Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

India Dyes and Pigments Market Size

The India dyes and pigments market attained a value of USD 65.71 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.5% to reach USD 97.65 billion by 2032.

 

India Dyes and Pigments Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 65.71
Market Size 2032 USD Billion 97.65
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 4.5%
CAGR 2024-2032 - Market by Region North Region 5.1%
CAGR 2024-2032 - Market by Product Category Pigments 4.8%
CAGR 2024-2032 - Dyes Market by Application Textiles 5.2%
Market Share by Region East and Central Region 22.7%

 

India Dyes and Pigments Market Report Snapshots

India Dyes and Pigments Market Size

India Dyes and Pigments Market Growth

India Dyes and Pigments Market Trends

India Dyes and Pigments Companies

 

*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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Outline the Scope

Key Questions Answered in the Report

The India dyes and pigments market attained a value of USD 65.71 billion in 2023.

The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.5%.

The major drivers of the industry include the rising disposable incomes, increasing population, rising demand for cosmetics, growing construction and infrastructure activities, increasing demand from the paints and coatings industries, and the rising globalisation and urbanisation.

The rising consciousness among consumers about hygiene and outer appearance, along with product diversification, is expected to be a key trend guiding the growth of the industry.

The major types of dyes are azo dyes, acid direct dyes, disperse dyes, oil soluble, reactive dyes, sulphur dyes, vat dyes, solubilised vat dyes, and food colours. The significant types of pigments are into optical whitening agents, organic pigments, pigment emulsion, and inorganic pigments.

Dyes find their applications in textiles, food, paper, and leather, among others, whereas pigments find applications in paint and coatings, plastics, printing inks, and textiles, among others.

The leading players in the market are Clariant AG, BASF SE, Sudarshan Chemical Industries Limited, Atul Ltd, Asahi Songwon Colors Ltd, AksharChem, Bodal Chemical Ltd, Kiri Industries Limited, Vipul Organics Ltd, and Dynamic Industries Ltd, among others.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 97.65 billion by 2032.

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