Global Pigment Dispersions Market Insight

The Pigment Dispersions is forecast to fast increase over the next few years.According to the WK-chem Research "Global Pigment Dispersions Professional Survey Report 2022, Forecast to 2027", Pigment Dispersion is a suspension of insoluble solid particles either in organic solvent or water. Pigment Dispersion particles play a significant role in determining the end properties of lacquers, paints or printing inks. The main functions of these dispersions are to resist chemical attacks, discoloration, weather, and harsh temperatures. The main applications are in the field of automobile, chemical and construction industries.?The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 3.7 % base on WK-chem Research regression analysis modl.

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Analysts’ Viewpoint:

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"COVID-19 has brought industry and manufacturing into an uncharted operating environment around the world. The market’s leading manufacturers should mitigate risk by paying particular attention to local management and targeting untapped market opportunities. Manufacturers are advised to actively invest in R&D activities to produce environmentally friendly synthetic pigments. So as to achieve the purpose of expanding market share." Said Lisa , Senior analyst, Chemical industry Market Research Center in WK-chem Research.

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Market insight:

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Colors play a significant role in consumer preferences, the rising trend of colored packaging to attract the customers in food and beverages industry is likely to increase the demand for pigment dispersions. Such colored packaging and prints are used in packing of cereals, chocloates, nuts, jams and jellies that need longer shelf life. Pigment dispersions are used in plastics, paper, and paperboard materials base. Thus, nudging the expansion of the global pigment dispersion market in coming few years. Most of the high-performance pigments, these days are made of environment-friendly substances and possess very minimal or no threat to the health and safety of human being. Hence, the use of high-performance organic pigments is increasing as they have higher lightfastness, fastness to chemical exposure, weather fastness, and heat stability than conventional pigments. They also possess high color fastness and insolubility. These superior properties make organic pigments suitable for applications, including automotive and decorative coatings, which require excellent light and weather fastness. The development of organic pigments for specific applications provides significant growth opportunities to the pigment dispersions manufacturers. The end users prefer products that have environment-friendly properties and are less harmful to health owing to the rising global concern on environment protection and regulations set by various government bodies worldwide.

Pigments such as metal oxide, mixed metal oxides, and metallic pigments, made from chromium, cadmium, lead, and mercury, need to be certified for use in various industries. Disposal of these heavy metals during the pigment manufacturing process leads to pollution. Several Chinese producers have faced challenges pertaining to inadequate treatment facilities and stringent government norms. These factors have led to the closure of significant chemical units. Companies have been striving to develop new products that adhere to the parameters laid down by the government. The regulatory framework has forced many companies to modify practices to avoid the risk of extreme penalties.

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Competition Landscape:

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This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Pigment Dispersions companies that include AArbor International Corp.; American Elements; Apollo Colors Inc.; Aralon Color GmbH; BASF SE; Clariant Ltd.; Decorative Color & Chemical, Inc.; Ferro Corporation; Flint Group; Heubach GmbH; Kama Pigments; Organic Dyes and Pigments; Reitech Corp.; Sun Chemical; Trust Chem Co., Ltd.; Sudarshan Chemical Industries Ltd.; Pidilite Industries Ltd.; Aum Farbenchem (India) Pvt. Ltd.; DyStar Singapore Pte. Ltd.; Solvay SA; PolyOne Corp.; Altana AG; Achitex Minerva S.p.A.; Heidelberger Druckmaschinen AG; Habich GmbH; Synthesia, A.S.

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Segmentation of Pigment Dispersions Market:

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On the basis of type, the global Pigment Dispersions market can be segmented into Water based, Solvent based. Solvent based pigment dispersions accounted for the largest share amongst other dispersion types in the pigment dispersions market. Solvent based pigment dispersions have a wide range of applications and exhibit beneficial properties. The key growth driver of the high consumption of these pigment dispersions is owing to their low surface tension, which makes the wetting of pigment particles easier. Solvent-based dispersions have various functional properties such as high print quality, fast-drying, and adhesion to many substrates. Solvent-based dispersions are mostly used in the printing and automotive industries. On the basis of application, the market is bifurcated into Building & Construction, Automotive, Packaging, Paper & Printing, Textile. Building & construction segment accounted for the largest market share amongst other end-use industry in the pigment dispersions market. In the building & construction industry, pigment dispersions are used in pavers, flooring, tiling, bridges, pipe & panels, and precast walls. Pigment dispersions provide heat stability, chemical inertness, weatherability, and lightfastness properties. In this industry, pigment dispersions are widely used in residential, commercial, industrial, and institutional buildings. Growing awareness and the booming business of interior decoration drive the use of pigment dispersions in interior designing.

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Pigment Dispersions Market: Regional Analysis

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In terms of geography, the Global Pigment Dispersions Market is classified into North America, Asia Pacific, Europe, Middle East & Africa, and?South America. Asia Pacific is the fastest-growing market for pigment dispersions. This growth can be largely attributed to the growing construction and manufacturing sector in developing economies, such as India, China, Indonesia, Malaysia, Thailand, Vietnam, and others in the region, where demand for industrial machineries, automobiles, textiles, and packaging materials as well as new building construction are growing rapidly. Furthermore, growth in population and growing urbanization are also driving the market and increasing pigment dispersions utilization. In addition, progress in industrialization, increasing demand due to changing demographics, and government initiatives are expected to attract business investments for industrial development are also driving the market for pigment dispersions in the region.

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Cagr: 3.7 %

Largest share area：Asia Pacific

Largest share country：China

Product Type：Water based, Solvent based

Application：Building & Construction, Automotive, Packaging, Paper & Printing, Textile

Leading Company：AArbor International Corp.; American Elements; Apollo Colors Inc.; Aralon Color GmbH; BASF SE

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