Chemicals Industry Today
Global High Performance Pigment Market, by Type, Applications, and Geography - Trends and Forecast till 2025
High Performance Pigments (HPPs) are inorganic and organic pigments with excellent effectiveness that include superior ease of dispersion, high tinting strength, and other properties. These have broad range of applications such as printing ink for outdoor sinage, non-impact printing and packaging, automobile coatings, decorative coatings, industrial coatings, plastics, cosmetics and other applications.
Growing demand for coatings in various industries such as automobiles, marine, construction, and aerospace coupled with increasing requirement in plastic, textile, and cosmetic industry are major drivers for growth of the high performance pigments market. Increasing government regulations on the use of toxic products is driving growth of environment friendly high performance pigments such as organic high performance pigments which in turn is fuelling the growth of high performance pigments market. High manufacturing cost of HPPs is a major challenge to high performance pigment market.
Market Dynamics
Asia Pacific is the largest and fastest growing region in the global high performance pigments market. This is attributed to growth in various industries such as automotive, construction, and cosmetics. North America is projected to register significant growth in the high performance pigments market owing to significant demand for environment friendly pigments and highly effective pigments especially in the coatings industry.
Key features of the study:
- This report provides in-depth analysis of high performance pigments and provides market size (US$ Million), Kilotons (KT), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global high performance pigments market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BASF SE, Clariant AG, Huntsman Corporation, Lanxess AG, Solvay SA, Heubach GmbH, Sun Chemical Corporation, Ferro Corporation, Merck KGaA, and Synthesia A.S.
- Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
- The global High performance pigments market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the High Performance Pigments market
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