img

Global Dye & Pigment Intermediates Market Size By Chemical Type, By Application, By End-User Industry, By Geographic Scope And Forecast


Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Dye & Pigment Intermediates Market Size By Chemical Type, By Application, By End-User Industry, By Geographic Scope And Forecast

Dye & Pigment Intermediates Market Size And Forecast

Dye & Pigment Intermediates Market size was valued at USD 25.8 Billion in 2023 and is projected to reach USD 40.9 Billion by 2030, growing at a CAGR of 6.8 % during the forecast period 2024-2030.

Global Dye & Pigment Intermediates Market Drivers

The growth and development of the Dye & Pigment Intermediates Market is attributed to certain main market drivers. These factors have a big impact on how integrated gas systems are demanded and adopted in different sectors. Several of the major market forces are as follows

  • Expanding Textile Sector One of the main markets for dye and pigment intermediates is the textile sector. The demand for textiles—including apparel, home furnishings, and industrial textiles—is rising in tandem with the world’s population growth.
  • Growing Need for Packaging Materials To differentiate products and provide visual appeal, the packaging sector frequently uses colours and pigments. The need for packaging materials rises in tandem with the growth of the e-commerce and retail sectors, and this could propel the dye and pigment intermediates market.
  • Increasing Construction Activities Paints and coatings, among other building products, contain pigments. Global urbanisation and infrastructure development mean that the market for dye and pigment intermediates may benefit from the expansion of the construction sector.
  • Growth of the car Sector Plastics, coatings, and other materials can be coloured using dyes and pigments in the car industry. The need for these intermediates can rise as the automotive sector develops.
  • Technological Advancements New products with enhanced qualities may be produced as a result of ongoing research and development in the field of dye and pigment intermediates. Technological developments can stimulate market expansion by satisfying the changing demands of different sectors.
  • Sustainability and Environmental Regulations The need for environmentally friendly and sustainable dye and pigment intermediates may be fueled by growing public awareness of environmental issues and the implementation of stricter laws governing the usage of specific chemicals.
  • Regional Economic Growth The demand for dye and pigment intermediates might rise as a result of increasing consumer expenditure and industrial activity in particular regions.
  • Consumer Preferences and Trends The market for particular kinds of dyes and pigments may change in response to shifting consumer preferences and trends, such as an increase in the desire for natural and eco-friendly products.
  • Trade and Globalisation The market for dye and pigment intermediates may be impacted by the linked economies of the world. The supply chain and market dynamics may be impacted by changes in tariffs, geopolitical events, and international trade rules.

Global Dye & Pigment Intermediates Market Restraints

The Dye & Pigment Intermediates Market has a lot of room to grow, but there are several industry limitations that could make it harder for it to do so. It’s imperative that industry stakeholders comprehend these difficulties. Among the significant market limitations are

  • Environmental and Regulatory Compliance Manufacturers in the dye and pigment intermediates sector may face difficulties in complying with strict environmental requirements pertaining to the use and disposal of specific chemicals. It could be necessary to make additional research and development expenses in order to comply with requirements pertaining to worker safety and environmental effect.
  • Price volatility for raw materials The price and accessibility of raw resources, such as derivatives of petrochemicals, can fluctuate. Price fluctuations for raw materials could have an effect on the total cost of manufacturing for dye and pigment intermediates, which would reduce manufacturers’ profit margins.
  • High Research and Development Costs Significant research and development funds are needed to create novel, ecologically acceptable dye and pigment intermediates. High R&D expenses might be a barrier, especially for the industry’s smaller businesses.
  • Substitute Products The market may be threatened by the development of substitute materials or technologies that can take the place of conventional dye and pigment intermediates. Technological developments in digital printing, for instance, could affect the market for particular kinds of dyes.
  • End-use industries that are cyclical in nature include textile, automotive, and construction industries. These industries are among the biggest users of dye and pigment intermediates. The need for intermediates may decline as a result of fluctuations in the economy or downturns in certain end-use industries.
  • Global Economic Uncertainty Trade disputes, geopolitical tensions, and economic uncertainty can all have an effect on global markets, which can then have an influence on consumer confidence and industrial activity. The demand for dye and pigment intermediates may decline as a result of these concerns.
  • Restricted Water Resources The textile industry, in particular, uses a lot of water during the dyeing process. Production operations might be hampered by water scarcity or strict water consumption laws, which can raise operating expenses.
  • Change in Consumer Preferences The market for particular kinds of dyes and pigments may be impacted by shifts in consumer preferences, such as a move towards sustainability or minimalism in items. For businesses to remain competitive, they must adjust to changing trends.
  • High Energy Consumption The manufacture of pigments and dyes might involve energy-intensive processes. Growing energy expenses or the need to cut carbon emissions could present problems for businesses in terms of sustainability and cost.
  • Tariffs and Trade Barriers Export-import limitations, tariffs, and trade barriers can have an effect on the dynamics and price of the dye and pigment intermediates market by impacting the global supply chain.

Global Dye & Pigment Intermediates Market Segmentation Analysis

The Global Dye & Pigment Intermediates Market is Segmented on the basis of Chemical Type, Application, End-User Industry and Geography.

Dye & Pigment Intermediates Market, By Chemical Type

  • Dye Intermediates
  • Aromatic AminesChemicals known as aromatic amines are utilised to make azo dyes among other types of colours.
  • Naphthalene DerivativesBuilding blocks for the manufacture of colours used in the paper, textile, and other industries are naphthalene derivatives.
  • Pigment Intermediates
  • AnilineAn essential pigment intermediary utilised in the creation of coatings, polymers, and inks is aniline.
  • Phthalic AnhydrideThe manufacture of pigments for paints, plastics, and textiles uses phthalic anhydride.

Dye & Pigment Intermediates Market, By Application

  • Textile Industry
  • Dye Intermediates for FabricSubstances used to colour both synthetic and natural fibres.
  • Pigment Intermediates for PrintingPigments used in textile printing have intermediates.
  • Paints and Coatings
  • Solvent-Based Pigment IntermediatesPigments used in solvent-based paints and coatings have intermediates known as solvent-based pigments.
  • Water-Based Pigment IntermediatesPigments that work well as intermediates in paint formulas that use water.

Dye & Pigment Intermediates Market, By End-User Industry

  • Printing and Packaging
  • Ink IntermediatesChemicals used to produce printing inks for a variety of uses are known as ink intermediates.
  • Packaging Pigment IntermediatesPigments used in packaging materials that have intermediate forms.
  • Plastics Industry
  • Colorants for PlasticsPlastic colourants are intermediates made of dye and pigment that are used to colour plastic items.
  • UV StabilizersIntermediates that improve polymeric pigments’ resilience to UV light.

Dye & Pigment Intermediates Market, By Geography

  • North America
  • Asia-Pacific
  • Europe
  • Latin America

Key Players

The major players in the Dye & Pigment Intermediates Market are

  • BASF SE (Germany)
  • Clariant AG (Switzerland)
  • Atul Limited (India)
  • Sudarshan Chemicals Industries Limited (India)
  • DIC Corporation (Japan)
  • Huntsman Corporation (U.S.)
  • Kiri Industries Ltd. (India)
  • Kronos Worldwide, Inc. (U.S.)
  • Lanxess AG (Germany)
  • Cabot Corp. (U.S.)
  • E.I. Dupont De Nemours & Co. (U.S.)
  • Solvay S.A. (Belgium)
  • Archroma Inc. (Switzerland)

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2030

Base Year

2023

Forecast Period

2024-2030

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

BASF SE (Germany), Clariant AG (Switzerland), Atul Limited (India), Sudarshan Chemicals Industries Limited (India), DIC Corporation (Japan), Huntsman Corporation (U.S.), Kiri Industries Ltd. (India), Kronos Worldwide, Inc. (U.S.).

Segments Covered

By Chemical Type, By Application, By End-User Industry, By Geography.

Customization scope

Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope

Top Trending Reports

Research Methodology of Market Research

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as a future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

Customization of the Report

• In case of any please connect with our sales team, who will ensure that your requirements are met.

Table of Content

To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )
To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )