Absolute Markets Insights has been published a report on Dyes and Pigments market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering various vendors. The report delivers an up-to-date analysis regarding the current global market scenario, current trends and drivers, and the overall market scenario. The Dyes and Pigments market analysis includes service segment and geographical landscapes.
Dyes and pigments are the sub-categories of a larger category termed as colorants. Dyes form a part of organic colorants, while pigments are available in both, organic and inorganic forms of colorants. Dyes showcase large scale applications for coloring of textile, paper & packaging, while pigments are largely used for the coloring of cosmetics, inks, paints and plastics. Increased demand for colorants across wide array of applications is fueling the growth of 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).
Click to view the full report: https://www.absolutemarketsinsights.com/reports/Global-Dyes-and-Pigments-Market-2021---2029-931
AMI reports that North America region will grow at the fastest rate over the forecast period as population in major countries like United States continues to fuel rapid urbanization, and opportunities for commercialization steadily increase. The increasing demand and high expansion of industries such as printing inks, paints, coating is also aiding the market growth in the region. Additionally rapidly developing business that is mainly driving the demand from end user industries like textiles is substantially fueling the region’s growth. With technological developments like digital printing on fabrics have increased the demand for textile pigments and dyes and fueling the market expansion in North America. Increased awareness towards eco-friendly products have escalated the demand for organic dyes and pigments. Additionally, cosmetics industry is rising owing to the shifting trend towards hair coloring and increasing demand for cosmetics dyes in different applications.
Over the years, construction industry has experienced tremendous growth due to increasing population and their rising incomes. The demand for variety of colours in construction materials has led to increased demand for inorganic pigments, as they have a long-lasting effect and are largely used for architecture and infrastructure projects. For instance, LANXESS delivers a wide-ranging product range of iron oxides for the construction industry. This includes red, yellow, black and brown iron oxides as well as green shades based on chromium oxides. Colored concrete products exposed to different location-specific and climate-specific conditions exhibit particularly high durability due to their color stability and resistance properties for construction projects. Inorganic pigments have increased demand as they are cost effective and provide customization along with their availability in various forms such as powder, granules, compacted and liquid.
Have a Look at Related Research Insights: https://www.industryglobalnews24.com/global-dyes-and-pigments-market-was-valued-at-us-3147-bn-in-2020-
List of Companies Covered in the Report: 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.
Global Dyes and Pigments Market:
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
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