The global dyes and pigments market size was valued at USD 33.2 billion in 2019 and is anticipated to progress at a revenue-based CAGR of 5 percent from 2020 to 2027. Increasing demand from various applications such as textiles, paints and coatings, construction, and plastics are expected to drive market growth. Manufacturers of dyes and pigments are actively venturing into enhancing their products by utilizing advanced technologies for efficient removal of environmental and hazardous pollutants during the manufacturing process.
Manufacturers of the products are likely to experience varied production costs due to volatility in the price of give more space between words channel in the market is achieved through both physical retail stores and online retailing. The availability of the product online has increased the consumer base for the companies and also witnesses higher reach which is anticipated to drive product demand.
“At Riverside the needs of the industries takes shape, under the camaraderie of diligent and accomplished professionals. Equipped with the most advanced technology, the production plant ensures the highest level of precision to every product that leaves the unit.
Our complete automated systems equipped with most recent technology machines, assures a cost-effective and smooth production process at all times with guaranteed grit and contamination free material which has < 20 PPM iron content.
A primary and secondary effluent treatment plants are possessed by Riverside which helps in treating water waste. Whereas Scrubber system aids in preventing air pollution caused by harmful gaseous waste”, states Vijay Mulchandani, Director of Riverside Industries.
Growth Story
Founded in 1987 the growth has been built upon meeting customer needs in cost effective manner. Riverside Industries Limited prides itself that superior quality and affordability are the pillars upon which it has built its success. Over the past 20 years it has invested heavily in the development of the state of the art environmentally friendly production facilities. Based in India these facilities enable it to meet the highest standard demanded by the stakeholders. The unit is an ultra modern manufacturing plant located at MIDC, Lote Parshuram on Mumbai-Goa highway, which is 260 KMS away from Mumbai, the commercial capital of India.
“Riverside Industries produced Pigment Green 7 has been tested and approved under the German DIN and VDI guidelines for PCDD/PCDF levels. Its vision of thinking globally and its commitment to customers’ needs are drivers that ensure it is at the forefront of research and development in its relentless pursuit of technological perfection in its chosen fields”, says the Director.
Equipped with the most advanced technology, our production plant ensures the highest level of precision to every product that leaves the unit
The Future Ahead
A massive expansion program completed in June 1997 saw the company entering the international market in a big way. Since then the company has grown by leaps and bounds and has made rapid and significant progress in ensuring that the products meet the stringent requirements of the domestic as well as international market. Riverside is one of the major producer of Phthalocyanine Pigments in its home market of India and is one of the leading exporters to Europe, USA, the Far East, South East Asia, GCC Countries, Middle East and Africa either directly or through Distributors.
“Our vision of thinking globally and the commitment to customers’ needs are drivers that ensure we are at the forefront of research and development”
“The Company has always strived to keep itself up to date with the latest technologies and has been able to register overall development in process and quality, which further establishes the credentials of the company as one of the leading manufacturers of Phthalocyanine Pigments”, concludes the Director.