The Insight Partners published latest research study on “Colorants Market Forecast to 2028″ Focuses Covid-19 Impact and Global Analysis – by Type (Pigments, Dyes, Color Concentrates, Masterbatches); End-use (Packaging, Paper and Printing, Textiles, Building and Construction, Automotive, Others) and Geography
Colorants or colour is a substance which is added to another substance for transferring its shades into it. Colorant is obtained from selective absorption of certain wavelengths of lights. It can be used in form of pigment or dye. Colorants are mainly of three substrates, oil, water and resins. These colorants can be organic or inorganic based on the sources. The colorants are applied by various industries such as clothes, paints, plastics, photographs, ceramics, etc.
The global colorants market is growing at a significant pace owing to driving factors such as increasing demand from packaging industry due to the growing need of beauty and artistic taste. Furthermore, increasing demand from plastic industry to make it more protective and decorative is likely to drive the demand for colorants s in the coming years. However, high regulations is projected to hinder the growth of colorants market. Likewise, development of environment friendly colorants through technology advancements may provide a lucrative opportunity for the market players in the near future.
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Competitive Landscape and Key Developments
The reports cover key developments in the colorants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from colorants market are anticipated to lucrative growth opportunities in the future with the rising demand for colorants in the global market. Below mentioned is the list of few companies engaged in the colorants market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the colorants market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF Corporation
- Cabot Corporation
- Clariant Ag
- DIC Corporation
- DuPont De Nemours Inc.
- Dystar Group
- Huntsman Corporation
- Lanxess Aktiengesellschaft Pvt. Ltd.
- Polyone Corporation
- Sun Chemical Corporation
Future Trends and Segments
“Global Colorants Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the colorants market with detailed market segmentation by type, end-user industry and geography. The global colorants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading colorants market players and offers key trends and opportunities in the market.
The global colorants market is segmented on the basis of type and end-user industry. On the basis of type, the colorants market is segmented into, pigments, dyes, color concentrates and masterbatches. On the basis of end-use, the market is bifurcated into, packaging, paper & printing, textiles, building & construction, automotive and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global colorants market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The colorants market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the colorants market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the colorants market in these regions.
Impacts of Covid-19 on the Colorants Market:
The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘Colorants Market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.
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