The modern-day document posted via Report Ocean, titled “Colorants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023 to 2031,” affords a complete evaluation of the industry, which includes insights on the market trends. The file additionally consists of competitor and regional analysis, and present-day developments in the market. This document can serve as a fantastic information for investors, researchers, consultants, advertising strategists and all these who are planning to foray into the market in any form.
The global colorants market was valued at $41 billion in 2016, and is projected to reach $64 billion by 2023, registering a CAGR of 6.5% from 2017 to 2023. Ingredients that add color to the product are termed as colorants. Colorants can be natural or synthetic additives. Pigments and dyes the common colorants serving industries such as clothes, paints, prints, plastics, photographs, and ceramics. Dyes are soluble in water, and mainly serve textile industry, whereas the pigments are insoluble and are utilized by the plastics, ceramics, and painting industries.
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Upsurge in demand for end-use industry such as plastic and paints & coatings. Moreover, the increased consumer expenses on packaged food products, and cosmetics products boosts the market growth. However, the environmental regulations related to artificial colors restrict this growth. Also, the oversupply of dyes, leading to its decreased price hampers the market growth. Recycling of plastics and volatility of raw materials also restraints the market. Nevertheless, the technological advancement provides several growth opportunities for market expansion.
The global colorant market is segmented based on type, end-use industry, and geography. Based on type, it is classified into dyes and pigments. Based on end-use industry, it is divided into packaging, building & construction, automotive, textiles, paper & printing, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COVID-19 Impact
In 2019, the COVID-19 epidemic swept the globe. It brought everything to a halt. It had an impact on the entire world economy. Moreover, a great number of people have also perished. In total, 5,091,465 fatalities and 252,297,094 cases of COVID-19 have been reported worldwide. A majority of the nations on earth were affected by the pandemic. The pandemic brought some kind of loss in the majority of industries. The epidemic caused a slowdown in the chemical industry as well. According to Statista, the business generated over US$ 3.94 trillion in worldwide sales in 2019. An all-time high of US$5.4 trillion in revenue was produced by the sector in 2014.
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The level of rivalry among well-known international corporations has been determined by studying a number of key industries, as well as market competition, market share, current developments in the sector, novel product launches, alliances, mergers, and acquisitions by key corporations.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global colorant market to elucidate the prevailing opportunities.
It offers qualitative trends and quantitative analysis from 2016 to 2023 to assist stakeholders to understand the market scenario.
In-depth analysis of the key segments helps in locating the type markets and their applications.
Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
The key players are profiled along with their strategies & developments to understand the competitive outlook of the industry.
The major players profiled in this study include:
BASF SE
Sun Chemical Corporation
Clariant AG
Polyone Corporation
E. I. Du Pont De Nemours and Company
Lanxess
Huntsman Corporation
Dystar
DIC Corporation
Cabot Corporation
Colorants Market Key Segments:
By Type
Dyes
Pigments
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By End-Use Industry
Packaging
Building & Construction
Automotive
Textiles
Paper & Printing
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia-Pacific
China
Japan
Korea
Australia
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the key questions answered:
- How has the adoption of Market impacted COVID-19?
- What are the key market tips in key areas?
- Which utilized sciences are most impacting the anticipated global enterprise?
- Who are the major global game enthusiasts in modern times dominating the Market?
- How do AI clients turn out to be conscious of technological knowledge in strolling theatres?
- What are the vital corporation fashions determined via way of the foremost market players?
- What are the key factors that will have an effect on the expand of Market globally?
- How foremost game enthusiasts in the Global corporation environment are incorporating key
- What is the present day income contribution of distinct product kinds in the market and what are the predicted changes?
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