The global acid orange market size is expected to reach USD 335.1 Million in 2030 and register a revenue CAGR of 8.5% over the forecast period, according to a latest report by Reports and Data. Rising demand for acid orange dyes in the textile industry and increasing adoption of acid orange as biological stains are expected to drive market revenue growth during the forecast period. Increasing use of acid orange in detection of cancer is expected to boost growth of the acid orange market in the near future. Orange G, a biological stain made from acid orange is used for the detection of keratinizing squamous cancer on regions of the body that do not have keratin. This has led to increased adoption of acid orange in research institutions.
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Some Key Highlights in the Report
- Textile segment accounted for largest revenue share in 2021. Increasing usage of acid orange in textile industries to obtain various colors is driving growth of the segment. Acid orange can produce various colors such as purple, red, and brown upon treatment with specific chemicals.
- HDPE drums segment is expected to account for largest revenue share in global acid orange market in 2021. Rising demand for industrial-grade containers made of High-density Polyethylene (HDPE) for packaging and transportation of acid orange is driving revenue growth of the segment.
- Market in Asia Pacific is expected to account for largest revenue share in the global market over the forecast period. Rapid growth of the textile and food & beverage industries, in which acid orange plays an essential part is expected to drive market revenue growth. Rising demand for acid orange to obtain various colors that are durable and bright is another factor expected to increase revenue growth of the acid orange market in the region.
- Companies profiled in the global market report include Sigma-Aldrich Corporation, Sanchi Organics Private Limited, Tokyo Chemical Industry Co., Ltd., Sterling Pigments and Chemicals, Vinayak Industries Pvt. Ltd., Megha International, Krishna Dyestuff Company, Hangzhou Emperor Chemical Co., Ltd., Mayur Dye Chem, and Aeromax Industries.
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Color Index Number Outlook (Revenue, USD Million; 2019-2030)
- Acid Orange 7
- Acid Orange 10
- Acid Orange 3
- Acid Orange 20
- Acid Orange 24
- Acid Orange 67
- Others
Application Outlook (Revenue, USD Million; 2019-2030)
- Cosmetics
- Foods and Beverages
- Textiles
- Hair Dyeing Agents
- Others
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Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of the Acid Orange Market
– Changes in industry market dynamics
– Detailed market segmentation by type, application, etc.
– Historical, current and projected market size in terms of quantity and value
– Recent industry trends and developments
– Competition situation of Acid Orange Market
– Key companies and product strategies
– Potential niche segment/region showing promising growth.
Finally, the Acid Orange Market Report is the authoritative source for market research that can dramatically accelerate your business. The report shows economic conditions such as major locales, item values, profits, limits, generation, supply, requirements, market development rates, and numbers.
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