Colorants Market Size By Form, By End-Use Industry, By Competitive Landscape, By Geographic Scope And Forecast


Posted February 15, 2020 by jennysmith

Colorants Market was valued at USD 52.9 Billion in 2018 and is projected to reach USD 80.1 Billion by 2026, growing at a CAGR of 5.28% from 2019 to 2026.

 
Colorants Market Size And Forecast
According to Verified Market Research, the Global Colorants Market was valued at USD 52.9 Billion in 2018 and is projected to reach USD 80.1 Billion by 2026, growing at a CAGR of 5.28% from 2019 to 2026.

What is Colorant?
A colorant is a substance that is added or applied to change the color of the material or surface. The colorant or color additives are used in many applications such as printing, painting, and coloring many types of materials such as foods and plastics. Most of the colorants are of organic or inorganic compounds and used for coloring textiles, papers, inks, cosmetics, and plastics. They are generally classified according to the chemical structure method of application, dyeing properties, and utilization. Thus, owing to applications and recent development in different verticals has increased the demand for the colorants.

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Global Colorants Market Outlook
In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The growing disposable income of an individual in emerging economies coupled with the growing spending on fashionable garments is anticipated to drive the growth of the market. the increasing demand for pigments from the textile industry and automotive industry. The rise in the demand for colorant for coloring plastics for packaging is also expected to drive the growth of the market. However, restriction on the use of some artificial colorant is likely to hinder the growth of the market. Moreover, the growing demand for packaged food products is likely to drive the growth of the market.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Colorants Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Global Colorants Market Competitive Landscape
The “Global Colorants Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Clariant AG, BASF SE, DIC Corporation, Huntsman Corporation, E. I. du Pont de Nemours & Company, Cabot Corporation, LANXESS AG, PolyOne Corporation, Sun Chemical Corporation, and Cathay Industries.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

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Colorants Market Segment Analysis
Colorants Market is segmented into form, end-use industry, and geographic analysis.

Colorants Market, By Form
• Pigments
• Dyes
• Masterbatches
• Color Concentrates

Colorants Market, By End-Use Industry
• Packaging
• Building & Construction
• Automotive
• Textiles
• Paper & Printing
• Others

Colorants Market Geographic Scope
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

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Issued By vmr
Country United States
Categories Business
Tags colorants market
Last Updated February 15, 2020