Global Pigments and Dyes Market: Overview
A pigment is a chemical material uses to color other materials. It is the chemical material which changes its color into transmitted light. A pigment may absorb certain wavelengths of light. A pigment possesses high tinting strength as compared to other coloring materials. Pigmentation is totally differed from luminescence, fluorescence, and phosphorescence. This phenomenon is completely different from other light emitting materials. Dyes are naturally colored substances and have resemblance with the substrate on which they are applied. For instance, Clariant—a world leader in specialty chemicals—introduced a Neosan Lucido-pioneering pigment. It is the unique discovery for the leather industry to retain leather’s natural characteristics.
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Global Pigments and Dyes Market: Segmentation
The global pigments and dyes market is classified on the basis of application as printing inks, paints & coatings, textiles, constructions, paper & specialty, leather, plastics, and others. The textiles are the largest application segment in the global pigments and dyes market. Further, the global market is segmented on the basis of the product as organic pigments and dyes. Dyes segment is further sub-segmented into direct dyes, reactive dyes, basic dyes, sulfur dyes, acid dyes, disperse dyes, VAT dyes, and others. Furthermore, organic pigments segment is sub-segmented into high-performance pigments, azo, and phthalocyanines blues and greens.
Global Pigments and Dyes Market: Growth Factors
Pigments and dyes are widely used in the various applications such as coatings, textiles, pharmaceuticals, plastics, paints, and others. Quinacridones is extensively used to increase the performance of the pigments; hence, quinacridones is also called as the high-performance pigment. This, in turn, is expected to drive the global market in future. Pigments and dyes are witnessing high demand in the automotive industries mainly due to their properties such as long life, light and heat resistance, durable, improved quality, and high pigment concentration. Increasing demand for such high-performance pigments in automobiles sectors in India and China may boost the global market growth in future.
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Global Pigments and Dyes Market: Regional Analysis
Asia Pacific is the dominating region in the pigments and dyes market owing to improved lifestyle and rising status. China and India are growing at the fast rate due to exponential growth in manufacturing hubs for pigments and dyes. Taiwan is emerging region owing to shifting consumer preferences which are anticipated to boost the global market. Growing urbanization and rapid industrial development in Asia Pacific are attributed to growth in the pigments and dyes market in future. Furthermore, Indonesia also shows healthy growth in the market.
Global Pigments and Dyes Market: Competitive Players
Some of the key players dominating the global pigments and dyes market are Huntsman International, LLC, Cathay Pigments, Inc., Heubach GmbH, Ferro Corp., Dainichiseika Color & Chemicals Mfg. Co., Ltd., Ishihara Corporation, E.I. du Pont de Nemours and Company, Sun Chemical Corporation, and Lanxess AG. Other major players influencing the global market are Tronox, Inc., Merck KGAA, Kronos Worldwide, Inc., Kemira Oyj, The Shepherd Color Company, Silberline Manufacturing Co., Inc., Toyo Ink SC Holdings Co., Ltd., and Flint Group.
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Global Pigments and Dyes Market: Regional Segment Analysis
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