Pigments Market – Analysis and Forecasts from 2015 to 2023 Pigments Market - Global Industry Analysis, Size,
Pigments Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015
- 2023
Pigments are compounds that impart colors by transmitting or reflecting absorbed
light of selected wavelengths. Besides coloration properties, pigments help to
improve several functional features such as hiding power, opacity, transparency,
light fastness, and durability. Pigments are widely employed in various end-users
industries such as paints & coatings, printing inks, plastics, construction materials,
personal care, and paper. Synthetic pigments are broadly classified into three major
product segments: inorganic, organic, and specialty pigments. Inorganic pigments
dominated the pigments market in the recent past. In terms of volume. Asia Pacific
accounted for the largest share of the pigments market in 2014, followed by North
America and Europe. Asia Pacific is expected to be the largest consumer of
pigments during the forecast period.
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The report estimates and forecasts the pigments market on the global, regional, and
country level. The study provides forecast between 2015 and 2023 based on
volume (kilo tons) and revenue (US$ Mn). The report comprises an exhaustive value
chain analysis for each of the product segments, which provides a comprehensive
view of the market. Value chain analysis also offers detailed information about value
addition at each stage. The study includes drivers and restraints for the pigments
market along with their impact on demand during the forecast period. The report
analyzes opportunities in the pigments market on the global and regional level.
Drivers, restraints, and opportunities mentioned in the report are justified through
quantitative and qualitative data. These have been verified through primary and
secondary resources.
The report includes Porter’s Five Forces Model to determine the degree of
competition in the pigments market. The report comprises a qualitative write-up on
market attractiveness analysis, wherein end-users and countries have been
analyzed based on attractiveness. Growth rate, market size, raw material
availability, profit margin, impact strength, technology, competition, and other
factors (such as environmental and legal) have been evaluated in order to derive
the general attractiveness of the market. The report includes price trend analysis for
inorganic, organic, and specialty pigments between 2014 and 2023.