Global Pigments Market 2018 Top Key Players: BASF SE, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries, Tronox, Tokan Material Technology, Pidilite Industries, Merck, LANXESS AG, Ferro Corporation, DIC Corporation, Huntsman Corporation
Pigments 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. Pigments Market is forecast to exceed USD 18 billion; according to a new research report.
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Plastics and paints & coating industries in this region are growing at a healthy rate. These two industries are likely to create major chunk of product demand in North America. Established automobile manufacturing industry in the U.S. shall show a moderate product demand during the forecast timespan.
Top Key Players:-
The key players of global Pigments Market are Pidilite Industries Limited, Merck Group, LANXESS AG, Ferro Corporation, DIC Corporation, Huntsman Corporation, BASF SE, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries Group, Tronox Limited, and Tokan Material Technology Co., Ltd.
North America had a significant share in colorant market and shall grow with a prominent CAGR in the coming years.
In 2017, Asia Pacific was having the major share in colorant market and it is likely to grow with a significant CAGR over the forecast timespan. This can be attributed to the increasing disposable income of consumers which has majorly driven construction market in this region.
Major Points of Table Of Content:-
3 Pigments Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2014 - 2025
3.3. Industry ecosystem analysis
3.3.1. Raw material analysis
3.3.2. Manufacturing trends
3.3.3. Profit margin
3.3.4. Value addition
3.3.5. Distribution channel analysis
3.3.6. Vendor matrix
126.96.36.199. List of key raw material suppliers
188.8.131.52. List of key manufacturers/distributors
184.108.40.206. List of key/potential customers
3.4. Innovation & sustainability
3.4.1. Patent analysis
3.4.2. Technology landscape
3.4.3. Production process
3.4.4. Comparison of manufacturing techniques
3.4.5. Future trends
3.5. Industry impact forces
3.5.1. Growth drivers
220.127.116.11. Global drivers
18.104.22.168. Regional drivers
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.7. Growth potential analysis
3.8. Regional price trends
3.8.1. Cost structure analysis
22.214.171.124. R&D cost
126.96.36.199. Manufacturing & equipment cost
188.8.131.52. Raw material cost
184.108.40.206. Distribution cost
220.127.116.11. Operating cost
18.104.22.168. Miscellaneous cost
3.8.2. Price by product
3.8.3. Price by application
3.9. Competitive landscape, 2017
3.9.1. Company market share analysis, 2017
3.9.2. Brand analysis
3.9.3. Key stakeholders
3.9.4. Strategic dashboard
3.10. Porter’s analysis
3.10.1. Supplier power
3.10.2. Buyer power
3.10.3. Threat of new entrants
3.10.4. Threat of substitutes
3.10.5. Industry rivalry
3.11. PESTEL analysis
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Printing ink was a key product consumer in 2017 and anticipated to grow with a healthy growth rate in the coming years. Owing to the rising demand from packaging sector, printing ink industry is anticipated to reach USD 20 billion by 2020. Growth in the printing ink market shall complement the colorant demand from 2018 to 2025.
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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