The pigment dispersion global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Pigment Dispersion Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The pigment dispersion market size has grown strongly in recent years. It will grow from $40.12 billion in 2023 to $43.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth in the printing and packaging industries, demand for vibrant and durable colors, expansion of the automotive and construction sectors, development of high-performance pigments, growth in paints and coatings applications..
The pigment dispersion market size is expected to see strong growth in the next few years. It will grow to $57.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to sustainable and eco-friendly pigment dispersions, growth in digital textile printing, expansion in food and cosmetics colorants, customized pigment dispersion solutions, demand for high-opacity and uv-resistant pigments.. Major trends in the forecast period include bio-based and natural pigment dispersions.
nanopigments for enhanced coloration.
regulatory compliance in pigment safety.
smart and color-changing pigments.
pigment dispersion for security and anti-counterfeiting.
personalized and on-demand color solutions..
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The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Market Drivers –
The rising demand for paints and coatings is expected to propel the growth of the pigment dispersion market going forward. Paints are a mixture of opaque pigments or powders in a liquid. Pigment dispersions are used to color many types of materials, such as paints and coatings or plastics, with applications in various fields, including decorative and industrial. For instance, according to the American Coatings Association, in 2021,In United States paint and coatings products exported for $2.1 billion. Therefore, the rising demand for paints and coatings is driving the growth of the pigment dispersion market.
Market Trends –
Major companies operating in the pigment dispersion market are innovating products, such as biobased pigment dispersions, to provide reliable services to customers. Biobased pigment dispersions are pigment preparations in which the dispersing medium or carrier is derived from renewable, natural sources such as plant-based materials. For instance, in November 2022, P2 Science Inc., a USA-based chemicals company, launched Citrosperse. Citrosperse consist of a range of biobased and patented pigment dispersions, which has high pigment loading and remarkable color intensity for use in cosmetics and personal care products. It is available in 10 colors, such as red iron oxide, yellow iron oxide, black iron oxide, titanium dioxide, yellow 5 lake, blue 1 lake, red 7 lake, red 6 lake, and black 2.
The pigment dispersion market covered in this report is segmented –
1) By Pigment Type: Organic Pigments, Inorganic Pigments
2) By Dispersion Type: Water-Based Dispersions, Solvent-Based Dispersions
4) By Industry Vertical: Chemical and Petrochemical, Oil and Gas, Energy and Power, Automotive, Food And Beverages, Healthcare, Other Industry Verticals
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Regional Insights –
Asia-Pacific was the largest region in the pigment dispersion market in 2023. Asia-Pacific is expected to be the fastest-growing region in the market. The regions covered in the pigment dispersion market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the pigment dispersion market include Achitex Minerva S.p.A., Altana AG, American Elements Corp., Apollo Colors Inc., Aralon Color GmbH, Aum Farbenchem Pvt. Ltd., Flint Group, Cabot Corporation, Croda International plc, Clariant AG, Decorative Color & Chemical Inc., DIC Corporation, Dunn-Edwards Corporation, DyStar Group, BASF SE, Sudarshan Chemical Industries Ltd., Heubach GmbH, Penn Colors Inc., Pidilite Industries Ltd., Lanxess Co., Evonik Industries AG, Huntsman International LLC, Solvay SA, Dow Inc., Croda International PLC., J.M. Huber Corporation, The Lubrizol Corporation, Akzo Nobel NV, Pharmacos, AArbor Colorants Corporation, Eckart GmbH
Table of Contents
1. Executive Summary
2. Pigment Dispersion Market Report Structure
3. Pigment Dispersion Market Trends And Strategies
4. Pigment Dispersion Market – Macro Economic Scenario
5. Pigment Dispersion Market Size And Growth
…..
27. Pigment Dispersion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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