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GIA announces the release of a comprehensive global report on Pigments and Dyes markets. Global market for Pigments and Dyes is projected to reach US$46.4 billion by 2020, driven by increasing textile production in developing countries, stringent standards, and surging demand from end-use applications.
San Jose, California (PRWEB) July 09, 2014
Follow us on LinkedIn Pigments are colored or fluorescent particulate organic and inorganic solids, usually insoluble and unaffected both physically and chemically by the vehicle or substrate in which they are used. Organic pigments have higher brightness and tinting strength and are capable of replacing inorganic pigments. Commercial types of pigments include dry powder pigments, flushed colors, presscakes, pigment concentrates, fluid dispersions, surface treated pigments and resin bonds. Dyes are coloring pigments with brilliant shades that impart color to the substrate in solution form.
Surging demand for pigments in key end-use markets such as paints and coatings, plastics, paper, and printing inks, among others, represent the primary driver for the strong evolution of the market over the past few years. The construction industry, which uses pigments in paints and varnishes and in construction materials in the form of roof tiles, paving stones, etc., also represents an important growth indicator for the pigments market. Future growth of the market will be driven by increasing applications of pigments in cosmetics, ceramics, and glass manufacturing for providing modern colors, gloss and special visual effects as well as innovative packaging. Demand for pigments in the printing ink segment is expected to grow significantly supported by increased printed packaging across F&B, pharmaceutical, and consumer health industries as well as the increased use of color printers.
New, high quality, high performance and innovative pigments that offer additional properties such as UV, corrosion resistance, anti-bacterial and self-cleaning are poised to benefit market prospects in the near term. Widespread adoption of natural, organic and eco-friendly dyes that overcome the drawbacks of traditional dyes such as toxicity, environmental hazards and high energy consumption is also expected to bode well for the dyes market. Increasing prominence of luminescent pigments and fluorescent dyes in security applications such as tamper-evident seals for pharmaceutical and other products; and in brand protection applications where they are used to print proprietary invisible security prints on product labels, credit cards, and licenses, are expected to expand market opportunities in the next few years.
As stated by the new market research report on Pigments and Dyes, Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 8.3% over the analysis period. Steadily growing economies, rapid industrialization, elimination of quotas on textile industry, thriving end-use industries, and a paradigm shift in production to low-cost Asian countries represent important growth drivers in the region. China, Taiwan and Korea possess stronghold in disperse dyes, while India leads in the production of reactive dyes worldwide.
Key players covered in the report include ALTANA AG, BASF SE, Cathay Pigments, Inc., Clariant International Limited, DIC Corporation, Sun Chemical Corporation, Dainichiseika Color & Chemicals Mfg. Co., Ltd., E.I. du Pont de Nemours and Company, Ferro Corp., Heubach GmbH, Huntsman International, LLC, Ishihara Corporation, Kemira Oyj, Kronos Worldwide, Inc., Lanxess AG, Merck KGAA, Silberline Manufacturing Co., Inc., The Shepherd Color Company, Toyo Ink SC Holdings Co., Ltd., and Tronox, Inc., among others.
The research report titled Pigments and Dyes: A Global Strategic Business Report announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, issues, mergers, acquisitions, and other strategic industry activities of major players worldwide. The report provides market estimates and projections in volume (Tons) and value (US$) for all major geographic markets such as the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product segments analyzed include Dyes (Acid Dyes, Basic Dyes, Direct Dyes, Disperse Dyes, Fiber Reactive Dyes, Vat Dyes, Fluorescent Brighteners, and Other Dyes), Inorganic Pigments (Titanium Dioxide, Iron Oxides, and Other Inorganic Pigments), and Organic Pigments.
For more details about this comprehensive market research report, please visit http://www.strategyr.com/Pigments_and_Dyes_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
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