Global Colorants Market Overview:
Colorants are substances that we use to add colors to things such as textiles, paints, inks, plastics, or even food items. These colorants may come in either natural or artificial forms and are usually chosen as they are compatible with what they are staining. The global market for colorants is experiencing strong growth fueled by demand in various industries including packaging, textiles, food & beverages, and automotive. More Consumers are shifting towards the natural and sustainable colorants due to focus on environment friendly products and sustainable production process which is expected to fuel significant opportunities for the market. Manufacturers are focusing on development of colorants with high performance, UV protection and other functionalities that may create noteworthy opportunities for the market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Focus on Sustainability and Emerging Trend of Natural Colorants That are Derived From Plants or Other Organic/Natural Products
Market Growth Drivers:
Robust Growth of Paint & Coating and Textile Industry Across The Globe and Increasing Demand of Colorants in Food & Beverage Industry to Enhance Visual Appearance
Challenges:
Shorter Shelf Life of Some Colorants and Stiff Competition Due to Number of Established Players in the Global Market
Restraints:
Stringent Regulations on Colorants That Are Used in Food & Beverages and Cosmetics Industry
Opportunities:
Growing Popularity of Colorants With Enhanced Functionalities Such as UV Protection, Self-Cleaning and Anti-Microbial Properties
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are Soujanya Color Pvt. Ltd (India), BASF SE (Germany), Cargill Incorporated (United States), Koninklijke DSM N.V. (Netherlands), FMC Corporation (United States), Clariant (Switzerland), LANXESS (Germany), Sun Chemical (United States), DIC Corporation (Japan), Symrise (Germany), Döhler GmbH (Germany), Ferro Corporation (United States), Givaudan (Switzerland), Cabot Corporation (United States), Toyo Ink SC Holdings Co Ltd (Japan), Michroma (United States), Hansen Holding A/S (Denmark) and Huntsman International LLC (United States). Analyst at AMA Research see United States & European Vendors to retain maximum share of Global Colorants market by 2030. Considering Market by Composition, the sub-segment i.e. Natural will boost the Colorants market. Considering Market by Form, the sub-segment i.e. Liquid will boost the Colorants market.
What Can be Explored with the Colorants Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Colorants Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Colorants
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Colorants market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Colorants market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Colorants Manufacturers, Suppliers & Distributors, End Users, Venture Capitalists and Private Equity Firms, Government Bodies, Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.