The global Dyes and Pigments market is anticipated to grow at a considerable CAGR of 5.1% during the forecast period (2021-2027). Countries such as the US, the UK, India, and China are among the major countries with significant global growth potential in the construction sector. For instance, according to the report of Global Construction Perspectives and Oxford Economics 2030, predications says that global construction output will increase by 85% to $15.5 trillion by 2030, US, China, and India are the three countries leading it way and accounting for 57% of total global growth. In the coming 15 years, US construction will grow faster than China, by an average of 5% per year.
Browse the full report description Global Dyes & Pigments Market Size, Share & Trends Analysis Report by Type (Dyes (Reactive dyes, disperse dyes, Acid dyes, Others (Vat, Direct)), Pigments (Titanium dioxide, Inorganic pigments, Organic pigments)), By Application (Textile, Paints & Coatings, Plastics, Leather, Construction, Others (Paper, Printing ink)) Forecast Period 2021-2027 at https://www.omrglobal.com/industry-reports/dyes-and-pigments-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in February 2021, Clariant AG announced an expansion of its new state-of-the-art pigment laboratory in Krugersdorp, which is an African showpiece for sustainable color technology. The new facility will service in the emerging Middle East and Africa paints and coatings market that will provide support in expanding the coatings industry's local value-added color support services in the region. Additionally, the facility will be offering a full range of value-added services such as color matching services, customized color solutions, and the development of own color recipes to create an infinite number of shades, including tinting systems.
Market Coverage
o By Type
o By Application
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Global Dyes and Pigments Market Report Segment
By Type
Pigments
By Application
Global Dyes and Pigments Market Report Segment by Region
North America
Europe
Asia-Pacific
Rest of the World
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