Dyes & Pigments Market Outlook and Opportunities in Grooming Regions with Forecast 2027
Market Synopsis According to the MRFR analysis, Global Dyes Pigments Market was valued at USD 34.2 Billion in 2019 and is projected to witness a CAGR of over 5% during the forecast period, 2020–2027 . The protuberant factor driving the growth of the global market is the high demand for dyes pigments in the textile industry, prominently in Asia-Pacific and the developing economies of the Middle East Africa and Latin America. Moreover, the prospering textile industry in Asia-Pacific and the Middle East Africa on account of the availability of skilled and low-cost labor, favorable macroeconomic conditions, and abundant availability of natural resources (for fabric manufacturing such as cotton and jute) are further expected to boost demand for textile dyes in the textile industry in these regions. The rising demand for printing inks in the textile industry owing to the rising concerns over water pollution and wastage caused due to the use of synthetic dyes has been drivin...