Dyes and pigments are extensively used in the textile and automotive industries, this increasing use is one of the major factors contributing to the growth of the market. Asia Pacific is expected to be a major contributor in the dyes and pigments market. Rapidly growing textile industry in the developing countries such as India and China is one of the major factors contributing to the growth of the market in the region. According to India Brand Equity Foundation (IBEF), during FY 2015-16, the textile industry in India employed approximately 40 million workers and exported textile products worth US$ 40 billion. This has augmented growth of the dyes and pigments market in the region.
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Increasing regulatory restrictions on production of dyes and pigments is expected to be one of the major factors restraining growth of the dyes and pigments market. The Environmental Protection Agency of the United States, has implemented regulations that enlist potential effects of waste generated from the production of azo, triarylmethane, and anthraquinone dye and pigment product classes. Expanding production, distribution, and research on improving properties of ecofriendly colorants are some of the key strategies adopted by the top players in the global dyes and pigments industry. These dyes and pigments are usually used for coloring textiles, paper, plastics, leather, inks, paints/coatings, food, drugs, and cosmetics. Some of the major companies operating in the dyes and pigments market are Clariant AG, BASF SE, DIC Corporation Kiri Industries Ltd., Atul Limited, Sudharshan Chemical Industries Limited, Huntsman Corporation, Kronos Worldwide, Inc., Lanxess AG, and Tronox Limited.
Pigment is organic or inorganic powdered solid which is insoluble. Pigments offer excellent characteristics such as good baking stability, excellent solvent resistance, easily dispersible nature, high tinting strength, and consistent unique shades. Pigments are used in paints that are used for decorative and protective coatings. These are also used in coloration various plastics such as poly vinyl chloride(PVC), acrylonitrile-butadiene-styrene resins (ABS), urea-formaldehyde(U-F), rubber, synthetic polymers and melamine-formaldehyde molding powders, nylons, polyfins, phenol-formaldehyde(P-F).
Dyes and Pigments Market Taxonomy
On the basis of type of dyes, the global market is classified into:Acid dyesVAT dyesDisperse dyesReactive dyesDirect dyes
On the basis of pigments, the global market is classified into:Organic pigmentsInorganic pigmentsTitanium dioxide pigments
On the basis of type of end use industry, the global market is classified into:
AutomotiveConstructionChemicalsTextileLeatherPaperPaints & Coatings
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Reactive dyes are specialty dyes of highly colored organic substances, which have primary application in tinting of textiles. Due to the reactive nature, these dyes tend to attach themselves to the fabric surface by a chemical reaction, thus forming a covalent bond between the molecule of dye and fiber. Acid dyes exhibit characteristics such as anionic nature, which makes them suitable for wool, modified acrylics polyamide, and silk. Acid dyes combine with the fiber through hydrogen bonds, van der waals forces or through ionic linkages. Titanium dyes are used in industrial paints, printing inks, powder coatings, construction industry rubber, gloss tinting bases, enamels, paints and coatings, and in various plastic applications. This mainly attributes to its properties such as low oil absorption and excellent tint strength.