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London, UK -- (SBWIRE) -- 02/07/2020 -- The synthetic dyes and pigments market consists of the sales of synthetic dyes and pigments by entities (organizations, sole traders or partnerships) that manufacture synthetic organic and inorganic dyes and pigments, such as lakes and toners (except electrostatic and photographic).
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The Synthetic Dyes And Pigments market is segmented by type of product, by end user industry and by geography.
By Product Type- The synthetic dyes and pigments market is segmented by product type into
a) Pigments
b) Dyes
Growth has accelerated significantly in both segments of the synthetic dyes and pigments market and these faster rates of growth will continue to 2022.
Sub-Segmentation
By Product Type- The synthetic dyes market is further segmented by product type into
a) Acid Dyes
b) Disperse Dyes
c) Reactive Dyes
d) Direct Dyes
e) Basic Dyes
f) VAT Dyes
g) Other Dyes
The disperse dyes market will be the fastest-growing segment going forward at a CAGR of 6.0%. The pigments market is further segmented by product type into
a) Inorganic Pigments
b) Organic Pigments
Inorganic pigment accounted for the largest share of the pigments market in 2018 at 64.8%.
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By End User Industry - The synthetic dyes market is segmented by end user industry into
a) Textiles
b) Food And Beverages
c) Paper
d) Inks
e) Leather
f) Others
Growth has accelerated significantly in all end-user segments of the global synthetic dyes and pigments market and these faster rates of growth will continue to 2022.
The pigments market is segmented by end user industry into
a) Paints And Coatings
b) Plastics
c) Printing Inks
d) Textiles
e) Cosmetics And Personal Care
f) Others
Growth has accelerated significantly in all end-user segments of the global synthetic dyes and pigments market and these faster rates of growth will continue to 2022.
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Asia-Pacific is the largest market for synthetic dyes and pigments companies, accounting for 41.9% of the global market. It is followed by Western Europe, North America, South America, the Middle East, and then the other regions. Going forward, Africa and Asia-Pacific will be the fastest growing regions in this market.
Major competitors of Global Synthetic Dyes And Pigments Services Market are BASF SE, The Chemours Company, Venator Materials PLC, Kronos Worldwide Inc., Tronox Limited.
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