The global dyes and pigments market grew at a CAGR of around 6% during 2014-2019. Looking forward, the publisher expects the global dyes and pigments market to continue its moderate growth during the next five years.

Dyes and pigments refer to various coloring agents used for adding colors to commercially used textiles, papers, leathers, rubbers and other beverages. Dyes are water-soluble substances that are majorly used in a liquid form on plastics, fabrics, leather, paper and wood products. Some of the commonly available variants include disperse, reactive, azo, vat, sulfur- and solvent-based dyes. On the other hand, pigments are coloring agents available in the form of small insoluble particles that disperse in liquid paint or ink. They are usually mixed with a dispersing agent that sticks the pigment onto the surface of the material.

Significant growth in the construction, chemical and pharmaceutical industries is one of the key factors creating a positive outlook for the market. Furthermore, widespread product adoption for paint and coating applications is also driving the market growth.