Pigments Market by Type (Organic Pigments (AZO, Phthalocyanines, High Performance) & Inorganic Pigments (Iron Oxide, Carbon Black & Others), by Color (Red, Yellow, Orange, Brown, Phthalocyanine Blue and Green) - Global Trends & Forecast to 2020
The major driving factors of pigments market are growth in end user industries, rising demand for high performance pigments (HPP), and rising preference towards environment-friendly products. Pigments have a large number of applications ranging from paints & coatings, textile, construction, printing inks, and plastics. The paints & coatings industry is recording significant growth due to growing infrastructure. According to the industry estimates, the global demand for paints & coating is anticipated to grow at a CAGR of 5.4% during the next five years. Printing ink is another application of the pigments market. The demand for printing ink is driven by various factors such as technological developments and increasing demand for digital inks.
The factors restraining the growth of pigments market are raw material price volatility, its global over capacity, and environmental concerns. Some of the trends witnessed in pigments market are shifting of the manufacturing facilities from U.S. and Europe to India, China, and Taiwan and the rising preference towards eco-friendly products.
In the pigments market, Asia-Pacific accounts for the largest share. This region is one of the key markets for dyes and pigments production. In the Asia-Pacific, India and China are the important countries contributing towards the growth of pigments market.
This report studies and forecasts the pigments market till 2020. The pigments market is further segmented and estimated for significant regions such as North America, Europe, Asia–Pacific, and Rest of the World that include key growth regions such as China and India. Market estimations have been provided in terms of consumption volume (tons) and market revenue ($Million). The global as well as regional markets have been segmented for each product type by applications.
We have used various secondary sources such as Company’s Annual Reports, Organizational Websites, and Databases to identify and collect information useful for this extensive commercial study of dyes and pigments. The primary sources – selected experts from related industries and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects of pigments.
We have also profiled leading players of this industry with their recent developments and other strategic industry activities. Key participants in the global pigments market include Clariant International Ltd (Switzerland), BASF (Germany), Cabot Corp. (U.S.), CPS Color AG (Switzerland), DIC Corp. (Japan), E.I. Du Pont De Nemours & Co. (U.S.), ECKART GmbH (Germany), Flint Group (Luxembourg), Heubach GmbH (Germany), Huntsman Corporation (U.S.), Kronos Worldwide Inc. (U.S.), LANXESS AG (Germany), CRISTAL (Saudi Arabia), Rockwood Holdings Inc. (U.S.), Zhejiang Longsheng Group Co. Ltd (China), Sudarshan Chemicals (India), Tronox Ltd (U.S.)., The Shepherd Color Company (U.S.).
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Pigments market research report categorizes the global market for dyes and pigments on the basis of applications, product types, and geography; forecasting and analyzing trends in each of the sub markets.
On the basis of applications:
- Paints & Coatings
- Plastics
- Constructions
- Paper & Specialty
- Printing Inks
- Others
On the basis of product type:
- Organic Pigments : Azo, Phthalocyanines, High Performance
- Inorganic Pigments: Iron Oxide, Carbon Black and Others
On the basis of color index:
- Reds
- Phthalocyanine Blue and Greens
- Yellows
- Orange
- Red
- Brown
- Others
On the basis of geography:
- North America
- Europe
- Asia-Pacific
- ROW
Growth opportunities and latent adjacency in Pigments Market