Dyes & Pigments Market Key Players: Huntsman Corp, Cabot Corp, Tronox Ltd, And Lanxess AG

 Dyes & Pigments Industry Overview

The global dyes & pigments market size was valued at USD 36.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030. Increasing demand from various application industries, such as textiles, paints & coatings, construction, and plastics, is expected to drive the market growth. Major producers are actively venturing into enhancing their products by utilizing advanced technologies for the efficient removal of hazardous pollutants during the manufacturing process. Manufacturers are likely to experience varied production costs due to volatility in the prices of raw materials, such as benzene. A wide distribution network in the market is achieved through both physical retail stores and online retailing.

The availability of the products on e-commerce platforms has increased the client base of the market participants. Rapid growth in the global construction industry has also been a key growth-driving factor for the overall market. Countries, such as the U.S., the U.K., China, Indonesia, India, Saudi Arabia, and UAE, are the major countries exhibiting significant global growth potential in the construction sector.

Gather more insights about the market drivers, restrains and growth of the Global Dyes & Pigments market

 

The rising population coupled with rapid industrialization has encouraged governments to increase their construction spending for infrastructural development. Thus, an increase in construction expenditure across the world is expected to create massive product demand in the coming years. However, increasing environmental concerns are resulting in policy changes across the globe, which is anticipated to restrain the market growth during the forecast period.

Factors, such as water pollution during the manufacturing processes, high metal content in pigments, and excessive water consumption in the textile industry to rinse dyes, are the major environmental threats. Stringent regulations have been imposed in regions, such as Europe, North America, and China, which may challenge the market growth.


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Paints, Coatings & Printing Industry Research Reports.

  • Physical Vapor Deposition Market - The global physical vapor deposition market size was valued at USD 2.65 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030. The flourishing industrial manufacturing is likely to fuel the market growth over the forecast period.

  • Fire Fighting Foam Market - The global fire fighting foam market size was valued at USD 4.95 billion in 2021 and is anticipated to witness a compound annual growth rate (CAGR) of 3.6% from 2022 to 2030. Increasing fire incidents, including wildfires due to climate change, fuel-based fires, fires due to electrical failures, and various other factors, are expected to drive the industry over the forecast period.

Dyes & Pigments Market Segmentation

Grand View Research has segmented the global dyes & pigments market based on the product, application and region:

Dyes & Pigments Product Outlook (Volume, Kilotons; Revenue, USD Million; 2019 - 2030)

  • Dyes
    • Reactive Dyes
    • Vat Dyes
    • Acid Dyes
    • Direct Dyes
    • Disperse Dyes
    • Others
  • Pigments
    • Organic
    • Inorganic

Dyes & Pigments Application Outlook (Volume, Kilotons; Revenue, USD Million; 2019 - 2030)

  • Dyes
    • Printing Inks
    • Textiles
    • Paper
    • Leather
    • Others
  • Pigments
    • Plastics
    • Paints & Coatings
    • Construction
    • Printing Inks
    • Others

Dyes & Pigments Regional Outlook (Volume, Kilotons; Revenue, USD Million; 2019 - 2030)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)


Key Companies profiled:

Some of the prominent players in the global dyes & pigments market:

  • BASF SE
  • Clariant AG
  • DIC Corp.
  • Sudarshan Chemical Industries Ltd.
  • Atul Ltd.
  • Huntsman Corp.
  • Cabot Corp
  • I DuPont De Nemours & Co
  • Tronox Ltd
  • Kronos Worldwide Inc.
  • Lanxess AG
  • Kiri Industries Ltd.


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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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