Dyes and Pigments market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The report provides actionable intelligence on major factors influencing the Dyes and Pigments market (drivers, opportunities, industry specific challenges, and other critical issues) along with the Dyes and Pigments market size of various segments.
About Dyes and Pigments Dyes and pigments are both coloring substances but differ from the other in terms of their solubility. While dyes are easily soluble in water and are absorbed by the material to which they are applied, pigments are insoluble in water and in most solvents. Pigments require mixing with a liquid binder or a carrying base that acts as a glue, and in which the pigment particles remain suspended. Dyes and pigments are used extensively in a range of industries like textiles, paints, pharmaceuticals, coatings, and plastics.
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On the grounds of comprehensive, reliable data derived from extensive research of multiple sources (both primary and secondary) and in-depth market analysis with inputs from industry experts, Dyes and Pigments market projected to grow at a CAGR of 3.99% during the period 2017-2021.
Dyes and Pigments Market Drivers, Challenges and Trends: –
Market Driver: – Growth of end-use industries will be a key driver for market growth. dyes and pigments cater to the coloring requirements of a number of industries. with the global economy recovering from the effects of the recession of the late 2000s and early 2010s, industries have shown improved activity and are looking at positive developments over the next five years. this is further enhanced by the improved consumer ability to spend more money on the products these industries provide. companies are encouraged to design products that are in line with changing consumer expectations.
Market Challenge: – Growing pressure on pricing strategies will be a challenge for the market. trade protectionism is prevalent in the chemical industry and is widely implemented in emerging countries such as brazil, china, turkey, and india. these countries levy significant import duties on petrochemicals, including dyestuffs, to secure the prices and interests of indigenous vendors. this practice leads to artificial price fixing and can increase the prices of the products. the production of dyestuff for the textile segment is limited to certain regions, and the product often needs to cross several frontiers to reach the end-user. for instance, the surplus supply of dyestuff for textiles from the eu finds it difficult to enter the southeast asian markets because of high import tariffs. these products are, therefore, available at higher prices to end-users.
Market trend: – Shift of manufacturing hub to APAC will be a key trend for market growth. Dyes and pigments are derived from invertebrates, minerals, and other natural sources. These products are manufactured worldwide in developed and developing countries. Countries such as the US and those in Europe and Central and South America are the main producers of dyes and pigments. However, the manufacturing bases in European countries such as the UK, Germany, and Switzerland are increasingly shifting to APAC because of the region’s relatively low-cost labor, favorable government subsidy packages like interest subsidy on loans, and increased downstream processing capacity. As a result, countries in APAC such as China and India are emerging as key manufacturing hubs for dyes and pigments
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Geographic Segmentation: – APAC, Europe, North America, ROW
To calculate the Dyes and Pigments market size the report considers the sales volume of dyes and pigments to key end-use industries worldwide. The report covers the market landscape and its growth prospects over the coming years. Further it converses about key vendors operating in Dyes and Pigments market like BASF, Clariant, Cabot, DuPont, Huntsman and many more.
Some of the Exhibits included in Dyes and Pigments Market report: –
Exhibit 01: Global dyes and pigments market
Exhibit 02: Market segmentation by product type
Exhibit 04: Market segmentation by end-user
Exhibit 05: Market segmentation by geography
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With geographic breakdown of the Dyes and Pigments market in terms of detailed analysis and impact, this report provides business dimensions with an eye on growth opportunities and contribution of upcoming market segments.