DYES AND PIGMENTS MARKET ANALYSIS

Dyes And Pigments MarketSize and Trends

Owing to the increasing application of dyes and pigments in various industries such as chemicals, textile, and automotive, the market for dyes and pigments is expected to witness growth over the forecast period (2017-2025)  

Dyes and Pigments Market Taxonomy

On the basis of type of dyes, the dyes and pigments market is segmented into:

• Acid dyes
• VAT dyes
• Disperse dyes
• Reactive dyes
• Direct dyes

On the basis of pigments, the dyes and pigments market is segmented into:

• Organic pigments
• Inorganic pigments
• Titanium dioxide pigments

On the basis of type of end use industry, dyes and pigments market is segmented into:

• Automotive
• Construction
• Chemicals
• Textile
• Leather
• Paper
• Paints & Coatings

Dyes and Pigments Market Outlook – Growth of Textile Industry Expected to Amplify Demand

Dyes and pigments are extensively used in the textile and automotive industries. Growing automobile and textile industries are expected to increase the demand for dyes and pigments. Asia Pacific is expected to be a major contributor for growth of the dyes and pigments market. Rapidly growing textile industry in the emerging economies such as India and China is one of the major factors contributing to the growth of the market in the region. According to India Brand Equity Foundation (IBEF), during FY 2015-16, the textile industry in India employed around 40 million workers and exported textile products worth US$ 40 billion. This, in turn, has augmented growth of the dyes and pigments market in the region.