Dyes and Pigments Market to grow by USD 12.98 billion from 2022 to 2027, Rising awareness about the use of organic and natural dyes drives the market - Technavio

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- The dyes and pigments market size is expected to grow by USD 12.98 billion from 2022 to 2027. In addition, the growth momentum of the market will be progressing at a CAGR of 5.66% during the forecast period, according to Technavio. Increasing demand for dyes and pigments from various industries is notably driving the dyes and pigments market. However, factors such as volatility in raw material prices may impede market growth. The market is segmented by product (Pigments and Dyes), end-user (Paints and coatings, Textiles, Printing inks, Plastics, and Others), and geography (APAC, North America, Europe, South America, and Middle East and Africa). The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request FREE Sample Report.

Rising awareness about the use of organic and natural dyes is notably driving the growth of the market. The surging popularity of organic and natural dyes can be attributed to their pronounced advantages, particularly their minimal adverse effects on human well-being. These dyes, sourced from renewable origins like plants, vegetables, and fruits, ensure their safety for application in products that come into direct contact with the human body. Furthermore, their environmental credentials offer an additional layer of appeal. A fascinating aspect of these dyes is their capacity to yield a broader spectrum of colors, adding to their allure. Notably, the beauty and cosmetics sector has welcomed the integration of organic and natural dyes into its formulations, proffering a safer and eco-friendly alternative to consumers. It follows that these compelling factors collectively contribute to an elevated demand for organic and natural dyes, consequently energizing the expansion of the global dyes and pigments market throughout the forecast period.

Dyes And Pigments Market 2023-2027: Company Analysis

We provide a detailed analysis of 20 companies operating in the dyes and pigments market including AGROFERT AS, Archroma Management GmbH, Atul Ltd., Cabot Corp., Clariant International Ltd., Dainichiseika Color and Chemicals Mfg. Co. Ltd., DIC Corp., Dow Chemical Co., Flint Group, Heubach GmbH, Huntsman International LLC, Kemira Oyj, Kronos Worldwide Inc., Lanxess AG, Pidilite Industries Ltd., Sudarshan Chemical Industries Ltd., Toyo Ink SC Holdings Co. Ltd., Venator Materials Plc, Vibrantz Technologies, and Zhejiang Longsheng Group Co. Ltd.

• Vibrantz Technologies: The company offers dyes and pigments such as Cu-Phthalo Blue, Pigment Red 146, Pigment Violet 23, and Pigment Yellow 83. This report provides a full list of key companies, their strategies, and latest developments. Buy Now for detailed company information

Dyes And Pigments Market 2023-2027: Segmentation

• Product

The pigments segment is estimated to witness significant growth during the forecast period. Pigments play a pivotal role in presenting vibrant and enduring hues to paints. Their transformative impact enhances surface aesthetics, bolsters resilience against weathering and fading, and contributes substantively to the overall durability of paint compositions. Organic pigments, originating from organic compounds, are renowned for their capacity to infuse paints with vivid and dynamic colouration. On the other hand, inorganic pigments trace their origins to minerals and lack organic components. These inorganic counterparts are renowned for their impressive heat resistance, robust stability, and enduring durability. This distinctive set of attributes underlines the unique value proposition of inorganic pigments in various applications. Collectively, these factors are poised to catalyze a heightened demand for pigments, consequently propelling the expansion of the market throughout the forecast period.

• Geography 

Europe is estimated to account for 36% of the global market during the forecast period. Rapid industrialization, growing urbanization, and the growing demand for various end-user products are the major factors driving the growth of the market in this region. Countries such as China, India, and Japan have invested heavily in developing advanced manufacturing capabilities, allowing them to produce high-quality dyes and pigments at competitive prices.

Challenge - The rise in health and safety concerns due to synthetic dyes and pigments restricts the growth of the market. Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View FREE PDF Sample Report

Dyes And Pigments Market 2023-2027: Key Highlights

• Historic Market Size 2017-2021
• CAGR of the market during 2023-2027
• Detailed information on factors that will assist dyes and pigments market growth during the next five years
• Estimation of the composite rebar market size and its contribution to the parent market
• Forecasts on upcoming trends and changes in consumer behaviour
• The growth of the dyes and pigments market
• Analysis of the competitive landscape and detailed information on companies
• Comprehensive details of factors that will impede the growth of dyes and pigments market companies

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Executive Summary

Market Landscape

Market Sizing

Historic Market Sizes

Five Forces Analysis

Market Segmentation by Product

Market Segmentation by End-user

Customer Landscape

Geographic Landscape

Drivers, Challenges, & Trends

Company Landscape

Company Analysis

Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio