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Global Lithol Rubine BK Market: Drivers, Restrains& Forecasts to 2028

Lithol Rubine BK is a reddish synthetic azo dye. It has the appearance of a red powder and magenta when printed. It is slightly soluble in hot water, insoluble in cold water, and insoluble in ethanol. When dissolved in dimethylformamide, its absorption maximum lies at about 442 nm. It is usually supplied as a calcium salt. It is prepared by azo coupling with 3-hydroxy-2-naphthoic acid. It is used to dye plastics, paints, printing inks, and for textile printing. It is normally used as a standard magenta in the three and four color printing processes. When used as a food dye, it has E number E180. It is used to color cheese rind as well as a component in some lip balms.

Due to the COVID-19 pandemic, the global Lithol Rubine BK market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Synthetic Lithol Rubine BK accounting for % of the Lithol Rubine BK global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Printing Inks & Dyes segment is altered to an % CAGR throughout this forecast period.

North America Lithol Rubine BK market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type

  • Synthetic Lithol Rubine BK
  • Organic Lithol Rubine BK

Segment by Application

  • Printing Inks & Dyes
  • Paints and Coatings
  • Plastics
  • Food and Beverage Additives
  • Cosmetics and Personal Care
  • Other

By Company

  • Shandong Hongrun Huagong
  • Zhejiang Shengda Charter Win Chemicals
  • Hangzhou Dimacolor
  • Shandong Yinxing
  • Dezhou Bige
  • Tianjin Daming Huaming Chemical

Production by Region

  • North America
  • Europe
  • China

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

 

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