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2023 Synthetic Dye And Pigment Market Size, Share, Industry Analysis And Forecast to 2032 | Top Major Key Players Are BASF SE, The Chemours Co, Tronox Inc., Kronos Worldwide Inc., DIC Corporation.
Synthetic Dye And Pigment Market
As per the Synthetic Dye And Pigment Market report by The Business Research Company, the synthetic dyes and pigments market is expected to be driven by the rapidly growing packaging industry. This is mainly due to increased demand for toiletries, food and beverages, healthcare, and other industries, particularly in emerging economies. Going forward, the market for synthetic dyes and pigments is expected to grow with the launch of high-quality digital printing applications on flexible packaging and labeling. Growing demand for digital printing due to the need for high-quality printing will lead to an increase in the demand for packaging printing, driving the synthetic dyes and pigments market.
The global synthetic dye and pigment market grew from $60.41 billion in 2022 to $65.66 billion in 2023 at a compound annual growth rate (CAGR) of 8.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The synthetic dye and pigment market is expected to grow to $89.65 billion in 2027 at a CAGR of 8.1%.
Read More On The Synthetic Dye And Pigment Market Report Here:
https://www.thebusinessresearchcompany.com/report/synthetic-dye-and-pigment-global-market-report
Major competitors in the Synthetic Dye And Pigment Market include BASF SE, The Chemours Co, Tronox Inc., Kronos Worldwide Inc., DIC Corporation, Kao Corporation, Lanxess AG, Merck KGaA, Ferro Corp, and Sudarshan Chemical Industries Limited.
The Synthetic Dye And Pigment Market is segmented -
By Type: Synthetic Dye, Synthetic Pigments
By Dye Type: Acid Dye, Reactive Dye, Disperse Dye, Basic Dye, VAT Dye, Other Dye Types
By Pigment Type: Organic, Inorganic
By Application: Textiles, Food and Beverages, Paints and Coatings, Cosmetics and Personal Care, Other Applications
Subsegments Covered: Disperse Dyes, Acid Dyes, Basic Dyes, Direct Dyes, VAT Dyes, Reactive Dyes, Other Dyes, Organic Pigments, Inorganic Pigments, Textile, Food & Beverages, Paper, Ink, Leather, Others, Paints & Coatings, Plastics, Printig Inks, Textile, Cosmetics & Personal Care, Others
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Synthetic Dye And Pigment Market.
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The synthetic dye is a chemical substance produced to add vibrant, stable colors to products such as soaps, shampoos and mouthwashes. The synthetic pigment is a carbon-based molecule made from petroleum compounds, acids, and other chemicals. The synthetic dye and pigments include lakes and toners (except electrostatic and photographic).
The Table Of Content For The Synthetic Dye And Pigment Market Include:
1. Executive Summary
2. Report Structure
3. Synthetic Dye And Pigment Market Characteristics
4. Synthetic Dye And Pigment Market Product Analysis
5. Synthetic Dye And Pigment Market Supply Chain
……
22. Key Mergers And Acquisitions In The Synthetic Dye And Pigment Market
23. Market Background: Chemicals Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer
The "Global Synthetic Dye And Pigment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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