Market Research Report
Colorants Market Analysis By Application (Plastic, Textile, Food, Personal Care, Printing, Paints & Coatings), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2014 - 2025
|Published by||Grand View Research, Inc.||Product code||490516|
|Published||Content info||215 Pages
Delivery time: 2-3 business days
|Colorants Market Analysis By Application (Plastic, Textile, Food, Personal Care, Printing, Paints & Coatings), By Region (North America, Europe, Asia Pacific, Central & South America, MEA), And Segment Forecasts, 2014 - 2025|
|Published: March 3, 2017||Content info: 215 Pages||
The global colorants market is expected to reach USD 37.49 billion by 2025, according to a new report by Grand View Research, Inc. Rising consumer demand for dyestuffs in various end-use segments such as plastics, textiles, food, and paints & coating is anticipated to act as a major growth factor for the global market over the next few years.
Growing population, increasing disposable income coupled with consumer spending on packaged food products and fashionable garments is estimated to drive product demand over the forecast period. Increasing awareness of environment-friendly feature and health benefits of natural colorants coupled with favorable government regulations towards eco-friendly initiatives are anticipated to remain a key factor for the growth of natural ingredients market over the next nine years.
Paints & coatings sector is expected to appear as the fastest growing application segment and is estimated to exceed USD 10 billion by 2025. Rising pigment and dye demand coupled with growing investment in advanced technologies used for the production of colorants are major factors contributing towards significant product demand in paints and coatings sector.
Caramel colors used in foods and beverages, including batter, buns, brown bread, chocolate, cookies, spirits, cough drops, and liquor such as beer, brandy, whiskey, and rum, are expected to remain the leading product category in food segment over the forecast period. The segment is estimated to reach a net worth exceeding USD 47.9 million by 2025.