Global Colorants Market Research Report Information By Market Composition, By Technology, By Type, By Applications, By End-Use Industry and By Region

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List of Tables

Global Colorants Market Research Report Information By Market Composition (Standard, High Purity, Ultrafine, Food, And Industrial Market Compositions), By Technology (Paints And Coatings, Water-borne, Solvent-borne, Powder, Catalysts, Others), By Type (Masterbatches, Pigments & Color Concentrates, and Pyrogenic Type), By Applications (Inks, Paints & Coatings, Plastic & Rubbers, Food Additives, Byproduct Applications, and Others), By End-Use Industry (Automotive, Packaging, Building & Construction, Pharmaceutical, Personal Care, Food And Beverage, Healthcare And Pharmaceuticals, Others) and By Region - Forecast to 2030

Market Overview:

In 2023, the colorants market was valued at USD 43,277.23 million. The Colorants Market is expected to reach USD 65,679.40 million by 2030, with a compound yearly growth rate (CAGR) of 6.28% during the forecast period (2023-2030). The global market is predicted to increase steadily throughout the forecast period, owing to the global expansion of the textile sector.

The tremendous expansion in the world's population is also fueling growth in the global colorants sector. Most developing countries are experiencing tremendous growth in their middle classes. This translates into significant swaths of the world population having high and quickly rising disposable incomes. These folks, along with the more stable middle classes in Western countries, spend a lot of money on high-end clothing and pre-packaged foods. This is another important aspect driving expansion in the global colorants sector.

The worldwide colorants market is expected to increase steadily from 2023 to 2030. Some of the key factors driving market expansion include the increasing use of colorants in the plastic industry, as well as the expanding demand for paints and coatings and the increasing use of colorants in the textile sector. Plastic's high adaptability makes it an ideal material for producing items for technologies in a variety of industries. Furthermore, its cost effectiveness is driving its demand, which is benefitting the colorant market because it is widely utilized to add color to plastic items.

Market segment insights:

The colorants market is divided into two segments: captive and merchant. Pigments and Color Concentrates, Masterbatches, and Dyes are the market's three segments.

The Colorants Market has been divided into Waterborne, Solvent-borne, Powder, and Others.

Based on technology, the market has been divided into Inks, Paints & Coatings, Plastics & Rubber, Food Water-borne, and Others.

The Colorants market has been classified into end-use industries such as textiles, packaging, personal care, pharmaceuticals, food and beverages, personal care, building and construction, automotive, and others.

Regional Insights

The global market is divided into the following regions: North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. Asia-Pacific dominated the market with a 42.9% share, accounting for USD 22,348.52 million in 2023; it is predicted to grow at the fastest CAGR of 6.2% from 2024 to 2030. Europe was the second largest in 2023, accounting for 28.5% of the market and valued at USD 14,847.85 million; it is expected to grow at a 6% CAGR.

Major players

BASF, DIC Corporation, LANXESS AG, Avient Corporation, Vibrantz Technologies, DuPont, Archroma, Heubach GmbH, Cabot Corporation, Pidilite Pigment, Sensient Technologies Corporation, Vibrantz Technologies, Koel Colors Private Limited, COLORIS GCC, Colortek Ltd, Chromatech Incorporated, Tapi Pigments, Colorants Group, Chemworld International, Ltd. Inc, Alliance Organics LLP, Shepherd Color, DCL Corporation, CrownPigment, Navp

Product Code: MRFR/CnM/2324-CR

1 EXECUTIVE SUMMARY

1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL COLORANTS MARKET, BY MARKET COMPOSITION
- 1.1.2 GLOBAL COLORANTS MARKET, BY TYPE
- 1.1.3 GLOBAL COLORANTS MARKET, BY TECHNOLOGY
- 1.1.4 GLOBAL COLORANTS MARKET, BY APPLICATION
- 1.1.5 GLOBAL COLORANTS MARKET, BY END-USE INDUSTRY
- 1.1.6 GLOBAL COLORANTS MARKET, BY REGION

2 MARKET INTRODUCTION

2.1 DEFINITION
- 2.1.1 SEGMENTAL DEFINITIONS
  - 2.1.1.1 MARKET COMPOSITION
  - 2.1.1.1.1 CAPTIVE
  - 2.1.1.1.2 MERCHANT
  - 2.1.1.2 TYPE
  - 2.1.1.2.1 PIGMENTS & COLOR CONCENTRATES
  - 2.1.1.2.2 MASTERBATCHES
  - 2.1.1.2.3 DYES
  - 2.1.1.3 TECHNOLOGY
  - 2.1.1.3.1 WATERBORNE
  - 2.1.1.3.2 SOLVENT-BORNE
  - 2.1.1.3.3 POWDER
  - 2.1.1.3.4 OTHERS
  - 2.1.1.4 APPLICATION
  - 2.1.1.4.1 INKS, PAINTS & COATINGS
  - 2.1.1.4.2 PLASTIC & RUBBER
  - 2.1.1.4.3 FOOD ADDITIVES
  - 2.1.1.4.4 OTHERS
  - 2.1.1.5 END-USE INDUSTRY
  - 2.1.1.5.1 TEXTILES
  - 2.1.1.5.2 PACKAGING
  - 2.1.1.5.3 PHARMACEUTICAL
  - 2.1.1.5.4 PERSONAL CARE
  - 2.1.1.5.5 BUILDING & CONSTRUCTION
  - 2.1.1.5.6 FOODS & BEVERAGES
  - 2.1.1.5.7 AUTOMOTIVE
  - 2.1.1.5.8 OTHERS
2.2 SCOPE OF THE STUDY
2.3 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS
3.2 PRIMARY RESEARCH
3.3 SECONDARY RESEARCH
3.4 MARKET SIZE ESTIMATION
3.5 TOP-DOWN AND BOTTOM-UP APPROACH
3.6 FORECAST MODEL
3.7 LIST OF ASSUMPTIONS & LIMITATIONS

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 INCREASING USE OF COLORANTS IN THE PLASTIC INDUSTRY
- 4.2.2 INCREASING INNOVATIONS IN PIGMENT MANUFACTURING PROCESSES
- 4.2.3 INCREASING USE OF COLORANTS IN THE AUTOMOTIVE INDUSTRY CREATES A SIGNIFICANT MARKET FOR COLORANTS WORLDWIDE
- 4.2.4 INCREASING DEMAND FOR COLORANTS IN THE PAINTS & COATINGS INDUSTRY
- 4.2.5 DRIVERS IMPACT ANALYSIS
4.3 RESTRAINT
- 4.3.1 EXCESSIVE SUPPLY OF COLORANTS CAN LEAD TO ITS DECREASED PRICES
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
- 4.4.1 RAPID EXPANSION OF THE TEXTILE INDUSTRY IN THE ASIA-PACIFIC REGION IN CREATING GROWTH OPPORTUNITIES FOR THE COLORANTS MARKET
4.5 CHALLENGE
- 4.5.1 STRICT REGULATIONS REGARDING THE USAGE OF COLORANTS IN VARIOUS INDUSTRIES

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 RAW MATERIAL SUPPLIERS
- 5.1.2 MANUFACTURERS
- 5.1.3 DISTRIBUTION CHANNELS
- 5.1.4 END-USE INDUSTRIES
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 THREAT OF SUBSTITUTES
- 5.2.4 BARGAINING POWER OF BUYERS
- 5.2.5 INTENSITY OF RIVALRY
5.3 PRICING OVERVIEW, BY REGION (USD/TON)
- 5.3.1 BY REGION
- 5.3.2 BY TYPE, (USD/TON)
- 5.3.3 PRICING DRIVERS
5.4 ANALYSIS OF RAW MATERIAL FOR COLORANT
- 5.4.1 OVERVIEW
- 5.4.2 LIST OF RAW MATERIALS ANALYSIS BY REGION
5.5 SUPPLY-DEMAND ANALYSIS
- 5.5.1 SUPPLY ANALYSIS (KILO TONS)
- 5.5.2 DEMAND ANALYSIS (KILO TONS)
5.6 IMPORT-EXPORT ANALYSIS, 2019-2022
- 5.6.1 HS CODE:3204
  - 5.6.1.1 IMPORT ANALYSIS
  - 5.6.1.2 EXPORT ANALYSIS
- 5.6.2 HS CODE:
  - 5.6.2.1 IMPORT ANALYSIS
  - 5.6.2.2 EXPORT ANALYSIS
- 5.6.3 HS CODE:
  - 5.6.3.1 IMPORT ANALYSIS
  - 5.6.3.2 EXPORT ANALYSIS
5.7 CATEGORY TRENDS
- 5.7.1 TRENDS
  - 5.7.1.1 THE TREND TOWARDS CUSTOMIZATION IN VARIOUS CONSUMER PRODUCTS DRIVES THE DEMAND FOR A WIDE RANGE OF COLOR OPTIONS, STIMULATING THE GLOBAL COLORANTS MARKET
  - 5.7.1.2 INCREASING EMPHASIS ON SUSTAINABILITY HAS ESCALATED THE DEMAND FOR ECO-FRIENDLY AND NATURAL COLORANTS
  - 5.7.1.3 THE RISING E-COMMERCE INDUSTRY IS POSITIVELY INFLUENCING THE MARKET OF COLORANTS
- 5.7.2 MRFR POINT-OF-VIEW
- 5.7.3 PROCUREMENT IMPACT
5.8 COST STRUCTURE ANALYSIS
- 5.8.1 COST STRUCTURE BREAKDOWN
  - 5.8.1.1 COST COMPONENTS & IMPACT ON OVERALL PRICING
  - 5.8.1.2 FACTORS AFFECTING THE COST OF RAW MATERIALS
5.9 PRODUCTION ANALYSIS BY REGION, (2019-2023) (1000 METRIC TONS)
- 5.9.1 RECENT DEVELOPMENTS IN PRODUCTION
5.10 IMPACT OF COVID 19 ON THE GLOBAL COLORANTS MARKET
- 5.10.1 PRODUCTION SCENARIO
- 5.10.2 IMPACT ON SUPPLY CHAIN
- 5.10.3 END-USE INDUSTRY DEMAND

6 GLOBAL COLORANTS MARKET, BY MARKET COMPOSITION

6.1 INTRODUCTION
- 6.1.1 CAPTIVE
- 6.1.2 MERCHANT

7 GLOBAL COLORANTS MARKET, BY TYPE

7.1 INTRODUCTION
- 7.1.1 PIGMENTS & COLOR CONCENTRATES
- 7.1.2 MASTERBATCHES
- 7.1.3 DYES

8 GLOBAL COLORANTS MARKET, BY TECHNOLOGY

8.1 INTRODUCTION
- 8.1.1 WATERBORNE
- 8.1.2 SOLVENT-BORNE
- 8.1.3 POWDER
- 8.1.4 OTHERS

9 GLOBAL COLORANTS MARKET, BY APPLICATION

9.1 INTRODUCTION

10 GLOBAL COLORANTS MARKET, BY END-USE INDUSTRY

10.1 INTRODUCTION
- 10.1.1 TEXTILES
- 10.1.2 PACKAGING
- 10.1.3 PHARMACEUTICAL
- 10.1.4 PERSONAL CARE
- 10.1.5 BUILDING & CONSTRUCTION
- 10.1.6 FOODS & BEVERAGES
- 10.1.7 AUTOMOTIVE
- 10.1.8 OTHERS

11 GLOBAL COLORANTS MARKET, BY REGION

11.1 INTRODUCTION
11.2 NORTH AMERICA
- 11.2.1 US
- 11.2.2 CANADA
11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 UK
- 11.3.3 FRANCE
- 11.3.4 ITALY
- 11.3.5 SPAIN
- 11.3.6 RUSSIA
- 11.3.7 NETHERLANDS
- 11.3.8 POLAND
- 11.3.9 DENMARK
- 11.3.10 SWEDEN
- 11.3.11 REST OF EUROPE
11.4 ASIA PACIFIC
- 11.4.1 CHINA
- 11.4.2 JAPAN
- 11.4.3 INDIA
- 11.4.4 SOUTH KOREA
- 11.4.5 AUSTRALIA & NEW ZEALAND
- 11.4.6 VIETNAM
- 11.4.7 THAILAND
- 11.4.8 MALAYSIA
- 11.4.9 INDONESIA
- 11.4.10 REST OF ASIA PACIFIC
11.5 LATIN AMERICA
- 11.5.1 BRAZIL
- 11.5.2 MEXICO
- 11.5.3 ARGENTINA
- 11.5.4 REST OF LATIN AMERICA
11.6 MIDDLE EAST & AFRICA
- 11.6.1 TURKEY
- 11.6.2 ISRAEL
- 11.6.3 SOUTH AFRICA
- 11.6.4 EGYPT
- 11.6.5 GCC COUNTRIES
- 11.6.6 REST OF MIDDLE EAST & AFRICA
12.2 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.2.1 AGREEMENT
- 12.2.2 PRODUCT LAUNCH
- 12.2.3 ACQUISITION
- 12.2.4 INNOVATION
- 12.2.5 EXPANSION
- 12.2.6 PARTNERSHIP
- 12.2.7 COLLABORATION
12.3 GLOBAL MARKET STRATEGY ANALYSIS

13 COMPANY PROFILES

13.1 DIC CORPORATION
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGIES
13.2 CABOT CORPORATION
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFERED
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 SWOT ANALYSIS
- 13.2.6 KEY STRATEGIES
13.3 LANXESS
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 FINANCIAL OVERVIEW
- 13.3.3 PRODUCTS OFFERED
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 SWOT ANALYSIS
- 13.3.6 KEY STRATEGIES
13.4 AVIENT CORPORATION
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGIES
13.5 PENN COLOR INC.
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 SWOT ANALYSIS
- 13.5.6 KEY STRATEGIES
13.6 DUPONT
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 KEY DEVELOPMENTS
- 13.6.5 DUPONT: SWOT ANALYSIS
- 13.6.6 KEY STRATEGIES
13.7 BASF SE
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 KEY DEVELOPMENTS
- 13.7.5 SWOT ANALYSIS
- 13.7.6 KEY STRATEGIES
13.8 ARCHROMA
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS OFFERED
- 13.8.4 KEY DEVELOPMENTS
- 13.8.5 SWOT ANALYSIS
- 13.8.6 KEY STRATEGIES
13.9 HEUBACH GMBH
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS OFFERED
- 13.9.4 KEY DEVELOPMENTS
- 13.9.5 SWOT ANALYSIS
- 13.9.6 KEY STRATEGIES
13.10 PIDILITE PIGMENT
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
- 13.10.6 KEY STRATEGIES
13.11 SENSIENT TECHNOLOGIES CORPORATION
- 13.11.1 COMPANY OVERVIEW
- 13.11.2 FINANCIAL OVERVIEW
- 13.11.3 PRODUCTS OFFERED
- 13.11.4 KEY DEVELOPMENTS
- 13.11.5 SWOT ANALYSIS
- 13.11.6 KEY STRATEGIES
13.12 VIBRANTZ
- 13.12.1 COMPANY OVERVIEW
- 13.12.2 FINANCIAL OVERVIEW
- 13.12.3 PRODUCTS OFFERED
- 13.12.4 KEY DEVELOPMENTS
- 13.12.5 SWOT ANALYSIS
- 13.12.6 KEY STRATEGIES
13.13 KOEL COLOURS PRIVATE LIMITED
- 13.13.1 COMPANY OVERVIEW
- 13.13.2 FINANCIAL OVERVIEW
- 13.13.3 PRODUCTS OFFERED
- 13.13.4 KEY DEVELOPMENTS
- 13.13.5 SWOT ANALYSIS
- 13.13.6 KEY STRATEGIES
13.14 COLORIS-GCC
- 13.14.1 COMPANY OVERVIEW
- 13.14.2 FINANCIAL OVERVIEW
- 13.14.3 PRODUCTS OFFERED
- 13.14.4 KEY DEVELOPMENTS
- 13.14.5 SWOT ANALYSIS
- 13.14.6 KEY STRATEGIES
13.15 COLORTEK LTD.
- 13.15.1 COMPANY OVERVIEW
- 13.15.2 FINANCIAL OVERVIEW
- 13.15.3 PRODUCTS OFFERED
- 13.15.4 KEY DEVELOPMENTS
- 13.15.5 SWOT ANALYSIS
- 13.15.6 KEY STRATEGIES
13.16 CHROMATECH INCORPORATED
- 13.16.1 COMPANY OVERVIEW
- 13.16.2 FINANCIAL OVERVIEW
- 13.16.3 PRODUCTS OFFERED
- 13.16.4 KEY DEVELOPMENTS
- 13.16.5 SWOT ANALYSIS
- 13.16.6 KEY STRATEGIES
13.17 TAPI PIGMENTS
- 13.17.1 COMPANY OVERVIEW
- 13.17.2 FINANCIAL OVERVIEW
- 13.17.3 PRODUCTS OFFERED
- 13.17.4 KEY DEVELOPMENTS
- 13.17.5 SWOT ANALYSIS
- 13.17.6 KEY STRATEGIES
13.18 COLORANTS GROUP
- 13.18.1 COMPANY OVERVIEW
- 13.18.2 FINANCIAL OVERVIEW
- 13.18.3 PRODUCTS OFFERED
- 13.18.4 KEY DEVELOPMENTS
- 13.18.5 SWOT ANALYSIS
- 13.18.6 KEY STRATEGIES
13.19 CHEMWORLD INTERNATIONAL, LTD. INC.
- 13.19.1 COMPANY OVERVIEW
- 13.19.2 FINANCIAL OVERVIEW
- 13.19.3 PRODUCTS OFFERED
- 13.19.4 KEY DEVELOPMENTS
- 13.19.5 SWOT ANALYSIS
- 13.19.6 KEY STRATEGIES
13.20 ALLIANCE ORGANICS LLP
- 13.20.1 COMPANY OVERVIEW
- 13.20.2 FINANCIAL OVERVIEW
- 13.20.3 PRODUCTS OFFERED
- 13.20.4 KEY DEVELOPMENTS
- 13.20.5 SWOT ANALYSIS
- 13.20.6 KEY STRATEGIES
13.21 SHEPHERD COLOR
- 13.21.1 COMPANY OVERVIEW
- 13.21.2 FINANCIAL OVERVIEW
- 13.21.3 PRODUCTS OFFERED
- 13.21.4 KEY DEVELOPMENTS
- 13.21.5 SWOT ANALYSIS
- 13.21.6 KEY STRATEGIES
13.22 DCL CORPORATION
- 13.22.1 COMPANY OVERVIEW
- 13.22.2 FINANCIAL OVERVIEW
- 13.22.3 PRODUCTS OFFERED
- 13.22.4 KEY DEVELOPMENTS
- 13.22.5 SWOT ANALYSIS
- 13.22.6 KEY STRATEGIES
13.23 CROWNPIGMENT
- 13.23.1 COMPANY OVERVIEW
- 13.23.2 FINANCIAL OVERVIEW
- 13.23.3 PRODUCTS OFFERED
- 13.23.4 KEY DEVELOPMENTS
- 13.23.5 SWOT ANALYSIS
- 13.23.6 KEY STRATEGIES
13.24 NAVPAD PIGMENTS PVT. LTD.
- 13.24.1 COMPANY OVERVIEW
- 13.24.2 FINANCIAL OVERVIEW
- 13.24.3 PRODUCTS OFFERED
- 13.24.4 KEY DEVELOPMENTS
- 13.24.5 SWOT ANALYSIS
- 13.24.6 KEY STRATEGIES
13.25 INEOS
- 13.25.1 COMPANY OVERVIEW
- 13.25.2 FINANCIAL OVERVIEW
- 13.25.3 PRODUCTS OFFERED
- 13.25.4 KEY DEVELOPMENTS
- 13.25.5 SWOT ANALYSIS
- 13.25.6 KEY STRATEGIES

14 APPENDIX

14.1 REFERENCES
14.2 RELATED REPORTS