According to a new report ‘Pigments and Dyes: A Global Strategic Business Report’ published by Global Industry Analysts, Inc., the global pigments and dyes market will be worth approximately $30 billion by 2010.

The study highlights the fundamental shift towards value-added, metal-based inorganic pigments and away from solvent-based materials in the world pigments and dyes market as high performance pigments drive growth. It also notes that dyes are widely used in markets such as China, South Korea, India and Taiwan whilst organic pigments are more widely used in developed regions such as Western Europe, the USA and Japan. Asia Pacific is the largest market for these products, followed by Europe and the USA which collectively account for close to 80% of worldwide consumption.

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