The dye & pigment intermediates market is one of the important segments of the chemical industry. The market is witnessing significant growth due to the increasing demand from numerous end-use industries, such as paints & coatings, textiles, plastics, and printing inks. Dyes are widely used in the textile industry to color fabric.
With the rise in construction and building renovation activities, the demand for paints and coatings is increasing rapidly, significantly propelling the market’s growth. Pigments play a crucial role in paints & coatings, enhancing color, performance, and durability. In addition, the increasing demand for protective coatings and paints from the automotive industry is expected to boost market growth in the coming years.
The demand for natural dyes and pigments is rising with the growing preference for eco-friendly products. Thus, key market players are focusing on developing water-based and plant-based dye & pigment intermediates that can reduce the environmental impact while catering to varying consumers’ demands. Technological advancements are leading to improved dyeing processes, further enhancing efficiency and reducing waste.
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Published by Saurabh Bidwai
