Global Dyes and Pigments Market showed crucial growth in the recent years and is anticipated to witness a steep rise by generating an estimated revenue of USD xx.xx over the forecast period. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.4% during the forecast period, i.e. 2017-2025. The dyes and pigments are compounds that are responsible for imparting color to a material.  They are used across various industries such as printing, textile, automotive, and others. The global dyes and pigments market is expected to grow over the forecast period, owing to their increased demand by industries for apparel dying, protective coatings, and others.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global dyes and pigments market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global dyes and pigments market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Market Dynamics

The global dyes and pigments market is anticipated to witness a steep rise during the forecast period, due to expanding construction, printing and automobile industries. According to the Select USA, a government-wide program led by the U.S Department of Commerce,  the sale of U.S. light vehicles reached 17.1 million units , due to increased demand of light-vehicles , coupled with increased production of  automobiles. With the growth in textile industry across emerging economies such as China and India, due to rising population, coupled with increased governmental support, is accelerating the growth of dyes and pigments market. For instance, according to India Brand Equity Foundation (IBEF), Amended Technology Up-gradation Fund Scheme for textile industry, which is a scheme of Indian government to support “Make in India ”campaign,  is expected to generate 35 lakh jobs, along with enabling  investments of US$ 14.17 billion by 2022. However, increasing environmental concern due to harmful effects of dyes and pigments, coupled with rising regulatory restrictions on production of dyes and pigments is expected to restrain the global dyes and pigments market.

Segment Analysis

Reactive dyes segment is expected to hold the major market share during the forecast period, due to their increased demand by textile industry, coupled with the presence of a wide range of reactive dyes such as highly exhaust reactive dyes, cold band reactive dyes and others. The rise in demand of reactive dyes in textile industry is due to their excellent covalent bonding properties with fabrics such as cotton, wool, nylon, and others. Moreover, disperse dyes market is also anticipated to grow during the forecast period owing to their increased use in dying synthetic fabrics.

Inorganic pigments in dyes and pigment market is projected to grow significantly over the forecast years, due to their rising commercial demand by various industries such as automotive, packaging, cosmetics, and others. Among inorganic pigments, Titanium dioxide is anticipated to dominate the market due to their high light fastness, anti-corrosive nature, excellent fluorescent effect and thermal stability. Among organic pigments, Azo compounds are projected to witness continuous growth over the forecast period, due to their high demand in textile and food industry.  The lesser complexity associated with the production of Azo pigments, coupled with low cost of raw materials such as Sodium nitrate, HCL, and water is expected to escalate the growth of azo pigments market.

Textile industry is expected to generate major revenue share over the forecast period, due to rising population and increased consumption of clothing, especially in Asian countries such as China and India. According to The Textile Association (India), more than 40% of the global production of textiles and clothing is in India and China. Widely expanded textile and clothing market in Europe is expected to drive the growth of global dyes and pigments market in the region. According to European Commission (EU),  the clothing and textile sector of Europe accounts for a 3% share of value added and a 6% share of employment in total manufacturing in Europe. Increased consumption of protective dyes and pigments by automotive industry is anticipated during the forecast period, due to their weather-resistance, and anti-corrosive properties.

Regional Analysis

The global dyes and pigments market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Asia Pacific is expected to dominate the dyes and pigments market during the forecast period, due to increasing population, coupled with increased urbanization activities. With the expansion in construction and infrastructure sectors in India and China, coupled with increased governmental support to construction industry is expected to accelerate the demand for advanced paint and coatings materials in the region. As per Indian Brand Equity Foundation (IBEF), Indian government plans to invest around US$ 1 trillion in the development of construction and infrastructure sectors during the 12^TH Five year program.

Global Dyes and Pigments Market Size, Share Analysis By Region 2017

Europe is expected to grow significantly over the forecast period, due to expanding automotive industry in Germany, which has led to increased demand of protective coating materials for automobiles. According to Germany Trade and Invest, around 5.5 million passenger vehicles were produced in Germany, in the year 2017. Middle East and Africa is projected to health growth in the global market in 2018 and will expand at the highest CAGR during the forecast years.

Global Dyes and Pigments Market Study Objective

1. To forecast the market size of dyes and pigments market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of dyes and pigments market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of dyes and pigments market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of dyes and pigments market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the dyes and pigments market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

The numerous players operating in the global dyes and pigments market include Huntsman Corporation, Lanxess AG, Sudarshan Chemical Industries, Tronox Limited, BASF SE, Kronos Worldwide Inc., Clariant AG, DIC Corporation, CPS Color AG, and Merck Group. The key players in dyes and pigments market are focusing on merger and acquisition activities to expand their global reach and to strengthen their product portfolio. For instance, in April 2018, LANSCO Colours and Dominion Colour Corporation (DCC) has announced their merger in order to fortify their product portfolio and to enhance their global presence.

Global Dyes and Pigments Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.