Colorants Market 2024-2028
The colorants market is forecasted to grow by USD 28.4 bn during 2023-2028, accelerating at a CAGR of 7.49% during the forecast period. The report on the colorants market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing consumer demand for natural food colorants, rise in demand for paints and coatings, and increased demand for caramel.
Technavio's colorants market is segmented as below:
By End-user
- Textile
- Personal care
- Food
- Paints and coatings
- Others
By Type
- Pigment
- Dyes
- Color concentrates
- Others
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
This study identifies the increasing consumer demand for clean-label products as one of the prime reasons driving the colorants market growth during the next few years. Also, growing demand for different color shades in cosmetics industry and rising demand for packaged food and beverages will lead to sizable demand in the market.
The report on the colorants market covers the following areas:
- Colorants Market sizing
- Colorants Market forecast
- Colorants Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading colorants market vendors that include Ampacet Corp., Archroma Management GmbH, Atul Ltd., Avient Corp., BASF SE, Cabot Corp., ChromaScape LLC, Clariant International Ltd., DIC Corp., Divis Laboratories Ltd., DuPont de Nemours Inc., DyStar Singapore Pte. Ltd., Flint Group, Heubach GmbH, Holland Colours NV, Huntsman Corp, LyondellBasell Industries N.V., Solvay SA, Sudarshan Chemical Industries Ltd., and Vibrantz. Also, the colorants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.