Europe Dyes And Pigments Market Size & Outlook, 2023-2030
Europe dyes and pigments market, 2018-2030 (US$M)
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Europe dyes and pigments market highlights
- The Europe dyes and pigments market generated a revenue of USD 6,726.4 million in 2023.
- The market is expected to grow at a CAGR of 3% 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.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 6,726.4 million |
| Market revenue in 2030 | USD 8,262.7 million |
| Growth rate | 3% (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 |
| 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, Europe region accounted for 16.8% of the global dyes and pigments market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 38,598.2 million by 2030.
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Dyes And Pigments Market Scope
Dyes And Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 59.49% in 2023. Horizon Databook has segmented the Europe dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The dyes and pigments industry in Europe is growing, driven by various factors. The increasing demand for high-quality, colorfast products in the packaging industry has fueled the need for superior pigments in printing and packaging applications. Companies are investing in product innovation and R&D to improve product quality and meet the evolving needs of end-users.
The automotive sector is also driving demand for high-performance pigments that can withstand harsh conditions and maintain color stability. The use of cutting-edge technologies like nanotechnology and biotechnology in the production of dyes and pigments is boosting product performance and improving production efficiency.
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Target buyers of Europe 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 continent-level data and insights on the Europe dyes and pigments market , including forecasts for subscribers. This continent databook contains high-level insights into Europe dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe dyes and pigments market size, by country, 2018-2030 (US$M)
Europe Dyes And Pigments Market Outlook Share, 2023 & 2030 (US$M)
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