Market revenue in 2023 | USD 2,196.2 million |
Market revenue in 2030 | USD 2,600.0 million |
Growth rate | 2.4% (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 |
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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 UK dyes and pigments market based on dyes, pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The growth of the dyes and pigments industry in UK is being fueled by a number of key drivers. The demand for the printed packaging materials in various industries such as food, cosmetics, and pharmaceuticals, is one of the major growth factors.
The use of dyes and pigments in packaging printing enables brands to add vibrant, attention-grabbing colors and designs to their packaging, making it more appealing to consumers. Additionally, the focus on sustainability is boosting growth in the UK, with companies investing in research and development of environmentally-friendly pigment production methods.
The increasing popularity of digital printing technology is also driving demand for specialized pigments Companies such as Huntsman Corporation, Synthomer, and Archroma UK Ltd. all global players in the dyes and pigments industry are contributing to the growth of the market through research and development, expanding their product lines, and growing their market share.
Horizon Databook provides a detailed overview of country-level data and insights on the UK dyes and pigments market , including forecasts for subscribers. This country databook contains high-level insights into UK dyes and pigments market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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