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Asia-pacific Colorant Market, by Type (Dyes, Pigments, Masterbatches and Colour concentrates), by End-use Industry (Packaging, Building and Construction, Automotive, Textiles, Paper and Printing, Other end users), by Region - Industry Analysis, Share, Size, Trends, Growth, and Forecasts (2022 to 2027).

Published: March, 2023
ID: 7709
Pages: 145
Formats: report pdf report excel report power bi report ppt

Asia-pacific Colorant Market Size, Growth, Trends and Forecast:

Asia-pacific Colorant market size was about USD 14.56 Billion in 2021. It is expected to raise at a CAGR of 6.50% to spread USD 19.95 Billion by 2026.

Dyes and pigments are the most widely recognized colorants added to sustenance things, garments, paper, and refreshments, in fluid, fluid gel, gel glue, and powder frame. Colorants can be common or manufactured. Common colorants are accessible from plants, creatures, and minerals. Increasing demand from end-utilize industry, for example, plastic, paints and coatings, car, and bundling drive the market. Be that as it may, prohibition on exchange of counterfeit colorants hampers the market development. Oversupply of colorants, prompting its diminished costs likewise restrictions the market. Innovative headway is viewed as a noteworthy development open door for colorants makers

Asia-pacific Colorant Market Segmentation:

Asia-pacific Colorant Market – By Type:

  • dyes

  • pigments
  • masterbatches
  • Colour Concentrates

The Dyess section drives the colorants market. The development of this portion of the market can be ascribed to the expanding utilization of colorants in the paints and coatings application in the car and building and development businesses. The market for masterbatches is anticipated to develop at the most astounding CAGR amid the figure time frame because of the developing plastics industry.

Asia-pacific Colorant Market – By End-User Industry:

  • packaging
  • textiles
  • paper and printing
  • building and construction
  • automatives
  • others

The bundling end-utilize industry is driving the colorants market and is anticipated to develop at the most astounding CAGR amid the conjecture time frame. The development of the bundling end-utilize industry in the colorants market is because of the expanded interest for colorants for shading plastics utilized for lightweight bundling. Besides, expanding utilization of colorants to shading bundling materials, for example, plastics, paper, metal, texture, et cetera has likewise moved development in this industry.

Geographical Analysis:

On the basis of geography, the Asia-Pacific market is segmented into countries namely, China, India, Japan and South Korea. This regional market is expected to have one of the highest growth rates for the colorants market globally.

Key Players:

The leading manufacturers working in the Asia-pacific Colorant market include, DIC corporation, Dystar, BASF SE, Polyone corporation, E. I. du pont de nemours and company, Huntsman corporation, Cabot corporation, Clariant AG, Sun chemical corporation, Lanxess.

 

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