North American Dyes & Pigments Market 2021-2027

North American Dyes & Pigments Market Size, Share & Trends Analysis Report by Type (Dyes (Reactive dyes, disperse dyes, Acid dyes, Others (Vat, Direct)), Pigments (Titanium dioxide, Inorganic pigments, Organic pigments)), By Application (Textile, Paints & Coatings, Plastics, Leather, Construction, Others (Paper, Printing ink)) Forecast Period 2021-2027

The North American Dyes & Pigments market is anticipated to grow at a substantial CAGR of 7.9% during the forecast period. Strong macroeconomic conditions, combined with the ease of obtaining dyes and pigments from natural resources for sought-after fabric manufacturing, such as jute and cotton, will contribute to the market's growth in North America. Furthermore, the North American textile sector is the largest user of dyes accounting for approximately 21% of manufacturing employment in the country. Where Mexico is the world's fifth-largest exporter of textiles and apparel that accounts for 4.8% of the country's GDP. Meanwhile, the overall growth of the market in North America will be moderate due to market maturation and capacity rationalization in the region.  However, issues regarding the application of synthetic dyes and the growing of raw material prices are two major challenges that the dye and pigment market will face in the coming years.

The North American Dyes & Pigments Market is segmented based on types, and Applications. Based on the types, the market is further classified as dyes and pigments. Where dyes are segmented into reactive dyes, disperse dyes, acid dyes, others (Vat, Direct). And pigments are segmented into titanium dioxide, inorganic pigments, organic pigments. Further, based on the application the market is classified into textile, paints & coatings, plastics, leather, construction, others (paper, printing ink).

The key players of the market include Merck KGaA, BASF SE, Kronos Worldwide, Inc., DIC Corp., Huntsman Corp., among others. These market players adopt various strategies such as product launches, partnerships, collaborations, mergers, and acquisitions to sustain a strong position in the market. In November 2019, The Chemours Company, one of the global chemistry company announced an introduction of the low-abrasion grade of Ti-Pure titanium dioxide pigment to enhance the formulation and performance of printing inks. This new Ti-Pure branded pigment is chloride filtered and designed to be less abrasive than other chloride TiO2 offerings. 

Research Methodology

The market study of the North American Dyes & Pigments market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global North America Dyes & Pigments Market Research and Analysis by Type
2. Global North America Dyes & Pigments Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the North American Dyes & Pigments market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American Dyes & Pigments market.
• Insights about market determinants that are stimulating the North American Dyes & Pigments market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.