£1.4bn
£XXX.Xm
3,314
98
£XXX.Xm
The Dye and Pigment Manufacturing industry's revenue is set to contract at a compound annual rate of 0.4% over the five years through 2024-25 to £1.4 billion, owing mostly to a drop in revenue resulting from lower titanium dioxide prices. Titanium dioxide is an opaque white pigment used in many industries, from food colouring and cosmetics to aircraft coatings and most paint formulations. Titanium prices soared in 2022-23 when Russia (a major global exporter of titanium) invaded Ukraine, inflating revenue but slashing pigment manufacturers’ profit.
Industry revenue has declined at a CAGR of 0.4 % over the past five years, to reach an estimated £1.4bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2025 | Revenue (£m)
2025 |
---|---|---|
Venator Materials plc | 409.0 | |
Tronox Pigment UK Ltd | 309.9 | |
BASF plc | 106.4 |
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Industry revenue is measured across several distinct product and services lines, including Synthetic organic colouring matters, Natural dyes and Inorganic pigments. Synthetic organic colouring matters is the largest segment of the Dye & Pigment Manufacturing in the UK.
Titanium dioxide supports demand for inorganic pigments
Companies in this industry manufacture dyes and pigments from any source both in basic forms and as concentrates. The industry also includes companies that make products used as fluorescent brightening agents or to add luminescence.
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SIC 20.12 - Dye & Pigment Manufacturing in the UK
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Low manufacturing activity limits sales. Despite lower inflation and higher business confidence, manufacturing output remains low in 2024-25, limiting dye and pigment demand ...
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The North West's robust infrastructure gives manufacturers an edge. Existing chemical facilities, historical factories and well-connected ports create an ideal environment fo...
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Manufacturers zero in on their green efforts. Proactive dye and pigment makers that successfully minimise environmental harm can gain an edge with eco-conscious buyers.
Learn about the performance of the top companies in the industry.
Venator Materials leads through strategic acquisitions and cost cutting. The company's purchase of Tronox Ltd's European business and its successful cost-cutting efforts have...
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Dye manufacturers wrestle with stringent regulations. Working with risky chemicals, they must stick to the Environmental Permitting Regulations 2016 and UK REACH to safeguard...
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Dye and pigment manufacturers profit inches up. Soaring energy and gas prices, a result of Russia’s invasion of Ukraine that inflated the costs of chemical ingredients and ut...
Including values and annual change:
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Key data sources in the UK include:
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The market size of the Dye & Pigment Manufacturing in the UK industry in United Kingdom is £1.4bn in 2024.
There are 98 businesses in the Dye & Pigment Manufacturing in the UK industry in United Kingdom, which has grown at a CAGR of 4.7 % between 2019 and 2024.
The market size of the Dye & Pigment Manufacturing in the UK industry in United Kingdom has been declining at a CAGR of 0.4 % between 2019 and 2024.
Over the next five years, the Dye & Pigment Manufacturing in the UK industry in United Kingdom is expected to grow.
The biggest companies operating in the Dye & Pigment Manufacturing market in United Kingdom are Venator Materials plc, Tronox Pigment UK Ltd and BASF plc
Synthetic organic colouring matters and Natural dyes are part of the Dye & Pigment Manufacturing in the UK industry.
The company holding the most market share in United Kingdom is Venator Materials plc.
The level of competition is moderate and increasing in the Dye & Pigment Manufacturing in the UK industry in United Kingdom.