Pigments Market to Witness Growth Acceleration During 2018-2025

MarketStudyReport.com Adds New Pigments Market 2018– 2025 research report providing information and data By Product, By Application, Industry Analysis, Regional Outlook, Application Potential, Trends, Competitive Market Share & Forecast spreading across 784 Pages with table and figures in it.

Pigments Market is forecast to exceed USD 18 billion; according to a new research report. Pigments (colorant) market will be driven by increasing demand from paints & coating industry, which has been growing with significant CAGR over the past few years. Paints & coating industry is the major colorant consumer and product demand from it shall grow with prominent CAGR over the forecast timespan. Increasing urbanization and industrialization has fueled the paints & coatings industry growth in the past few years.

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Pigments (colorant) market will be driven by increasing demand from paints & coating industry, which has been growing with significant CAGR over the past few years. Paints & coating industry is the major colorant consumer and product demand from it shall grow with prominent CAGR over the forecast timespan. Increasing urbanization and industrialization has fueled the paints & coatings industry growth in the past few years.

Raw materials used for colorant production is derived from petroleum derivatives such as ethylene, benzene, naphthalene and toluene. Oil & natural gas prices are observing inflation since past few years which has led to hiked product prices. This volatility in the pigment prices is hampering the product demand. Moreover, some pigments including molybdate sulphate, lead chromate, cadmium and lead sulfochromate are harmful to the environment, which is why they are highly regulated and have restrictions on application. These factors are likely to restrict the product demand over the forecast timespan to some extent.

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The pigments market is having presence of giant multinational and medium-scale players. Many of them have their own distribution channel and supply network. Major players operating in the market are BASF SE, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries Group, Tronox Limited, Tokan Material Technology Co., Ltd, Pidilite Industries Limited, Merck Group, LANXESS AG, Ferro Corporation, DIC Corporation and Huntsman Corporation. Major players in the industry are involved in merger & acquisition strategy to increase their customer base and product range. For instance, Clariant AG in May 2017, agreed to buy Huntsman Corporation for USD 6.4 billion. This merger will help Clariant to further expand its global footprint in strategically important Chinese and American market.

Table of Content:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Pigments Industry Insights

Chapter 4. Pigments Market, Product by Application

Chapter 5. Pigments Market, By Application

Chapter 6. Pigments Market, By Region

Chapter 7. Company Profiles

More Details on this Report At: https://www.marketstudyreport.com/reports/pigments-market

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Posted by on Saturday September 22 2018, 2:30 PM EDT. All trademarks acknowledged. Filed under Advanced Materials, Business Services, Chemicals, Chemicals & Materials, Featured Press Release. Comments and Trackbacks closed. Follow responses: RSS 2.0

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