World dyes and organic pigments, industry study with forecasts for 2013 and 2018
Article Type: Conferences, training and publications From: Anti-Corrosion Methods and Materials, Volume 56, Issue 5
World demand for dyes and organic pigments is forecast to increase 3.9 per cent per year through 2013, in line with real (inflation-adjusted) gains in manufacturing activity. Volume demand will grow 3.5 per cent annually. 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. Market value will benefit from consumer preferences for environmentally friendly products, which will support consumption of high-performance dyes and organic pigments.
Following 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. 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 those 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. Strong gains will also occur in other developing areas such as the Africa/Mideast region and Eastern Europe, while market maturity will limit advances in developed areas such as North America, Western Europe and Japan.
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. Among the different dye product types, disperse dyes are expected to see the most rapid 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 generally higher price points than those of inorganics and their only moderate ability to provide opacity. The best prospects are for high-performance products such as quinacridones, which will experience favorable gains as end-users require more exacting properties from their coloring agents. While specialized pigment grades will offer good opportunities due to their enhanced environmental acceptability and superior performance characteristics, classical or conventional grades are expected to continue to dominate the organic market. These relatively lower priced commodity organic pigments will remain widely employed in large-volume markets with less exacting performance standards for colorants, such as printing links.
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