Germany Dyes And Pigments Market Size & Outlook, 2023-2030
Germany dyes and pigments market, 2018-2030 (US$M)
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Germany dyes and pigments market highlights
- The Germany dyes and pigments market generated a revenue of USD 1,584.1 million in 2023 and is expected to reach USD 1,917.0 million by 2030.
- The Germany market is expected to grow at a CAGR of 2.8% 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 1,584.1 million |
| Market revenue in 2030 | USD 1,917.0 million |
| Growth rate | 2.8% (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, Germany accounted for 4.0% 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 Europe, UK dyes and pigments market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,917.0 million by 2030.
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Dyes And Pigments Market Scope
Dyes And Pigments Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 59.08% in 2023. Horizon Databook has segmented the Germany dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The automotive industry is known for its high standards of quality and innovation, and this is reflected in the demand for highquality and specialized pigments used in the production of automotive components and materials.
Another important factor is the growing demand for sustainable pigments, companies in Germany are investing in research and development of new, innovative, and environmentally friendly pigment production methods. Additioanlly, the expansion of the construction industry is also contributing to the growth of the dyes and pigments market in Germany.
The growing demand for new residential and commercial construction projects, as well as infrastructure development, is driving the demand for pigments used in the production of building materials and components.
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Target buyers of Germany 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 Germany dyes and pigments market , including forecasts for subscribers. This country databook contains high-level insights into Germany dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany dyes and pigments market size, by product, 2018-2030 (US$M)
Germany Dyes And Pigments Market Outlook Share, 2023 & 2030 (US$M)
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