Organic Dyes Market Size, Revenue Analysis, Industry Outlook, Forecast, 2027 | Top Key Players Altana Ag, Cathy Pigments Inc., DIC Crop, Clariant International Limited, etc
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The Materials and Chemicals sector encompasses a wide range of commodity-related manufacturing industries. Included in this sector are companies that manufacture chemicals, construction materials, glass, paper, forest products and related packaging products, and metals, minerals and mining companies, including producers of steel. Materials and chemicals are used across various end-use industries such as medical & pharmaceutical, food technology, manufacturing, among others. Increasing consumer awareness regarding energy-efficiency and growing need to reduce carbon emissions have prompted industry layers to produce goods in a manner that it has least impact on the environment.
Ongoing research and development activities to expand the application scope of materials and chemicals is a key driving factor for the industry growth. New product launches, technological advancements, rising demand for range of perfumes and soaps for daily use, and increasing automation in the industry have positively impacted industry expansion. The market growth is also driven by rising level of disposable income, preference shift, and recent collaborations in the market. Strong product demand across the packaging industry, food & beverage industry, oil & gas industry, personal care industry and increasing consumer inclination towards advanced sustainable products will foster the global market size in the coming years.
The COVID-19 impact:
As the COVID-19 crisis grows, manufacturers are quickly adopting safe strategy and techniques which are supposed to increase the demand for fertilizers, preferably as the market starts stabilizing. The primary effect is the constraints in logistics, as it is seen that the results are both bullish and bearish. The impact of COVID-19 is variable, depending upon the participants of the market and the locations. Getting skilled labor is also one of the restraints, which is a result of this pandemic. While looking at the supply side, most of the Indian domestic producers of organic dyes have reopened their plants post lockdown. In logistics, many countries are loosening the import-export policies post lockdown to resume to recover the loss due to this pandemic.
Key companies profiled in the report: Altana Ag, Cathy Pigments Inc., DIC Crop, Clariant International Limited, Sun Chemical Group, Cabot Crop, Lanxess AG, Rockwood Holdings, Huntsman International LLC, and BASE SE, among others.
Organic Dyes Segmentation:
Dyeing Process Outlook (Revenue, USD Billion; 2017-2027)
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Source Outlook (Revenue, USD Billion; 2017-2027)
Application Outlook (Revenue, USD Billion; 2017-2027)
Paints & coatings
Further key findings from the report suggest
Dyeing from natural sources is an ancient culture that continues today, but just the process has changed a little over time. As western culture is becoming more health-conscious, the demand for natural dyes is witnessing a resurgence.
The agricultural industry also uses organic dyes like coloring fertilizers, pond dyes, crop protection, and seed treatment, among others.
Paint and coatings are mainly for improving the material's physical appearance. These solutions are designed with keeping in mind the sustainability, cost-effectiveness, and performance criteria. The selection of colorant depends upon the type of surfaces. High-performance dyes and pigments are essential components for the protection of corrosion and heat to provide perfectly matched color shade as per choice.
The Asia Pacific holds the first position in the production of organic dyes. China is the first, and India is the second-largest producer of organic dyes across the world.
An acidic dye is generally applied in textiles at low pH. Some of the other uses include food colorings and staining organelles. China is the highest producer of acid dyes in the whole world.
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