Infinium Global Research

Colorants Market Size 2018 by Top Key Players and Application with Trend and Growth by 2024 Forecasts

The report is a comprehensive presentation of trends, forecast and dollar values of global colorants market. According to report the global colorants market is projected to grow at a CAGR of 5% over the forecast period of 2018-2024.

 

Pune, India -- (SBWIRE) -- 11/07/2018 -- "Our latest research report entitled Colorants Market (by types (dyes, pigments, color concentrates and others) and end use industries (automotive, paints & coatings, packaging, building & construction, textiles and others)) provides complete and deep insights into the market dynamics and growth of Colorants. Latest information on market risks, industry chain structure Colorants cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Colorants growth factors.

The forecast Colorants Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Colorants on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report."

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Rising Consumption of Colorants in the Various End Use Industries to Drive the Colorant Market Worldwide

Rising consumption of colorants in the various end use industries including chemical, coatings, paints, Construction, plastic and others is the key driving factor for colorant market. In addition, the ongoing developments and advancements at various end use industries creates the demand for high performance colorants that are likely to boost the growth of colorant market across all over the globe. However, the factor such as instability of raw material prices and the concern regarding environmental risks are expected to restrain the market growth during the forecast period. Moreover, ongoing research and development to improve the efficiency and performance of natural dyes and pigments to overcome the environmental hazards produced by the synthetic colorants is projected to create several opportunities for the colorant market in upcoming years.

Asia Pacific Accounts for the Largest Market Share in the Colorant Market

Among the regions, Asia pacific dominates the colorant market owing to its rapidly developing end use industries such as Automotive, Coating and paints, packaging and others. The growing urbanization in Asia pacific creates the demand of efficient and high performing colorants for the various applications that is expected to escalate the market growth in this region over the forecast period. The Asia pacific is the largest consumer of colorant market followed by Europe. In the Europe region, the colorants are used in the various industries such as textile, packaging, pharmaceuticals, personal care and construction. The presence of major players is likely to anticipate the growth of Colorants market in Europe region

Toyo Inaugurated Plastic Colorant Factory in Dahej, India

Toyo inaugurated plastic colorant factory in Dahej India, in April 2018. According to the company spokesperson, this expansion strategy help the company to increase their customer base and will help to establish plastic colorant foothold in India.

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Some of the prominent players in the market are GNT Group, Symrise AG, Chr. Hansen Holding A/S Company, Toyo Ink Group, Sethness Products Company, San-Ei Gen F.F.I., Inc , Jagson Colorchem Limited  and many others