Dyes & Pigments Market is forecast to reach USD 48.78 Billion by 2027 | BASF SE, Clariant AG, DIC Corporation, Huntsman Corporation, Cabot Corp.

The global Dyes & Pigments Market is forecast to reach USD 48.78 Billion by 2027, according to a new report by Reports and Data. The growth of the market is anticipated to witness increased demand from various applications such as textiles, paints and coatings, construction, and plastics. Dyes and pigment producers are fully committed to upgrading their goods through the use of new technology to eliminate environmentally safe and harmful contaminants during processing safely.

The products are a critical part of the production process for electronic products. Increasing technical advancements in electronic devices production due to increasing market demand for high-tech goods are projected to fuel demand for the drug over the forecast period.

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This report covers the recent COVID-19 incidence and its impact on Dyes & Pigments. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

Companies considered and profiled in this market study

BASF SE, Clariant AG, DIC Corporation, Huntsman Corporation, Cabot Corp, Dupont De Nemours & Co., Kronos Worldwide Inc., Flint Group, EcKart GmbH, and Lanxess AG among others.

Scope of the study:

An extensive study of the product application and services conducted by subject matter experts assessing the Dyes & Pigments market will help product owners to make a wise decision. From analyzing which products companies should produce, expand to how brands should position their product the study covers all that business owners require meeting the buyers’ requirement. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment in the coming years.

For the purpose of this report, Reports and Data have segmented into the global Dyes & Pigments market based on the Dye Types, Pigments, Applications, and region:

Dye Types Outlook (Revenue, USD Billion; 2017-2027)

Acid Dyes
VAT Dyes
Disperse dyes
Reactive dyes
Direct dyes

Pigments Outlook (Revenue, USD Billion; 2017-2027)

Organic pigments
Inorganic Pigments
Titanium dioxide pigments

Applications Outlook (Revenue, USD Billion; 2017-2027)

Printing Inks
Textiles
Paper
Leather
Plastics
Paints & Coatings
Construction
Others

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Regional Outlook (Revenue in USD Million; 2016–2026)

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)

Further key findings from the report suggest

During the forecast period, the demand in the Asia Pacific is projected to see the highest CAGR. The construction industry, coupled with rapid industrialization and urbanization, rising disposable incomes of middle-class families in the region's developing economies, is expected to be the primary driving force in the coming years. Also, proper policy funding and programs, and increased government spending are driving the development of the region's construction industry. This, in turn, is anticipated to fuel product demand in the Asia Pacific region.

For plastics production for inorganic pigments is higher than organic. Due to their low dispersion, the natural dyes appear to form clumps, which further results in spots and specks in the finished product. Inorganic pigments are also preferred alternatives because they are readily dispersed. Titanium dioxide is the inorganic dye commonly used in the product category of plastics.

Dyes span a wide array of uses from textiles, organic LEDs, and LCD screens. Properties such as enhanced dyeing efficiency, physical / photochemical photographic properties, and increased durability to mitigate toxicity are expected to promote the growth of reactive and disperse dyes over the next few years.

Reasons to buy this market intelligence report

Detailed market evaluation both at regional and global levels.

Significant changes in market scenario, along with an extensive competitive analysis.

Classification of the industry based on product type, application, and region.

Market segments segregated on the basis of type, application, and geography.

Comprehensive analysis of the historical data and contemporary market scenario to infer industry size, volume, share, growth, and sales.

Investigation of significant developments in the market dynamics.

Niche market segments and regions.

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About Us:

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.

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