The European Dyes and Pigments market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2021-2027). The growth of e-commerce sales, increasing demand for product personalization, and increasing industrial packaging are accelerating the demand for packaging, and that as a result is boosting the growth of the dyes and pigments market in various European countries such as the UK. For instance, according to the Packaging Federation of the UK, the country’s packaging manufacturing industry generates annual sales of GBP 11 billion. It is also a significant contributor to the UK GDP and an important link in the larger packaging supply chain. The industry employs over 85,000 people, accounting for 3% of the manufacturing workforce in the UK.
Browse the full report description European Dyes & Pigments Market Size, Share & Trends Analysis Report by Type (Dyes (Reactive dyes, disperse dyes, Acid dyes, Others (Vat, Direct)), Pigments (Titanium dioxide, Inorganic pigments, Organic pigments)), By Application (Textile, Paints & Coatings, Plastics, Leather, Construction, Others (Paper, Printing ink)) Forecast Period 2021-2027 at https://www.omrglobal.com/industry-reports/europe-dyes-and-pigments-market
Rising acquisitions, product approval, collaborations among the major players in the market also propel the growth of the market. For instance, in November 2020, Lanxess AG has expanded its capacity for black synthetic iron oxide pigments at its Krefeld-Uerdingen site by more than 5,000 metric tonnes annually. With the completion of the debottlenecking measures, the expansion will be able to meet the increased demand from the construction industry, particularly for our unique black pigments to color concrete.
Market Coverage
o By Type
o By Application
o North America
o Europe
o Asia-Pacific
o Rest of the World
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
European Dyes and Pigments Market Report Segment
By Type
Pigments
By Application
European Dyes and Pigments Market Report Segment by Region
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