Global Colorants Market
The global colorants market was valued at USD 47.3 billion in 2017 and is projected to reach USD 72.13 billion by 2025, growing at a CAGR of 4.8% from 2017 to 2025
Colorants market demand has been growing steady rate in the past. The rise of chemical manufacturing industry in developing countries such as China and India has aided the market growth of colorants. However, going ahead the market players are expected to become more environment conscious and try product innovation. The major focus is expected to be upon developing eco friendly colorants.
1. Market Drivers
1.1 Rising demand for colorants in emerging companies
1.2 Growing demand for platics
2. Market Restraints
2.1 Overcapacity in dyestuff manufacturing
2.2 Stringent environmental regulations
The global colorants market is segmented on the basis of product, application, and region.
1. By Product:
1.1.1 Organic Pigments
1.1.2 Inorganic Pigments
22.214.171.124.1 Complex Inorganic Colored Pigments
126.96.36.199.2 Metal Oxides
188.8.131.52.3 Metal Salts
1.2.1 By Type
1.2.2 By Chemistry
184.108.40.206 Direct Dyes
220.127.116.11 Mordant Dyes
18.104.22.168 Disperse Dyes
22.214.171.124 Reactive Dyes
126.96.36.199 Acid Dyes
188.8.131.52 Vat Dyes
184.108.40.206 Azoic Dyes
220.127.116.11 Sulphur Dyes
1.3 Color Concentrates
2. By Application:
2.1.1 Food & Beverage Packaging
2.1.2 Healthcare Packaging
2.1.3 Consumer Goods Packaging
2.2 Paper & Printing
2.3.1 Fabric Coloring
2.3.2 Printed Fabric
2.4 Building & Construction
3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa
The major players in the market are as follows:
2. BASF SE
3. Huntsman International
4. DIC Corporation
5. Cabot Corporation
6. Polyone Corporation
7. Sun Chemical Corporation
9. Huebach Color
10. Atul Ltd.
11. EI Du Pont De Nemours
12. Sudarshan Chemical Industries
13. Chromatech Incorporated
14. The Chemours Company
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the global colorants market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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