Global Bio based Pigments and Dyes Market Estimated to Soar Higher During 2018 to 2028 | Major players- Pili, Stony Creek Colors, Sea colors, Treffert, Clariant, Horizon Research Lab
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Bio based Pigments and Dyes Market: Dynamics
Due to the natural safety and inherent value, bio based pigments and dyes have found their key role in pharmaceutical, cosmetics, food and beverage industry. As these industries are growing steadily with good pace, there is increase in demand for Bio Based Pigments and Dyes in the market. Demand for bio based pigments and dyes remains concentrated in the textile industry. Growing population is leading to increase in the consumption of apparels globally which is helping textile industry’s growth to escalate which in turn leads to up rise in bio based pigments and polymer market. Besides the textile industry bio based pigments and dyes continue to find their application in the ink industry as well as bio plastic industry. Up rising demand for ink along with increasing awareness and use of bio plastic has boosted the growth of bio based pigments and dyes. As it is estimated that bio based pigments and dyes will reduce the industrial water pollution, which in turn has set trend for bio based pigments and dyes across the industries. Algae blooms in the water bodies have further led to eutrophication which is concern to the environment, which might act as a denting factor for Bio Pigments and Dyes Market.
Bio based Pigments and Dyes Market: Segmentation
Global bio based pigments and dyes market can be segmented on the basis of its production by using:
Plant origin material
Global bio based pigments and dyes market can be segmented on the basis of its application in industries which are:
Pens and Inks
Food and Beverage
Bio based Pigments and Dyes Market: Regional Outlook
Bio based pigments and dyes which are widely used in textile industries, the growth of textile industries are escalating across the globe. Bio based pigments and dyes are getting attraction in countries such as India and China, the primary reason for growth is increasing population and increase in consumption of apparels. Developed regions like North America, Japan and Europe (countries like Germany and France) have considerable market share but the growth in these regions is steady due to matured market place. Regions like MEA, LA and SEA and other APAC countries especially Australia have less market share but are the potential market for bio based pigments and dyes. Growth of pharmaceutical and food industries is likely to remain sluggish in the regions like North America & Europe. However, growth of the pharmaceutical and food industries is expected to remain positive in the regions such as MEA and several countries in Asia particularly China and India, increasing use of bio based pigments and dyes in pharmaceutical and food industry makes these regions will represent a strong market zones for bio based pigments and dyes.
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Bio based Pigments and Dyes Market: Key Participants
Global key participants in bio based pigments and dyes market are:
Stony Creek Colors
Horizon Research Lab
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
The report covers exhaustive analysis on:
Supply & Demand
Current Trends and Issues and Challenges
Competition & Companies involved
Regional analysis includes
South East Asia and Pacific
Middle East and Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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