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Showing posts with the label Dyes & Pigments Market

Dyes & Pigments Market -Industry News, Applications and Trends!

Dyes & pigments are expected to witness significant growth in the consumption on account of high application scope coupled with increasing demand from printing inks application. The Global Dyes & Pigments Market is expected to reach USD 46.4 billion by 2025, growing at a CAGR of 4.9%, according to a new report by Grand View Research, Inc. Increasing demand in Asia Pacific region from various applications such as textiles, construction, and plastics is anticipated to drive the market. Increasing consumers’ willingness to spend, industrialization, and rapid economic growth is anticipated to further propel the growth across the region. Fast growing digital printing market is anticipated to provide a positive scope for printing inks industry, thereby driving the growth over the forecast period. Increasing food and beverage consumption is anticipated to drive the product demand further. Reactive dyes were valued at USD 10.81 billion in 2016 owing to their high utilizati