The North American Dyes & Pigments market is anticipated to grow at a substantial CAGR of 7.9% during the forecast period. Strong macroeconomic conditions, combined with the ease of obtaining dyes and pigments from natural resources for sought-after fabric manufacturing, such as jute and cotton, will contribute to the market’s growth in North America. Furthermore, the North American textile sector is the largest user of dyes accounting for approximately 21% of manufacturing employment in the country. Where Mexico is the world’s fifth-largest exporter of textiles and apparel that accounts for 4.8% of the country’s GDP. Meanwhile, the overall growth of the market in North America will be moderate due to market maturation and capacity rationalization in the region. However, issues regarding the application of synthetic dyes and the growing of raw material prices are two major challenges that the dye and pigment market will face in the coming years.
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The North American Dyes & Pigments Market is segmented based on types, and Applications. Based on the types, the market is further classified as dyes and pigments. Where dyes are segmented into reactive dyes, disperse dyes, acid dyes, others (Vat, Direct). And pigments are segmented into titanium dioxide, inorganic pigments, organic pigments. Further, based on the application the market is classified into textile, paints & coatings, plastics, leather, construction, others (paper, printing ink).
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North America Dyes & Pigments Market Segmentation
By Type
- Dyes
- Reactive dyes
- Disperse dyes
- Acid dyes
- Others (Vat, Direct)
Pigments
- Titanium dioxide
- Inorganic pigments
- Organic pigments
By Application
- Textile
- Paints & coatings
- Plastics
- Leather
- Construction
- Others (Paper, Printing ink)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
