Below are some of the key findings from the dyes and pigments market analysis:

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Global dyes and Pigments Industry Overview

The growing demand for paints and coatings is one of the critical reasons expected to propel the dyes and pigments market's growth in the next five years. Manufacturers from the aviation, construction, and automotive industries mix surface-coating products such as varnishes, sealants, paints, and coatings with pigments and dyes. This enhances the aesthetic appearance, protects the materials from rust, and offers UV resistance. Also, there is an increase in the demand for organic dyes, direct dyes, disperse dyes, and organic pigments due to the rising preference for low volatile organic compound emission products in paints.

The increasing preference for non-toxic natural dyes will drive the dyes and pigments market to grow at a CAGR of over 4% during the forecast period. Manufacturers use environment-friendly sources such as invertebrates, minerals, and plants to derive non-toxic natural dyes. Plant-based dyes are extensively used as they provide superior protection to fiber, offer better consistency and quality, and are easily available.

Top dyes and pigments companies covered in this market research report

The dyes and pigments market is fragmented. Market players are focusing on expanding their customer base by adopting strategic initiatives such as joint ventures, product launches, acquisitions, expansions, and mergers. By offering a complete analysis of the market's competitive landscape and with information on the products offered by the companies, this dyes and pigments industry analysis report will allow the clients to identify new growth opportunities and design innovative strategies to improve their share in the market.

The report offers a complete analysis of various companies including:

• ALTANA
• BASF
• Clariant
• DowDuPont
• Huntsman International
• LANXESS

Dyes and pigments market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, APAC will contribute to the highest market share of this market throughout the forecast period.  The rising demand for dyes and pigments from end-user industries such as construction, paints and coatings, and textiles sectors is one of the major reasons for high growth of the dyes and pigments market in this region.

Dyes and pigments market segmentation based on applications

• Paints and coatings
• Textiles
• Printing inks
• Plastics

The paints and coatings segment will account for the highest market share in the dyes and pigments market. The demand for paints and coatings with pigments is increasing from the automobile industry. These coatings are used to obtain a lustrous shine and ensure a corrosion-free surface.

Key highlights of the global dyes and pigments market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the dyes and pigments market during the next five years
• Precise estimation of the global dyes and pigments market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the dyes and pigments industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market's competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of dyes and pigments companies

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