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). The study analyses the market in terms of revenue across all the major regions, which have been bifurcated into countries. New statistical study of Dyes And Pigments Market has been published by Absolute Markets Insights. Primary and secondary research techniques have been used to give an effective and accurate data to make an informative decision in the businesses. According to research report, this Dyes And Pigments market is expected to reach CAGR by the end of this year. It is aggregated on the basis of several key factors, such as classification, specification, and applications of Dyes And Pigments industries. This gives a detailed description about dynamic aspects of the businesses, such as shares, profit margin, and revenue that helps to give a basic idea of business structure.
Top Key Players includes: 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. amongst other market participants.
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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.
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. Printing textiles with pigments and dyes uses very little water and are effective over traditional methods.
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.
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 Americ
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