Market Dynamics
Increasing demand for dyes, pigments, paints, and coatings from various end-use industries such as automotive, aviation, aerospace, railway, marine, building and construction, medical and healthcare, personal care, furniture, printing, labeling, polymers, and metal is a major factor driving growth of the dyes, pigments, paints, and coatings market.
However, high price of raw materials required for manufacturing of paints & coatings and stringent environmental regulations for industries that produce dyes and pigments are major factors that restrain growth of the dyes, pigments, paints, and coatings market.
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