DYES, PIGMENTS, PAINTS, AND COATINGS MARKET ANALYSIS

Regional Analysis

Market Outlook

Asia Pacific region accounts for largest market share in the dyes, pigments, paints, and coatings market. It is expected to witness significant growth, owing to increasing demand for paints and coatings from construction industry and increasing disposable income in the region. Moreover, Latin America is expected to be the second fastest growing region in the market, owing to growing textile industry in the region.

The production of dyes, pigments, paints, and coatings by greener methods and usage of bio-based raw materials is expected to offer major opportunities for key players in the market. These factors are expected to have positive impact on the market share of key players and their influence in various end-user applications in the near future.