Paint Pigments Market Global Research 2018-2023 Product Analysis with Competitive Landscape | BASF SE, Dow Chemical Company, Huntsman Corporation, Nippon Kayaku Company

Market research future.com has announced the addition of "Global Paint Pigments Industry 2018 Market Research Report” to their Database.

Paint Pigments Market Highlights:
Over the past few years, the global market has seen a remarkable growth in demand of paint pigment market, owing to this, it has been estimated that the global market will grow a higher growth rate at the end of forecasted period. As per the market analysis, factors which have created boom in the global paint pigment market are cost effectiveness, consistency and unique shades, good stability to solvents, non-toxic and others as well.

Paint Pigments Market Top Key Players Analysis:

BASF SE

Dow Chemical Company

Huntsman Corporation

Nippon Kayaku Company

Sensient Technologies

Synthesia, Shanghai Road Dyestuffs

Ei Dupont De Nemours

Dic Corporation

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Market Research Analysis:
It is expected that the market will growth rate at a CAGR of approximately 4.8% during the forecast period. The current challenge for the market is the unavailability of skilled labor, labor safety and fluctuating material costs. The growing population and urbanization in the emerging economies with increasing need for infrastructure in the region is driving the market of paint pigment over the next five years, especially in APAC. The residential coating is estimated to be the leading application segment.

Paint Pigments Market Drivers:
The market is majorly driven by the increase usage of its application industries such as residential coating, architectural products, and industrial coatings, specialty coatings and others. Industrial coating is bifurcated into automotive, consumer products, aerospace. As per analysis, the global paint & coating market is boosting the overall market which in turn has created a platform for paint pigment manufacturers to cover the overall market. Seeking this kind of opportunities, there will be an ample scope for the domestic as well as international players to introduce new product launch and opportunities for the new entrants. Due to its properties such as cost effectiveness, consistency and unique shades, good stability to solvents, non-toxic and others are boosting this industry.

Scope of the report:
The scope of the study categorizes the paint pigment market as form, mixture and application. On the basis of form the market is segmented into liquid and powder. On the basis of mixture, it is segmented into Solvent, Binder and Pigment. On the basis of application, it is segmented into residential coating, architectural products, industrial coatings (automotive, consumer products, aerospace), Specialty coatings and others.

Paint Pigments Regional Analysis:

APAC will be the leading market

Geographically, Asia-Pacific is expected to be the fastest growing as well as the largest market for paint pigment where China’s contribution to the overall market has created several opportunities to the local as well as global players. North America and Europe would stand second and third rank in terms of value and volume.

APAC will be the dominating market for global paint pigment, accounting for more the 38% market share by 2022. This share is attributed to the growing demand from application segment, emerging economies, urbanization and increasing spending on infrastructure

Paint Pigments Market Research Analysis:

It is expected that the market will growth rate at a CAGR of approximately 4.8% during the forecast period. The current challenge for the market is the unavailability of skilled labor, labor safety and fluctuating material costs. The growing population and urbanization in the emerging economies with increasing need for infrastructure in the region is driving the market of paint pigment over the next five years, especially in APAC. The residential coating is estimated to be the leading application segment.

Company Information

Profiling of 10 key market players
In-depth analysis including SWOT analysis, and strategy information of related to report title
Competitive landscape including emerging trends adopted by major companies

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