DUBLIN--(BUSINESS WIRE)--The "Agriculture Dyes and Pigment Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
The agriculture dyes and pigments market is expected to grow at a compound annual growth rate of 6.49% over the forecast period to reach a market size of US$2.428 billion in 2026 from US$1.665 billion in 2020.
The Agricultural Dyes and pigments refer to the colours for fertilizer, seed protection and other agricultural products. The dyes, pigments and colours are used in the agricultural industry to differentiate the products while inspecting the crop filed. These dyes have a limit to be used as per the agriculture governing bodies of the respective countries. The sector has been criticizing the use of chemical concentrated dyes which includes components of pyridine, bis-diazo, anthraquinone as it is costly in terms of operation, and adds to the chemical pollution.
This has promoted the use of bio-agricultural dyes in the market. For instance, Emperor Chemical has transformed the raw materials for its product named Enoch from having chemical substrates to organic and raw substrates having an eye for the details such as pH value, light impact, surface tensions and others. The shift to organic substrates has allured farmers to purchase products proactively. The market increase can be attributed to the increase in the paints and coatings of agricultural auxiliary products with an increase in the size of farmlands. The agricultural products require such offerings for seed treatment, fertilizer colours, adding to the ability to differentiate without many efforts. It protects seeds from pests and boosts yield. Colouring the fertilizers makes it easier to undertake treatment at the leftover part of the field by demarketing it.
COVID-19 outbreak
Under the COVID-19 scenario, the demand for the agro dyes and pigments market has plummeted as the economic activities decreased. The exploratory projects have been halted as the challenges in the supply chain led to manufacturing delays and it increased the cost of operation. Farmers and the producer of the agricultural goods see the agro dyes and pigments as non-essential to carry out usual farming business. As the revival initiated under the unlock scenarios, the demand for fresh crops went up which increased the occupancy rate of the farm. This is expected to route the market back to normalcy as the farmers would be requiring demarketing products for efficient farming with limited resources.
Companies Mentioned
- French Color and Fragrance Co.
- Shree Laxmi Corporation
- Aromatic Fillers, LLC
- Sun Chemical
- Orion Engineered Carbons LLC
- Mamta Tex Dyes
- Jyoti Dye Chem Agency
- Colorifix
- Pylam Dyes
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Agriculture Dyes and Pigments Market Analysis, By Source
5.1. Introduction
5.2. Acid
5.3. Basic
5.4. Direct
5.5. Others
6. Agriculture Dyes and Pigments Market Analysis, By Application
6.1. Introduction
6.2. Color Solutions
6.3. Seed Treatment
6.4. Crop protection
6.5. Fertilizer
7. Agriculture Dyes and Pigments Market Analysis, By Geography
7.1. Introduction
7.2. North America
7.3. South America
7.4. Europe
7.5. Middle East and Africa
7.6. Asia Pacific
8. Competitive Environment and Analysis
8.1. Major Players and Strategy Analysis
8.2. Emerging Players and Market Lucrativeness
8.3. Mergers, Acquisitions, Agreements, and Collaborations
8.4. Vendor Competitiveness Matrix
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/7ieve5
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March 11, 2021 at 11:16PM
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Global Agriculture Dyes and Pigment Market (2021 to 2026) - Players Include Aromatic Fillers, Sun Chemical & Orion Engineered Carbons Among Others - ResearchAndMarkets.com - Business Wire
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