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The global dyes and pigments market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
Dyes and pigments refer to various coloring agents used for adding colors to commercially used textiles, papers, leathers, rubbers and other beverages. Dyes are water-soluble substances that are majorly used in a liquid form on plastics, fabrics, leather, paper and wood products. Some of the commonly available variants include disperse, reactive, azo, vat, sulfur- and solvent-based dyes. On the other hand, pigments are coloring agents available in the form of small insoluble particles that disperse in liquid paint or ink. They are usually mixed with a dispersing agent that sticks the pigment onto the surface of the material.
Significant growth in the construction, chemical and pharmaceutical industries is one of the key factors creating a positive outlook for the market. Furthermore, widespread product adoption for paint and coating applications is also driving the market growth. For instance, in the textile industry, disperse dyes are primarily used to color polyesters, and cotton fabrics are colored using vat, reactive and direct dyes. The construction industry utilizes dyes and pigments for dying pavers, concrete masonry, tiles, pipes, panels and precast walls as they aid in enhancing the overall aesthetic appeal, opacity and durability of the products. Additionally, increasing environmental consciousness among the masses and the development of organic dyes and pigments are also contributing to the market growth. In comparison to the traditionally used petroleum-based inorganic dyes, natural variants are manufactured using plant-based compounds and carbon chains that do not cause pollution. This, along with various product innovations, such as the development of corrosion and ultraviolet (UV)-resistant variants, is projected to drive the market further.
Breakup by Product Type:
Breakup by Application:
Breakup by Region:
The report has also analysed the competitive landscape of the market with some of the key players being Altana AG (SKion GmbH), Atul Ltd., Bodal Chemical Ltd., Clariant AG, Cabot Corporation, Carl Schlenk AG, DIC Corporation, DuPont de Nemours Inc., Ferro Corporation, Flint Group GmbH, Huntsman Corporation Chemical Business (Indorama Ventures), Kronos Worldwide Inc. (Contran Corp.), Sudarshan Chemical Industries Limited, etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Product Type, Application, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Altana AG (SKion GmbH), Atul Ltd., Bodal Chemical Ltd., Clariant AG, Cabot Corporation, Carl Schlenk AG, DIC Corporation, DuPont de Nemours Inc., Ferro Corporation, Flint Group GmbH, Huntsman Corporation Chemical Business (Indorama Ventures), Kronos Worldwide Inc. (Contran Corp.) and Sudarshan Chemical Industries Limited|
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