An
accurate study of Dyes And Pigments Market has been published by Absolute
Markets Insights in order to comprehend the potential of Dyes And Pigments
industries. The business provides an accurate description of the qualitative
and quantitative analysis methods used to explore business data. This insight
is especially useful as a guide for the development of the industry.
The major
key pillars for global Dyes And Pigments Market are listed below: 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
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).
For more
information about this report visit: https://www.industryglobalnews24.com/global-dyes-and-pigments-market-was-valued-at-us-3147-bn-in-2020-
Type
Outlook
Based on
type, dyes and pigments market is segmented into dyes and pigments. Dyes is
further classified into reactive dyes, disperse dyes, VAT dyes, acid dyes,
direct dyes and others. Pigments is bifurcated into organic and inorganic. Dyes
accounted for the highest share in 2020. Dyes are largely used in inks for
giving desired color and density. Dyes produce more color and density per unit
of mass than pigments. Moreover, dye-based inks have the ability to chemically
mix with other ingredients. Hence, they give a better picture than pigment inks
on the addition of optical brighteners and color-enhancing ingredients.
Application
Outlook
On the
basis of application, dyes and pigments market is segmented into paints &
coatings, plastics, agriculture, printing inks, personal care & cosmetics,
paper & packaging, construction, textile and healthcare amongst others.
Textiles industry segment held the highest share in the global dyes and
pigments market in 2020. Textile dyes are primarily used as coloring agents for
the production of clothing with color asthetics. Textile companies are switching
to digital printing on textiles, including cotton and other cellulosic fabrics
like rayon.
Distribution
Channel Outlook
Based on
distribution channel, global dyes and pigments market are bifurcated into
direct and indirect channels. Direct distribution held the highest market share
in 2020. Direct distribution entails continued popularity in the global market
as textiles and fashion industry players are looking forward to cut down the
additional costs and overcome the challenges of shortage of dyes and pigments.
Additionally, some customers require customized dyes and pigments for special
purposes, wherein also direct distribution channel is highly preferred.
However, indirect distribution channel is gaining popularity in the global dyes
and pigments market and is anticipated to witness highest growth over the
forecast period.
Region
Outlook
Asia
Pacific accounted for a significant share in the global dyes and pigments
market in 2020. Growth of urban population, introduction of new textile
products, and significant expansion of the online fashion sector are among the
prominent factors that are augmenting the demand for textile dyes in Asia
Pacific. China and India are the key countries that constitute large share in
the textile dyes market in Asia Pacific. North America and Europe are estimated
to witness substantial growth rate over the period of next eight years in the
global dyes and pigments market.
Global
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 America
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