Analysts at Ken Research in their
latest publication “Global Pigments Market Outlook to 2022 - By
Organic Pigment (Azo, Phthalocyanine & HPP) and Inorganic
Pigment (Titanium Dioxide, Iron Oxide, Chrome Based and Others) and By End
Users (Paint & Coatings, Plastics, Printing Ink, Construction and Others)”
believe that the growth in the end user industries like FMCG, automobile as
well as construction industry will augment the demand for in packaging
industry, industrial plastic & paints and decorative paints & coatings
respectively. These industries will further instill growth in the pigment
industry on a global level.
The decreasing
use pigments based on toxic metals coupled with the rising popularity of HPP
pigments in applications across variety of industries has led to the latest
innovations in the pigment industry. The demand of pigments from paints &
coatings, plastic and printing ink industry has been the primary growth factor
of the global dyes market.
In recent years the global pigment
market has become highly consolidated with majority of the market share
controlled by only a handful of players. The market is largely dominated by
inorganic pigments. Inorganic pigment market is further dominated by Titanium
Dioxide (TiO2) pigment. Inorganic pigments based on metals like
mercury, cadmium and lead have witnessed decrease in their use as they have
toxic effect on human health and are being gradually replaced with pigments
having better properties and are safe for humans as well as the environment. The
introduction of REACH regulations by the EU has on a global level changed the
entire approach of pigment manufacturing and their applications. Introduction
of regulations like REACH and tightening of environmental policies in countries
like China have propelled the pigment manufacturers towards developing pigments
with lesser environmental impact. China, India and other Asia Pacific countries
have become the heart of the industry and manufacturers based in US and
European countries are looking towards APAC to manufacture as well as sell
their products. The local demand of pigments from end user industries like
paints & coatings, plastic and printing ink is attracting global
manufacturers towards developing countries.
Global leaders of the pigment
manufacturing industry like Tronox, BASF, DIC Corporation, Clariant, Meghmani
Organics, Sudarshan Chemicals, JECO Group Ltd, Lomon Billions, Lilly Group are gradually
expanding their production capacities through acquisitions/ setting up new
plant or expanding the existing capacity, in order to maintain their dominance
in the market. Almost all the major companies in the global market are adopting
the backward integration process in order to stay ahead of their competition. The
price competition is intense in markets like China, India and Brazil while the
major competition parameter in North American and European countries is quality
of the pigment.
Keywords
Global Pigments Value Chain
Global Pigments Market
Organic Pigment Sales World
World
Organic Pigment Market
China Pigments Market
India Pigments Market
US Pigments Market
Brazil Pigments Market
Germany Pigments Market
UK Pigments Market
Global Titanium Dioxide Market
Global Chromium Dioxide Market
Global Organic Pigment Revenue
World Phthalocyanine pigment market
Global Azo pigment market
HPP pigment market
Largest titanium dioxide market
Titanium dioxide production
Lanxess Market Share Pigment
Clariant Market Share Pigment
BASF Sales Pigment
Comparative Global Pigments
Global Pigments Manufacturers
Major Players Global Pigments
Trends Global Organic Pigments
Trade Scenario in Global Pigments
Paint Coating Pigment Market Global
Printing Ink Pigment Market
By Type of Pigment
By Inorganic
Pigments (Titanium Dioxide, Iron Oxide, Chrome Based and Others)
Organic Pigments
(Azo, Phthalocyanine & HPP)
By Type of Market Structure
Organized Market
Unorganized Market
By Type of End User Application
Paints &
Coatings
Plastics
Construction
Printing Inks
Others
By Region
APAC
Americas
Europe
Rest of the World
Key Target Audience
Pigment
Manufacturers
Pigment
Intermediaries Manufacturers
Major Importers and
Exporters of Pigment
Private Equity
Ventures
Time Period Captured in the Report:
2012-2017 – Historical Period
2017-2022 – Future Forecast
Pigment Manufacturing Companies:
DIC Corporation, Clariant,
Meghmani Organics, Sudarshan Chemicals, JECO Group Ltd, Lomon Billions, Lilly
Group, BASF, and Tronox
To know more,
click on the link below:
Related Report :-
Contact Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
