Global Colorants Market Expecting an Outstanding Growth Till 2024

Global Colorants Market– By Type {Pigments (Organic, Inorganic),Dyes, Color Concentrates (Solid, Liquid) Master batches(Black, White, Color)} Application(Packaging, Textiles, Paper &Printing, Automotive, Building &Construction), End-user, Geography – Industry Trends and Forecast to 2024

Market Analysis: Global Colorants Market

The global colorants market accounted for USD 45.47 billion in 2016 and is projected to grow at a CAGR of 5.2% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Market Definition: Global Colorants Market

A colorant is used to impart color to a particular product or material. Most common uses of colorants are in printing and painting. They work by absorbing an amount of light with different wavelengths, while reflecting the remaining portion in scattered or straight lines. Colorants are broadly classified into dyes and pigments. Growing demand for aesthetic and eye-catching products is expected to play a key role in the growth of this market over the forecast period.

Major market drivers:

  • Rising awareness regarding environment
  • Increasing demand for plastics and
  • Growing demand for natural colorants

Restraints:

  • Environment rules and regulations.

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Market Segmentation: Global Colorants Market

On the basis of type, global colorants market is segmented into pigments, dyes, color concentrates and masterbatches. Pigments market is sub segmented into organic pigments, inorganic pigments. Organic pigment is further sub segmented into azo pigments, anthraquinone pigments, polycyclic pigments, triarylcarbonium pigments, dioxazine pigments and quinophthalone pigments. Inorganic pigment is further sub segmented into colored and white. Colored is further sub segmented into complex inorganic colored pigments (CICP), metal salts and metal oxides. White is further sub segmented into opaque pigments and non-opaque pigments.

Dyes market is sub segmented into type, nature, chemistry and lake. Types of dyes are further sub segmented into natural dyes and synthetic dyes. Natures of dyes include acid nature and basic nature. By chemistry of dyes further sub segmented into direct, mordant, reactive, disperse, azoic, vat, sulphur, acid dyes and others. Lake is further sub segmented into basic, fat soluble and metal complex.

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Color concentrates are further sub segmented into solid color concentrates and liquid color concentrates. Master batches are further sub segmented into Black, White and Color.

On the basis of end use, global colorants market is segmented into packaging, textiles, paper & printing, automotive and building & construction. Packaging is further sub segmented into food & beverage packaging, healthcare & pharmaceutical packaging and consumer goods packaging. Textiles are further sub segmented into fabric coloring, leather and printed fabric. Paper & Printing is further sub segmented into paper and printing & inks.   Automotive is further sub segmented into paints & coatings, textiles and plastics. Building & Construction is further sub segmented into paints & coatings where it is again further sub segmented into plastics.

On the basis of geography, global colorants films market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Analysis: Global Colorants Market

The global colorants films market is fragmented due to the presence of a large number of players across different regions. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

Major Market Competitors: Global Colorants Market

Some of the major players operating in special colorants market are BASF SE, Du Pont, Clariant, Huntsman Corporation, Sun Chemical Corporation, DIC Corporation, Lanxess, Cabot Corporation, Dystar, A. Schulman, Inc., Flint Group, Ferro Corporation, The DOW Chemical Company, Greenville Colorants, LLC, Solvay, The Chemours Company, Holland Colours, Polyone Corporation, Ferro Corporation and Heubach Color among others.

Research Methodology: Global Colorants Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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