Colorants Market To Witness Phenomenal Growth by 2023 - PowerPoint PPT Presentation

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Colorants Market To Witness Phenomenal Growth by 2023

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Global Colorants Market was valued at $41 billion in 2016, and is projected to reach $64 billion by 2023, registering a CAGR of 6.5% from 2017 to 2023. – PowerPoint PPT presentation

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Title: Colorants Market To Witness Phenomenal Growth by 2023


1
Opportunity Analysis and Industry Forecast,
2016-2023
2
Introduction of Colorants Market
The global colorant market was valued at 41
billion in 2016, and is projected to reach at 64
billion by 2023, registering a CAGR of 6.5 from
2017 to 2023. Rise in the plastic, paints
coatings, and cosmetics industry in the emerging
economies such as, India, Brazil, UAE, Saudi
Arabia, and Africa. Moreover, the increased
consumer spending on packaged food boost the
market growth. In addition, the ever-growing
technological advancements and easy availability
of dyes from plants and animals support the
growth. However, the market growth for colorant
is restricted by the ban on the usage of
artificial colorants. Technological advancements
offer food colorant manufacturers numerous growth
opportunity. Ingredients or combination of
ingredients used to offer the required appearance
to any products, such as clothes, paper, and
beverages are termed as colorants. The most
widely used colorants are dyes and pigments.
3
Introduction of Colorants Market
Scope of
the Report
Key Benefits Key Audiences
4
 
Key Benefits
  • Asia-Pacific was the leading region in the global
    colorants market in 2016, followed by Europe
  • The pigment segment generated the highest revenue
    in 2016, and is projected to grow at a CAGR of
    7.2 during the forecast period
  • The packaging segment dominated the global market
    accounting for approximately one-third share in
    2016
  • The Asia-Pacific food colors market is
    anticipated to register the highest CAGR of 7.2,
    followed by LAMEA
  • North America accounted for approximately
    one-fifth share in the global market, and is
    expected to grow at a CAGR of 5.9.

5
 
Table of Content (TOC)
Chapter 1 Introduction Chapter 2 Executive
Summary Chapter 3 Market Overview Chapter 4.
Global Colorants Market, By Type Chapter 5.
Global Colorants Market, By End-use
Industry Chapter 6. Global Colorants Market, By
Geography Chapter 7 Company Profiles
6
 
Segments Colorants Market
7
 
Segments Colorants Market
Upsurge in demand from plastic, and paints
coatings coupled with increased consumer
expenditure on packaged food boosts the global
colorants market.
Eswara Prasad Team Lead, Chemicals Materials
at AMR
8

Segments Colorants Market
Colorants are used to enhance the external
appearance of products such as clothes, paper,
and cosmetics. The most common colorants are dyes
and pigments. Dyes are soluble in water and cater
mainly to textile industry, whereas pigments are
insoluble and serve industries such as packaging,
paper, and printing. These colorants are
available in liquid, liquid gel, gel paste, and
powder forms and can be derived from natural
sources or artificially produced. Natural sources
include flora, fauna, and minerals. The global
colorants market was dominated by the pigments
segment owing to its increased use in the
building construction and automotive
industries. Based on end use, the packaging
industry is projected to register the highest
growth rate in coming years due to the augmented
demand from plastics industry. Upsurge in demand
from plastic, paper printing, and automotive is
expected to drive the market growth. However, the
oversupply of dyestuff, leading to its decreased
prices hampers the market growth. Moreover, the
recycling of plastics restraints the market.
9
 
Company Profiles Colorants Market
  1. Basf Se
  2. Sun Chemical Corporation
  3. Clariant AG
  4. Polyone Corporation
  5. E. I. Du Pont De Nemours And Company
  6. Lanxess

10
Thank You!
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