Pigments Market Growth, Upcoming Challenges and Future Forecast 2019-2027
MARKET INTRODUCTION
Pigments are finely ground solid particles mixed with oil, water-based paints, printing inks, and plastics. Due to the wavelength-selective absorption, the pigments change the color of reflected or transmitted light. The components used as pigments have specific properties that make them useful for coloring other materials. Pigments must have a high tinting strength relative to the materials it colors and is stable in solid form at ambient temperatures.
Pigments are finely ground solid particles mixed with oil, water-based paints, printing inks, and plastics. Due to the wavelength-selective absorption, the pigments change the color of reflected or transmitted light. The components used as pigments have specific properties that make them useful for coloring other materials. Pigments must have a high tinting strength relative to the materials it colors and is stable in solid form at ambient temperatures.
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MARKET DYNAMICS
The pigments market is primarily driven by factors like increasing opportunities from the end-user industries and rising demand for high-performance pigments. Moreover, the expansion of production capacity and industries in developed and developing countries provides a possible environment for the growth of the market. Huge demand from the Asia Pacific region coupled with a surge in production and consumption of plastics globally further boost the markets. However, fluctuating raw material prices and environmental concern are the significant factors anticipated to hamper the growth of the market. One of the major trend to be followed by the market is the increasing demand for eco-friendly products from various industries which also provides an opportunity for new and established players in the market.
The pigments market is primarily driven by factors like increasing opportunities from the end-user industries and rising demand for high-performance pigments. Moreover, the expansion of production capacity and industries in developed and developing countries provides a possible environment for the growth of the market. Huge demand from the Asia Pacific region coupled with a surge in production and consumption of plastics globally further boost the markets. However, fluctuating raw material prices and environmental concern are the significant factors anticipated to hamper the growth of the market. One of the major trend to be followed by the market is the increasing demand for eco-friendly products from various industries which also provides an opportunity for new and established players in the market.
MARKET SCOPE
The "Global Pigments Market Analysis to 2027" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pigments market with detailed market segmentation by type, color, application and geography. The global pigments market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pigments market players and offers key trends and opportunities in the market.
The "Global Pigments Market Analysis to 2027" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pigments market with detailed market segmentation by type, color, application and geography. The global pigments market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pigments market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pigments market is segmented on the basis of type, color, and application. On the basis of type, the pigments market is segmented into organic pigments and inorganic pigments. The organic pigments segment is further bifurcated into azo pigments, phthalocyanine pigments, quinacridone pigments, and high performance. Likewise, the inorganic pigments are further classified into iron oxide, carbon black, titanium dioxide, cadmium pigments, and chromium oxide. The pigments market on the basis of color is classified into red, yellow, orange, brown, phthalocyanine blue and green. Based on application, the pigments market is segmented into paints & coatings, plastics, constructions, paper & specialty, printing inks and others.
The global pigments market is segmented on the basis of type, color, and application. On the basis of type, the pigments market is segmented into organic pigments and inorganic pigments. The organic pigments segment is further bifurcated into azo pigments, phthalocyanine pigments, quinacridone pigments, and high performance. Likewise, the inorganic pigments are further classified into iron oxide, carbon black, titanium dioxide, cadmium pigments, and chromium oxide. The pigments market on the basis of color is classified into red, yellow, orange, brown, phthalocyanine blue and green. Based on application, the pigments market is segmented into paints & coatings, plastics, constructions, paper & specialty, printing inks and others.
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REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pigments market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pigments market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pigments market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pigments market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pigments market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pigments in these regions.
MARKET PLAYERS
The reports cover key developments in the pigments market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pigments market are anticipated to lucrative growth opportunities in the future with the rising demand for pigments in the global market. Below mentioned is the list of few companies engaged in the pigments market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pigments market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
The reports cover key developments in the pigments market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from pigments market are anticipated to lucrative growth opportunities in the future with the rising demand for pigments in the global market. Below mentioned is the list of few companies engaged in the pigments market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pigments market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- Cabot Corporation
- Clariant
- DIC CORPORATION
- E. I. du Pont de Nemours and Company
- Flint Group
- Heubach GmbH
- Huntsman International LLC
- KRONOS Worldwide, Inc.
- LANXESS
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