Chemical Agricultural Colorants Market Insights, Demand, Scope and Growth Outlook Till 2025

The report titled "Global Chemical Agricultural Colorants Market" provides an in-depth analysis of the key development strategies and market trend dynamics which includes drivers, challenges, and opportunities prevailing in the industry. The report provides an extensive insight into various forms of developments, trends and key participants.

Study Scope
The global Chemical Agricultural Colorants market is valued at 368.5 million US$ in 2020 is expected to reach 380.4 million US$ by the end of 2026, growing at a CAGR of 0.5% during 2021-2026. This Report presents historical demand data for 2014-2019, and forecasts for 2020-2025 by product (e.g., Dyes, Pigments), Applications (Seed Treatment, Fertilizers, Crop Protection, Other).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles major industry competitors, including Sun Chemical, BASF, Clariant, Keystone Aniline(Milliken), Chromatech Incorporated, Sensient Technologies, Aakash Chemicals, Organic Dyes and Pigments, AgriCoatings, ArrMaz, Retort Chemicals, ER CHEM COLOR.

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Chemical Agricultural Colorants Market segment by Regions/Countries, this report covers:
United States
Europe
China
Japan
Southeast Asia
India
Central & South America

Chemical Agricultural Colorants are mainly produced in North America, Europe. In 2016, North America is the largest production region, with a production share of 41%. North America and Europe are separately produced 16 K MT and 12 K MT in 2016. China production was 3.2 K MT, with a share of 8.3%.

In global market, there are many manufacturers producing chemical agricultural colorants. They usually purchase raw material from other chemical companies. While in North America and Europe, manufacturers mostly produce raw materials by themself. As for downstream application, in North America and Europe, chemical agricultural colorants producers also produced seed coating agent with their own products. Most manufacturers in North America and Europe have formed a complete industrial chain, from raw material supply to downstream consumption.

Chemical Agricultural Colorants industry concentration is high. Owing to the special performance of Chemical Agricultural Colorants, downstream demand for it has been increasing from 2012 to 2016.

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INDUSTRY NEWS
-BASF launches new global pigments brand (REF- https://www.basf.com/us/en/media/news-releases/2016/06/P-US-16-080.html)
BASF announced today the launch of its Colors & Effects brand, bundling BASF's global pigments business. The new brand encompasses BASF's distinct colorants and pigments portfolio, and serves customers across five key industries, including coatings, plastics, printing, cosmetics, and agriculture.

-DIC to acquire BASF's global pigments business (REF- https://www.basf.com/global/en/media/news-releases/2019/08/p-19-312.html)
BASF and the fine chemical company DIC have reached an agreement on the acquisition of BASF's global pigments business. The purchase price on a cash and debt-free basis is EUR1.15 billion. The transaction is expected to close in the fourth quarter of 2020. The divestiture is subject to the approval of the relevant competition authorities.
"We have achieved our goal to find an owner who considers pigments a core strategic business," says Dr. Markus Kamieth, member of the Board of Executive Directors of BASF SE, responsible for the Industrial Solutions segment. "DIC pursues ambitious growth plans and has announced to further develop the business in the coming years. We are convinced that the pigments business will be able to unfold its full potential within DIC."

WHAT ARE THE MARKET FACTORS THAT ARE EXPLAINED IN THE REPORT?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Chemical Agricultural Colorants Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply-chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.