Textile and automobile sectors both utilise a lot of dyes and pigments. The need for dyes and pigments is likely to rise as the automobile and textile sectors expand.
The global Dyes, Pigments, Paints, and Coatings Market was worth USD 37.76 billion in 2018 and is expected to grow to USD 54.64 billion by 2026, with a CAGR of 4.9 percent during that time period.Pigments and dyes are chemicals that give a material its colour. Both dyes and pigments are commonly referred to as colourants. Pigments are significantly coarser than dyes. Dyes are not UV stable, however pigments are usually UV stable. Dyes dissolve the colouring matter in the air before being absorbed by the substance to which they are applied.
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