Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report that offers a comprehensive view of the trends and forecasts that shape the organic dye and pigments industry.

According to the report World Dyes & Organic Pigments: Industry forecasts for 2013 & 2018 world demand for dyes and organic pigments is forecast to increase 3.9 percent per year to $16.2 billion in 2013. In volume terms, demand will grow 3.5 percent annually to 2.3 million metric tons. While the textile industry will remain the largest consumer of dyes and organic pigments, faster growth is expected in other markets such as printing inks, paint, and plastics.

The overall market value for organic dyes will benefit from consumer preferences toward environmentally friendly products. However, gains will be limited by the mature state of the organic colorant industry in developed areas such as the US, Western Europe and Japan, where dyes and organic pigments are essentially commodity items used in well-established markets. Also restraining gains will be intense competition and continued pricing pressures, especially from low cost producers based in Asia (China and India in particular).

Following established trends seen over the past decade, the Asia/Pacific region will experience the strongest growth and increase its share of the global dye and organic pigment market -- representing one-half of world demand in 2013, up from 37 percent in 1998. China is by far the largest single consumer in the world and the fastest growing national market. India will also post rapid increases, but demand levels will remain well below that of China. China alone is expected to account for about two-fifths of global value gains in dye and organic pigment demand between 2008 and 2013.

The report “World Dyes & Organic Pigments: Industry forecasts for 2013 & 2018” is available from Report Buyer at: http://www.reportbuyer.com/industry_manufacturing/chemicals_industry/specialty_chemicals/world_dyes_organic_pigments.html

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