What is the projected CAGR of the Dyes and Pigments market?
The Dyes and Pigments market is expected to grow at a CAGR of 4.7% during the forecast period 2023-2030.
Which factors are driving the growth of the Dyes and Pigments market?
The increasing demand for dyes and pigments from the packaging and textile industries is one of the prime factors driving the market growth. Additionally, improving demand for printing ink and the e-commerce boom are also contributing to the market's expansion.
What are the major challenges faced by the Dyes and Pigments market?
Increasing environmental concerns and stringent government regulations regarding hazardous waste disposal are anticipated to limit market growth.
Who are the key players in Dyes and Pigments Market?
Major players are E. I. du Pont de Nemours and Company, Ferro Corp, Flint Group, Heubach GmbH, Cathay Pigments, Inc, Sun Chemical Corporation, Dainichiseika Color & Chemicals Mfg. Co., Ltd, Lanxess AG, Huntsman International, LLC.