Abstract
Global demand to rise 3.9% yearly through 2013
World demand for dyes and organic pigments is forecast to increase 3.9 percent
per year to $16.2 billion in 2013, in line with real (inflation-adjusted)
gains in manufacturing activity. 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 coatings, and plastics.
Strong gains will occur in the Asia/Pacific region and, to a lesser extent,
other developing regions such as the Africa/Mideast region and Eastern Europe,
while market maturity will limit advances in North America and Western Europe.
Overall market value will benefit from important consumer preferences toward
environmentally friendly products, which will support consumption of
highperformance dyes and organic pigments. 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 lowcost producers based in Asia (China and India in particular).
Organic pigments to lead demand gains
Growth in dye consumption will trail increases in organic pigment demand,
although dyes will continue to represent the lion' s share of the overall
market both in volume and value terms. Among the different dye product types,
disperse dyes are expected to see the fastest gains, due to their usage in the
fast-growing polyester fiber industry. For their part, organic pigments find
increasing use in inks and coatings due to their ability to provide intense
and bright colors. However, drawbacks to the use of organic pigments include
their only moderate ability to provide opacity. The best prospects are for
high-performance products such as quinacridones, which will experience
favorable gains as endusers require more exacting properties from their
coloring agents. Azos will benefit from their ability to provide a wide range
of yellow shades, without the heavy metals such as those in chromate inorganic
pigments.
While specialized pigment grades will offer good opportunities due to their
enhanced environmental acceptability and superior performance traits (e.g.,
heat stability, chemical resistance and lightfastness), commodity grades are
expected to continue to dominate the organic market. These lower-priced
commodity organic pigments will remain widely employed in large-volume markets
with less exacting performance standards for colorants, such as printing inks.
Asia/Pacific region to grow the fastest
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.
Study coverage
This new Freedonia industry study, World Dyes & Organic Pigments, presents
historical demand data (1998, 2003, 2008) plus forecasts for 2013 and 2018 by
material, product, end user market, world region and for 20 major national
markets. The study also considers market environment factors, evaluates
company market share data and profiles global industry competitors.
| 
View Cart
