Global Agricultural Dyes Market Is Valued At 406 Million USD In 2017
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Agricultural dyes is mainly used in the fields of seeds, fertilizers, etc. For agricultural production. Seed treatment is the major application. Such as wheat, corn, soybean and others. Meanwhile, there are many types’ agricultural dyes, for dyed fertilizers, it is easy for farmers to judge the concentration of fertilizer by the depth of color after dilution. It is currently being widely used. Data showed, it will become the main field of consumption.
Agricultural Dyes are mainly produced in North America, Europe. In 2017, North America is the largest production region, with a production share of 44%. North America and Europe are separately produced 8.6 K MT and 6.7 K MT in 2017. China production is 1.7 K MT, with a share of 8.7%.
In global market, there are a few of manufacturers producing Agricultural Dyes. They usually purchase raw material from other chemical companies. While in North America and Europe, manufacturers mostly produce raw materials by themselves. As for downstream application, in North America and Europe, Agricultural Dyes producers also produced seed coating agent with their own products. Most manufacturers in North America and Europe have formed a complete industrial chain, from raw material supply to downstream consumption.
Agricultural Dyes industry concentration is high. The main downstream applications are mastered by international giants. Especially in the field of seeds, downstream demand for it has been increasing from 2013 to 2017. In 2013, global consumption was about 16.6 K MT. By 2018, it predicts that global consumption will be 20.5 K MT, with an average increase rate of 3.5% from 2013 to 2018.
In the future, it predicts that global production will continue to increase. By 2024, it may be 26.2 K MT. In the entire agricultural colorant market, although pigments crowd out part of the market for dyes. but the research team believes that this is still a market with great potential.