Dyes and Pigments Market Size to Hit USD 54.64 Billion by 2026; Increasing Production of Printing Ink Worldwide to Favor Market Growth: Fortune Business Insights™

India - English

Key Companies Profiled are KRONOS Worldwide, Inc., DuPont, Atul Ltd, Sudarshan Chemical Industries Limited, DIC CORPORATION, Kiri Industries Ltd., Cabot Corporation, Huntsman International LLC., Clariant, BASF SE, among others

News provided by

Fortune Business Insights

May 11, 2020, 05:30 ET

PUNE, India, May 11, 2020 /PRNewswire/ -- The global dyes and pigments market size is projected to reach USD 54.64 billion by 2026, exhibiting a CAGR of 4.9% during the forecast period. Increasing demand for ink for diverse applications will be a central growth driver for this market, shares Fortune Business Insights™ in its report, titled "Dyes and Pigments Market Size, Share & Industry Analysis, By Type (Dyes, {Reactive, Disperse, Vat, Acid, and Others}, and Pigment {Inorganic, and Organic}), By End-use Industry (Textiles, Leather, Paper, Paints & Coatings, Plastics, Printing Inks, and Others), and Regional Forecast, 2019-2026". Inks are essentially liquids that are made from dyes and pigments and serve a variety of purposes such as writing, printing, and tattooing. They are also used to prevent anti-counterfeiting activities. For instance, special inks are manufactured for printing currency notes, which react with the cellulose in the paper and produce inimitable colors and textures, making it almost impossible to replicate.

Dyes & Pigments Market Analysis, Insights and Forecast, 2015-2026

Furthermore, advanced ink-based liquids are being extensively employed in 3D printing operations. Many companies are using these liquids on small- and medium-scale to manufacture customized spare parts for machines, gourmet food products, and prosthetics. Thus, widening the applicability of inks and ink-based liquids and pastes will lead the Dyes and Pigments market trends in the forthcoming years.

Worldwide COVID-19 Impact Analysis:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. Some industries are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

To Get Sample PDF with "Short-Term and Long-Term Impact Of COVID-19" On Dyes and Pigments Market, Please Visit: https://www.fortunebusinessinsights.com/enquiry/covid19-impact/dyes-pigments-market-102333

As per the report, the market value stood at USD 37.76 billion in 2018. Additionally, the report contains the following information:

A thorough study of the various market drivers and restraints;
Precise projections of the upcoming market trends;
Panoramic overview of the industry outlook;
Careful segmentation of the market; and
In-depth analysis of the regional dynamics and competitive landscape of the market.

Market Driver

Rapid Urbanization Worldwide to Fuel the Market

The Dyes and Pigments market growth is premised on the fact that there is a rising demand for these ingredients in the paints and coatings industry. The growth of this industry is based on the escalating demand for these materials from the residential and commercial spaces across the globe. One of the major factors causing the proliferation of such spaces is rapid urbanization around the world.

According to the UN Department of Economic and Social Affairs (DESA), roughly two-third of the global population will be living in urban areas by 2050, jumping by 13% from the current levels. More importantly, around 90% of this jump will be witnessed in the developing nations of Africa and Asia, where the process of urbanization is getting further intensified by steady economic growth. As a result, expansion of residential and commercial areas in these countries will stoke the demand for Dyes and Pigments during the forecast period.

Regional Analysis

Asia-Pacific to Offer Promising Growth Prospects for the Market

With a market size of USD 15.05 billion in 2018, Asia-Pacific is set to dominate the Dyes and Pigments market share in the coming years. The main factor propelling the market in this region is the expanding middle-class in India and China, which is increasingly demanding higher value textiles, plastics, and other products, thereby augmenting the uptake of dyes and pigments. Furthermore, countries in Asia-Pacific, mainly China, India, Bangladesh, and Vietnam, lead the world production of textiles and with greater investments in the textile industry, their production capacity has risen substantially in the past few years. With the majority of these products being exported to Europe and North America, the demand for dyes and pigments is surging in the developed countries.

Get Detailed Summary of this Research with TOC: https://www.fortunebusinessinsights.com/dyes-pigments-market-102333

Competitive Landscape

Major Players to Employ Position Strengthening Mechanisms

According to the Dyes and Pigments market analysis, key players are singularly focusing on solidifying their position in this market through the widening of product portfolio and investment in R&D activities. Another strategy that is being favored by companies is mergers and acquisitions in an attempt to broaden their business horizons.

Industry Developments:

September 2019: DIC Corporation, the Japanese chemical company, completed its successful takeover of the Germany-based BASF's pigments business division, BASF Colors & Effects (BCE). DIC's aim behind this acquisition to widen its pigment portfolio for cosmetics, plastics, inks, and electronic displays, among others, and lead the global pigment industry.
May 2018: The Swiss specialty chemicals major Clariant unveiled Ink Jet Orange GR VP6102 and Ink Jet Magenta E-S VP6057, its two innovative inkjet ink pigments, at the FESPA 2018 in Berlin. These products can be used in solvent-, UV-, and water-based inks and can be applied in outdoor and indoor settings with equal efficacy.

List of Key Companies Operating in the Dyes and Pigments Market are:

KRONOS Worldwide, Inc.
DuPont
Atul Ltd
Sudarshan Chemical Industries Limited
DIC CORPORATION
Kiri Industries Ltd.
Cabot Corporation
Huntsman International LLC.
Clariant
BASF SE

Quick Buy - Dyes & Pigments Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/102333

Detailed Table of Content:

Introduction

Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions

Executive Summary
Market Dynamics

Market Drivers
Market Restraints
Market Opportunities

Key Insights

Key Emerging Trends – For Major Countries
Key Developments: Mergers, Acquisition, Partnership, etc.
Latest Technological Advancement
Insights on Regulatory Scenario
Porters Five Forces Analysis

Global Dyes & Pigments Market Analysis, Insights and Forecast, 2015-2026

Key Findings / Summary
Market Analysis, Insights and Forecast – By Type

Dyes

Reactive
Disperse
Vat
Acid
Others

Pigments

Inorganic
Organic

Market Analysis, Insights and Forecast – By End-Use

Dyes

Textiles
Leather
Paper
Paints & Coatings
Plastics
Others

Pigments

Printing Inks
Paints & Coatings
Plastics
Others

Market Analysis, Insights and Forecast – By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

TOC Continued…!!!

Get your Customized Report: https://www.fortunebusinessinsights.com/enquiry/customization/dyes-pigments-market-102333

Have a Look are Related Research Insights:

Paints and Coatings Market Size, Share & Industry Analysis, By Resin (Epoxy, Acrylic, Polyester, Alkyd, PU, and Others), By Technology (Waterborne, Solvent Borne, Powder Coating, and Others) By Application (Architectural, Automotive OEM, Marine, Coil, General Industries, Protective Coatings, Automotive Refinish, Industrial Wood, and Others), and Regional Forecast, 2019 – 2026

Paints and Coatings Additives Market Size, Share & Industry Analysis, By Type (Dispersing Agent, Rheology Agent, Leveling Agent, Anti-foaming Agent, Adhesion Promoting Agent, and Others), By Application (Automotive, Architectural, Wood, Industrial, and Others), and Regional Forecast, 2019-2026

Adhesives and Sealants Market Size, Share & Industry Analysis, By Adhesive Technology (Water-Based, Solvent-Based, Hot-Melt), By Adhesive Application (Paper & Packaging, Building & Construction, Woodworking, Consumer/DIY, Automotive & Transportation), By Resin (Silicone, Polyurethane, Plastisol, Emulsion, Polysulfide), By Sealant Application (Building & Construction, Automotive & Transportation), and Regional Forecast, 2019-2026

Powder Coatings Market Size, Share & Industry Analysis, By Resin (Thermoset (Epoxy Polyester, Polyester, Epoxy, Polyurethane, Acrylic, and Others), and Thermoplastic (Polyvinyl chloride (PVC), Nylon, Polyolefin, and Polyvinyl Fluoride (PVF))), By Coating Method (Electrostatic Spray, Fluidized Bed, and Others), By Application, and Regional Forecast, 2019-2026

3D Printing Materials Market Size, Share & Industry Analysis, By Type (Plastics, Metals, Ceramics, and Others), By End-Users (Automotive, Aerospace & Defense, Industrial, Medical, and Others), and Regional Forecast, 2019-2026

Plastics Market Size, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Polyethylene Terephthalate, Polyvinyl Chloride, Acrylonitrile Butadiene Styrene, Polyamide, Polycarbonate, Polyurethane, Polystyrene), By End-Use Industry (Packaging, Automotive & Transportation, Infrastructure & Construction, Consumer Goods/Lifestyle, Healthcare & Pharmaceutical, Electrical & Electronics, Textile), and Regional Forecast, 2019-2026

Construction Chemicals Market Size, Share & Industry Analysis, By Type (Admixtures, Flooring, Waterproofing, Repair & Rehabilitation, and Others), By Application (Residential, and Non-Residential), and Regional Forecast, 2019-2026

Caps & Closures Market Size, Share & Industry Analysis, By Material (Plastic, Metal, and Others), and By Application (Food & Beverage, Pharmaceuticals, Consumer Goods, Cosmetics & Personal Care Products and Others) and Regional Forecast, 2019-2026

Plastic Compounding Market Size, Share & Industry Analysis, By Type (Polyethylene, Polypropylene, Poly Vinyl Chloride, Polystyrene, Polyethylene, Polybutylene Terephthalate, Polyamide, Polycarbonate, Acrylonitrile Butadiene Styrene, and Others), By Application, and Regional Forecast, 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1-424-253-0390
UK : +44-2071-939123
APAC : +91-744-740-1245
Email: [email protected]
Fortune Business Insights™
Linkedin | Twitter | BLogs