Plastic Pigments Market Analysis 2020- Growth, Size, Overview, Price, Demand and

Posted by Mangesh Mahajan on March 16th, 2020

Key Players

• BASF SE
• Heubach GmbH
• Clariant
• Sudarshan Chemical Industries Limited
• DIC CORPORATION
• Atul Ltd
• Lanxess
• Mazda Colours Ltd.
• Tronox Limited
• The Chemours Company.
• Chemours

Segmentation Analysis

The Global Plastic Pigments Market has been segmented by type, application, and region.

Based on type, the market has been segmented into organic, inorganic, and specialty pigments. Organic pigments are further sub-divided into azo, phthalocyanine, and others. Inorganic pigments are further sub-divided into titanium dioxide, iron oxide, carbon black, chromium compounds, and others.

Based on application, the market has been segmented into packaging, automotive, building and construction, healthcare, consumer goods and others. Packaging has been further sub-segmented into food, medical, and others.

The Plastic Pigments market has been studied with respect to five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Regional Analysis

The Plastic Pigments Market Analysis has been segmented, by region, into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.

Asia-Pacific accounted for the majority share of the plastic pigments market in 2017; the regional market is likely to witness significant growth during the review period. This market growth can be attributed to the increasing demand for plastic pigments among the plastic producers and compounders in the region. Furthermore, flourishing growth of end-use industries such as packaging, building and construction, and automotive in the region is expected to offer substantial opportunities for plastic pigment manufacturers during the forecast period.

The market in North America is growing at healthy rate as a result of the growing automotive and construction industry in the region. The construction industry in the region is reviving after the economic crisis and more lightweight materials i.e., plastics are being adopted for various construction applications in the region owing to its lightweight properties and easy handling, which is expected to augment the plastic pigments demand in the region.

The market in Europe is expected to witness significant growth during the review period with the increasing demand for eco-friendly plastic coloring additives in the region. Also, stringent regulations for coloring additives in medical plastics in the region is expected to offer substantial opportunities for the plastic pigment manufacturers in the region.

The markets in Latin America and the Middle East & Africa are expected to grow as a result of the growing end-use industries such as packaging, construction, and healthcare. The packaging industry boom in Brazil and Argentina and the growing construction industry in the Middle East & Africa market is expected to add substantial market value during the forecast period.