India Dyes And Pigments Market Size & Outlook, 2023-2030
India dyes and pigments market, 2018-2030 (US$M)
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India dyes and pigments market highlights
- The India dyes and pigments market generated a revenue of USD 10,544.1 million in 2023 and is expected to reach USD 15,362.1 million by 2030.
- The India market is expected to grow at a CAGR of 5.5% 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 10,544.1 million |
| Market revenue in 2030 | USD 15,362.1 million |
| Growth rate | 5.5% (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, India accounted for 26.3% 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 |
|---|
India 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 India 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 India is experiencing significant growth, driven by several key factors. One of the major drivers is the rapidly expanding textiles and clothing industry. The textiles and clothing industry is one of the largest and most important industries in India, generating significant revenue and employment.
This growth has created a strong demand for high-quality and specialized dyes and pigments that can be used to produce a wide range of textiles, clothing, and fashion accessories. Another important factor contributing to the growth of the dyes and pigments industry in India is the rapidly expanding construction sector.
For example, the Indian government has launched several housing schemes to boost the construction sector and provide affordable housing to the country's growing population. The "Pradhan Mantri Awas Yojana" is one such scheme aimed at providing housing for all by 2022.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the India dyes and pigments market , including forecasts for subscribers. This country databook contains high-level insights into India dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India dyes and pigments market size, by product, 2018-2030 (US$M)
India Dyes And Pigments Market Outlook Share, 2023 & 2030 (US$M)
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