China Dyes And Pigments Market Size & Outlook, 2023-2030
China dyes and pigments market, 2018-2030 (US$M)
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China dyes and pigments market highlights
- The China dyes and pigments market generated a revenue of USD 8,829.4 million in 2023 and is expected to reach USD 14,667.3 million by 2030.
- The China market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, dyes was the largest revenue generating product in 2023.
- Dyes is the most lucrative product segment registering the fastest growth during the forecast period.
Dyes and pigments market data book summary
| Market revenue in 2023 | USD 8,829.4 million |
| Market revenue in 2030 | USD 14,667.3 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | Dyes |
| Fastest growing segment | Dyes |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dyes, Pigments |
| Key market players worldwide | Basf SE, Clariant AG, DIC Corp, Huntsman Corp, Kronos Worldwide Inc, Lanxess AG |
Other key industry trends
- In terms of revenue, China accounted for 22.0% of the global dyes and pigments market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India dyes and pigments market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 14,667.3 million by 2030.
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Dyes And Pigments Market Scope
Dyes And Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 71.25% in 2023. Horizon Databook has segmented the China dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The dyes and pigments market in China is growing at a fast pace, driven by several key factors. One of the major factors is the growth of the country's economy, which has resulted in an increase in disposable incomes and a growing middle class population.
This has led to an increase in consumer spending, particularly on consumer goods and housing, driving the demand for dyes and pigments used in the production of these products. Another important factor is the growing demand for high-quality and specialized dyes and pigments from various industries, such as textiles, packaging, and construction.
The increasing focus on product innovation and research and development activities by companies is also driving the growth of the market, as they invest in new and innovative production methods and technologies to improve product quality and meet the demands of end-users.
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Target buyers of China dyes and pigments market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China dyes and pigments market , including forecasts for subscribers. This country databook contains high-level insights into China dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China dyes and pigments market size, by product, 2018-2030 (US$M)
China Dyes And Pigments Market Outlook Share, 2023 & 2030 (US$M)
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