Innovations in the Paint, Plastic and Printing Ink Industry Has Led to the Development of Pigments with Enhanced Properties and Smaller Environmental Footprint: Ken Research

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Analysts at Ken Research in their latest publication Global Pigments Market Outlook to 2022 – By Organic Pigment (Azo, Phthalocyanine & HPP) and Inorganic Pigment (Titanium Dioxide, Iron Oxide, Chrome Based and Others) and By End Users (Paint & Coatings, Plastics, Printing Ink, Construction and Others) believe that the growth in the end user industries like FMCG, automobile as well as construction industry will augment the demand for in packaging industry, industrial plastic & paints and decorative paints & coatings respectively. These industries will further instill growth in the pigment industry on a global level.

The decreasing use pigments based on toxic metals coupled with the rising popularity of HPP pigments in applications across variety of industries has led to the latest innovations in the pigment industry. The demand of pigments from paints & coatings, plastic and printing ink industry has been the primary growth factor of the global dyes market.

In recent years the global pigment market has become highly consolidated with majority of the market share controlled by only a handful of players. The market is largely dominated by inorganic pigments. Inorganic pigment market is further dominated by Titanium Dioxide (TiO2) pigment. Inorganic pigments based on metals like mercury, cadmium and lead have witnessed decrease in their use as they have toxic effect on human health and are being gradually replaced with pigments having better properties and are safe for humans as well as the environment. The introduction of REACH regulations by the EU has on a global level changed the entire approach of pigment manufacturing and their applications. Introduction of regulations like REACH and tightening of environmental policies in countries like China have propelled the pigment manufacturers towards developing pigments with lesser environmental impact. China, India and other Asia Pacific countries have become the heart of the industry and manufacturers based in US and European countries are looking towards APAC to manufacture as well as sell their products. The local demand of pigments from end user industries like paints & coatings, plastic and printing ink is attracting global manufacturers towards developing countries.

Global leaders of the pigment manufacturing industry like Tronox, BASF, DIC Corporation, Clariant, Meghmani Organics, Sudarshan Chemicals, JECO Group Ltd, Lomon Billions, Lilly Group are gradually expanding their production capacities through acquisitions/ setting up new plant or expanding the existing capacity, in order to maintain their dominance in the market. Almost all the major companies in the global market are adopting the backward integration process in order to stay ahead of their competition. The price competition is intense in markets like China, India and Brazil while the major competition parameter in North American and European countries is quality of the pigment.

Keywords

Global Pigments Value Chain

Global Pigments Market

Organic Pigment Sales World

World Organic Pigment Market

China Pigments Market

India Pigments Market

US Pigments Market

Brazil Pigments Market

Germany Pigments Market

UK Pigments Market

Global Titanium Dioxide Market

Global Chromium Dioxide Market

Global Organic Pigment Revenue

World Phthalocyanine pigment market

Global Azo pigment market

HPP pigment market

Largest titanium dioxide market

Titanium dioxide production

Lanxess Market Share Pigment

Clariant Market Share Pigment

BASF Sales Pigment

Comparative Global Pigments

Global Pigments Manufacturers

Major Players Global Pigments

Trends Global Organic Pigments

Trade Scenario in Global Pigments

Paint Coating Pigment Market Global

Printing Ink Pigment Market

By Type of Pigment

By Inorganic Pigments (Titanium Dioxide, Iron Oxide, Chrome Based and Others)

Organic Pigments (Azo, Phthalocyanine & HPP)

By Type of Market Structure

Organized Market

Unorganized Market

By Type of End User Application

Paints & Coatings

Plastics

Construction

Printing Inks

Others

By Region

APAC

Americas

Europe

Rest of the World

Key Target Audience

Pigment Manufacturers

Pigment Intermediaries Manufacturers

Major Importers and Exporters of Pigment

Private Equity Ventures

Time Period Captured in the Report:

2012-2017 – Historical Period

2017-2022 – Future Forecast

Pigment Manufacturing Companies:

DIC Corporation, Clariant, Meghmani Organics, Sudarshan Chemicals, JECO Group Ltd, Lomon Billions, Lilly Group, BASF, and Tronox

To know more, click on the link below:

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-pigments-market/157431-101.html

Related Report :-

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/china-organic-pigments-market/152236-101.html

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/china-dyes-market/151501-101.html

https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-dyes-market/149540-101.html

Contact Us:

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

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