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Colorants Market by Type (Dyes, Pigments, Masterbatches, Color Concentrates), End-Use Industry (Packaging, Building & Construction, Automotive, Textiles, Paper & Printing), Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022

Colorants Market: Global Forecast until 2022

  • May 2017
  • 169 pages
  • ID: 4936544
In this report:
The textiles end-use industry accounted for a share of ##.##% of the overall colorants market in 2016, in terms of volume.
The market size in the paper & printing end-use industry was USD ##,##.## million in 2016 and is projected to reach USD ##,##.## million by 2022, registering a CAGR of ##.##% between 2017 and 2022.
The building & construction end-use industry accounted for a share of ##.##% of the overall colorants market in 2016, in terms of volume.

Summary

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"The colorants market is estimated to rise at a compound annual growth rate of 5.00 percent in terms of value during the estimate period."

The colorants market was estimated at ~$47.5B in 2016 and is projected to extend ~$65.7B by 2022, at a compound annual growth rate of 5.00 percent between 2017 and 2022. The growing demand for colorants in the packaging end-use industry due to the increasing importance of aesthetics in packaging products and rising use of colorants in the plastics and paints & coatings applications is driving the colorants market.

Among types, the sector for masterbatch is presumed to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022

The industry for the masterbatches type of colorants is expected to increase at the maximal CAGR during the outlook period due to its low cost and color consistency. Furthermore, the increasing plastics industry affords new avenues for the rise of masterbatches in a wide range of end-use markets including, packaging, automotive, building & construction, and so on.

Among end-use sectors, the packaging segment is leading the colorants market and is expected to rise at the maximal CAGR (Compound annual growth rate) between 2017 and 2022

The packaging end-use industry segment is leading the colorants market and is expected to grow at the maximal compound annual growth rate (CAGR) during the estimate period. The increase of this segment of the sector can be accredited to the increased use of colorants to color plastics, paper, and metal in the form of coating and fabric used in packaging. Use of colorants not only provides aesthetic appeal to packaged products but also helps in product differentiation, thereby influencing preferences of customers.

The Asia-Pacific colorants market is expected to rise at the highest CAGR (Compound annual growth rate) during the outlook period

The Asia-Pacific colorants market is expected to grow at the highest compound annual growth rate (CAGR) during the estimate period, due to the increased demand for plastics in the territory, resulting from a increasing middle class population, quick urbanization, and growing purchasing power of consumers. The increasing consumer goods and packaging end-use markets in the area are also fueling the industry demand for colorants in the Asia Pacific (APAC) area, thereby contributing to the rise of the colorants market in the territory.

This analysis has been approved through primaries managed with different market experts, global.

The primary sources have been sliced into three class, that is, company category, description, and area.

• By Company category - Tier 1 - 50.0 percent, Tier 2 - 30.0 percent, and Tier 3 - 20.0 percent

• By Description - C-suite - 20.0 percent, D-level - 20.0 percent, and Others - 60.0 percent

• By Area - Asia Pacific (APAC) - 60.0 percent, North America continent - 10.0 percent, Europe (EU) - 15.0 percent, Middle East (ME) & African continent - 10.0 percent, and South America region - 5.0 percent

Companies Profiled in the Report:

The top players decribed in the market research contain, Clariant AG, BASF SE, DIC Corporation, Huntsman Corporation, E. I. du Pont de Nemours & Organization, Cabot Corporation, LANXESS AG, PolyOne Corporation, and Sun Chemical Corporation.

Segment Research

The industry report affords business insights on the colorants used for distinct applications in several end-use sectors across different areas. It aims at evaluating the size of the colorants market during the outlook period and projects future increase potential of the market across several segments, including form, end-use sector, and area. Moreover, the study also comprises a detailed competitive analysis of the top players in the colorants market, together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate industry top players/new sector entrants in the colorants market by providing them the closest approximations of the revenues for the global market and its different subsegments. This industry report will facilitate partners to obtain a better understanding of the competitive landscape and gain insights to improve their businesses and devise suitable market strategies. The market research will also assist partners comprehend the pulse of the sector and acquire info on main market drivers, market restraints, opportunities, and alternatives impacting the increase of the colorants market.

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