European Dyes & Pigments Market 2021-2027

European 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 European Dyes & Pigments market is anticipated to grow at a substantial CAGR of 5.9% during the forecast period. The growing urbanization, industrialization, and modernization are giving rise to increasing demand for organic pigments in the pharmaceutical industry and growing demand for bio-based paints and coatings in the region. The healthy spending on residential construction in the region is boosting the demand for paints and coatings. Further, the demand for coatings in the manufacturing sector is projected to increase due to a rise in construction operations and increased production of motor vehicles. Therefore, these factors are responsible for the growing demand for dyes and pigments in the European market. However, price fluctuations in dyes and pigments, combined with environmental concerns, will restrain the dyes and pigments market's growth.

The European 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, Sudarshan Chemical Industries Ltd., Tata DIC Corp, E.I. Dupont De Nemours & Co. 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 September 2019, BASF SE has launched a global series of innovative, reactive, and high-performance dispersing agents Efka PX 4787, Efka PX 4780, and Efka PX 4785 that are based on innovative polymer technology for the automotive and industrial coatings segments. Their use would improve overall grinding efficiency, transparency, and color development, and also when cross-linked with the main resin matrix these high-performance dispersing agents provide excellent dispersing efficiency and greatly improve coating properties. 

Research Methodology

The market study of the European 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 European Dyes & Pigments Market Research and Analysis by Type
2. Global European Dyes & Pigments Market Research and Analysis by Application

The Report Covers

• Comprehensive research methodology of the European 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 European Dyes & Pigments market.
• Insights about market determinants that are stimulating the European Dyes & Pigments market.
• Detailed and extensive market segments with the regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.