The global dyes and pigments industry size was valued at USD 39.09 billion in 2021. The market is projected to grow from USD 40.71 billion in 2022 to USD 56.91 billion by 2029, exhibiting a CAGR of 4.9% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. Based on our analysis, the global market exhibited a decline of 4.0% in 2020 as compared to 2019.
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