The Indian Dyes & Pigments market is anticipated to grow at a substantial CAGR of 11% during the forecast period. The increasing demand for organic pigments, as they are the most common type of pigment produced in India, accounting for approximately 58% of total pigment production is the major driver for the growing demand for dyes and pigments in India. The country’s cosmetics industry is majorly assisting in the growth of the pigments market in the region as the cosmetics industry is a significant application sector for pigments. The demand for cosmetic products such as hair care skin care, and perfumes are increasing rapidly due to rising living standards and changing lifestyles, therefore boosting the Indian cosmetics sector therefore accelerating the growth of the Indian dyes and pigments market. Further, due to environmental crackdowns in China, that have resulted in the closure of several domestic dye companies, therefore the dyes industry in India is expected to grow steadily in the coming years. With the proper availability of ecosystem, technology, and industry compliance, India is better positioned in the dyes and pigments market and this a result China’s consumer base is likely to shift to India in the coming years.
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The Indian 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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Indian Dyes & Pigments Market Segmentation
By Type
- Dyes
- Reactive dyes
- Disperse dyes
- Acid dyes
- Others (Vat, Direct)
Pigments
- Titanium dioxide
- Inorganic pigments
- Organic pigments
Indian Dyes & Pigments Market 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.)
