Pigments Market is anticipated to reach US$ 12.73 Bn by 2029 from US$ 10.60 Bn in 2023 at a CAGR of 2.65% during a forecast period.
Pigments Market Overview
The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive Pigments Market overview furnishes extensive information regarding Market size, trade statistics, prominent participants, and a range of Market indicators, encompassing aspects such as life cycle, prevailing trends, and more.
Pigments Market Report Scope and Research Methodology
The competitive landscape of the Pigments Market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the Pigments Market. The report employed a bottom-up approach to ascertain Pigments Market estimations and growth rates.
To gain insights into Pigments Market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the Pigments Market, including stakeholders, investors, and new entrants, are presented to facilitate the development of Marketing strategies and investment plans.
Both primary and secondary data gathering techniques were employed for the Pigments Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint Market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the Pigments Market.
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Pigments Market Regional Insights
The Pigments Market displays a comprehensive segmentation across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report’s Regional Analysis offers valuable insights into the Pigments Market across various countries. It encompasses a thorough assessment of multiple factors, encompassing Market size, growth rate, as well as import and export activities within these regions.
Pigments Market Segmentation:
by Type
Specialty pigments
1. Classic Organic
2. Metallic
3. High performance organic
4. Light Interference
5. Complex Inorganic
6. Fluorescent
7. Luminescent/phosphorescent
8. Thermochromic
9. Others
Inorganic
1. Titanium Dioxide
2. Iron Oxide
3. Carbon Black
4. Chromium Compounds
5. Others
Organic
1. Azo
2.Phthalocyanine
3. Quinacridone
4. Others
The market share for the segment of organic pigments is anticipated to increase the most in 2022. Due to laws and regulations like the FFDCA, the Code of Federal Regulations (CFR), and the generally recognized as safe (GRAS) in the food packaging application, organic pigments are commonly employed in printing inks. Metallic salts that have precipitated from liquids typically make up inorganic pigments. Throughout the projection period, specialty pigments will also expand in popularity. A specialized pigment’s distinctive qualities, such as metallic tones and other special effects like color-shifting, will cause it to replace inorganic and organic pigment in the future. Considering that organic pigment is made of plants, it will grow.
by Application
Paints & Coatings
Plastics
Constructions
Paper & Specialty
Printing Inks
Others
by Pigments Type
Titanium Dioxide
Carbon Black
Iron Oxides
Other Inorganic Pigments
Organic Pigments
The two most significant pigment types—titanium dioxide and iron oxide—are leading market expansion with the greatest CAGR during the anticipated timeframe. Sixty percent of the world’s need for pigments is satisfied by the white pigment titanium dioxide (TiO2), which is mostly used in paints and coatings. The most popular inorganic colored pigments are iron oxide pigments, which follow in second. It is followed by Carbon Black, which has a variety of purposes outside being a black pigment, such as filling rubber products like vehicle tires. This coloring carbon, also known as lamp black, is mostly used in printing inks, varnishes, and other inks, but it can also protect plastics from UV rays. azo pigments are organic pigments.
Pigments Market Key Players:
1.Qingdao Zhongren Zhiye Biotechnology Co., Ltd.
2. Canon Kabushiki Kaisha
3. DIC Corporation
4. Cobot Corporation
5. Clariant International Ltd.
6. Hefei Sunrise Pigments Co., Ltd
7. BASF SE
8. Lanxess AG
9. Merck Group
10. Clariant AG
11. Pidilite Industries Limited
12. Huntsman International LLC
13. Tronox, Inc.
14. Chemours Company
15. Altana AG
16. Chemours Company
17. CRISTAL
18. Ferro Corporation
19. KRONOS Worldwide Inc.
20. Sun Chemical Corporation
21. Cathay Industries Group
22. Heubach GmbH
23. Gharda Chemicals Limited
24. Sudarshan Chemical Industries Limited
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Key questions answered in the Pigments Market are:
- What is End-of-Line Packaging?
- What was the Pigments Market size in 2023?
- What is the growth rate of the Pigments Market?
- Which are the factors expected to drive the Pigments Market growth?
- What are the different segments of the Pigments Market?
- What are the factors restraining the growth of the Pigments Market?
- What is the demand pattern of the Pigments Market?
- What major challenges could the Pigments Market face in the future?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2023)
- Past Pricing and price curve by region (2018 to 2023)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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