Synthetic Dyes and Pigment Market Report: Trends, Forecast and Competitive Analysis to 2030

Synthetic Dyes and Pigment Trends and Forecast

The future of the global synthetic dyes and pigment market looks promising with opportunities in the textile, food and beverage, paints and coating, cosmetics and personal care markets. The global synthetic dyes and pigment market is expected to reach an estimated $98.8 billion by 2030 with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are growing demand for high-performance pigments and economic growth, rising demand from the packaging industry, as well as, global acceptance of colored food preparations and changing eating habits of people.

A more than 150-page report is developed to help in your business decisions.

Synthetic Dyes and Pigment by Segment

The study includes a forecast for the global synthetic dyes and pigment by product type, application, and region.

Synthetic Dyes and Pigment Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Pigments
• Dyes

Synthetic Dyes and Pigment Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Textiles
• Food and Beverages
• Paints and Coatings
• Cosmetics and Personal Care
• Others

Synthetic Dyes and Pigment Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Synthetic Dyes and Pigment Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies synthetic dyes and pigment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the synthetic dyes and pigment companies profiled in this report include-

• BASF
• The Chemours
• Tronox
• Kronos Worldwide
• DIC
• Kao
• Lanxess
• Merck
• Ferro
• Sudarshan Chemical Industries

Synthetic Dyes and Pigment Market Insights

Lucintel forecasts that dye will remain the largest segment over the forecast period due to increasing demand globally from several end-use sectors, as well as, may add color to a variety of substrates, such as paper, textiles, plastic, wax, and medications, among others.

APAC is expected to witness highest growth over the forecast period due to the rising need for synthetic dyes and pigments in industries such as textiles, food and beverages, paints and coatings, cosmetics, and personal care.

Features of the Global Synthetic Dyes and Pigment Market

Market Size Estimates: Synthetic dyes and pigment market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Synthetic dyes and pigment market size by product type, application, and region in terms of value ($B).

Regional Analysis: Synthetic dyes and pigment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different product type, application, and regions for the synthetic dyes and pigment market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the synthetic dyes and pigment market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the synthetic dyes and pigment market size?

Answer: The global synthetic dyes and pigment market is expected to reach an estimated $98.8 billion by 2030.

Q2. What is the growth forecast for synthetic dyes and pigment market?

Answer: The global synthetic dyes and pigment market is expected to grow with a CAGR of 9.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the synthetic dyes and pigment market?

Answer: The major drivers for this market are growing demand for high-performance pigments and economic growth, rising demand from the packaging industry, as well as, global acceptance of colored food preparations and changing eating habits of people.

Q4. What are the major segments for synthetic dyes and pigment market?

Answer: The future of the global synthetic dyes and pigment market looks promising with opportunities in the textile, food and beverage, paints and coating, cosmetics and personal care markets.

Q5. Who are the key synthetic dyes and pigment market companies?

Answer: Some of the key synthetic dyes and pigment companies are as follows.

• BASF
• The Chemours
• Tronox
• Kronos Worldwide
• DIC
• Kao
• Lanxess
• Merck
• Ferro
• Sudarshan Chemical Industries

Q6. Which synthetic dyes and pigment market segment will be the largest in future?

Answer: Lucintel forecasts that dye will remain the largest segment over the forecast period due to increasing demand globally from several end-use sectors, as well as, may add color to a variety of substrates, such as paper, textiles, plastic, wax, and medications, among others.

Q7. In synthetic dyes and pigment market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to the rising need for synthetic dyes and pigments in industries such as textiles, food and beverages, paints and coatings, cosmetics, and personal care.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the synthetic dyes and pigment market by product type (pigments and dyes), application (textiles, food and beverages, paints and coatings, cosmetics and personal care, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?