Dyes are the intensely colored or flaming organic materials, which are naturally colored and imparts color to a substrate by absorption of light. Pigment is a chemical material, which alters the color of the transmitted or reflected light due to wavelength-selective absorption. Dyes and pigments are the substances used as colorants across industries, such as textile, leather, paints, construction and plastics, among others.
Production of a range of bio-based dyes and pigments is anticipated to remain a prominent trend, to align with the growing need of environment friendly and sustainable products from the respective end-use industries.
Dyes and pigments are used in multiple applications in plastics, construction, textile, printing inks, and paints & coatings. The paints and coatings industry is expected to witness prominent growth due to growing infrastructural projects across the globe, directly influencing the demand for dyes and pigments market.
Increasing demand for high-performance pigments (HPP) across various end-use industries, due to their long lasting characteristics, is expected to propel the demand for dyes and pigments market. Owing to increased environmental awareness among a larger section of population, many manufacturers are focusing on development of bio-based dyes and pigments.
Due to growing initiatives focused on controlling global warming and the impact of climate change, this trend is expected to remain prominent moving forward. The increasing population is expected to play a prominent role in driving the demand for apparels globally, which is anticipated to propel the demand for dyes and pigments market from the textile sector.
Bio based dyes and pigments reduce industrial water pollution, a common problem in dyes and pigments industry, and hence has been gaining prominence among many end use industries.
Growing demand for digital ink in apparel printing and growing awareness and use of bio plastic products are further driving the demand for the dyes and pigments. Raw material price volatility and environmental concerns are some of the key factors that are anticipated to restraint growth of the dyes and pigments market.
Dyes and pigments market is gaining momentum in developing countries such as China and India, due to the rising population and the eventual rise in textile and other end use industries. Developed regions such as Europe (countries like U.K and Germany) and North America have prominent market share however the growth in these regions is expected to be moderate due to a matured dyes and pigments market.
The increasing construction spending across Asia Pacific is expected to drive the paints and coatings demand, which is anticipated to shape the demand for the dyes and pigments market. The Middle East & Africa dyes and pigments market is likely to witness moderate growth as compared to other regions owing to steady demand from the textile, construction and paints & coatings industries.
Globally, the dyes and pigments market is found to be highly fragmented in nature owing to the presence of a large number of local and regional players
List of some of the prominent market participants in dyes and pigments market are:
“The research report on Dyes and Pigments market presents a comprehensive assessment of the market and contain thoughtful insights, facts, historical data, and statistically supported and industry-validated market data.
The Dyes and Pigments market report also contains projections using a suitable set of assumptions and methodologies. The research report on Dyes and Pigments market provides analysis and information according to market segments such as product type, and application.
The Dyes and Pigments market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The Dyes and Pigments market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Dyes and Pigments market report also maps the qualitative impact of various market factors on market segments and geographies.
The dyes and pigments market can be segmented on the basis of product type, and application.
On the basis of product type, the dyes and pigments market can be segmented as follows:
On the basis of application, the dyes and pigments market can be segmented as follows:
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