Global Colorants Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global colorants market in its upcoming report titled, “Global Colorants Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global colorants market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global colorants market report has been segmented on the basis of product type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Colorant is also known as color additives, that are used for changing color of surface or product by adding or applying it on the surface. Colorants are used in food items, beverages, cloths, painting, printing, etc. These are commonly available in form of dyes or pigments. Color of dyes changes due to absorption of certain wavelength and are commonly used in textiles industry. Pigments are commonly used for coloring plastics, ceramics, and in paints.
Rising demand for colorants, coupled with growing product manufacturing industries is a major factor driving growth of the global colorant market. Rising demand for colorful clothes with changing fashion trends is resulting into increasing demand for colorants in textile industry. Increasing awareness regarding adverse effects of ingredients in artificial colors is making individuals more inclined towards natural colors. Natural colors are commonly extracted from mineral, biological, or agricultural sources. Increasing demand for natural colors is another factor fueling growth of the global market. Increasing adoption of colorful packaging in packaging industry is also propelling growth of the target market. Use of latest technology to create vibrant coloring that can be used in textiles, packaging, cosmetics sectors is a factor expected to drive growth of the global market in the near future.
However, stringent government rules against use of certain ingredients in artificial coloring and less availability of natural colors may hamper growth of the global colorant market.
Development of cost effective natural and organic colors and introduction of new color ranges can create lucrative opportunities for players in the target market.
Currently, the market in Europe dominates the global market, owing to rising demand for natural dyes in textile and food processing industries in countries in the region. The market in North America is expected to register second-highest share in terms of revenue over the forecast period, owing to rising demand for pigments in construction and printing sectors. The market in Asia Pacific is expected to witness significant growth in terms of revenue in the near future, owing to development of plastics and textile industries, especially in China and India.
Global Colorants Market Segmentation:
By product type:
- Color Concentrates
- Personal Care
- Paints and Coatings
- Others (Automotive, Building and Construction, etc.)
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Hansen Holding A/S
- Sethness Products Company
- Sensient Technologies Corporation
- Jagson Colorchem Limited
- PolyOne Corporation
- Penn Color, Inc.
- Clariant International AG
- LANXESS Aktiengesellschaft
- GNT International B.V.
- Symrise AG
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