Global Dyes And Pigments Market Size & Outlook, 2023-2030
Global dyes and pigments market, 2018-2030 (US$M)
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Global dyes and pigments market highlights
- The global dyes and pigments market generated a revenue of USD 40,086.0 million in 2023 and is expected to reach USD 57,772.0 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 5.4% by 2030.
- In terms of segment, dyes accounted for a revenue of USD 27,025.4 million in 2023.
- Dyes is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 40,086.0 million |
| Market revenue in 2030 | USD 57,772.0 million |
| Growth rate | 5.4% (CAGR from 2023 to 2030) |
| Largest segment | Dyes |
| Fastest growing segment | Dyes |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dyes, Pigments |
Other key industry trends
- In terms of revenue, the North America accounted for 10.0% of the global dyes and pigments market in 2023.
- By country, the India is projected to lead the global market in terms of revenue in 2030.
- By country, UK is the fastest growing regional market and is projected to reach USD 2,600.0 million by 2030.
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Dyes And Pigments Market Scope
Dyes And Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global dyes and pigments market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to dyes and pigments market will help companies and investors design strategic landscapes.
Dyes was the largest segment with a revenue share of 67.42% in 2023. Horizon Databook has segmented the Global dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
Market Dynamics
Construction industry is another major end-user of the global pigments market. The growth of the construction sector is expected to have a positive impact on the consumption of pigments. The construction market in Asia is expected to boost at a significant pace during the forecast period. Asia is expected to witness an increase in its construction spending over the forecast period on account of rapid urbanization along with an increase in population in the region.
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Our clientele includes a mix of dyes and pigments market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global dyes and pigments market , including forecasts for subscribers. This global databook contains high-level insights into Global dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global dyes and pigments market size, by regions, 2018-2030 (US$M)
Top 10 countries: Dyes and pigments market size, 2023 (US$M)
Global dyes and pigments market share, by product, 2023 & 2030 (%, US$M)
Dyes and pigments market: Opportunity assessment by country
Global dyes and pigments market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 3,181.0 | 3,328.9 | 3,267.5 | 3,654.3 | 3,833.2 | 4,024.0 | 4,227.8 | 4,445.4 | 4,685.8 | 4,939.0 | 5,210.7 | 5,503.8 | 5,818.2 | 5.4% |
| Europe | 5,850.7 | 5,998.7 | 5,802.9 | 6,333.7 | 6,522.3 | 6,726.4 | 6,947.2 | 7,185.7 | 7,340.5 | 7,564.7 | 7,799.2 | 8,023.2 | 8,262.7 | 3.0% |
| Asia Pacific | 19,627.1 | 20,668.5 | 20,753.6 | 22,967.4 | 24,236.1 | 25,592.5 | 27,043.7 | 28,597.0 | 30,349.0 | 32,180.2 | 34,152.0 | 36,294.0 | 38,598.2 | 6.1% |
| Latin America | 2,030.3 | 2,110.3 | 2,027.4 | 2,281.6 | 2,373.4 | 2,469.7 | 2,570.8 | 2,677.0 | 2,814.9 | 2,945.2 | 3,084.2 | 3,238.3 | 3,401.2 | 4.7% |
| MEA | 1,059.0 | 1,094.9 | 1,114.2 | 1,176.6 | 1,222.9 | 1,273.3 | 1,328.2 | 1,387.9 | 1,433.7 | 1,493.9 | 1,557.8 | 1,622.1 | 1,691.6 | 4.1% |
| Overall | 31,748.0 | 33,201.3 | 32,965.6 | 36,413.5 | 38,187.9 | 40,086.0 | 42,117.5 | 44,293.0 | 46,623.9 | 49,123.0 | 51,803.8 | 54,681.3 | 57,772.0 | 5.4% |
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