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Synthetic Dye And Pigment Market Size, Share, Regional Overview and Global Forecast To 2033
Synthetic Dye And Pigment Market Size
As per the report, the synthetic dye and pigment market size has grown rapidly in recent years. It will grow from $67.11 billion in 2023 to $73.91 billion in 2024 at a compound annual growth rate (CAGR) of 10.1%. The synthetic dye and pigment market size is expected to see strong growth in the next few years. It will grow to $105.18 billion in 2028 at a compound annual growth rate (CAGR) of 9.2%.
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Rising Digital Printing Demand Fuels Growth Of Synthetic Dyes And Pigments Market
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.
Textile Industry Embracing Eco-Friendly Dyes For Sustainable And Health-Conscious Production
Many textile companies are adopting eco-friendly dyes for producing textiles and fabrics. These companies do not use harmful dyes as they cause extensive damage to the environment and are known to cause skin allergies and respiratory diseases. Due to the positive environmental characteristics and low toxicity of eco-friendly dyes, many companies are moving toward eco-friendly organic dyes, though they are priced higher than inorganic dyes. Companies that manufacture eco-friendly dyes include DyStar, Huntsman, and Archroma.
The synthetic dye and pigment market covered in this report is segmented -
1) By Type: Synthetic Dye, Synthetic Pigments
2) By Dye Type: Acid Dye, Reactive Dye, Disperse Dye, Basic Dye, VAT Dye, Other Dye Types
3) By Pigment Type: Organic, Inorganic
4) 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
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Major companies operating in the synthetic dye and pigment market report are BASF SE, The Chemours Company, Tronox Holdings plc, Venator Materials PLC, Kronos Worldwide, Inc., Lanxess AG, Merck Group, Altana AG, Archroma Management LLC, DIC Corporation, SETAS, Sudarshan Chemical Industries Ltd., Jet-Mate Canada Inc., K. Sakai & Co. Ltd., Synthesia, Samixcolor S.P.A., Flint Group, PJSC Pigment, Atul Ltd., Cappelle, Taoka Chemical Co. Ltd., Toyo Ink SC Holdings Co., Kiri Industries Ltd., Chromatic India Ltd., Sun Chemicals, John Hogg & Co Ltd., Sciencedye, Ltd., Cathay Industries, Global Colors Z.A.O., Hangzhou Tiankun Chem Co., Meghmani Organics Ltd., Authentix, Qingdao Haiwan Specialty Chemicals Co., Asahi Songwon Colors Ltd., Union Colours, Yaroslavsky Pigment, Dominion Colour Corporation, Hangzhou Chungyo Chemicals, Sensient Technologies, Fitmor, Huntsman, Organic Dyes and Pigments LLC, Clariant International, NISHINO KINRYO CORPORATION, ECKART GmbH, Orion Colorchem Industries, Dainichiseika Color & Chemicals Mfg. Co., NOVACT Corporation, Mifal S.r.l., Abbey Color, Novyi Dom LLC, Heubach GmbH, Hikal Ltd., Arkema, National Industrialization Co.
Contents of the report:
1. Executive Summary
2. Synthetic Dye And Pigment Market Report Structure
3. Synthetic Dye And Pigment Market Trends And Strategies
4. Synthetic Dye And Pigment Market - Macro Economic Scenario
5. Synthetic Dye And Pigment Market Size And Growth
…..
27. Synthetic Dye And Pigment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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