Paper Dyes Market Increasing Demand by Key Players - BASF SE, Archroma, Atul Ltd., Dystar, Kemira OYJ, Axyntis Group, Cromatos, Keystone Aniline, Organic Dyes and Pigments (ORCO), Synthesia, Standard Colors, Thermax, Vipul Organics and Others

The Global Paper Dyes Market is expected to reach USD 1,121.4 billion by 2025, from USD 895.0 million in 2017 growing at a CAGR of 3.5% during the forecast period of 2018 to 2025.

The increasing demand for paper dyes for applications such as coated paper, writing & printing paper, decorative papers, and packaging boards is driving the paper dyes market. The global paper dyes market is witnessing a shift in consumption and production capacity from developed markets to emerging markets due to factors such as economic growth rate, growing manufacturing industries, cheap labor, and easy availability of raw materials.

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Some of the major players operating in the global paper dyes market are – BASF SE, Archroma, Atul Ltd., Dystar, Kemira OYJ, Axyntis Group, Cromatos, Keystone Aniline, Organic Dyes and Pigments (ORCO), Synthesia, Standard Colors, Thermax, Vipul Organics, Alliance Organics, Bhanu Dyes, Burboya AS, Chromatech Incorporated, Krishna Industries, Kolor Jet Chemical Kevin India, Orion Colorchem Industries, Red Sun Dye Chem, Shreem Industries, Sterling Pigments & Chemicals, Seta Color Center, Satyawati Chemicals, Victor Color Industries, Yogesh Dyestuff Products and many more.

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The global paper dyes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of paper dyes market for global, Europe, North America, Asia Pacific and South America.

Rising demand for paper dyes in the Asia Pacific is driving the paper dyes market. The paper dyes market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period, which can be attributed to the easy availability of raw materials, growing industry alliances, and less stringent regulations for the manufacturing of paper dyes.The Asia Pacific is a strategic location for paper dyes manufacturers, as global economic slowdown has encouraged several established manufacturers to expand their manufacturing facilities in the region and, thus, increase their sales.

The growth of the Asia Pacific market is expected to be driven by China, India, and Japan. Key manufacturers of paper dyes are focusing on expanding their base in the Asia Pacific region to increase their market shares and enhance profit margins.

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