DUBLIN--(BUSINESS WIRE)--The "Pigment Dispersions Market by Pigment Type (Organic, Inorganic), Dispersion Type (Water-based, Solvent-based), Application (Paints & Coatings, Inks, Plastics), End-use industry (Building & Construction, Automotive) & Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The Pigment Dispersions Market Size is Estimated at USD 42.2 Billion in 2019 and is Projected to Reach USD 54.3 Billion by 2024.
The pigment dispersions market is projected to register a CAGR of 5.2%, in terms of value, between 2019 and 2024.
The growth of this market is attributed to the increasing investments in building & construction. There is increased demand for paints & coatings for infrastructural developments in the emerging countries of the APAC region such as China, India, Indonesia, South Korea, and others. However, stringent safety regulations related to the production of pigments are restraining the growth of the pigment dispersions market. Technological advancements in the manufacturing of pigment dispersions are, however, providing growth opportunities for pigment dispersions manufacturers.
Paints & coatings application to be the largest consumer of pigment dispersions.
The paints & coatings segment is the largest application of pigment dispersions in 2018. The most common use of pigment dispersions is in decorative paints in the building and construction industry and inks in the printing and packaging industry. They are also used in plastic, laminates, rubber, and glass applications.
APAC is projected to be the largest pigment dispersions market during the forecast period.The APAC pigment dispersions market is projected to register the highest CAGR during the forecast period. This growth is mainly driven by high demand in the building & construction industry. Rising population and growing end-use industries have led to innovation and development, making APAC an important industrial hub, globally. High growth and innovation, along with industry consolidations, are expected to lead to the rapid growth of the market in APAC.
The report profiles several leading players of the pigment dispersions market such as Clariant (Switzerland), BASF (Germany), DIC Corporation (Japan), Sudarshan Chemical (India), Chromaflo (US), Cabot Corporation (US), Heubach GmbH (Germany), Penn Color (US), Pidilite (India), and Sherwin-Williams (US).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Pigment Dispersions Market
4.2 Pigment Dispersions Market, By Dispersion Type
4.3 Pigment Dispersions Market, By Pigment Type
4.4 Pigment Dispersions Market in APAC, By End-Use Industry and Country
4.5 Pigment Dispersions Market, By Major Countries
5 Market Overview
5.2 Market Dynamics
22.214.171.124 Rising Demand for Paints and Coatings
126.96.36.199 Booming Construction Industry
188.8.131.52 Increasing Applications of Pigment Dispersions in Emerging Economies
184.108.40.206 Stringent Environmental Regulations
220.127.116.11 Volatility in Raw Material (Pigment) Prices
18.104.22.168 Increasing Demand for Organic Pigments
22.214.171.124 Growing Importance of Aesthetics in Packaging
126.96.36.199 Regulations Related to Recycling of Plastics
5.3 Porter's Five Force Analysis
6 Pigment Dispersions Market, By Dispersion Type
6.2 Water-Based Dispersions
6.2.1 Low Voc Property of Water-Based Dispersions is Fueling the Market Growth
6.3 Solvent-Based Dispersions
6.3.1 Consumption of Isocyanate is Likely to Decrease During the Forecast Period
7 Pigment Dispersions Market, By Pigment Type
7.2 Organic Pigments
7.2.1 Azo Pigments
188.8.131.52 Demand for Azo Pigments is Driven By Wide Use in Different Applications
7.2.2 Phthalocyanine Pigments
184.108.40.206 Paints & Coatings and Printing Inks are the Major Applications of Phthalocyanine Pigments
7.2.3 High-Performance Pigments
220.127.116.11 Excellent Lightfastness and Heat Stability Properties are Boosting the Demand for High-Performance Pigments
7.3 Inorganic Pigments
7.3.1 Titanium Dioxide
18.104.22.168 Low Cost of Titanium Dioxide is Fueling Its Market Growth
7.3.2 Iron Oxide
22.214.171.124 Rise in Infrastructure Developments Will Drive the Demand for Iron Oxide
7.3.3 Carbon Black
126.96.36.199 Carbon Black is the Most Widely Used Inorganic Pigment Dispersion in Rubber and Plastic Applications
8 Pigment Dispersions Market, By Application
8.2 Paints & Coatings
8.2.1 Automotive Coatings
188.8.131.52 Global Growth of the Automotive Industry is Expected to Boost the Demand for Pigment Dispersions
8.2.2 Decorative Coatings
184.108.40.206 Rapid Growth in the Residential Construction Industry is Augmenting the Market Growth
8.2.3 Industrial Coatings
220.127.116.11 Growing Industrialization is Positively Influencing the Pigment Dispersions Market Growth
8.3.1 Growing Digital Printing Industry is Driving the Market in the Inks Application Segment
8.4.1 Aesthetic Properties of Pigment Dispersions Have Increased the Demand in Plastics
9 Pigment Dispersions Market, By End-Use Industry
9.2 Building & Construction
9.2.1 Increasing Need for New Industrial and Commercial Building Construction is A Major Driver
9.3.1 Growing Demand for High-Performance Pigments in the Automotive Industry is Facilitating the Market Growth
9.4.1 Increasing Demand From Rigid and Flexible Packaging is Boosting the Market
9.5 Paper & Printing
9.5.1 Increasing Demand for Paper in Developing Countries is Driving the Market
9.6.1 Rapid Change in the Fashion Industry is Expected to Spur the Demand
10 Pigment Dispersions Market, By Region
- Archroma Management LLC
- Cabot Corporation
- Chromatech Inc.
- DIC Corporation
- Dowdupont Inc.
- Heubach GmbH
- Penn Color
- Rpm International Inc.
- Solvay S.A.
- Sudarshan Chemical
For more information about this report visit https://www.researchandmarkets.com/r/kvq9gd