Press release
Dyes and Pigments Market Future Outlook 2026 Profiling Major Key Players Clariant AG, BASF SE, DIC Corporation Kiri Industries Ltd.
Dyes and Pigments
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Pigment is organic or inorganic powdered solid which is insoluble. Pigments offer excellent characteristics such as good baking stability, excellent solvent resistance, easily dispersible nature, high tinting strength, and consistent unique shades. Pigments are also used in paints that are used for decorative and protective coatings. These are also used in coloration of various plastics such as polyvinyl chloride (PVC), acrylonitrile-butadiene-styrene resins (ABS), urea-formaldehyde (U-F), nylons, and rubber.
Reactive dyes are specialty dyes of highly colored organic substances, which have primary application in tinting of textiles. Due to the reactive nature, these dyes tend to attach themselves to the fabric surface by a chemical reaction, thus forming a covalent bond between the molecule of dye and fiber. Acid dyes exhibit characteristics such as anionic nature, which makes them suitable for wool, modified acrylics polyamide, and silk. Titanium dyes are used in industrial paints, printing inks, powder coatings, construction industry rubber, gloss tinting bases, enamels, paints and coatings, and in various plastic applications. The extensive range of application of titanium dyes is attributed to its properties such as low oil absorption and excellent tint strength. This in turn, contributes to demand for dyes and pigments, thus fueling growth of the dyes and pigments market.
Dyes and Pigments Market Outlook – Growth of Textile Industry Expected to Amplify Demand
Dyes and pigments are extensively used in the textile and automotive industries. Growing automobile and textile industries are expected to increase the demand for dyes and pigments. Asia Pacific is expected to be a major contributor for growth of the dyes and pigments market. Rapidly growing textile industry in the emerging economies such as India and China is one of the major factors contributing to the growth of the market in the region. According to India Brand Equity Foundation (IBEF), during FY 2015-16, the textile industry in India employed around 40 million workers and exported textile products worth US$ 40 billion. This, in turn, has augmented growth of the dyes and pigments market in the region.
Some of the major companies operating in the dyes and pigments market are Clariant AG, BASF SE, DIC Corporation Kiri Industries Ltd., Atul Limited, Sudharshan Chemical Industries Limited, Huntsman Corporation, Kronos Worldwide, Inc., Lanxess AG, and Tronox Limited.
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