Published on February 2, 2015

In India owing to rise in popularity of colored varieties demand for pigments are escalating rapidly. With the help of good technical expertise and R&D achievements n near term many new dyeing technologies are coming into market. As per report many new construction projects are in line which will escalate the demand for paint and coating owing to this consumption of dyes and pigments also will take positive move.

The Indian dyestuff sector has recorded strong growth in recent years, benefiting from government tax and excise concessions for smaller companies. Recent report said that with the growth in the paint and coating industry demand for dyes and pigments also will take a major budge.  As the paint and coating is major player for dyestuff sector.

The global dyes market is projected to grow at a CAGR of 3.6% and reach 11 million metric tons by 2018. Report said that Metallic pigments are expected to register a strong wave of growth owing to the rise in popularity of colored varieties. The dyestuff industry has recently seen movement towards consolidation and as a result, organized players are now poised to take a lead in the global market.
The industry is likely to see many new dyeing technologies coming into the market with the help of good technical expertise and R&D achievements. The trend towards unique printing output is expected to provide a boost to the market due to greater acceptance of aluminum pigments.