Global Colorants Market, By Type (Dyes, Pigments, Masterbatches & Color Concentrates), Color (Natural Color, Synthetic Color), End User Industry, Region, Competition, Forecast & Opportunities, 2025
Global colorants market is forecast to witness a CAGR of around 9% during 2020 - 2025. The market is driven by rising inclination of consumers towards innovative and appealing shades of packaged products and items. Moreover, increasing need for dyestuff in numerous end-use segments such as plastics industry, food industry, among others, is positively impacting the market growth. Also, growing awareness pertaining to advantages of natural colorants in terms of providing health benefits coupled with favorable government policies is further expected to augment market growth over the next few years.
The global colorants market is segmented based on type, end user industry, company, and region. Based on type, the market can be categorized into dyes, pigments, masterbatches and color concentrates. Out of which, the dyes segment dominated the market in 2019 and is expected to maintain its leading position in the market during the forecast period as well. This can be ascribed to the higher demand for dyes from textile industry across the globe. In addition to this, rising use of dyes in various end user industries such as food processing and packaging is another factor which is spurring the growth of the segment.
In terms of end user industry, the market is fragmented into packaging, building & construction, automotive, textiles, paper & printing and others. Out of these, the paper & printing segment accounted for the largest market share in 2019, followed by paints & coatings, textiles, packaging and plastics segments.
Major players operating in the global colorants market are Clariant AG, BASF SE, DIC Corporation, Huntsman Corporation, E. I. du Pont de Nemours & Company, Cabot Corporation, LANXESS AG, PolyOne Corporation, Sun Chemical Corporation, A. Schulman, Inc., Ampacet Corporation, The DOW Chemical Company, Atul Ltd., Chromatech Incorporated, Ferro Corporation and others.
Years considered for this report:
Historical Years: 2015-2018
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2021-2025
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the market players which could not be identified due to the limitations of secondary research. TechSci Research analyzed the key manufacturers and their presence across the globe.
TechSci Research calculated the market size of global colorants market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global colorants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Building & Construction
Paper & Printing
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global colorants market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
7.1.1. Market Size & Forecast
22.214.171.124. By Value
126.96.36.199. By Volume
7.1.2.Market Share & Forecast
188.8.131.52. By Origin (Natural Dyes and Synthetic Dyes)
184.108.40.206. By Nature (Acid Dyes and Basic Dyes)
220.127.116.11. By Chemistry (Direct Dyes, Mordant Dyes, Disperse Dyes, Reactive Dyes, Vat Dyes, Azoic Dyes, Sulphur Dyes and Others)
18.104.22.168. By Region (APAC, North America, Europe, MEA and South America)
22.214.171.124. By Company (At least top 7 companies market shares)
7.2.1.Market Size & Forecast
126.96.36.199. By Value
188.8.131.52. By Volume
7.2.2.Market Share & Forecast
184.108.40.206. By Type (Organic Pigments and Inorganic Pigments)
220.127.116.11. By Region (APAC, North America, Europe, MEA and South America)
18.104.22.168. By Company (At least top 7 companies market shares)
7.3.1.Market Size & Forecast
22.214.171.124. By Value
126.96.36.199. By Volume
7.3.2.Market Share & Forecast
188.8.131.52. By Type (White, Black and Color)
184.108.40.206. By Region (APAC, North America, Europe, MEA and South America)
220.127.116.11. By Company (At least top 7 companies market shares)
7.4.1.Market Size & Forecast
18.104.22.168. By Value
22.214.171.124. By Volume
7.4.2.Market Share & Forecast
126.96.36.199. By Type (Solid Color Concentrates and Liquid Color Concentrates)
188.8.131.52. By Region (APAC, North America, Europe, MEA and South America)
184.108.40.206. By Company (At least top 7 companies market shares)