid orange dyes are highly soluble in water and have better lightfastness than basic dyes. So, the water-soluble acid orange segment has shown the highest market value of USD 96.56 Million.
Based On Packaging
HDPE drums are accounted for the highest market value of USD 71.73 Million. It is anticipated to have a significant CAGR during the forecast period.
Based On End-User
The textile application segment is projected to attain the highest acid orange market value of USD 92.6 Million. The acid orange dyes are used in the textile industry to impart various colors. Acid orange dyes often display better color fastness than conventional ones due to their superior bonding, resulting in improved durability.
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Global Acid Orange Market: Geographical Analysis
The global acid orange market is further segmented into five major countries- North America, Europe, Asia-pacific, Middle East and Africa and South America. The Asia Pacific region emerged as the largest acid orange market, with a share of 45.37% in 2020. The Asia-Pacific region is likely to witness the fastest acid orange market growth in the forecasted period. There will be an increase in demand by various end-user industries such as the leather and textile industries. Both Europe and North America regions are predicted to show significant growth over the coming years.
Consumption of cosmetic products is escalating all over the world. Hence, the growth of acid orange 7 is expected to boost. The population of India is increasing on a large scale, due to which the consumption of textile products is increasing, and acid orange 7 is used in the textile industry as a colorant. Hence, Acid Orange 7 is anticipated to grow in terms of value and volume in the forecast period.
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