According to a market report by Lucintel, the future of the global synthetic dyes and pigment market looks promising with opportunities in the textile, food and beverage, paints and coating, cosmetics and personal care markets. The global synthetic dyes and pigment market is expected to reach an estimated $98.8 billion by 2030 from $58.3 billion in 2024, at a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are growing demand for high-performance pigments and economic growth, rising demand from the packaging industry, as well as, global acceptance of colored food preparations and changing eating habits of people.
A more than 150-page report to understand trends, opportunity and forecast in synthetic dyes and pigment market to 2030 by product type (pigments and dyes), application (textiles, food and beverages, paints and coatings, cosmetics and personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that dye segment will remain the largest segment over the forecast period due to increasing demand globally from several end-use sectors, as well as, may add color to a variety of substrates, such as paper, textiles, plastic, wax, and medications, among others.
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In terms of regions, APAC is expected to witness the highest growth over the forecast period due to the rising need for synthetic dyes and pigments in industries such as textiles, food and beverages, paints and coatings, cosmetics, and personal care.
BASF, The Chemours, Tronox, Kronos Worldwide, DIC, Kao, Lanxess, Merck, Ferro, Sudarshan Chemical Industries are the major suppliers in the synthetic dyes and pigment market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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