Pune, India -- (SBWire) -- 05/07/2019 --Colorants Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of colorants market by types (dyes, pigments, color concentrates), end-use industries (automotive, paints & coatings, packaging, building & construction, textiles) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the colorants market it includes the five years industry analysis and the 6 years annual forecast from 2018 to 2024. The global colorants market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.
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Colorants Market: Insights
Colorants are the synthetic or the natural additive used to give a particular color to the substance or products. The various types of dyes and pigments are used as a colorants to color the clothes, paints, plastics, photographs, prints, ceramics and other products. The dyes are soluble colors are mainly used in textiles as they strongly bond to the polymer molecules to make textile fibres. Pigments are the insoluble compounds used in the plastic, paint and ceramics industries to modify the color of transmitted and reflected light.
Colorants Market: Drivers and Restraints
Rising consumption of colorants in the various end use industries including chemical, coatings, paints, Construction, plastic, and others are the key driving factor for colorant market. In addition, the ongoing developments and advancements at the various end use industries create the demand for high-performance colorants that are likely to boost the growth of colorant market across all over the globe. However, the factors such as instability of raw material prices and the concern regarding environmental risks are expected to restrain the market growth during the forecast period. Moreover, ongoing research and development to improve the efficiency and performance of natural dyes and pigments to overcome the environmental hazards produced by the synthetic colorants are projected to create several opportunities for the colorant market in upcoming years.
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Colorants Market: Regional Analysis
Among the regions, Asia-Pacific dominates the colorant market owing to its rapidly developing end-use industries such as Automotive, Coating and paints, packaging and others. The growing urbanization in Asia-Pacific creates the demand for efficient and high performing colorants for the various applications that are expected to escalate the market growth in this region over the forecast period. The Asia-Pacific is the largest consumer of colorant market followed by Europe. In the Europe region, the colorants are used in various industries such as textile, packaging, pharmaceuticals, personal care, and construction. The presence of major players is likely to anticipate the growth of colorants market in the Europe region.
Some of the prominent players in the market are GNT Group, Symrise AG, Chr. Hansen Holding A/S Company, Toyo Ink Group, Sethness Products Company, San-Ei Gen F.F.I., Inc., Jagson Colorchem Limited and many others.
Colorants Market: Segmentation
The report on global colorants market covers segments such as types and end use industries. On the basis of types, the global colorants market is categorized into dyes, pigments, color concentrates, and others. On the basis of end-use industries, the global colorants market is categorized into automotive, paints & coatings, packaging, building & construction, textiles and others.
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Colorants Market: Competitive Landscape
The report provides profiles of the companies in the global colorants market such as GNT Group, Symrise AG, Chr. Hansen Holding A/S Company, LANXESS AG, Toyo Ink Group, Sethness Products Company, San-Ei Gen F.F.I., Inc, D. D. Williamson & Co., Inc., Jagson Colorchem Limited, Teknor Apex Company, and Clariant International.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the colorants.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
