The market for dyes and pigments - France

Dyes and pigments are two different substances used in a variety of industries: food, cosmetics, textiles and purely industrial. These substances are used to impart a new color. A distinction must be made between colorants and pigments. Dyes are soluble and need to be carefully ground. They can be found in the food, chemical, plastics, cosmetics, leather and textile industries. Pigments, on the other hand, are insoluble. They are ground, dispersed and applied to the surface of the material to be colored. They can be found in cosmetics, inks, paint, plastics, coatings, glass, concrete and ceramics. due to competition from Asian countries, the activity of colorant and pigment manufacturers has been in sharp decline since the early 2000s. However, growth has returned in recent years. The main players include major international groups such as DIC, Tronox and Ferro. French companies are smaller, specializing in specific segments. Estimated at $38.2 billion in 2022, the market could well reach $57.3 billion in 2030, recording a CAGR of 5.3%. On a French scale, the sector saw a slight drop in activity in 2023, following two years of significant growth.