Migration of Manufacturing Capacity In The Synthetic Dye And Pigment Market
Posted by praneeth on February 12th, 2019
The Business Research Company’s synthetic dye and pigment global market opportunities and strategies to 2022, covers the year-on-year growth of the global synthetic dye and pigment market historic and forecast growth. It also includes chapters on the synthetic dye and pigment market trends, geographical analysis, and competitive landscape.
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The global synthetic dye and pigment market is forecast to grow at a CAGR (compound annual growth rate) of around 2.39 % to 2022.
Synthetic Dye And Pigment Market Trends
The synthetic dye and pigment market includes companies involved in manufacturing synthetic organic and inorganic dyes and pigments, such as lakes and toners (except electrostatic and photographic). This market also includes artificial food-coloring manufacturing.
There has been an increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance issues in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been propelling demand for pigments in these countries in recent years.
The global synthetic dye and pigment market is primarily driven by emerging markets growth, low interest rate environment and global population growth.
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The global synthetic dye and pigment market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, And Eastern Europe. Major Countries Under Each of these regions are also covered under the country analysis chapters.
With economic growth, increased demand from food packaging, digitalization and rising demand for high performance pigments, the global synthetic dye and pigment market is expected to increase in potential and scope. TBRC’s report also covers the synthetic dye and pigment drivers and restraints in the market.
The global synthetic dye and pigment market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global synthetic dye and pigment market report are DIC, Flint Group, Sakata Inx, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink S.C. Holdings and others.
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About the Authorpraneeth
Joined: June 6th, 2018
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