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Colorants Market by Type (Dyes, and Pigments) and by End-Use Industry (Packaging, Building & Construction, Automotive, Textiles, Paper & Printing, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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MA_173812
Pages: 160
Sep 2017 | 2056 Views
 
Author's : Ashmita Roy
Tables: 102
Charts: 31
 

Colorants Market overview:

Global Colorants Market was valued at $41 billion in 2016, and is projected to reach $64 billion by 2023, registering a CAGR of 6.5% from 2017 to 2023. Colors are added to products to enhance their appeal. Pigment and dyes are the most common colorants added to food items, clothes, paper, and beverages, in liquid, liquid gel, gel paste, and powder form. Dyes can be natural or synthetic. Natural dyes are available from plants, animals, and minerals.

Increased demand from end-use industry such as plastic, paints & coatings, automotive, and packaging drive the market. However, ban on trade of artificial colorants hampers the market growth. Oversupply of dyes, leading to its decreased prices also restraints the market. Technological advancement is seen as a major growth opportunity for colorants manufacturers.

The global colorant market is segmented based on type, end-use industry, and geography. Based on type, it is classified into dyes and pigments. Based on end-use industry, it is divided into packaging, building & construction, automotive, textiles, paper & printing, and others. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Global Colorants Market Segmentation

Global Colorants Market Segmentation

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Asia-Pacific is expected to witness the highest growth rate in the global colorant market, owing to high demand from emerging economies such as India, China, South Korea, and others. In addition, increase in consumer expenditures in these countries for packaged food & beverages is expected to increase the demand for colorant market.

Top investment pockets

The colorant market in India is anticipated to be the most lucrative market for manufacturers soon, owing to the increased demand from end-use industry such as automotive, building & construction, packaging, and textiles. Latin America is also projected to offer growth opportunity for the manufacturers due to the rise in the cosmetics industry.

Global Colorants Market: Top Investment Pockets, by Country

GLOBAL COLORANTS MARKET: TOP INVESTMENT POCKETS, BY COUNTRY

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 Segment Review

In 2016, the pigments segment accounted for the highest share in 2016, registering a CAGR 7.2% from 2017 to 2023. The pigments segment is driven by its increased consumption from the clothes, paints, prints, plastics, photographs, and ceramics industry globally. The dyes segment is projected to witness the decline in its prices owing to its oversupply worldwide.

LAMEA Review

The colorants market in Latin America is estimated to be the largest in the LAMEA region and is estimated to attract manufacturers during the forecast period. Growth in cosmetics and packaging industry drives the market in the region.

Lamea Food Colors Market, 2016-2023 ($Million)

LAMEA FOOD COLORS MARKET, 2016-2023 ($MILLION)

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The key players profiled in the report include BASF SE, Sun Chemical Corporation, Clariant AG, Polyone Corporation, E. I. Du Pont De Nemours and Company, Lanxess, Huntsman Corporation, Dystar, DIC Corporation, and Cabot Corporation.

The other key players in the value chain (not profiled in this report) include Sudarshan Chemical Industries Limited, The DOW Chemical Company, The Chemours Company, Flint Group, and Archroma.

Key Benefits

  • The report provides an in-depth analysis of the current trends, drivers, and dynamics of the global colorant market to elucidate the prevailing opportunities and tap the investment pockets.
  • It offers qualitative trends and quantitative analysis of the global market from 2016 to 2023 to assist stakeholders to understand the market scenario.
  • In-depth analysis of the key segments demonstrates the market potential of the colorant industry.
  • Competitive intelligence of the industry highlights the business practices followed by key players across geographies and prevailing market opportunities.
  • Key market players and their strategies & developments are profiled to understand the competitive outlook of the market.

Colorants Market Key Segments:

By Type

  • Dyes
  • Pigments

By End-Use Industry

  • Packaging
  • Building & Construction
  • Automotive
  • Textiles
  • Paper & Printing
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • Korea
    • Australia
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa
 

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Upsurge in demand from end-use industries
3.4.1.2. Increased consumer spending on packaged food

3.4.2. Restraints

3.4.2.1. Ban on the use of synthetic colorant in European region
3.4.2.2. Decreased prices of dyes owing to oversupply
3.4.2.3. Recycling of plastic products

3.4.3. Opportunity

3.4.3.1. Technological advancement

3.5. MARKET SHARE ANALYSIS, 2016 (%)

Chapter: 4. GLOBAL COLORANTS MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. DYES

4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast

4.3. PIGMENTS

4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast

Chapter: 5. GLOBAL COLORANTS MARKET, BY END-USE INDUSTRY

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. PACKAGING

5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast

5.3. BUILDING & CONSTRUCTION

5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast

5.4. AUTOMOTIVE

5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast

5.5. TEXTILES

5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast

5.6. PAPER & PRINTING

5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast

5.7. OTHERS

5.7.1. Key Market Trends, Growth Factors, and Opportunities
5.7.2. Market Size and Forecast

Chapter: 6. GLOBAL COLORANTS MARKET, BY GEOGRAPHY

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. NORTH AMERICA

6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast
6.2.3. U.S.

6.2.3.1. Market size and forecast, by end-use industry

6.2.4. Canada

6.2.4.1. Market size and forecast, by end-use industry

6.2.5. Mexico

6.2.5.1. Market size and forecast, by end-use industry

6.3. EUROPE

6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast
6.3.3. Germany

6.3.3.1. Market size and forecast, by end-use industry

6.3.4. France

6.3.4.1. Market size and forecast, by end-use industry

6.3.5. Italy

6.3.5.1. Market size and forecast, by end-use industry

6.3.6. UK

6.3.6.1. Market size and forecast, by end-use industry

6.3.7. Spain

6.3.7.1. Market size and forecast, by end-use industry

6.3.8. Rest of Europe

6.3.8.1. Market size and forecast, by end-use industry

6.4. ASIA-PACIFIC

6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast
6.4.3. China

6.4.3.1. Market size and forecast, by end-use industry

6.4.4. Japan

6.4.4.1. Market size and forecast, by end-use industry

6.4.5. Korea

6.4.5.1. Market size and forecast, by end-use industry

6.4.6. Australia

6.4.6.1. Market size and forecast, by end-use industry

6.4.7. India

6.4.7.1. Market size and forecast, by end-use industry

6.4.8. Rest of Asia-Pacific

6.4.8.1. Market size and forecast, by end-use industry

6.5. LAMEA

6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast
6.5.3. Latin America

6.5.3.1. Market size and forecast, by end-use industry

6.5.4. Middle East

6.5.4.1. Market size and forecast, by end-use industry

6.5.5. Africa

6.5.5.1. Market size and forecast, by end-use industry

Chapter: 7. COMPANY PROFILES

7.1. BASF SE

7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Business Performance
7.1.5. Key Strategic Moves and Developments

7.2. SUN CHEMICAL CORPORATION

7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Business Performance
7.2.5. Key Strategic Moves and Developments

7.3. CLARIANT AG

7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Business Performance
7.3.5. Key Strategic Moves and Developments

7.4. POLYONE CORPORATION

7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Business Performance
7.4.5. Key Strategic Moves and Developments

7.5. E. I. DU PONT DE NEMOURS AND COMPANY

7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Business Performance
7.5.5. Key Strategic Moves and Developments

7.6. LANXESS

7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Business Performance
7.6.5. Key Strategic Moves and Developments

7.7. HUNTSMAN CORPORATION

7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Business Performance
7.7.5. Key Strategic Moves and Developments

7.8. DYSTAR

7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Business Performance
7.8.5. Key Strategic Moves and Developments

7.9. DIC CORPORATION

7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Business Performance
7.9.5. Key Strategic Moves and Developments

7.10. CABOT CORPORATION

7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Business Performance
7.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL COLORANTS MARKET VALUE BY TYPE, 2016-2023 ($MILLION)
TABLE 2. GLOBAL COLORANTS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 3. GLOBAL DYES COLORANTS MARKET VALUE BY REGION, 2016-2023 ($MILLION)
TABLE 4. GLOBAL DYES COLORANTS MARKET VOLUME BY REGION, 2016-2023 (TONS)
TABLE 5. GLOBAL PIGMENTS COLORANTS MARKET VALUE BY REGION, 2016-2023 ($MILLION)
TABLE 6. GLOBAL PIGMENTS COLORANTS MARKET VOLUME BY REGION, 2016-2023 (TONS)
TABLE 7. GLOBAL COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 8. GLOBAL COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 9. GLOBAL COLORANTS MARKET VALUE FOR PACKAGING, BY REGION, 2016-2023 ($MILLION)
TABLE 10. GLOBAL COLORANTS MARKET VOLUME FOR PACKAGING, BY REGION, 2016-2023 (TONS)
TABLE 11. GLOBAL COLORANTS MARKET VALUE FOR BUILDING & CONSTRUCTION, BY REGION, 2016-2023 ($MILLION)
TABLE 12. GLOBAL COLORANTS MARKET VOLUME FOR BUILDING & CONSTRUCTION, BY REGION, 2016-2023 (TONS)
TABLE 13. GLOBAL COLORANTS MARKET VALUE FOR AUTOMOTIVE, BY REGION, 2016-2023 ($MILLION)
TABLE 14. GLOBAL COLORANTS MARKET VOLUME FOR AUTOMOTIVE, BY REGION, 2016-2023 (TONS)
TABLE 15. GLOBAL COLORANTS MARKET VALUE FOR TEXTILES, BY REGION, 2016-2023 ($MILLION)
TABLE 16. GLOBAL COLORANTS MARKET VOLUME FOR TEXTILES, BY REGION, 2016-2023 (TONS)
TABLE 17. GLOBAL COLORANTS MARKET VALUE FOR PAPER & PRINTING, BY REGION, 2016-2023 ($MILLION)
TABLE 18. GLOBAL COLORANTS MARKET VOLUME FOR PAPER & PRINTING, BY REGION, 2016-2023 (TONS)
TABLE 19. GLOBAL COLORANTS MARKET VALUE FOR OTHERS, BY REGION, 2016-2023 ($MILLION)
TABLE 20. GLOBAL COLORANTS MARKET VOLUME FOR OTHERS, BY REGION, 2016-2023 (TONS)
TABLE 21. GLOBAL COLORANTS MARKET VALUE BY REGION, 2016-2023 ($MILLION)
TABLE 22. GLOBAL COLORANTS MARKET VOLUME BY REGION, 2016-2023 (TONS)
TABLE 23. NORTH AMERICA COLORANTS MARKET VALUE BY TYPE, 2016-2023 ($MILLION)
TABLE 24. NORTH AMERICA COLORANTS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 25. NORTH AMERICA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 26. NORTH AMERICA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 27. NORTH AMERICA COLORANTS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 28. NORTH AMERICA COLORANTS MARKET VOLUME, BY COUNTRY, 2016-2023 (TONS)
TABLE 29. U.S. COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 30. U.S. COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 31. CANADA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 32. CANADA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 33. MEXICO COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 34. MEXICO COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 35. EUROPE COLORANTS MARKET VALUE BY TYPE, 2016-2023 ($MILLION)
TABLE 36. EUROPE COLORANTS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 37. EUROPE COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 38. EUROPE COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 39. EUROPE COLORANTS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 40. EUROPE COLORANTS MARKET VOLUME, BY COUNTRY, 2016-2023 (TONS)
TABLE 41. GERMANY COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 42. GERMANY COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 43. FRANCE COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 44. FRANCE COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 45. ITALY COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 46. ITALY COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 47. UK COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 48. UK COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 49. SPAIN COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 50. SPAIN COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 51. REST OF EUROPE COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 52. REST OF EUROPE COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 53. ASIA-PACIFIC COLORANTS MARKET VALUE BY TYPE, 2016-2023 ($MILLION)
TABLE 54. ASIA-PACIFIC COLORANTS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 55. ASIA-PACIFIC COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 56. ASIA-PACIFIC COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-(TONS)
TABLE 57. ASIA PACIFIC COLORANTS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 58. ASIA PACIFIC COLORANTS MARKET VOLUME, BY COUNTRY, 2016-2023 (TONS)
TABLE 59. CHINA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 60. CHINA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 61. JAPAN COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 62. JAPAN COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 63. KOREA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 64. KOREA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 65. AUSTRALIA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 66. AUSTRALIA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 67. INDIA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 68. INDIA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 69. REST OF ASIA-PACIFIC COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 70. REST OF ASIA-PACIFIC COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 71. LAMEA COLORANTS MARKET VALUE BY TYPE, 2016-2023 ($MILLION)
TABLE 72. LAMEA COLORANTS MARKET VOLUME BY TYPE, 2016-2023 (TONS)
TABLE 73. LAMEA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 74. LAMEA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 75. LAMEA COLORANTS MARKET VALUE, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 76. LAMEA COLORANTS MARKET VOLUME, BY COUNTRY, 2016-2023 (TONS)
TABLE 77. LATIN AMERICA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 78. LATIN AMERICA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 79. MIDDLE EAST COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 80. MIDDLE EAST COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 81. AFRICA COLORANTS MARKET VALUE BY END-USE INDUSTRY, 2016-2023 ($MILLION)
TABLE 82. AFRICA COLORANTS MARKET VOLUME BY END-USE INDUSTRY, 2016-2023 (TONS)
TABLE 83. BASF SE: COMPANY SNAPSHOT
TABLE 84. BASF SE: OPERATING SEGMENTS
TABLE 85. SUN CHEMICAL CORPORATION: COMPANY SNAPSHOT
TABLE 86. SUN CHEMICAL CORPORATION: OPERATING SEGMENTS
TABLE 87. CLARIANT AG: COMPANY SNAPSHOT
TABLE 88. CLARIANT AG: OPERATING SEGMENTS
TABLE 89. POLYONE CORPORATION: COMPANY SNAPSHOT
TABLE 90. POLYONE CORPORATION: OPERATING SEGMENTS
TABLE 91. E. I. DU PONT DE NEMOURS AND COMPANY: COMPANY SNAPSHOT
TABLE 92. E. I. DU PONT DE NEMOURS AND COMPANY: OPERATING SEGMENTS
TABLE 93. LANXESS: COMPANY SNAPSHOT
TABLE 94. LANXESS: OPERATING SEGMENTS
TABLE 95. HUNTSMAN CORPORATION: COMPANY SNAPSHOT
TABLE 96. HUNTSMAN CORPORATION: OPERATING SEGMENTS
TABLE 97. DYSTAR: COMPANY SNAPSHOT
TABLE 98. DYSTAR: OPERATING SEGMENTS
TABLE 99. DIC CORPORATION: COMPANY SNAPSHOT
TABLE 100. DIC CORPORATION: OPERATING SEGMENTS
TABLE 101. CABOT CORPORATION: COMPANY SNAPSHOT
TABLE 102. CABOT CORPORATION: OPERATING SEGMENTS

List of Figures

FIGURE 1. GLOBAL COLORANTS MARKET, 2016-2023
FIGURE 2. GLOBAL COLORANTS MARKET BY REGION, 2016-2023
FIGURE 3. GLOBAL COLORANTS MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN COLORANTS MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. DRIVERS AND RESTRAINTS: GLOBAL COLORANTS MARKET
FIGURE 12. GLOBAL COLORANTS MARKET SHARE, BY TYPE
FIGURE 13. GLOBAL COLORANTS MARKET SHARE, BY END-USE INDUSTRY
FIGURE 14. U.S. COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 15. CANADA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 16. MEXICO COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 17. GERMANY COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 18. FRANCE COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 19. ITALY COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 20. UK COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 21. SPAIN COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 22. REST OF EUROPE COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 23. CHINA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 24. JAPAN COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 25. KOREA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 26. AUSTRALIA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 27. INDIA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 28. REST OF ASIA-PACIFIC COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 29. LATIN AMERICA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 30. MIDDLE EAST COLORANTS MARKET VALUE, 2016-2023 ($MILLION)
FIGURE 31. AFRICA COLORANTS MARKET VALUE, 2016-2023 ($MILLION)

 

Colorants are used to enhance the external appearance of products such as clothes, paper, and cosmetics. The most common colorants are dyes and pigments. Dyes are soluble in water and cater mainly to textile industry, whereas pigments are insoluble and serve industries such as packaging, paper, and printing. These colorants are available in liquid, liquid gel, gel paste, and powder forms and can be derived from natural sources or artificially produced. Natural sources include flora, fauna, and minerals.

The global colorants market was dominated by the pigments segment owing to its increased use in the building & construction and automotive industries. Based on end use, the packaging industry is projected to register the highest growth rate in coming years due to the augmented demand from plastics industry.

Upsurge in demand from plastic, paper & printing, and automotive is expected to drive the market growth. However, the oversupply of dyestuff, leading to its decreased prices hampers the market growth. Moreover, the recycling of plastics restraints the market.

 

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