Dyes & Pigments Market

Dyes and Pigments Market is Projected to Reach Million Metric Tons by 2018

Colorants are the substances that impart color to other things such as textiles, plastics, concrete and paper. Based on its solubility, these can be divided into two parts namely: Dyes and Pigments. The colorants impart color to the substance by reflecting light of a particular wavelength. The shade of a color thus depends on the amount of light reflected / scattered. Hence, a substance that reflects more light appears to be darker. However, in case of pigments, the light scattering also depends on the particle size and refractive index of pigments and its binders.

The colorants market can be segmented on the basis of product types - dyes (reactive dye, disperse dye, sulfur dye, VAT dye, acid dye, direct dye, basic dye, and others), organic pigments (azo, phthalocyanines blues and greens, and high performance pigments), and inorganic pigments (titanium dioxide, iron oxide, and others). Both pigments and dyes are used in various industries with increasing stress on enhancing performance and quality.

The demand in global Dyes and Pigments Market is growing due to stringent and increasingly rigorous performance, quality and environmental standards. Every day, customers are beginning to prefer environment-friendly products. This shift in preferences is favoring the consumption of high performance colorants and is expected to provide boost to the global colorants market.

Global colorant market is dominated by few large companies. Market share for each player differs according to the type of dyes / pigment and geography. Players are actively involved in inventing new and improved colorants, which provides potential opportunities to manufacturers. Increasing globalization, restructuring, and internationalization has been a key trend shaping the pigments industry over the past several years.

High demand for high performance pigments (HPP)

The market for HPP and special effect pigments started recovering from the recent economic downturn. Many companies have focused on increasing their product portfolio, making R&D for the HDD pigments. Trust Chem (The Netherlands) is working on studies in surface treatment to improve pigment performance. The company is focusing on reducing the cost of HPP and provides these pigments at a lower cost to its customers. Germany based Heubach GmBH is presently developing various IR reflecting pigments that will expand its existing product portfolio.

Global overcapacity of dyestuff

The global capacity of dyestuff has surpassed the demand thus resulting in an oversupply scenario. Due to the lack of export demand, the prices of the colorants dropped by around 20% in the past. The financial crisis in 2008 resulted in demand of dyestuff, thus imposing margin pressures on the dyestuff industry.
Presently, the Indian dyestuff industry is suffering from overcapacity rather than the consumption. The dyestuff industry is highly dependent on the textile industry since 70% of the dyes is directly used in textiles. The downturn in the textile industry had unfavorably affected the dyestuff industry.

Asia Pacific occupies a leading position in colorant consumption

It is expected that the consumption of dyes and pigments in Asia Pacific would increase at a CAGR of 5.1% from 2013 to 2018. The growth in regionís consumption is mainly contributed by its fast growing economies such as India, China and Thailand. In addition to this, population growth is another factor that will drive the demand of colorant in the region.

The region houses various industries such as textiles, plastics, ink, and fabrics printing all of these use dyes and pigments on a primary basis. The strengthening economy of the regionís countries such as China and India are attracting new investment in the economy. For instance, Dystar Group recently started trial production from its second indigo line at its Nanjing plant in China. In the last 3 years, Clariant made various expansion activities in Asia such as inaugurating pigment plant in Tiajin, China in 2011, planning to construct a new pigment preparation plant in Indonesia, etc.

Mr. Rohan

North - Dominion Plaza,
17304,Preston Road,
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: [email protected]

Dyes & Pigments Market Size,  Share & Growth Report
Report Code
CH 1330
RI Published ON
Choose License Type

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status