Chemical

According to a market report by Lucintel, the future of the global dye and pigment market looks promising with opportunities in the textile, paint & coating, plastic, leather, paper, construction, and printing ink markets. The global dye and pigment market is expected to reach an estimated $47.8 billion by 2028 with a CAGR of 4.8% from 2023 to 2028. The major drivers for this market are growing consumer awareness on the side-effects of inorganic pigments, rising demand for high-performance pigments (HPP) across various end use industries, along with increasing environmental concerns to change the policy around the globe.



In this market, dyes (reactive dyes, disperse dyes, VAT dyes, direct dyes, and acid dyes) and pigments (titanium oxide, inorganic oxide, and organic pigments) are the different segments of dye and pigment market by type. Lucintel forecasts that reactive dyes will remain the largest segment over the forecast period owing to its availability in various colors along with growing demand of these dyes as wool and nylon colorants.



Within this market, paint & coating segment will remain the fastest-growing segment due to the increasing construction and infrastructure activities and growing demand of decorative and architectural coatings across the globe.



APAC will remain the largest region over the forecast period due to the rising textile industry in China and India, and availability of a cheap labor force and raw material in the region.

BASF, Clariant, Sudharshan Chemical Industries, Huntsman, Kiri Industries, Kronos Worldwide, Lanxess, Tronox, and DIC Corporation are the major suppliers in the global dye and pigment market.  



Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global dye and pigment market by type, application, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Dye and Pigment Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global dye and pigment market by type, application, and region, as follows:

This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at helpdesk@lucintel.com.

 

Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

 

Q.1. What are some of the most promising, high-growth opportunities for the global dye and pigment market by type (dyes (reactive dyes, disperse dyes, VAT dyes, direct dyes, acid dyes, and others) and pigments (titanium oxide, inorganic oxide, and organic pigments)), application (textiles, paints & coatings, plastics, leather, papers, construction, printing inks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?