DUBLIN, Feb. 15, 2019 /PRNewswire/ --
The "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" report has been added to ResearchAndMarkets.com's offering.
In terms of revenue, the global pigments market has registered a constant growth with positive CAGR in last five years (2012-2017). Region wise, APAC has been the largest producer followed by the Americas, Europe and Rest of the World (RoW). Country wise, China has been the largest producer followed by US, India, Germany, UK and Brazil.
Strict implementation of environmental regulations has affected the global commodity pricing of many products. Big players in the ecosystem have invested in developing newer products with environmental, manufacturing and cost sustainability in order to broaden their product portfolio.
Global Pigment Market Segmentation By Type of Pigments:
The sales of inorganic pigments dominated the global pigment market in 2017. China was the largest consumer for inorganic pigments followed by US, India other European, Asian and CIS countries. The organic pigments market performance is parallel to the development of the various coatings market segments plus additional effects like color trend and replacement of lead chromates mainly in emerging markets.
The paints & coatings industry dominated the global pigment market. Applications such as architectural and refinishing, aerospace, automobile, furniture, decorative, industrial maintenance are the major application sectors for paints. Paints & Coatings was followed by plastic industry, Printing Inks, Construction and Others.
The global pigments market has been dominated by the APAC region. In contrast to the APAC region the pigment industry in North American and European countries has reached a mature status. Following Europe are the Middle Eastern and African countries.
By Organized & Unorganized:
The global pigment industry is dominated by presence of organized players. These players have well established production plants spread across the globe while the unorganized manufacturers usually have a limited number of products, which are customized to cater the demand of only a few industries or the local market requirement.
Competition in Global Pigments Market
Competition among players in the Pigment industry is majorly on the basis of manufacturing process, technology, and pricing strategy. Most of the global pigment manufacturers are adopting the backward integration strategy to reduce their dependence on raw material suppliers. Manufacturers of pigments globally have to strategically price their products that meet the demand and criteria of the domestic and international market.
Global Pigments Market Future Outlook and Projections
The global pigment industry is expected to grow with a positive CAGR from 2018-2022. APAC region will continue to lead the global pigment market in the future owing to the expected strong growth of the pigment industry in China and India. Robust growth in end users industries such as paints & coatings, plastic, printing ink, construction and other industry will drive the global demand for pigments. The paints & coatings industry is likely to be the major application for pigments owing to rising construction market worldwide. Apart from China and India, the production and export of pigments from other Asia Pacific Countries is also likely to increase.
Key Topics Covered in the Report
- Overview of Global Chemical Industry
- Value Chain Analysis in Global Pigments Market
- Challenges Faced by Entities in Value Chain
- Global Pigments Market
- Market Size by Revenue
- Market Segmentation by Type of Pigments, by Type of Inorganic Pigments, by Type of Organic Pigment, by Application, by Market Structure and by Region.
- Country Snapshot - China Pigments Market
- Country Snapshot - India Pigments Market
- Country Snapshot - US Pigments Market
- Country Snapshot - Brazil Pigments Market
- Country Snapshot - Germany Pigments Market
- Country Snapshot - UK Pigments Market
- Comparative Landscape in Global Pigments Market
- Parameters for Competing
- Global Pigments Market Heat Map
- Company Profiles of Major Players Operating in Global Pigments Market
- PESTEL Analysis in Global Pigments Market
- Trends and Developments in Global Pigments Market
- Trade Scenario in Global Pigments Market
- Regulatory Landscape in Global Pigments Market
- Global Pigment Market Future
- Analyst Recommendations
- DIC Corporation
- Jeco Group Ltd.
- Lily Group
- Lomon Billions
- Meghmani Organics Limited
- Sudarshan Chemicals Limited
For more information about this report visit https://www.researchandmarkets.com/research/n5szl6/global_pigments?w=5
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