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The economic impact of dyes

The economic impact of dyes

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Second, the strength of the enterprise to "go out". Financial crisis will bring a new round of opportunities for international industrial transfer, the Chinese dye companies can take advantage of this opportunity to go out to the rapid development of textile printing and dyeing industry, the dye market demand, and dye products are not developed countries to invest in production. Should take the initiative to some competitive advantage, environmental protection and security products, the use of joint ventures, cooperation, etc. to invest abroad to produce. Fortunately, some domestic enterprises have been in the foreign joint venture to build factories, and some are in the negotiations.
At present, China's dye business has two things to be concerned about. First, strengthen the brand building, the development of specialty products. China's dye production accounts for more than 60% of world production, but the market share of less than 35%, a considerable number of OEM sales are only made in China, there is no Chinese brand. Due to the lack of brand, China is a big producer of dyes rather than power. In the face of the global financial crisis, the decline in purchasing power and the reduction in income demand for cheaper goods. So the crisis period, the demand for low-end products may be more stable. Cheap Chinese dye brands to the market will be more likely to be accepted and recognized. At the same time, we can also bargain-hunting acquisition of international brands to share or holding the way the Chinese brand has its own right to speak, pricing power.
This year, the overall trend of the dye industry is still not fundamentally changed. Responding to the crisis of a hundred years, China's dye industry out of the trough, need to actively adjust the business development ideas.
The deep spread of the financial crisis on economic entities has made the Chinese dye industry face an unprecedented challenge. In 2008, the development of the industry a major turning point, dyes, organic pigment production year on year for the first time a negative growth, the main production enterprises have different levels of output down, to achieve a more substantial decline in profits.

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