Pigments Market Capacity, Production, Revenue, Price and Gross Margin, Industry Analysis and Forecast Till 2025
Pigments Market report 2017-2025 focuses on the major drivers and restraints for the key players. These research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Pigments market research report is a professional and in-depth study on the current state of Pigments Industry.
Pigments are organic or inorganic colored compounds commonly used as coloring agents. Some of the properties of pigments are good weather and light fastness, baking stability, tinting strength, solvent resistance, easily dispersible, and uniqueness and consistency in color. These pigments are important components in printing inks, plastics, paints and coatings, ceramics and glass, synthetic fibers, building materials, personal care products, agriculture, pharmaceuticals, and cosmetic products.
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Increasing use of pigments in paints and coatings, plastics, printing inks, and other applications is driving growth of the global pigments market. Development of high performance pigments with improved fastness, and coloristic and dispersion properties is driving use of pigments in various applications such as non-impact printing, outdoor signage, and packaging. The use of pigments for non–coloring applications such as iron oxide pigments in lithium-ion batteries for cathode generation is also fueling growth of the pigments market.
Stringent regulations by various governments such as Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) by the European Union on the use of harmful pigments and volatile raw material prices are major restraints to growth of the global pigments market.
Inorganic pigments was the dominant segment in 2016 due to various properties of inorganic pigments such as high opacity, antistatic, flame retardant, UV stabilization, anti-block, and heat stabilization and it is also lower in cost. Titanium dioxide is the largest revenue contributor among inorganic pigments towards the global pigments market, owing to its use as white extender to lower cost or improve properties. Carbon black pigment is commonly used to give black color in printing inks, while iron oxide earth pigments can yield siennas, ochres, and umbers, which are used in various industries such as construction. Organic pigments is the fastest growing segment owing to increasing demand for environment friendly pigments and disadvantages of inorganic pigments such as low tinting strength and less bright color as compared to organic pigments. Increasing demand for organic pigments in applications such as optical data storage, photo-reprographics, and opto-electronic display is also propelling growth of organic pigments segment.
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Paints and coatings are widely used for various applications such as corrosion resistance, scratching resistance, and enhancing aesthetic appeal. Increasing demand for pigments from construction, automotive, marine, aerospace, packaging, and other industries coupled with developments in technologies such as nano-coatings technology is driving growth of the pigment market. For instance, according to the International Organization of Motor Vehicle Manufacturer (OICA), the total registration or sales of new vehicles was 89,684,608 in 2015 and 93,856,388 in 2016. This growth in the automotive industry is fueling demand for pigments for paints and coatings.
The Pigments Market research report covers the present scenario and the growth prospects of the global Pigments industry for 2017-2025. The report enlists several important factors, starting from the basics to advanced market intelligence which play a crucial part in strategizing.
Pigments market report provides key statistics on the market status of the Pigments manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Pigments industry. The Pigments market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.
Key Vendors of Pigments Market:
Pigments market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Regions of Pigments market:
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In the end, the report makes some important proposals for a new project of Pigments Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2017-2025 global Pigments industry covering all important parameters.
Pigments Market drivers
Pigments Market challenges
Pigments Market emerging trends
Key questions answered in Pigments market report:
- What will the market size be in 2025 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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