Press release
Dyes and Pigments Market Set to Reach US$ 38 Billion by 2031 with 3% CAGR Growth
Worldwide demand for dyes and pigments is projected to grow at a Compound Annual Growth Rate (CAGR) of 3% from 2021 to 2031. The global dyes and pigments market size is anticipated to reach at US$ 38 billion by the year 2031.Dyes and pigments are substances used to add color to materials. Dyes dissolve and chemically bond with materials like fabric or paper, giving bright, even coloration. They're excellent for transparent materials and high-volume applications like textiles. On the other hand, pigments are tiny particles mixed with a binder, forming a layer on surfaces. These are suitable for paints, inks, and plastics, providing durable color. Pigments resist fading and are versatile in different mediums.
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The growth of the dyes and pigments market is primarily being propelled by a surge in demand for environmentally friendly and sustainable coloring solutions. Additionally, the expanding applications in sectors such as healthcare and cosmetics are broadening the market's reach.
Market Competition
In this highly competitive market, major industry participants focus on tailoring color schemes and product offerings to meet the specific needs of individual end-users.
Prominent dyes and pigments industry companies include:-
Atlanta AG
Asahi Songwon Colors Ltd.
Atul Ltd.
BASF SE
Cathay Industries USA
Clariant AG
DIC Corp.
DyStar Singapore Pte. Ltd.
Ferro Corp.
Sun Chemical Corporation
Synthesia SA
Sudarshan Chemical Industries Ltd.
Huntsman Corp.
LANXESS AG
Kronos Worldwide Inc.
Kiri Industries Ltd.
Tronox Inc.
Merck KGaA
Flint Group
More Valuable Insights on Offer
Fact.MR, in its new offering, presents an unbiased analysis of the global Dyes and Pigments Market, presenting forecast statistics for the period of 2023-2033.
Dyes and Pigments Market Share & Trends Analysis By Classification (Disperse, Reactive, Sulphur Dyes and Pigments) By Application (Textile, Ink & Paint, Leather & Paper Dyes and Pigments) & By Region
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