Showing posts with label Future Pigments in China. Show all posts
Showing posts with label Future Pigments in China. Show all posts

Wednesday, July 18, 2018

China Organic Pigments Market is expected to Reach USD 6.3 billion by 2022: Ken Research

China pigments market has witnessed a growing preference for organic and high performance pigments. The average production capacity of organic manufacturers is 1.8-2.5 million tons per household. From the perspective of production capacity, as of 2016, the production capacity of the top 15 companies has occupied more than half of China's organic pigment production capacity implying industry movement towards consolidation.
The market is dominated by low-grade and primary inorganic pigments. Among them, titanium dioxide and iron oxide account for the largest proportion, and they are used as environmental-friendly colored inorganic pigments.
China pigment market revenue is expected to increase on the back of growing end-user demand including paints & coatings, plastics, printing inks, construction and others. The inorganic pigments will continue to occupy the larger share in the overall revenue generated by China pigments market in 2022 driven by capacity expansion strategies implemented by major players and development of process technology to increase supply chain and distribution efficiency. For instance, Lomon Billions plans to undertake organic expansion by increasing its production capacity to 1.3 million tons by mid 2020. Within the organic pigments market, currrently azo pigments dominate the market but high-performance, environment-friendly organic pigments will witness greater demand in future. Compared with traditional azo organic pigments, high-performance organic pigments exhibit superior physical and chemical properties which not only have the advantage of brighter color than conventional azo pigments but also meet high-grade coatings, inks, plastics. The demand for higher performances in terms of light resistance, heat resistance, and solvent resistance has led to the development of organic pigments.
As the national environmental protection policy continues to tighten and competition between pigment companies intensifies, small businesses will find it hard to afford the resulting cost pressures, backwardness and small-scale production capacity and will gradually withdraw. The organized sector will be characterized by increasing adoption of technology, rise in prices, and increase production of high end pigments. Future technology trends include developments of organic nanopigment, refrigerant pigments, solid colour pigments, and high-performance bio-based pigments. The industry structure will be further optimized.
Despite the challenges, the development of pigment industry coupled with technology innovation, management, improvement in the ability to provide good conditions for the sustained growth will propel the market revenue. In addition, as people's living standards improve, domestic demand for automobiles will grow further. Therefore, the next few years the pigment industry sales will continue to maintain steady growth.
Key Topics Covered in the Report
Overview of Global Chemical Industry
Value Chain Analysis in China Pigments Market
Cross Comparison of China Pigments Market with India Pigments Market
China Pigments Market Size
China Pigments Market Segmentation by Market Structure, By Export and Domestic Sales, By Applications and By Product Type
Pricing Analysis in China Pigments Market
China Pigments Market Future Outlook and Projections
Comparative Landscape in China Pigments Market
Parameters for Competing in China Pigments Market
Cross Comparison of Major Players Operating in China Pigments Market
China Pigments Market Heat Map
Company Profiles of Major Players Operating in China Pigments Market
Mergers and Acquisitions in China Pigments Market
PESTEL Analysis in China Pigments Market
Trends and Developments in China Pigments Market
Trade Scenario in China Pigments Market
Regulatory Landscape in China Pigments Market
Analyst Recommendations
Products Covered:
Organic Pigments (Azo Yellow, Red, Blue, Orange; Phthalocyanine Blue and Green, HPP Red, Yellow and Orange)
Inorganic Pigments (Titanium Oxide, Iron Oxide, Chrome Oxide, Others)
By Applications (Paints & Coatings, Plastics, Printing Inks, Construction, Others)
Companies Covered:
JECO Group
Jufa Pigments
Lomon Billions
Penglai Xinguang Pigment Chemical
Lilly Group
CNNC Huayuan Titanium Dioxide
Yabang Pigments
Zhejiang Huayuan Pigment Co., Ltd.
Changzhou North American Chemical Group
Sunlour Pigment Co., Ltd.
Yippin Pigments
Jiangsu Taibai Group Co. Ltd
Longkou Union Chemical Company
Wenzhou Jinyuan Chemiclas Co., Ltd
Hunan Guani Pigment Co., Ltd
For More Information, Refer to the Link below:
Related Reports
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249