A recent report published by Infinium Global Research on
colorants market provides in-depth analysis of segments and sub-segments in
global as well as regional colorants market. The study also highlights the
impact of drivers, restraints and macro indicators on the global and regional
colorants market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global
colorants market. According to the report the global colorants market is projected
to grow at a CAGR of 5% over the forecast period of 2018-2024.
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 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 fibers. Pigments are the insoluble
compounds used in the plastic, paint and ceramics industries to modify the
color of transmitted and reflected light.
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 is projected to
create several opportunities for the colorant market in upcoming years.
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
Some of the prominent players in
the market are GNT Group, Symrise AG, Chr. Hansen Holding A/S Company, Sethness Products Company, San-Ei Gen F.F.I., Inc., Jagson Colorchem
Limited and many others, Toyo Ink Group.
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.
The countries covered in the North America region include the
U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India,
South Korea, Malaysia, and among others. Moreover, Germany, U.K., France,
Spain and Rest of Europe are included in the European region.
The U.S. drives
the growth in the North America region as it is the largest market in the
region. The Asia-Pacific region offers a substantial potential for the market
growth owing to rapid growth in markets such as India and China. The APAC
region is projected to experience a growth at a CAGR of x.x% over the period of
The report provides profiles of the companies in the global
colorants market such as GNT Group, Symrise AG, Chr. Hansen Holding A/S Company, Sethness Products Company, San-Ei Gen F.F.I., Inc, D. D. Williamson & Co., Inc., Jagson Colorchem Limited, Teknor Apex Company, Clariant International, LANXESS AG., Toyo Ink Group.
The report provides deep insights on demand forecasts, market
trends, and micro and macro indicators. In addition, this report provides
insights into the factors that are driving and restraining the global colorants market.
Moreover, IGR-Growth Matrix analysis given in the report brings an insight into
the investment areas that existing or new market players can consider. The
report provides insights into the market using analytical tools such as
Porter's five forces analysis and DRO analysis of colorants market. Moreover,
the study highlights current market trends and provides forecast from
2018-2024. We also have highlighted future trends in the colorants market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share of
the leading players. This report will help manufacturers, suppliers, and
distributors of the colorants market to understand the present and future trends
in this market and formulate their strategies accordingly.