Boston, MA -- (SBWIRE) -- 09/03/2013 -- The global colorants market is projected to grow at a CAGR of 3.6% from 2013 to 2018 and reach 11 million metric tons by 2018. Asia-Pacific, with its thriving economies and rapidly expanding manufacturing bases, is expected to experience highest consumption during the next five years.

The major driving factors of this market are growth in end user industries, rising demand for high performance pigments (HPP), and rising preference towards environment-friendly products. Colorants have a large number of applications ranging from paints & coatings, textile, construction, printing inks, and plastics. The paints & coatings industry is recording significant growth due to growing infrastructure. According to the industry estimates, the global demand for paints & coating is anticipated to grow at a CAGR of 5.4% during the next five years. Printing ink is another application of the colorants market. The demand for printing ink is driven by various factors such as technological developments and increasing demand for digital inks.

View Full Report Details and Table of Contents

The factors restraining the growth of this market are raw material price volatility, its global over capacity, and environmental concerns. Some of the trends witnessed in this market are shifting of the manufacturing facilities from U.S. and Europe to India, China, and Taiwan and the rising preference towards eco-friendly products.

In the colorants market, Asia-Pacific accounts for the largest share. This region is one of the key markets for dyes and pigments production. In the Asia-Pacific, India and China are the important countries contributing towards the growth of this market.

The market has also been segmented on the basis of product types - dyes (reactive dye, disperse dye, sulfur dye, VAT dye, acid dye, direct dye, basic dye, and others), organic pigments (azo, phthalocyanines blues and greens, and high performance pigments), and inorganic pigments (titanium dioxide, iron oxide, and others). These segments have been discussed in detail and a comprehensive view and forecast is provided for each category.

This report studies and forecasts the colorants market till 2018. The market is further segmented and estimated for significant regions such as North America, Europe, Asia-Pacific, and Rest of the World that include key growth regions such as China and India. Market estimations have been provided in terms of consumption volume (tons) and market revenue ($Million). The global as well as regional markets have been segmented for each product type by applications.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Materials research reports at Fast Market Research

You may also be interested in these related reports:

- Advanced Phase Change Material (PCM) Market By Type (Inorganic, Organic & Bio-Based) & Application (Building & Construction, Cold Storage, HVAC, Textile, Thermal Energy Storage, Electronics) - Global Trends & Forecast To 2018
- Acrylic Acid & Its Derivatives Market - Global Trends & Forecast to 2018
- Refrigerant Market - Hydro Chlorofluorocarbons (HCFC), Hydro fluorocarbon (HFC), Hydrocarbon (HC), Inorganic (Ammonia, Carbon dioxide) - Trends & Forecasts to 2018
- Seed Treatment Market - Global Trends, Forecasts & Technical Insights up to 2018
- Renewable Chemicals Market - Alcohols (Ethanol, Methanol), Biopolymers (Starch, PLA, PHA, Polyethylene & Others), Platform Chemicals & Others - Global Trends & Forecasts to 2018
- Polymer Foam Market By Types, Applications & Geography - Global Trends & Forecasts to 2018
- Adhesives & Sealants Market By Chemical Type, By Technology, By Applications (Pressure Sensitive Adhesive, Packaging , Construction, Automotive, Woodwork, & Others) & By Geography - Global Trends & Forecasts to 2018
- Europe Seed Treatment Market By Type (Chemical & Non-Chemical), By Application (Fungicide, Insecticide, Bio-Control And Others) And By Crop (Cereals, Oilseeds And Others): Trends, Forecasts And Technical Insights Up To 2018
- North America Seed Treatment Market by Type (chemical & non-chemical), by Application (fungicide, insecticide, bio-control and others) and by Crop (cereals, oilseeds and others): Trends, Forecasts and Technical Insights up to 2018
- Biostimulants Market by Active Ingredients (Humic Acid, Fulvic Acid, Amino Acid, Seaweed Extracts), Applications (Foliar, Soil & Seed), Crop Types (Row Crops, Fruit & Vegetable, Turf & Ornamental) & Geography - Global Trends & Forecasts To 2018