New statistical study of Dyes And Pigments market has been published by Absolute Markets Insights. Primary and secondary research techniques have been used to give an effective and accurate data to make an informative decision in the businesses. According to research report, this Dyes And Pigments market is expected to reach CAGR by the end of this year. It is aggregated on the basis of several key factors, such as classification, specification, and applications of Dyes And Pigments industries. This gives a detailed description about dynamic aspects of the businesses, such as shares, profit margin, and revenue that helps to give a basic idea of business structure.
Different internal or external driving factors have been included to give a brief understanding about growth of the companies. In addition to this, restraining factors are also mentioned to state the challenges in front of the businesses. In order to identify the global opportunities several methodologies have been listed in this report.
Top Key Players includes: Altana AG, Atul Ltd, BASF SE, Cabot Corporation, Clariant, DIC CORPORATION, Huntsman International LLC., Kiri Industries Ltd., KRONOS Worldwide, Inc, Lanxess AG, Qingdao Haiwan Specialty Chemicals Co., Ltd, Stahl Holdings B.V., Sudarshan Chemical Industries Limited, Tronox Holdings plc, and Vipul Organics Ltd. amongst other market participants.
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Introduction of new dyeing technologies in the global dyes and pigments market, through significant R&D achievements, is estimated to supplement the market growth over the forecast period. Globally the high usage of cotton, polyester along with vat and azo dyes, which have also witnessed restrictive usage in some of the countries, have paved the way for reactive and disperse dyes. It is expected that in future, these two dyes would lead the global dyes and pigments market. In terms of revenue, the global dyes and pigments market was valued at US$ 31.47 Bn in 2020 growing at a CAGR of 4.7% over the forecast period (2021 – 2030). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries.
Dyes and pigments refer to substance which are responsible in imparting color to a specific material. The primary difference between a dye and pigment is their particle size. Dyes are of much finer size than pigments, which also allow them to dissolve easily in water and other solvents as compared to pigments. There is an increased demand for dyes and pigments from various end-use industries including textiles, paints & coatings, construction, and plastics, which is driving the growth of global dyes and pigments market. The rising population along with rapid industrialization has enabled governments to increase their construction spending for infrastructural development, which is expected to generate demand for dyes and pigments in the upcoming years. Concerns regarding environment are resulting in policy changes across the globe, which is expected to restraint the market growth over the forecast period. Various factors, such as water pollution during the manufacturing processes, high metal content in pigments, and high water consumption in the textile industry to rinse dyes, are the major environmental threats. Strict regulations have been levied in regions, such as Europe, North America, and China, which have hurdled the market growth. However, major producers are actively investing into developing products by incorporating advanced technologies for efficient removal of hazardous pollutants during the dye manufacturing process, which is anticipated to address the prevalent challenges and further proliferate the global dyes and pigments market growth over the future years.
Dyes And Pigments Market Segmentation:
By Type
- Dyes
- Reactive Dyes
- Disperse Dyes
- VAT Dyes
- Acid Dyes
- Direct Dyes
- Others
- Pigments
- Organic
- Inorganic
By Application
- Paints & Coatings
- Plastics
- Agriculture
- Printing Inks
- Personal Care & Cosmetics
- Paper & Packaging
- Construction
- Textile
- Healthcare
- Others
By Distribution Channel
- Direct
- Indirect
By Region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin Americ
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