North America Colorants Market, By Colour (Natural Colour, Synthetic Colour), Product (Pigments, Dyes, Colour concentrates, Master batches), End-User (Packaging, Paper and Printing, Textiles, Building and Construction, Automotive, Consumer Goods, Others), Country (U.S., Canada, and Mexico)-Industry Trends and Forecast to 2028.
Market Analysis and Insights : North America Colorants Market
The colorants market is expected to witness market growth at a rate of 3.9% in the forecast period of 2021 to 2028. Data Bridge Market Research report on colorants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market's growth. The rise in the disposable income is escalating the growth of colorants market.
Colorants are defined as substances which are utilized in modifying the surface of a material. They are used for painting, printing and for colouring various materials such as plastics and food. Most colorants are classified as pigments and dyes. Dyes are referred to soluble coloured organic compounds used for textiles in water and pigments are insoluble compounds which are used in printing inks, paints and plastics. Colorants are the vital ingredients in foods including desserts, confectionery, drinks and snacks.
Major factors that are expected to boost the growth of the colorants market in the forecast period are the rise in the demand from various end-user industries such as packaging, textiles, food and beverages, building and construction, agriculture. Furthermore, favourable government regulations for eco-friendly initiatives, rapid urbanization and consumer spending on packaged food products and fashionable garments is further anticipated to propel the growth of the colorants market. Moreover, the growing awareness of about environmental-friendly features and health benefits associated with natural colorants is further estimated to cushion the growth of the colorants market. On the other hand, fluctuations in the prices of raw material and concerns about environmental hazards is further projected to impede the growth of the colorants market in the timeline period.
In addition, the increase in the demand for eco-friendly products and emerging new markets will further provide potential opportunities for the growth of the colorants market. However, the harmful effects associated with dyes might further challenge the growth of the colorants market in the near future.
This colorants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on colorants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
North America Colorants Market Scope and Market Size
The colorants market is segmented on the basis of color, product and end-user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of color, the colorants market is segmented into natural colour and synthetic colour.
- On the basis of product, the colorants market is segmented into pigments, dyes, colour concentrates and master batches. Pigments have been further sub-segmented into organic and inorganic. Organic has been divided into polycyclic, azo, dioxazine, anthraquinone, triarylcarbonium and quinophthalone. Inorganic has been divided into coloured and white where coloured again is classified into CICP, metal salts, metal oxides and others. White is classified into opaque and non-opaque. Dyes have been further sub-segmented on the basis of type, nature, lake and chemistry. On the basis of type, it has been divided into natural, by source and synthetic. Dyes, on the basis of nature, it has been divided into acidic and basic. Dyes, on the basis of lake, it has been divided into fat soluble, basic and metal complex. Dyes, on the basis of chemistry it has been divided into mordant dyes, direct dyes, reactive dyes, disperse dyes, acid dyes, VAT dyes, direct dyes, azoic dyes, sulphur dyes and others. Colour concentrates have been further sub-segmented into solid and liquid. Masterbatches have been further sub-segmented into white, black and colour.
- On the basis of end-user, the colorants market is segmented into packaging, paper and printing, textiles, building and construction, automotive, consumer goods and others. Packaging has been further sub-segmented into food and beverage, healthcare and consumer goods. Textiles have been further sub-segmented into fabric colouring, printed fabrics and leather. Building and construction have been further sub-segmented into paints and coatings, plastics and others. Automotive has been further sub-segmented into paints and coatings, plastics and textiles.
North America Colorants Market Country Level Analysis
The colorants market is analysed and market size, volume information is provided by country, color, product and end-user as referenced above.
The countries covered in the colorants market report are U.S., Canada and Mexico in North America.
U.S. dominates the colorants market due to the rise in the need for the pigment and dye. Furthermore, the technological advancement and rise in the requests will further boost the growth of the colorants market in the region during the forecast period.
The country section of the colorants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America Colorants Market Share Analysis
The colorants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to colorants market.
The major players covered in the colorants market report are DIC CORPORATION, ColorChem International Corp., BASF SE, Clariant, Cathay Industries, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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