1. What is the projected Compound Annual Growth Rate (CAGR) of the Dyes & Pigments Market ?
The projected CAGR is approximately 5.1%.
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Dyes & Pigments Market Dyes & Pigments Market by Type (Dyes, {Reactive, Disperse, Vat, Acid, Others}, Pigments {Inorganic, Organic}), by End-use (Dyes {Textiles, Leather, Paper, Paints, Plastics, Others}, Pigments {Printing Inks, Paints, Coatings, Plastics, Others), by By Geography (North America) Forecast 2026-2034
The Dyes & Pigments Market size was valued at USD 42.64 USD Billion in 2023 and is projected to reach USD 60.40 USD Billion by 2032, exhibiting a CAGR of 5.1 % during the forecast period. The Dyes & Pigments market which, is part of the chemical industry altogether, serves the needs of Textiles, Paints, Plastics and Cosmetics and is a major segment of the market. The paint industry furnishes a vast variety of both organic and inorganic chemicals for the pigmentation of the intended substrates. For example, industries like textiles, automotive coatings, packaging, and graphics utilize geopolymer technology. Ranges from natural ones to synthetic ones, and they are tailor-made to meet certain expectations. Technology in the paint industry helps colour optimization and eco-friendliness. This market proves to be the most important factor when it comes to product beauty and brand identity establishment, in a way that it saves the nature of planet Earth along with the environmental conservation objectives globally.
Type:
End-use:
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.1% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.1%.
Key companies in the market include BASF SE (Germany), DIC CORPORATION (Japan), Clariant (Switzerland), Sudarshan Chemical Industries Limited (India), Huntsman International LLC. (U.S.), Atul Ltd (India), Cabot Corporation (U.S.), DuPont (U.S.), Kiri Industries Ltd. (India), KRONOS Worldwide, Inc. (U.S.).
The market segments include Type, End-use.
The market size is estimated to be USD 42.64 USD Billion as of 2022.
Rise in Textile Industry to Drive Market Growth.
Growing Demand from Printing Ink Industry to Drive Market Growth.
Stringent Regulations Regarding Waste Generation to Hinder Market Growth.
June 2021 - Sun Chemical and DIC Corporation acquired BASF’s global pigments business. This acquisition will extend DIC's portfolio as a global manufacturer of pigments for various applications such as electronic displays, cosmetics, coatings, paints, and inks.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in Kiloton.
Yes, the market keyword associated with the report is "Dyes & Pigments Market ," which aids in identifying and referencing the specific market segment covered.
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