Colorants are pigments and dyes which are used to produce various colorant forms such as color concentrates, masterbatches, pigment dispersions, pigment preparations, and so on. These modify or impart color to the substrates. They possess the ability of selective wavelength absorption and hence change the color of reflected light or transmitted light. The colorant types considered for this research include, dyes, pigments, masterbatches and color concentrates. 1. Micromarkets are the subsegments of the Colorants market included in the report. 2. Core competencies of the companies are determined in terms of their key developments, and key strategies adopted by them to sustain in the market.