The global market for dyes and organic pigments is expected to grow at 6 percent per year to become $20 billion by 2019. Moreover, as the growth in the west is slowly becoming stagnant, the new age growth story of ink and dye industry is being written in Asia.
As the industry gets mature and consumers are more aware of health issues, there is a rise in demand for safer inks and dyes. While incorporating the new consumer demands, Asia will definitely bring about a fresh coat of colour to the world.
The biggest blow for the ink industry has been the decline in the printing industry due to the closure of newspaper printing, the rise of e-books and advertisers increasingly using other media to reach consumers. However, this decline has made way for increased usage of digital inks. All this and much more is part of our ‘Sector View,’ as we look at how the Inks & Dyes industry is shaping up in the future.
In our ‘Expert Viewpoint’ section, read views of Sun Chemical as Roy Bjorlin, director, global commercial & strategic initiatives, electronics materials, speaks about various aspects driving the growth of the Electronic Chemicals business.
Other than the Inks & Dyes, glance through our ‘Feature Story’ on Glass & Ceramics, where we reflect the trends in the society. Some of the latest concepts such as new patterns and nature emulating tiles are being majorly accepted by customers globally. Do read what RAK Ceramics has to say about how the industry has evolved, as we speak to the CEO Abdallah Massaad, in our ‘Expert Viewpoint’ section.
For our ‘Logistics Insight,’ know what Accenture has to say about digital supply chain planning for the chemical industry. The IT major gives six capabilities that will prove to be a winning proposition for the industry.
Moving towards research, many times Academic Research provides a simple solution to solving global environmental concerns, for instance, oil spills. See how a team of researchers - Dr Justin Weibel, Dr Xuemei Chen and Dr Suresh Garimella from Purdue University, are researching the use of sponge material to tackle major oil spills, in our ‘Academic Speak’ section.
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Read More: The world will soon get a fresh coat of colour on it!
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