Published on June 30, 2014
Increase in end-user preference for environment friendly products is probable to drive augmentation of the dyes and pigments market in coming future. Industry sources said that inorganic pigments are expected to be the largest revenue and volume segment in the dye and pigment market for the next few years. Organic pigments are anticipated to show the largest growth numbers in near term.
The rising popularity of unique printing output and wider acceptance of aluminum pigments is predicted to drive the global metallic pigments market in the future. Market players said that recently dyes and pigments market running with a balanced pace and some industry analyst said that in a very short span of time it will take an affirmative move.
Current news from user industries said that they are facing an unprecedented and uncountable growth of dyestuffs prices. Past few months has shown hike of 80% in the prices of some dyestuff. Some of the manufacturers said that the shortage of raw materials is leading to the inability to produce the fabrics as requested by contracts. Higher prices of raw material are leading to delay and cancellation of the orders of textile industry.