Colorants Market Will Grow Due To Rising Demand For Pigments & Dyes
Industry Insights The global colorants market was estimated at 2,025 kilo tons in the year 2015. Natural colorants are extracted from different sources including agricultural, biological, minerals and others. It is anticipated to witness a significant growth due to rising demand for pigments & dyes from various end-use applications majorly including textiles, food & beverages, and plastics. Colorants are defined as a substance that is used alone or in combination with other ingredients to impart color in the product by altering its chemical and physical properties. The market has experienced immense growth in countries such as India, China, U.S., Canada, and Germany over the past few years due to the increasing awareness towards consumption of natural ingredients. The key driving factors such as increasing consumer preferences for attractive product packaging, and fashionable clothing trends, especially in U.S. are expected to spur the coloring agents demand ...