HOME Top Market Reports Colorants Market by Type (Dyes, Pigments, Masterbatches, Color Concentrates), End-Use Industry (Packaging, Building & Construction, Automotive, Textiles, Paper & Printing), Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022

Colorants Market by Type (Dyes, Pigments, Masterbatches, Color Concentrates), End-Use Industry (Packaging, Building & Construction, Automotive, Textiles, Paper & Printing), Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: CH 5312

 

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The colorants market was valued at USD 47.45 Billion in 2016 and is projected to reach USD 65.65 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The high demand for colorants in the plastics and paints & coatings applications is driving the colorants market across the globe.

Objectives of the Study

  • To define, describe, and forecast the colorants market on the basis of type, end-use industry and region
  • To analyze and forecast the size of the colorants market in terms of volume and value
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
  • To strategically analyze micromarkets1 with respect to individual growth trends, growth prospects, and their contribution to the overall market
  • To forecast the colorants market size with respect to five main regions, namely, North America, Europe, Asia-Pacific, the Middle East & Africa, and South America
  • To analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, regional expansions, and R&D in the colorants market
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies

Years considered for this report

2016 – Base Year
2017 – Estimated Year
2022 – Projected Year

Research Methodology

This study estimates the size of the colorants market for 2017 and projects its growth by 2022. It provides a detailed qualitative and quantitative analysis of the colorants market. Secondary sources, such as Hoovers, Bloomberg Business Week, and Factiva, among others have been used to identify and collect information useful for this extensive, commercial study of the colorants market. Primary sources such as experts from related industries and suppliers of colorants have been interviewed to obtain and verify critical information and assess future prospects of the colorants market.

Colorants Market

To know about the assumptions considered for the study, download the pdf brochure

The key players profiled in the report include, Clariant AG  (Switzerland), BASF SE (Germany), DIC Corporation (Japan), Huntsman Corporation (U.S.), E. I. du Pont de Nemours & Company (U.S.), Cabot Corporation (U.S.),  LANXESS AG (Germany), PolyOne Corporation (U.S.), and Sun Chemical Corporation (U.S.).

Target Audience:

  • Manufacturers of Colorants
  • Chemical Suppliers
  • Traders, Distributors, and Suppliers of Colorants
  • Raw Material Suppliers
  • Government and Research Organizations
  • Industry Associations

“This study answers several questions for stakeholders, primarily which market segments they should focus upon during the next two to five years to prioritize their efforts and investments. It also provides a competitive landscape of the colorants market”.

Scope of the Report:

The colorants market has been segmented as follows:

Colorants Market, by Form:

  • Pigments
  • Dyes
  • Masterbatches
  • Color Concentrates

Colorants Market, by End-Use Industry:

  • Packaging
  • Building & Construction
  • Automotive
  • Textiles
  • Paper & Printing
  • Others

Colorants Market, by Region:

  • Asia-Pacific
  • Europe
  • North America
  • Middle East & Africa
  • South America

The market has further been analyzed for the key countries in each of these regions.

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of the companies. The following customization options are available for this report:

Product Analysis

  • A product matrix that provides a detailed comparison of the product portfolio of each company

Regional Analysis

  • Further breakdown of the rest of Asia-Pacific colorants market into Australia and New Zealand

Table of Contents

1 Introduction (Page No. - 16)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Years Considered for the Study
    1.4 Currency
    1.5 Package Size
    1.6 Research Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 20)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Key Industry Insights
                    2.1.2.3 Breakdown of Primary Interviews
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Data Triangulation
    2.4 Research Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Significant Opportunities in the Colorants Market
    4.2 Colorants Market, By End-Use Industry
    4.3 Asia-Pacific Colorants Market, By End-Use Industry and Country
    4.4 Colorants Market, By Region
    4.5 Colorants Market, By Type

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Impact Analysis
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Increasing Applications of Colorants in Emerging Economies.
                    5.3.1.2 Growing Demand for Plastics
                    5.3.1.3 Rise in Demand for Paints & Coatings
                    5.3.1.4 Growing Importance of Aesthetics in Packaging
           5.3.2 Restraints
                    5.3.2.1 Environmental Regulations
           5.3.3 Opportunities
                    5.3.3.1 Technological Advancements
           5.3.4 Challenges
                    5.3.4.1 Recycling of Plastics
                    5.3.4.2 Overcapacity of Dyestuffs
                    5.3.4.3 Volatility in Raw Material Prices
    5.4 Porter’s Five Forces Analysis
           5.4.1 Threat of New Entrants
           5.4.2 Threat of Substitutes
           5.4.3 Bargaining Power of Suppliers
           5.4.4 Bargaining Power of Buyers
           5.4.5 Intensity of Competitive Rivalry

6 Macroeconomic Indicators (Page No. - 45)
    6.1 Introduction
    6.2 Trends and Forecast of GDP Major Economies
    6.3 Textile Industry
    6.4 Automotive Industry
    6.5 Trends in Construction Industry
           6.5.1 Trends in Construction Industry in North America
           6.5.2 Trends in Construction Industry in Europe
           6.5.3 Trends and Forecast of Construction Industry in Asia-Pacific

7 Colorants Market, By Type (Page No. - 49)
    7.1 Introduction
    7.2 Pigments
           7.2.1 Organic Pigments
                    7.2.1.1 Azo Pigments
                    7.2.1.2 Polycyclic Pigments
                    7.2.1.3 Anthraquinone Pigments
                    7.2.1.4 Dioxazine Pigments
                    7.2.1.5 Triarylcarbonium Pigments
                    7.2.1.6 Quinophthalone Pigments
           7.2.2 Inorganic Pigments
                    7.2.2.1 Colored
                               7.2.2.1.1 Complex Inorganic Colored Pigments (CICP)
                               7.2.2.1.2 Metal Oxides
                               7.2.2.1.3 Metal Salts
                               7.2.2.1.4 Others
                    7.2.2.2 White
                               7.2.2.2.1 Opaque Pigments
                               7.2.2.2.2 Non-Opaque Pigments
    7.3 Dyes
           7.3.1 By Type
                    7.3.1.1 Natural Dyes
                               7.3.1.1.1 Natural Dyes From Plants
                               7.3.1.1.2 Natural Dyes From Animals
                               7.3.1.1.3 Natural Dyes From Minerals
                    7.3.1.2 Synthetic Dyes
           7.3.2 By Nature
                    7.3.2.1 Acid
                    7.3.2.2 Basic
           7.3.3 By Lake
                    7.3.3.1 Basic
                    7.3.3.2 Fat Soluble
                    7.3.3.3 Metal Complex
           7.3.4 By Chemistry
                    7.3.4.1 Direct Dyes
                    7.3.4.2 Mordant Dyes
                    7.3.4.3 Disperse Dyes
                    7.3.4.4 Reactive Dyes
                    7.3.4.5 Acid Dyes
                    7.3.4.6 Direct Dyes
                    7.3.4.7 Vat Dyes
                    7.3.4.8 Azoic Dyes
                    7.3.4.9 Sulphur Dyes
                    7.3.4.10 Others
    7.4 Color Concentrates
           7.4.1 Solid Color Concentrates
           7.4.2 Liquid Color Concentrates
    7.5 Masterbatches
           7.5.1 White
           7.5.2 Black
           7.5.3 Color

8 Colorants Market, By End-Use Industry (Page No. - 62)
    8.1 Introduction
    8.2 Packaging
           8.2.1 Food & Beverage Packaging
           8.2.2 Healthcare & Pharmaceutical Packaging
           8.2.3 Consumer Goods Packaging
    8.3 Paper & Printing
           8.3.1 Paper
           8.3.2 Printing & Inks
    8.4 Textiles
           8.4.1 Fabric Coloring
           8.4.2 Printed Fabric
           8.4.3 Leather
    8.5 Building & Construction
           8.5.1 Paints & Coatings
                    8.5.1.1 Plastics
                    8.5.1.1 Others
    8.6 Automotive
           8.6.1 Paints & Coatings
           8.6.2 Plastics
           8.6.3 Textiles
    8.7 Others
           8.7.1 Consumer Goods
           8.7.2 Others

9 Colorants Market, By Region (Page No. - 69)
    9.1 Introduction
    9.2 Asia-Pacific
           9.2.1 China
           9.2.2 India
           9.2.3 Japan
           9.2.4 Australia
           9.2.5 South Korea
           9.2.6 Thailand
           9.2.7 Rest of Asia-Pacific
    9.3 North America
           9.3.1 U.S.
           9.3.2 Canada
           9.3.3 Mexico
    9.4 Europe
           9.4.1 Germany
           9.4.2 U.K.
           9.4.3 Italy
           9.4.4 France
           9.4.5 Spain
           9.4.6 Russia
           9.4.7 Rest of Europe
    9.5 Middle-East & Africa
           9.5.1 Saudi Arabia
           9.5.2 UAE
           9.5.3 Egypt
           9.5.4 Rest of Middle East & Africa
    9.6 South America
           9.6.1 Brazil
           9.6.2 Argentina
           9.6.3 Rest of South America

10 Competitive Landscape (Page No. - 113)
     10.1 Overview
     10.2 Vanguards
     10.3 Dynamic
     10.4 Innovators
     10.5 Emerging
     10.6 Competitive Benchmarking
             10.6.1 Product Offerings
             10.6.2 Business Strategy
     10.7 Market Share Analysis
             10.7.1 BASF SE
             10.7.2 Clariant
             10.7.3 Huntsman Corporation
             10.7.4 E. I. Du Pont De Nemours and Company
             10.7.5 DIC Corporation

11 Company Profile (Page No. - 119)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     11.1 BASF SE
     11.2 Clariant
     11.3 E. I. Du Pont De Nemours and Company
     11.4 Huntsman Corporation
     11.5 DIC Corporation
     11.6 Cabot Corporation
     11.7 Dystar
     11.8 Lanxess
     11.9 Polyone Corporation
     11.10 Sun Chemical Corporation
     11.11 Others
             11.11.1 A. Schulman, Inc.
             11.11.2 Ampacet Corporation
             11.11.3 Archroma
             11.11.4 Atul Ltd.
             11.11.5 Chromatech Incorporated
             11.11.6 Ferro Corporation
             11.11.7 Flint Group
             11.11.8 Heubach Color
             11.11.9 Holland Colours
             11.11.10 Greenville Colorants, LLC
             11.11.11 Solvay
             11.11.12 Sudarshan Chemical Industries Limited
             11.11.13 The Chemours Company
             11.11.14 Kronos Worldwide, Inc.
             11.11.15 The DOW Chemical Company

*Details Might Not Be Captured in Case of Unlisted Companies

12 Appendix (Page No. - 160)
     12.1 Insights From Industry Experts
     12.2 Discussion Guide
     12.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     12.4 Introducing RT: Real-Time Market Intelligence
     12.5 Available Customizations
     12.6 Related Reports
     12.7 Author Details


List of Tables (90 Tables)

Table 1 Regulations in Colorants Market
Table 2 Trends and Forecast of GDP Growth Rates From 2016 to 2021
Table 3 Motor Vehicle Production
Table 4 Contribution of Construction Industry to GDP in North America, USD Billion
Table 5 Contribution of Construction Industry to GDP in Europe, USD Billion
Table 6 Contribution of Construction Industry to GDP in Asia-Pacific, USD Billion
Table 7 Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 8 Global Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 9 Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 10 Global Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 11 Global Colorants Market Size, By Region, 2015–2022 (Kiloton)
Table 12 Global Colorants Market Size, By Region, 2015–2022 (USD Million)
Table 13 Asia-Pacific: Colorants Market Size, By Country, 2015–2022 (Kiloton)
Table 14 Asia-Pacific: Colorants Market Size, By Country, 2015–2022 (USD Million)
Table 15 Asia-Pacific: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 16 Asia-Pacific: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 17 Asia-Pacific: Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 18 Asia-Pacific: Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 19 China: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 20 China: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 21 India: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 22 India: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 23 Japan: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 24 Japan: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 25 Australia: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 26 Australia: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 27 South Korea: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 28 South Korea: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 29 Thailand: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 30 Thailand: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 31 Rest of Asia-Pacific: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 32 Rest of Asia-Pacific: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 33 North America: Colorants Market Size, By Country, 2015–2022 (Kiloton)
Table 34 North America: Colorants Market Size, By Country, 2015–2022 (USD Million)
Table 35 North America: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 36 North America: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 37 North America: Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 38 North America: Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 39 U.S.: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 40 U.S.: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 41 Canada: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 42 Canada: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 43 Mexico: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 44 Mexico: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 45 Europe: Colorants Market Size, By Country, 2015–2022 (Kiloton)
Table 46 Europe: Colorants Market Size, By Country, 2015–2022 (USD Million)
Table 47 Europe: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 48 Europe: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 49 Europe Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 50 Europe Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 51 Germany: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 52 Germany: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 53 U.K.: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 54 U.K.: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 55 Italy: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 56 Italy: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 57 France: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 58 France: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 59 Spain: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 60 Spain: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 61 Russia: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 62 Russia: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 63 Rest of Europe: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 64 Rest of Europe: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 65 Middle East & Africa: Colorants Market Size, By Country, 2015–2022 (Kiloton)
Table 66 Middle East & Africa: Colorants Market Size, By Country, 2015–2022 (USD Million)
Table 67 Middle East & Africa: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 68 Middle East & Africa: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 69 Middle East & Africa: Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 70 Middle East & Africa Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 71 Saudi Arabia: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 72 Saudi Arabia: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 73 UAE.: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 74 UAE.: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 75 Egypt: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 76 Egypt: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 77 Rest of Middle East & Africa: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 78 Rest of Middle East & Africa: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 79 South America: Colorants Market Size, By Country, 2015–2022 (Kiloton)
Table 80 South America: Colorants Market Size, By Country, 2015–2022 (USD Million)
Table 81 South America: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 82 South America: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 83 South America: Colorants Market Size, By Type, 2015–2022 (Kiloton)
Table 84 South America: Colorants Market Size, By Type, 2015–2022 (USD Million)
Table 85 Brazil: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 86 Brazil: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 87 Argentina: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 88 Argentina: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)
Table 89 Rest of South America: Colorants Market Size, By End-Use Industry, 2015–2022 (Kiloton)
Table 90 Rest of South America: Colorants Market Size, By End-Use Industry, 2015–2022 (USD Million)


List of Figures (42 Figures)

Figure 1 Colorants Market: Market Segmentation
Figure 2 Colorants Market: Research Methodology
Figure 3 Market Size Estimation: Bottom-Up Approach
Figure 4 Market Size Estimation: Top-Down Approach
Figure 5 Colorants: Data Triangulation
Figure 6 Pigments to Dominate Colorants Market Between 2017 and 2022
Figure 7 Packaging End-Use Industry to Dominate the Colorants Market Between 2017 and 2022
Figure 8 Asia-Pacific Was the Largest Colorants Market in 2016
Figure 9 China to Be the Largest Colorants Market Between 2017 and 2022
Figure 10 Emerging Economies to Offer Lucrative Growth Potential for Market Players Between 2017 and 2022
Figure 11 Packaging to Be the Fastest-Growing End-Use Industry for Colorants Market, 2017-2022
Figure 12 China to Dominate the Asia-Pacific Colorants Market
Figure 13 Asia-Pacific is the Largest Colorants Market
Figure 14 Pigments to Account for the Largest Market Share, in Terms of Value
Figure 15 Drivers, Restraints, Opportunities, and Challenges in the Colorants Market
Figure 16 Porter’s Five Forces Analysis
Figure 17 World Textile Trade Data, 2005–2014
Figure 18 Pigments to Dominate the Colorants Market
Figure 19 Classification of Pigments
Figure 20 Market Shares of Pigments in Kilotons in 2016
Figure 21 Classification of Dyes
Figure 22 Market Shares of Dyes in Kiloton, 2016
Figure 23 Market Shares of Color Concentrates in Kiloton, 2016
Figure 24 Market Shares of Masterbatches in Kiloton, 2016
Figure 25 Packaging End-Use Industry to Dominate the Colorants Market
Figure 26 India to Register the Fastest-Growth in Colorants Market
Figure 27 Asia-Pacific is the Largest Market for Colorants
Figure 28 China Dominates Asia-Pacific Colorants Market
Figure 29 Presence of Key Colorant Players Driving the Market
Figure 30 Germany Dominates Colorants Market in Europe
Figure 31 Plastic Industry Driving the Colorants Market in Middle East & Africa
Figure 32 Packaging End-Use Industry to Drive Colorants Market
Figure 33 Dive Chart
Figure 34 Colorants Market Share Analysis, 2016
Figure 35 BASF SE: Company Snapshot
Figure 36 Clariant: Company Snapshot
Figure 37 E. I. Du Pont De Nemours and Company: Company Snapshot
Figure 38 Huntsman Corporation: Company Snapshot
Figure 39 DIC Corporation: Company Snapshot
Figure 40 Cabot Corporation: Company Snapshot
Figure 41 Lanxess: Company Snapshot
Figure 42 Polyone Corporation: Company Snapshot

The colorants market is projected to reach USD 65.65 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The colorants market has witnessed high growth in the recent years, and this growth is projected to continue in the near future, owing to the increase in demand for colorants in various end-use industries, such as packaging, building & construction, and automotive, among others and in applications such as plastics and paints & coatings. The growing demand for plastics in various industries is also a driver for the growth of the colorants market.

On the basis of type, the colorants market has been segmented into pigments, dyes, masterbatches and color concentrates. The pigments segment leads the colorants market. The growth of this segment of the market can be attributed to the increasing use of pigments in the paints & coatings application in the automotive and building & construction industries. The market for masterbatches is projected to grow at the highest CAGR during the forecast period due to the growing plastics industry.

On the basis of end-use industry, the colorants market has been classified into packaging, textiles, paper & printing, building & construction, automotive, and others. The packaging end-use industry is leading the colorants market and is projected to grow at the highest CAGR during the forecast period. The growth of the packaging end-use industry in the colorants market is due to the increased demand for colorants for coloring plastics used for lightweight packaging. Moreover, increasing use of colorants to color packaging materials such as plastics, paper, metal, fabric, and so on has also propelled growth in this industry.

Based on region, the colorants market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. The Asia-Pacific colorants market is projected to grow at the highest CAGR during the forecast period, owing to the increasing demand for colorants in packaging medical, pharmaceutical, and food & beverages products.

Colorants Market

The key restraining factors for the colorants market are environmental regulations and volatility in raw material prices. This is expected to trigger innovations in the colorants market, as manufacturers of colorants are expected to take initiatives to manufacture colorants that are compliant with regulations. Moreover, companies such as, Clariant AG  (Switzerland), BASF SE (Germany), DIC Corporation (Japan), Huntsman Corporation (U.S.), E. I. du Pont de Nemours & Company (U.S.), Cabot Corporation (U.S.), LANXESS AG (Germany), PolyOne Corporation (U.S.), and Sun Chemical Corporation (U.S.) are investing in R&D activities to launch new products and strengthen their positions in the colorants market.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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