Global Pigments Market
Posted by Ganesh Mane on April 29th, 2021
Global Pigments Market was valued US.5 Bn in 2019 and is anticipated to reach approximately US$XX Bn by 2026 at a CAGR of about XX % during a forecast.
The report on “Pigments Market “segmented by type, by application and by region. Based on type pigment market is divided into specialty, Inorganic, Organic. Textile, Paints & Coatings, Plastic and other are application segments of pigment market. Geographically into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Rise in construction activities has increased need for long-lasting pigments that can fight harsh weather. Paint & coatings industry is major end user of pigment. Growing need for protection of buildings from dampness, fungi, and corrosion is also boosting the pigments market. Increase in the consumer demand for plastic-based products in developing economies will further augment the growth of market. Printing inks is anticipated to be an attractive end-user segment in the forecast, due to rise in the demand for inkjet printing and laser printing. Safety norms regarding inorganic pigment may hinder the market.
The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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Inorganic dominated the global pigments market in 2017. Specialty pigments will gain growth during the forecast period. In forecast specialty pigment will be replacing inorganic and organic pigment attributed to its unique properties such as metallic tones and other special effects such as color-shifting. Organic pigment will gain growth owed to its plant based formulation.
Paints & coating is leading application segment of pigments market. Paint & coating industry to grow at robust rate will ask for increased pigment. Construction is second largest application segment attributed to urbanization and increased infrastructure renovation activities. Plastic is third most leading application segment followed by paper, textile and leather.
Asia Pacific holds 40 % share of pigment market followed by Europe. Increasing industrialization and urbanization in Asia Pacific region has resulted into enhanced demand of pigment. Increased infrastructure modification activities and robust growth of end user industry. In Europe inorganic pigments are more in demand. North America will show a moderate growth during a forcast.
Qingdao Zhongren Zhiye Biotechnology Co., Ltd., Canon Kabushiki Kaisha, The Chemours Company, CRISTAL, Tronox Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Gharda Chemicals Limited, Sudarshan Chemical Industries Limited, and Altana AG. DIC Corporation are keyplayers of pigment market.
The objective of the report is to present comprehensive analysis of Global Pigments Market for automotive including all the stakeholders of the industry. The past and current status of the industry with forecasted Market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes Market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the Market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding Global Pigments Market for automotive dynamics, structure by analyzing the Market segments, and project the Global Pigments Market for automotive size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Pigments Market for automotive the report investor’s guide.
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Scope of the Global Pigments Market: Inquire before buying
Global Pigments Market, by type
• Specialty pigments
• North America
• Qingdao Zhongren Zhiye Biotechnology Co., Ltd.
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About the AuthorGanesh Mane
Joined: January 27th, 2021
Articles Posted: 125
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