According to IMARC Group’s latest report, titled “Dyes and Pigments Market Report: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global dyes and pigments market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 5% during 2021-2026.
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Dyes and pigments are the coloring agents used commercially for textiles, papers, leathers, rubbers, and edibles. Dyes are water-soluble substances majorly used in a liquid form in several variants, including disperse, reactive, azo, vat, sulfur- and solvent-based colorants. In contrast, pigments are usually mixed with a dispersing agent that sticks the pigment onto the surface of the material.
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Market Trends
The rising demand for dyes and pigments in the chemical and pharmaceutical industries for several paint and coating applications is driving the market growth. In the textile sector, polyesters are colored using disperse dyes, while the cotton fabrics are dyed using vat, reactive and direct dyes. The expanding construction industry has propelled the adoption of dyes and pigments in dying pavers, concrete masonry, tiles, pipes, panels, and precast walls. They enhance the aesthetic value, opacity, and durability of the construction materials. Additionally, the growing environmental concerns, along with the emergence of organic dyes and pigments produced from plant-based compounds, are further propelling the market growth. Various product innovations, including the introduction of corrosion and ultraviolet (UV)-resistant variants, are also anticipated to drive the dyes and pigments market.
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The report has segmented the market on the basis of product type, application and geography.
Breakup by Product Type:
- Dyes
- Reactive Dyes
- Disperse Dye
- Sulfur Dye
- Vat Dye
- Azo Dye
- Others
- Pigments
- Organic
- Inorganic
Breakup by Application:
- Paints and Coatings
- Textile
- Printing Inks
- Plastic Coloring
- Construction Materials
- Others
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Altana AG (SKion GmbH), Atul Ltd., Bodal Chemical Ltd., Clariant AG, Cabot Corporation, Carl Schlenk AG, DIC Corporation, DuPont de Nemours Inc., Ferro Corporation, Flint Group GmbH, Huntsman Corporation Chemical Business (Indorama Ventures), Kronos Worldwide Inc. (Contran Corp.), Sudarshan Chemical Industries Limited, etc.
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021- 2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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