DUBLIN--(BUSINESS WIRE)--The "Organic
Pigments Market by Type, Application, and Region - Global Forecast to
2023" report has been added to ResearchAndMarkets.com's
offering.
The organic pigments market size is estimated at USD 3.69 billion in 2018 and is projected to reach USD 4.67 billion by 2023, at a CAGR of 4.8% between 2018 and 2023.
The need for aesthetics in packaging has grown in recent years with the requirement for product differentiation arising from high competition. This is one of the major reason driving the market for organic pigments in printing inks used in packaging. In addition, the absence of heavy metals, which are considered to be a very harmful substance to human health, is also a major driver of the organic pigments market.
However, the high cost of organic pigment compared to inorganic pigments
limits its usage in applications where regulations are not stringent.
The
organic pigments market in the paints & coatings application is
projected to witness the highest growth due to the increasing demand for
decorative coatings, marine coatings, automotive coatings, and
industrial coatings. Automotive coating is the largest consumer of
organic pigments, followed by industrial and decorative coatings.
However, the use of organic pigments in decorative coatings is estimated
to witness the highest growth rate in the construction industry,
especially, in the developed and developing nations.
The HPPs
segment is expected to register the fastest-growth in the overall
organic pigments market. This high growth is attributed to their
superior properties such as lightfastness, heat stability, and
resistance to various chemicals, which make them suitable for
high-performance applications.
Key Topics Covered
1 Introduction
2
Research Methodology
3 Executive Summary
4 Premium
Insights
5 Market Overview
6 Organic Pigments
Market, By Type
7 Organic Pigments Market, By Application
8
Organic Pigments Market, By Region
9 Competitive Landscape
10
Company Profiles
- Apollo Colors Inc.
- Atul Chemical Ltd.
- BASF SE
- Cathay Industries
- Clariant AG
- DIC Corporation
- Dainichiseika Color & Chemicals Mfg. Co., Ltd.
- Dominion Colour Corporation
- Ferro Corporation
- Gharda Chemicals Ltd
- Heubach GmbH
- Sudarshan Chemical Industries Ltd.
- Toyocolor Co. Ltd.
- Trust Chem Co. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/ljvrcf/global_4_67_bn?w=4
