Global Synthetic Dye And Pigment Market Report 2021 – Opportunities And Strategies, Market Forecast And Trends
The Global Synthetic Dye And Pigment Market Report by The Business Research Company covers synthetic dye and pigment market drivers and restraints, synthetic dye and pigment market size, major players, and the impact of COVID-19 on the synthetic dye and pigment market.
The synthetic dye and pigment market consists of the sales of synthetic dyes and pigments by entities (organizations, sole traders or partnerships) that produce synthetic organic and inorganic dyes and pigments, such as lakes and toners (except electrostatic and photographic). The synthetic dye and pigment market is segmented into synthetic dye and synthetic pigment.
The synthetic dyes and pigments market is expected to be driven by the rapidly growing packaging industry. This is mainly due to increased demand from the toiletries, food & beverages, healthcare, and other industries, particularly in emerging economies.
The global synthetic dye and pigment market is expected to grow from $53.95 billion in 2020 to $58.61 billion in 2021 at a compound annual growth rate (CAGR) of 8.6%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $68.35 billion in 2025 at a CAGR of 4%.
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Some synthetic dye and pigment market trends include many textiles companies adopting eco-friendly dyes for producing textiles and fabrics. These companies do not use harmful dyes as they cause extensive damage to the environment and are known to cause skin allergies and respiratory diseases. Due to the positive environmental characteristics and low toxicity of eco-friendly dyes, many companies are moving toward eco-friendly organic dyes, though they are priced higher than inorganic dyes. Companies that manufacture eco-friendly dyes include DyStar, Huntsman and Archroma.
Global synthetic dye and pigment market segments include:
1) By Type: Synthetic Dye, Synthetic Pigments.
Subsegments Covered: Disperse Dyes, Acid Dyes, Basic Dyes, Direct Dyes, VAT Dyes, Reactive Dyes, Other Dyes, Organic Pigments, Inorganic Pigments, Textile, Food & Beverages, Paper, Ink, Leather, Others, Paints & Coatings, Plastics, Printing Inks, Textile, Cosmetics & Personal Care, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest global synthetic dye and pigment market share.
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The Synthetic Dye And Pigment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides synthetic dye and pigment market overviews, analyzes and forecasts market size, share, synthetic dye and pigment market players, synthetic dye and pigment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The synthetic dye and pigment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Synthetic Dye And Pigment Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BASF SE, The Chemours Company, Venator Materials PLC, Kronos Worldwide Inc., Tronox Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Synthetic Dye And Pigment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Synthetic Dye And Pigment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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