Global Azo Pigments Market Latest Update’s Report 2022Posted by sandeep gade on August 29th, 2022 The global azo pigments market is expected to witness a CAGR of 4.1% and be valued at US$ 2.3 Bn by 2031, as per the latest industry analysis by Persistence Market Research. Increase in regulations imposed on the use of harmful synthetic chemicals across the globe is expected to emerge as a key factor bolstering the sales of azo pigments. With rising awareness about environment protection, a giant shift toward organic products has been detected over recent years. Also, plastic production is also increasing at a rapid pace. Consistent growth in demand for plastics is driving the sales of pigments for plastic coloring. However, high production cost associated with azo pigments elevates product pricing. Presence of cheaper alternatives will hamper overall market growth, especially in emerging markets with governmental regulations, such as India, Brazil, Egypt, and others. However, market players are launching innovative products to stay ahead of the competition, such as: In 2021, Sun Chemical, a fully owned subsidiary of DIC Corporation, announced the launch of two new cosmetic effect pigments that are based on an innovative patent-pending process. Request For Free Sample Report of Azo Pigments Market @ https://www.persistencemarketresearch.com/samples/22864 Key Takeaways from Market Study
“Increasing stringent regulations on the use and production of conventional pigments are set to demand for azo pigments over the coming years,” says a Persistence Market Research analyst. For critical insights on this market, request for customization here@ https://www.persistencemarketresearch.com/request-customization/22864 Competitive Landscape The global market for azo pigments has been identified as a fairly fragmented space due to the presence of small-scale and domestic azo pigment manufacturers active across regions. In addition, demand for custom or need-specific product formulations will also increase competition in the near course of time in this market space. According to the market research analysis, BASF SE, Clariant International, Pidilite Industries Ltd, Lanxess AG, Jiangsu Yabang Pigment Co., Ltd, Sincol Corporation, Sudarshan Chemical Industries Limited, Ferro Corporation, DIC Corporation, Jeco Pigment USA Inc., Tah Kong Chemical Industrial Corporation, Crown Color Technology Co., Ltd, Dimacolor Industry Group Co., Ltd, Trust Chem Co. Ltd., Cathay Industries, Alliance Organics LLP, Heubach Colour Pvt. Ltd, Toyo Ink SC Holdings Co., Ltd, Royal Talens B.V., Flint Group, Apollo Colors Inc, Changzhou Longyu Pigment Chemical Co., Ltd, Wellton Chemical Co., Ltd, and Jiangsu Yabang Pigment Co., Ltd are identified as key manufacturers of azo pigments. More Valuable Insights Available Persistence Market Research, a research and consulting firm, has published a new market research report on the global azo pigments market that contains industry analysis of 2016–2020 and opportunity assessment for 2021–2031. The report provides in-depth analysis of the market through different segments, namely, product type, application, solubility, and region. The report also provides supply and demand trends along with an overview of the parent market. Buy The Complete Report to read the analysed strategies adopted by the top vendors either to retain or gain market share@ https://www.persistencemarketresearch.com/checkout/22864 About Us Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. Persistence Market Research boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. Contact Us: Persistence Market Research Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States U.S. Ph. – +1-646-568-7751 USA-Canada Toll-free – +1 800-961-0353 Like it? Share it! More by this author |