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Showing posts with the label Colorants Industry

Colorants Market Professional Survey and Leading Players Overview 2018

Rising consumer demand for dyestuffs in various end-use segments such as plastics, textiles, food, and paints & coating is anticipated to act as a major growth factor for the global market over the next few years. The Global Colorants Market is expected to reach USD 37.49 billion by 2025, according to a new report by Grand View Research, Inc. Growing population, increasing disposable income coupled with consumer spending on packaged food products and fashionable garments is estimated to drive product demand over the forecast period. Increasing awareness of environment-friendly feature and health benefits of natural colorants coupled with favorable government regulations towards eco-friendly initiatives are anticipated to remain a key factor for the growth of natural ingredients market over the next nine years. Paints & coatings sector is expected to appear as the fastest growing application segment and is estimated to exceed USD 10 billion by 2025. Rising pigment and dye