Colorants Market projected to Reach 65.65 billion USD by 2022

1. MarketsandMarkets Presents Colorants Market Projected to Reach 65.65 Billion USD by 2022 https://www.marketsandmarkets.com/Market-Reports/colorant-market-181900395.html

2. The report "Colorants Market by Type (Dyes, Pigments, Masterbatches, Color Concentrates), End-Use Industry (Packaging, Building & Construction, Automotive, Textiles, Paper & Printing), Region (North America, Asia-Pacific, Europe) - Global Forecast to 2022", The colorants market was valued at USD 47.45 Billion in 2016 and is projected to reach USD 65.65 Billion by 2022, at a CAGR of 5.0% from 2017 to 2022. Browse 90 market data tables and 42 figures spread through 167 pages and in-depth TOC on "Colorants Market - Global Forecast to 2022" Request FREE PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=181900395 Research Methodology: This study estimates the size of the colorants market for 2017 and projects its growth by 2022. It provides a detailed qualitative and quantitative analysis of the colorants market. Secondary sources, such as Hoovers, Bloomberg Business Week, and Factiva, among others have been used to identify and collect information useful for this extensive, commercial study of the colorants market. Primary sources such as experts from related industries and suppliers of colorants have been interviewed to obtain and verify critical information and assess future prospects of the colorants market. https://www.marketsandmarkets.com/Market-Reports/colorant-market-181900395.html

3. Scope of the Report: • The colorants market has been segmented as follows: • Colorants Market, by Form: • Pigments • Dyes • Masterbatches • Color Concentrates • Colorants Market, by End-use Industry: • Packaging • Building & Construction • Automotive • Textiles • Paper & Printing • Others • Colorants Market, by Region: • Asia-Pacific • Europe • North America • Middle East & Africa • South America • The market has further been analyzed for the key countries in each of these regions. https://www.marketsandmarkets.com/Market-Reports/colorant-market-181900395.html

4. Industry Insights: The increasing use of colorants for coloring plastics is driving the colorants market. Moreover, growing importance of aesthetics in the packaging industry is another driver fueling the growth of the colorants market. The colorants market is projected to reach USD 65.65 billion by 2022, at a CAGR of 5.0% from 2017 to 2022. The colorants market has witnessed high growth in the recent years, and this growth is projected to continue in the near future, owing to the increase in demand for colorants in various end-use industries, such as packaging, building & construction, and automotive, among others and in applications such as plastics and paints & coatings. The growing demand for plastics in various industries is also a driver for the growth of the colorants market. On the basis of type, the colorants market has been segmented into pigments, dyes, masterbatches and color concentrates. The pigments segment leads the colorants market. The growth of this segment of the market can be attributed to the increasing use of pigments in the paints & coatings application in the automotive and building & construction industries. The market for masterbatches is projected to grow at the highest CAGR during the forecast period due to the growing plastics industry. Request FREE Sample Pages: https://www.marketsandmarkets.com/requestsample.asp?id=181900395 On the basis of end-use industry, the colorants market has been classified into packaging, textiles, paper & printing, building & construction, automotive, and others. The packaging end-use industry is leading the colorants market and is projected to grow at the highest CAGR during the forecast period. The growth of the packaging end-use industry in the colorants market is due to the increased demand for colorants for coloring plastics used for lightweight packaging. Moreover, increasing use of colorants to color packaging materials such as plastics, paper, metal, fabric, and so on has also propelled growth in this industry. https://www.marketsandmarkets.com/Market-Reports/colorant-market-181900395.html

5. Industry Leaders: The key players operating in the colorants market are Clariant  AG (Switzerland), BASF SE (Germany), DIC Corporation (Japan), Huntsman Corporation (U.S.), E. I. du Pont de Nemours & Company (U.S.), Cabot Corporation (U.S.),  LANXESS AG (Germany), PolyOne Corporation (U.S.), and Sun Chemical Corporation (U.S.). Geographical Scenario: Based on region, the colorants market has been segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. The Asia-Pacific colorants market is projected to grow at the highest CAGR during the forecast period, owing to the increasing demand for colorants in packaging medical, pharmaceutical, and food & beverages products. The Asia-Pacific colorants market is projected to grow at the highest CAGR during the forecast period The Asia-Pacific region is a lucrative market for colorants. The growth of the Asia-Pacific colorants market is due to the increased demand for colorants from various end-use industries, such as packaging, building & construction, and automotive, textiles and paper & printing. Moreover, industrial growth in the Asia-Pacific region, along with the increasing buying power of consumers has further boosted the demand for colorants in the region, thereby fueling the growth of the Asia-Pacific colorants market. China is the largest market for colorants in the Asia-Pacific region, whereas the colorants market in India is projected to grow at the highest CAGR during the forecast period. https://www.marketsandmarkets.com/Market-Reports/colorant-market-181900395.html

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