Product Overview

Dyes refer to the organic substances used to color materials like paper, leather, hair, fur, plastic, and textile material. They are soluble in water. Dye can be divided into natural dyes such as mineral dyes, vegetable dyes, and animal dyes, etc., and synthetic dyes or artificial dyes. Synthetic dyes are made from petrochemicals. They are also called “coal tar dyes”. Almost all the colors that we see today are synthetic dyes. Their production cost is cheaper and is easy to apply to fabric. Synthetic dyes are used everywhere from clothes to paper, from food to wood. Pigments are organic or inorganic materials that are completely insoluble in water. Pigments are usually derived from minerals, but they can also be made synthetically. Pigments are used in paints, inks, plastics, fabrics, cosmetics, and food.

Market Highlights

Global Synthetic Dye and Pigment Market is expected to project a notable CAGR in 2030.

Global Synthetic Dye and Pigment Market to surpass USD XXXX million by 2030 from USD XXXX million in 2019 at a CAGR of XX.X% throughout the forecast period, i.e., 2020-30. Because of the increasing application of dyes and pigments in several industries such as packaging and textile, chemicals, and automotive the market for dyes and pigments is anticipated to grow over the forecasting period. Another reason for the market to grow is the rising demand for better-performing pigments.

Recent Highlights in Global Synthetic Dye and Pigment Market

In August 2019, a Japanese chemical company DIC Corporation acquired BASF’s global pigment business, known as BASF Colors and Effects (BCE).

In May 2019, a specialty chemicals company, LANXESS expanded its Macrodex dyes production plant at the CHEMPARK, Leverkusen. Due to which the capacity was increased by around 25%.

Global Synthetic Dye and Pigment Market: Segments

Disperse Dye segment to grow with the highest CAGR during 2019-30

Global Synthetic Dye and Pigment Market is segmented by dye type into acid dye, reactive dye, disperse, basic dye, VAT dye, and others. Disperse dye segment held the largest market share of XX.X% in the year 2019. Disperse dye is primarily used for dyeing polyester yarn. Its fastness features particularly light and wet fastness make it more popular.

Inorganic pigment segment to grow with the highest CAGR during 2020-30

Global Synthetic dye and pigment market is bifurcated by pigment type into organic and inorganic pigments. Inorganic segment held the largest market share of XX.X% in the year 2019 and will continue to dominate the market throughout the forecast period. Qualities of inorganic pigments such as darker color, good wetting, and leanness are estimated to grow the market over the forecast period. Inorganic pigments are usually used in industry and are preferred for their lightfastness and low cost.

Textile segment to grow with the highest CAGR during 2019-30

Global Synthetic dye and pigment market is divided by end-users into textiles, paints and coatings, leather, paper, food and beverages, and others segment. Textile segment held the largest market share of XX.X% in the year 2019. With the advancement of textile industry, dyes are also undergoing changes to meet the demands from textile industry. During summer cotton fabrics are more in demand which increases the demand for vat, reactive, and direct dyes.

Market Dynamics

Drivers

Rising Application Demand

Dyes and pigments are used in many industries varying from construction, painting, textiles, and paper. In construction, pigments are used in roof tile, pavers, floor tile, bridges, concrete masonry, pipe & panels, and precast walls. In painting and coating pigments is used to give whiteness and protection.

High Demand for Organic Dyes

Organic dyes are free from harmful chemicals and are environmentally friendly in nature due to which consumers are demanding organic dyes. They are not only biodegradable but are also non allergic. Due to toxic components of synthetic clothes, people with allergy find more their interest in clothes made with natural dyeing.

Restraint

Environmental Regulation

The products used in synthetic dye and pigments are hazardous. They are harmful for a living organism as well as for environment. As they are toxic in nature, they cause skin cancer and breathing problem. Owing of that rigid regulations have been made in manufacturing, distribution, and disposing of such materials.

Global Synthetic Dye and Pigment Market: Key Players

DyStar

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

BASF SE

Archroma

Huntsman

Clariant

Kiri Industries

Atul

Waterside Colours

Everlight Chemical

Colorantes Industriales

Trumpler

Cromatos

Steiner

Synthesia Aries Dye Chem

Ravi Dyeware

Vedant

Loxim

Other Prominent Players

Global Synthetic Dye and Pigment Market: Regions

Global market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.

Global Synthetic Dye and Pigment Market in Asia Pacific held the largest market share of XX.X% in the year 2019. Asia Pacific will continue to dominate the global Synthetic Dye and Pigment market due to increasing population with higher disposable income and infrastructure. Additionally, growing manufacturing and construction industries in the region accelerating the demand for synthetic dyes and pigments. It is followed by North America, South America, Western Europe, the Middle East, and then the other regions.

Global Synthetic Dye and Pigment Market is further segmented by region into:

North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada

Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America

Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC

MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA

Global Synthetic dye and pigment market report also contain analysis on:

Synthetic dye and pigment Market Segments:

By Dye Type

Acid dye

Reactive dye

Disperse Dye

Basic Dye

VAT Dye

Others.

By Pigment type

Organic

Inorganic

By End-Users

Textiles

Paints and coatings

Leather

Paper

Food and beverages

Others

Synthetic dye and pigment Market Dynamics

Synthetic dye and pigment Market Size

Supply & Demand

Current Trends/Issues/Challenges

Competition & Companies Involved in the Market

Value Chain of the Market

Market Drivers and Restraints

Contents

1. Executive Summary

2. Global Synthetic Dye And Pigment Market

1. Product Overview

2. Market Definition

3. Segmentation

4. Assumptions and Acronyms

3. Research Methodology

1. Research Objectives

2. Primary Research

3. Secondary Research

4. Forecast Model

5. Market Size Estimation

4. Average Pricing Analysis

5. Macro-Economic Indicators

6. Market Dynamics

1. Growth Drivers

2. Restraints

3. Opportunity

4. Trends

7. Correlation & Regression Analysis

1. Correlation Matrix

2. Regression Matrix

8. Recent Development, Policies & Regulatory Landscape

9. Risk Analysis

1. Demand Risk Analysis

2. Supply Risk Analysis

10. Global Synthetic Dye And Pigment Market Analysis

1. Porters Five Forces

1. Threat of New Entrants

2. Bargaining Power of Suppliers

3. Threat of Substitutes

4. Rivalry

2. PEST Analysis

1. Political

2. Economic

3. Social

4. Technological

11. Global Synthetic Dye And Pigment Market

1. Market Size & forecast, 2019A-2030F

1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

12. Global Synthetic Dye And Pigment Market: Market Segmentation

1. By Regions

1. North America:(U.S. and Canada), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. By Dye Type: Market Share (2019-2030F)

1. Acid Dye, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Reactive Dye, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Disperse Dye, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. Basic Dye, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. VAT Dye, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. By Pigment Type: Market Share (2019-2030F)

1. Organic Pigment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Inorganic Pigment, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

4. By End User: Market Share (2019-2030F)

1. Textiles, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

2. Paper, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

3. Food and Beverages, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2021-2030

4. Paint, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

5. Leather, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

6. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

Company Profile

1. DyStar

1. Company Overview

2. Company Total Revenue (Financials)

3. Market Potential

4. Global Presence

5. Key Performance Indicators

6. SWOT Analysis

7. Product Launch

2. BASF SE

3. Archroma

4. Huntsman

5. Clariant

6. Kiri Industries

7. Atul

8. Waterside Colours

9. Everlight Chemical

10. Colorantes Industriales

11. Trumpler

12. Cromatos

13. Steiner

14. Synthesia Aries Dye Chem

15. Ravi Dyeware

16. Vedant

17. Loxim

18. Other Prominent Players

Consultant Recommendation

**The above-given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

Methodology/Research Approach

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Research Programs/Design

Historical Data (2015-2019)	Industry Trends Competitive Landscape By Company Expansion Mergers and Acquisitions Market Segment by Type by Application By Regions/ Geography	Value Status and Outlook Value for Major Players Market Share Growth Rate Present Situation Analysis Value Market Share Growth Rate Present Situation Analysis
Influencing Factors	Market Environment Government Policy Technological Changes Market Risks	Market Drivers Growing Demand of Downstream Reduction in Cost
Market Forecast (2021-2026)	Overall Size by Type by Application By Regions/Geography	Key Data (Value) Market Share Growth Rate CAGR (2021-2026)

Market Size Estimation

Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).

The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.

Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report

The following figure shows an illustrative representation of the overall market size estimation process used for this study.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.

Data Source

Secondary Sources

Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.

Market Size	Segmental value Geographic Penetration Product Adoption Rate for Different market	Journals, Websites, and Press Releases Annual Reports and SEC Filings Company Websites and Press Releases Public and Paid Databases Market Intellix Data Repository
Market Position of Top Company	Product Financials Geographic value Mix Total Company value Business/Segmental value Mix
Qualitative Analysis	Influence Factors Market Potential Market Risks and Opportunities Industry Trends Geographical Features Government Policies	Company Websites and Press Releases Public and Paid Databases Annual Reports Industry Associations Market Intellix Data Repository

Primary Sources

In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.

Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.

Key Executives Interviewed

Key Data Information from Primary Sources

Primary Sources	Parameters	Key Data
Market Segments(by Application, by Type)	Value by Type Status and Forecast Value by Application Value by Regions, Status and Forecast (2021-2026)	Value Market Share by Type Value Growth Rate by Type Value by Application Percentage and Growth Rate by Application Value Growth Rate and Market Share by Regions Market Size Status and Forecast (2021-2026)
Total Market	Overall Size, Status and Forecast	Market Size Status and Forecast (2021-2026)