Dyes and Pigments Market Analysis

Product {Dyes (Reactive, Vat, Acid, Direct, Disperse), Pigments (Organic, Inorganic)}

The global dyes and pigments market is segmented and analyzed for demand and supply by application into dyes and pigments. Out of the two types of application, the dyes segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the rising demand for dyes to impart colors to paper, leather, textile and others. The dyes segment is further segregated into printing inks, textiles, paper, leather, and others. Out of these, the textiles segment is attributed to garner the highest market share in the forecast period, owing to the huge production of textile fibers owing to high demand from various end-use industries. According to recent data, the worldwide production volume of textile fibers rose from 100 thousand metric tons in 2017 to 110 thousand metric tons in 2020.

Application {Dyes (Printing Inks, Textiles, Paper, Leather), Pigments (Plastics, Paints & Coatings, Construction, Printing Inks)}

Furthermore, the global dyes and pigments market is also segmented and analyzed for demand and supply by application into dyes and pigments. The pigments segment is expected to garner the second largest share in the market over the forecast period. The pigment segment is estimated to grow on the back of its higher adoption rate owing to the its excellent properties such as, high chemical, wetness, abrasion, and light resistance, free-mixing, small particle size, and others. Moreover, the pigment segment is additionally bifurcated into plastics, paints & coatings, construction, printing inks, and others, out of which, paint & coating are projected to witness exponential growth over the forecast period. As of 2021, the demand for industrial coating was projected to hit around USD 100 billion which is further expected to grow exponentially as the construction of buildings rise.

Our in-depth analysis of the global market includes the following segments:

By Product

Dyes

Reactive
Vat
Acid
Direct
Disperse
Others

Pigments

Organic
Inorganic

By Application

Dyes

Printing Inks
Textiles
Paper
Leather
Others

Pigments

Plastics
Paints & Coatings
Construction
Printing Inks
Others

Frequently Asked Questions (FAQ)

Rise in the construction industry and are boom in the paint and coatings industry the major factors driving the market growth.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023-2033.

Frequent changes in regulatory standards are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are DIC Corporation, Sudarshan Chemical Industries Limited, Atul Ltd, BASF SE, Huntsman International LLC, Cabot Corporation, Tronox Holdings plc, DuPont de Nemours, Inc., Kronos Worldwide, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by product, application, and by region.

The dyes segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

Dyes and Pigments Market Analysis