Synthetic Pigment Market
Synthetic Pigment Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Synthetic Pigment Market Size and Growth
The synthetic pigment market is experiencing significant growth, valued at approximately $17 billion in 2023. Driven by demand in industries such as automotive, construction, and textiles, market conditions are influenced by innovation in color technology and sustainability practices. Projections indicate continued expansion, with a focus on eco-friendly alternatives.
Companies Covered
(Covid 19 Impact Covered)
◍ DyStar
◍ Huntsman
◍ Archroma
◍ KIRI
◍ Lonsen
◍ Runtu
◍ Jihua
◍ Yide
◍ Transfer
◍ Chuyuan
◍ Dikai
◍ Anoky
◍ Yabang
◍ Shenxin
◍ Hongqiao
◍ Wanfeng
The synthetic pigment market features key players like DyStar, Huntsman, Archroma, and KIRI, among others. These companies enhance market growth through innovation, sustainability initiatives, and broad application in textiles, coatings, and plastics. Actual sales revenue figures include:
- DyStar: Approx. $1 billion
- Huntsman: Around $3 billion
- Archroma: About $1 billion.
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Market Segmentation
By Application
Plastic
Paints and Coatings
Inks
Textile Industry
Others
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By Product
Organic Pigment
Inorganic Pigment
Market Growth
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$ X Billion USD
