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The company is an international provider of specialty chemicals and performance materials, offering a variety of products such as carbon black, specialty compounds, and formulations that cater to diverse industries across the globe.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 41.51 billion in 2023.
The market is estimated to grow at a CAGR of 6% between 2024 and 2032.
The market is estimated to witness healthy growth in the forecast period of 2024-2032 to reach about USD 70.33 billion by 2032.
The major drivers of the market include rising focus on developing eco-friendly colorants and growing construction activities.
The key trends of the market include rising demand for paints and coatings from automotive sector and growing requirement for high quality and natural colorants for textile applications.
The significant forms of colorants available in the market are dyes, pigments, color concentrates, and masterbatches.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market key players are Cabot Corporation, Basf SE, DIC Corporation, Sun Chemical, Clariant AG, Lanxess AG, Avient Corporation, Heubach GmbH, and Penn Color, Inc., among others.
The market is categorised according to color, which includes natural and synthetic.
Based on the composition, the market is divided into organic and inorganic.
Based on the application, the market is divided into textile, automobiles, food, beverages, paper, printing, building and construction.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
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+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124