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Home > Industrial Markets > Chemicals > Dyes/Pigments
World Dyes & Organic Pigments
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| Published Date:
May 2009
Published By:
Freedonia Group Inc
Page Count:
398
Order Code:
R154-1954
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Global demand to rise 3.9% yearly through 2013
World demand for dyes and organic pigments is forecast to increase 3.9 percent per year to $16.2 billion in 2013, in line with real (inflation-adjusted) gains in manufacturing activity. In volume terms, demand will grow 3.5 percent annually to 2.3 million metric tons. While the textile industry will remain the largest consumer of dyes and organic pigments, faster growth is expected in other markets such as printing inks, paint and coatings, and plastics. Strong gains will occur in the Asia/Pacific region and, to a lesser extent, other developing regions such as the Africa/Mideast region and Eastern Europe, while market maturity will limit advances in North America and Western Europe.
Overall market value will benefit from important consumer preferences toward environmentally friendly products, which will support consumption of highperformance dyes and organic pigments. However, gains will be limited by the mature state of the organic colorant industry in developed areas such as the US, Western Europe and Japan, where dyes and organic pigments are essentially commodity items used in well-established markets. Also restraining gains will be intense competition and continued pricing pressures, especially from lowcost producers based in Asia (China and India in particular).
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