Pigments Market Research Depth Study, Analysis, Growth and Forecast 2029

Pigments Market  

Pigments Market was valued at US$ 22.9 Bn in 2022 and is expected to reach at US$ 34.5 Bn in 2029. Global Pigments Market size is expected to grow at a CAGR of 6.03 % through the forecast period.

Pigments Market Report Overview

The Pigments industry report is a combination of primary and secondary research methods. It includes a detailed analysis of global and regional Pigments Market size with market dynamics and regional insights makes the report an investor’s guide.

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Pigments Market Report Scope and Research Methodology

The objective of this report is to identify the opportunities, restraints, challenges, and drivers for the global Pigments market. The Maximize Market Research Analyst conducted surveys with Pigments companies, and the respondents were also asked about their competitors. Through secondary research, the analyst sourced a list of companies in the industry and provided a detailed examination of the macroeconomic and microeconomic factors that have shaped the Pigments industry dynamics. The report also offers a SWOT analysis, PESTLE analysis, and Porter’s five force analysis of key players and markets, which provides key insights into these companies’ strengths and weaknesses.

Pigments Market Regional Analysis

The report includes a detailed analysis of several key countries including Pigments market size, CAGR, drivers, restraints, opportunities, challenges and a detailed analysis of key players. The regions and the countries covered in the report are:

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC)
  • South America (Brazil)
  • The Middle East and Africa

Pigments Market Segmentation

Based on Type,

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 recognised as safe (GRAS) in the food packaging application, organic pigments are commonly utilised in printing inks. Metallic salts that have precipitated from liquids typically make up inorganic pigments. Throughout the projection period, speciality pigments will also expand in popularity. A speciality 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.

Based on the Application,

The main application sector for paints and coatings is anticipated to expand at the greatest CAGR throughout the forecast period. In order for the paint and coating sector to expand rapidly, more pigment will be needed. Due to urbanisation and a surge in infrastructure renovation operations, the construction industry is the second-largest application segment. Paper, textiles, and leather are the next three most popular application segments, followed by plastic. The printing inks, such as offset inks, decorative laminate inks, water-based packaging inks, solvent-based packaging inks, and published gravure inks, all contain colourants.

Based on Pigments Type,

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 coloured 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 tyres. This coloured 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.

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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
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
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

Key Questions answered in the Pigments Market Report are:

  • What is Pigments?
  • What was the Pigments Market size in 2022?
  • What will be the CAGR of the Pigments market during the forecast period?
  • Which region held the largest Pigments market share in 2022?
  • What are the factors driving the growth of the Pigments Market?
  • What factors are hampering the Pigments market growth?
  • Who are the Pigments key players in the industry?
  • What growth strategies are the players considering to increase their presence in Pigments Market?

Key offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis of segments and sub-segments
  • 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

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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