friendly products is expected to fuel growth of the dyes and pigments market over the forecasted period . Growing requirement for pioneering high performance pigments and dyes is expected to unlock novel expansion window for industry participants . Organic pigments are predictable to illustrate the major escalation numbers over the forecast period . Specialty pigments are eco-friendly in nature , and are also expected to be in immense requirement indifferent
areas across the world . These things find numerous applications in printing inks , textile , paints & coatings , plastics and construction . The growing infrastructure is fueling the demand of paint is and coating which in return is expected to fuel the demand of dyes and pigment over the forecast period .
Increasing requirement for dye and pigment products such as printing ink is determined by quite a lot of factors such as increasing demand and technological development for digital inks . There are some issues which are expected to restrain expansion of the dyes and pigment market over the forecast period are raw material , it ’ s global over capacity , price volatility and environmental concerns . Current trends in the Dyes and pigment market are changing of manufacturing facilities from the Europe and USA to Taiwan , India , China and the growing priority for environmentfriendly goods .
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On the basis of product type global dyes and pigments market can be sliced into three basic categories which include organic pigments , dyes and inorganic pigments . Dyes can be additionally classified into , disperse dyes , reactive dyes , acid dyes , VAT dyes , sulfur dyes , direct dyes and basic dyes . Furthermore organic pigments are classified into high performance pigments and azo , phthalocyanines , and blues . Inorganic pigments can be sliced into are iron oxide , titanium dioxide and others . On the basis of application global market for dyes and pigment can be segregated into textile , plastic , printing inks , paints and coatings , paper and leather . Textile industry is expected to contribute most in the revenue generation over the forecast period owing to their increasing demand of dyes and pigments . The paint and coating industry is expected to witness significant growth over the forecast period owing to growth in infrastructure around the world .
The growth in infrastructure over the forecast period is due to rapid urbanization across the world . On the basis of regions Dyes and pigment market can be segregated into Asia-Pacific , Europe , North America and Others . Asia-Pacific is expected to be the largest market for dyes and pigments over the forecast period owing to increasing demand from textile and paint industry from the emerging economies like India , China and Taiwan . Asia Pacific with its rapidly increasing manufacturing bases and budding economies , accounts for the biggest market and is expected to stay as the chief budding region in over the forecast period . Emergence of Small scale enterprises in China over the forecasted period is expected to propel the growth of Asia-Pacific market . India is expected to see good growth in regional dyes and pigment market over the forecast period . Asia-Pacific is followed by Europe and North America . Key end users from North America and Europe are stone , paints and coatings , wood-coloring metals and food . The demand for inorganic pigments is expected to increase from Asia-Pacific owing to their environment friendly nature .
Key Participants in the dyes and pigment market comprises of Dainichiseika Color & Chemicals Mfg ., Cathay Pigments , KemiraOyj , E . I . du Pont de Nemours and Company , The Shepherd Color Company , Tronox , Inc ., Clariant International