Forecast: Dyes and Pigments Number of Persons Employed in Spain

The employment in the dyes and pigments sector in Spain has shown varying trends from 2013 to 2023. Initially, there was a notable decline from 2013 to 2014, followed by a slight recovery in 2015. Significant growth was observed in 2016 but plateaued in the subsequent years with minor fluctuations. The number of employees rose consistently from 2019, reaching 2.41 thousand in 2023. Year-on-year growth rates for the past two years were 1.19% in 2022 and 1.18% in 2023.

The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.69%. Looking forward, moderate growth is anticipated, with forecasted CAGR of 0.86% over the next five years, suggesting overall growth of 4.39% by 2028.

Future trends to watch for:

  • Technological advancements in dye and pigment production.
  • Regulatory changes impacting the chemical industry.
  • Global supply chain disruptions and their effect on the Spanish market.
  • Environmental sustainability demands influencing product and process innovations.

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