Ink Colorant Market Key Players, Trends, Growth Opportunities
and Industry Forecast till 2021
“Rise in demand for highly efficient pigments, developing
end use industries, technological advancements, rise in
demand for digital inks, and potential growth of paints
and coating industry are expected to drive the ink
colorant market. Moreover, rising popularity of digital
equipment is also projected to fuel this market.”
Global ink colorant market is projected to grow considerably in the forecast period owing to increasing
developments and growth in end use industries. Ink colorants are the liquid or the color pastes that are used in
several applications like prints, photographs, plastics, paints, clothes, etc. for aesthetic or artistic purposes. They
are recognized as dyes or pigments that are applied to different textiles by normally mixing with water.
Rise in demand for highly efficient pigments, developing end use industries, technological advancements, rise
in demand for digital inks, and potential growth of paints and coating industry are expected to drive the ink
colorant market. Moreover, rising popularity of digital equipment is also projected to fuel this market. However,
unstable prices of raw materials and environmental issues are acting as restraints in the market.
One of the major trends witnessed in the market is shift of manufacturing facilities to emerging economies.
Nevertheless, introduction of eco-friendly ink colorants as imposed by government is an opportunity to the
market players.
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Market is categorized on the basis of type, product, application, and geography. On the basis of type, market is
divided into organic pigments, inorganic pigments, and dyes. Dye segment is expected to hold maximum share
of the market due to increasing use in textiles and paper industry.