Published on August 25, 2014

The worldwide dyestuff industry is valued at USD 27 billion and has been budding at 2-3% p.a.

Report said that recently market players are looking for the in-depth market analysis with industry experts which will augment the expansion of the industry. Pigments are the coloring elements present in the paints and have a very special place in the paint industry.

Source said that Net profit of Jaysynth Dyestuff (India) declined in the quarter ended June 2014. Report said that the decline in the traditional producers in India has reduced the significant growth of this industry.

As demand for paint sector is escalating in the market, consumption of pigments is also growing.  Recently in Indian market dyestuff industry is running with a firm velocity owing to slow demand from user industry sectors such as Textile and Paint.

Report said that with its flourishing economies and speedily intensifying manufacturing bases, dyestuff sector is projected to practice uppermost consumption during the next five years. Market players said that the expansion of the dyes market budge with the intensification of the global economy. Presently industry analysts are planning for the new stratagem for the expansion of this industry which will boost up the market growth.