Dyes and Pigments Market Size

Dyes and Pigments Market size was over USD 44.41 billion in 2024 and is anticipated to cross USD 85.84 billion by 2037, witnessing more than 5.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of dyes and pigments is estimated at USD 46.26 billion. The growth of the market can be attributed to the growing textile industry across the globe exhibiting high demand for dyes and pigments. Moreover, dyes and pigments are primarily used to color the fabrics and textiles that are further used to make clothes, automotive interiors, decorative curtains, bedsheets, sportswear, protective clothing, and others. For instance, the retail sales for the footwear and apparel were estimated to reach approximately USD 2 trillion in 2019 across the globe. 

Global dyes and pigments market trends such as, growth in businesses in textile industry to boost the adoption rate of dyes and pigments in the upcoming years are expected to propel the market growth over the forecast period. Recently, it was calculated that in 2021, the number of textile and cloth manufacturing companies in the European Union was totaled to be 143,000. Dyes and pigments are used in multiple applications in processes of textile industries. Furthermore, owing to increased environmental awareness, and its long-lasting properties, dyes and pigments are highly consumed in textile industry.