Product Code: CMI6134
The Global Solvent Red Market size was valued at US$ 2.18 Bn in 2023 and is projected to reach US$ 2.85 Bn by 2030, growing at a CAGR of 3.9% from 2023 to 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 2.18 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
3.90% |
2030 Value Projection: |
US$ 2.85 Bn |
Figure 1. Global Solvent Red Market Share (%), by Region, 2023

These dyes are commonly used in various industries, such as plastics, inks, and textiles, to impart a red color to the products. The solubility of solvent red dyes in organic solvents makes them particularly suitable for applications where water-based dyes are not feasible. The use of solvent red dyes allows for vibrant and long-lasting red hues in products that require coloration using organic solvents.
Market Dynamics:
The increasing demand for solvent red in various industries can be attributed to its versatile applications. Solvent red dyes are commonly used in the production of inks, plastics, and various industrial products. The vibrant and stable color properties of solvent red make it a popular choice for coloring a wide range of materials. Additionally, its solubility in organic solvents further enhances its utility in different industrial processes. As industries continue to innovate and expand, the demand for solvent red is likely to rise, driven by its crucial role in providing coloration and functionality to a diverse array of products. This are the major factors expected to drive growth of the global solvent red market during the forecast period.
However, the global solvent red market is indeed facing challenges due to stricter environmental regulations, growing demand for eco-friendly alternatives, and volatility in raw material prices. These factors are compelling the industry to seek sustainable solutions and adapt to changing market dynamics.
Stricter environmental regulations are prompting the solvent red market to shift towards eco-friendly alternatives.
Key features of the study:
- This report provides in-depth analysis of the global solvent red market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global solvent red market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Clariant International Ltd., BASF SE, Huntsman Corporation, Lanxess AG, Dow Chemical Company, Arkema Group, DIC Corporation, Sudarshan Chemical Industries Limited, Asahi Kasei Corporation, Meghmani Organics Limited
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global solvent red market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global solvent red market
Solvent Red Market Detailed Segmentation:
- By Demographic:
- Consumers
- Industrial
- Commercial
- By Psychographic:
- Traditionalists
- Modernists
- Individualists
- By Behavioral:
- Heavy users
- Medium users
- Light users
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle east and Africa
- Company Profiles:
- Clariant International Ltd.
- BASF SE
- Huntsman Corporation
- Lanxess AG
- Dow Chemical Company
- Arkema Group
- DIC Corporation
- Sudarshan Chemical Industries Limited
- Asahi Kasei Corporation
- Meghmani Organics Limited
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Solvent Red Market , By Demographic
- Solvent Red Market , By Psychographic
- Solvent Red Market , By Behavioral
- Solvent Red Market , By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increasing demand from industries like printing inks, paints and coatings, plastics, and automotive
- Stricter environmental regulations, increasing demand for eco-friendly alternatives
- Expanding applications in the packaging sector
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Solvent Red Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Solvent Red Market, By Demographic, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Consumers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Industrial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Commercial
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
6. Global Solvent Red Market, By Psychographic, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Traditionalists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Modernists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Individualists
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
7. Global Solvent Red Market, By Behavioral, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Heavy users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Medium users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
- Light users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2019-2030,(US$ Bn)
8. Global Solvent Red Market, By Region, 2023-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Demographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Psychographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Behavioral, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019-2030,(US$ Bn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Demographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Psychographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Behavioral, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2030, (US$ Bn)
- Germany
- U.K
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Demographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Psychographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Behavioral, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2030, (US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Demographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Psychographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Behavioral, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2030, (US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Demographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Psychographic, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Behavioral, 2019-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2019 - 2030, (US$ Bn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
9. Competitive Landscape
- Clariant International Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- BASF SE
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Huntsman Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Lanxess AG
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Dow Chemical Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Arkema Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- DIC Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Sudarshan Chemical Industries Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Asahi Kasei Corporation
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Meghmani Organics Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us