Pigment Dispersion Market To Witness A Significant Growth Of USD 33.43 Billion By 2030Posted by Neha Bora on May 30th, 2023 San Francisco, 30 May 2023: The Report Pigment Dispersion Market Size, Share & Trend Analysis Report By Product (Inorganic Pigment, Organic Pigment), By Application (Plastics, Inks, Coatings, Others), By Region, And Segment Forecasts, 2023 - 2030 The global pigment dispersion market size is expected to reach USD 33.43 billion by 2030, according to a new report by Grand View Research, Inc., advancing at a CAGR of 4.3% during the forecast period. The demand for colored packaging material is rapidly expanding, as it plays an important role in product presentation along with influencing the buying behavior of consumers at the point of sales. As a result, the demand for pigments in packaging is projected to increase during the forecast period. Pigment dispersions and dyes are used in printing inks for printing texts, images, and designs on clothes, packaging labels, and others. Recent developments in digital printing including creasing, digital carton cutting, and other completion technologies are contributing to the increased potential for pigment dispersion in printing applications. Digital printing is used in various types of packaging such as corrugated packaging, flexible packaging, and folding cartons, which are experiencing growth trends and are anticipated to eventually drive the demand for pigment dispersion during the forecast period. Various paper, plastic, and paperboard materials are used based on their applications in food packaging. Foods such as breakfast cereals require multi-layer packaging to keep the product crisp throughout its shelf life. The exposure of food items to oxygen leads to oxidation and, in turn, results in food spoilage. Polyethylene is combined with paperboard, which acts as a barrier to oxygen and prevents the oxidation of food products. In addition to maintaining the freshness of food items, the attractive appearance of packaging is another challenge for food manufacturers. Colors play a major role in forming attractive packaging. Pigments that suit a wide array of plastic and paperboard materials as well as impart an attractive color are witnessing growth in demand. Access Research Report of Pigment Dispersion Market @ https://www.grandviewresearch.com/industry-analysis/pigment-dispersion-market Pigment Dispersion Market Report Highlights
List Of Key Players in Pigment Dispersion Market
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