Global Pigments Market, by Product Type, End-use industry, and Geography

Pigment is a chemical compound that reflects certain wavelengths of visible light. Organic and inorganic pigments are insoluble and are used in inks, paints, plastics, cosmetics, foods, fabrics, and other materials. Specialty pigments are widely used to impart metallic finishes for car bodies.

Increasing preference towards environment-friendly products and growing demand for high performance pigments owing to its wide application in plastics, coatings, and cosmetics products, is projected to fuel growth of the pigments market. Furthermore, growing paints and coating industry is expected to propel the market growth.

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Market Dynamics

Asia Pacific is expected to retain its dominance in the pigments market over the forecast period. This is mainly attributed to growing automotive and construction industries along with growing infrastructure development. For instance, according to International Trade Association, Department of Commerce, USA, the construction industry in China was valued at US$717.7 billion in 2016 and is estimated to reach US$1042.17 billion by 2021.  Europe is expected to exhibit significant growth in the global pigments market. Pigment manufacturers are developing new products and software such as color measurement and analysis software to meet increasing demand for colors for various applications. In 2016, BASF SE launched Paliotol organic pigment, for toys and food packaging, to cater to increasing demand from the plastic industry. This product has properties such as high color efficiency and high heat stability.

Key features of the study:

• This report provides in-depth analysis of 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 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, Cabot Corporation, Clariant International Ltd., DIC Corporation, ECKART GmbH, Ferro Corporation., Heubach GmbH, Huntsman Corporation, Lanxess AG, and The Shepherd Color Company.
• 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 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 pigments market

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