The global synthetic dyes and pigments market was valued around $52 billion in 2018. Asia Pacific was the largest region in the synthetic dyes and pigments market with over 40% of the market. China was the largest country in the synthetic dyes and pigments market, accounting for about 21% of the market.
The synthetic dyes and pigments industry consists of the sales of synthetic dyes and pigments by entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (except electrostatic and photographic). Pigments that are obtained from natural minerals as well as synthetic pigments are included in this market. Artificial food-coloring is also included in this market. Synthetic dyes and pigments have applications in manufacturing of almost all industrial products, paints and coatings and inks.
Order The Global Synthetic Dyes and Pigments Market report at:
Synthetic Dyes And Pigments Market Size
The global synthetic dyes and pigments market is expected to grow to over $63 billion in 2022 at an annual growth rate of about 5.1%. Faster growth in the forecast period can be attributed to an expected rise in demand for high performance pigments, economic growth and an expected increase in demand from end-user industries.
The synthetic dyes and pigments industry is relatively consolidated, with a few global players constituting significant market share. Top 10 players of the market constitute nearly one- third of the market. BASF SE was the largest competitor with about 7% of the synthetic dyes and pigments industry, followed by The Chemours Company, Venator Materials PLC, Kronos Worldwide, and Tronox Limited. (exact figures are mentioned in report).
BASF SE was the largest company in the synthetic dyes and pigments industry. It is involved in various businesses; some of its important businesses are agriculture, automotive and transportation, chemicals, energy and resources, paints and coatings and plastics and rubber.
Download Synthetic Dyes and Pigments Market sample report at
Company profiles included in the dyes and pigments market report are BASF SE, The Chemours Company, Venator Materials PLC, Kronos Worldwide, Inc., and Tronox Limited.
Migration of manufacturing capacity and eco-friendly dyes are the major trends witnessed in the global dyes and pigments market.
About The Business Research Company.
The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Follow us on Linkedin: https://in.linkedin.com/company/the-business-research-company
Company Name: The Business Research Company
Contact Person: Nitin
Email: Send Email
Address:1st Floor, Anshu Colors Building, Road Number 1 Park View Enclave, Jubilee Hills, Hyderabad (India), 500033.