Press release
Global Pigments Market incredible future growth | 2018 Key Players are BASF, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries, Pidilite Industries Limited, Merck Group, LANXESS, Ferro Corporation, Huntsman Corporation, DIC Corporation
Global Market Insights, Inc.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/742
Considering the pigments application segment, plastic applications generated more than USD 1.5 billion in 2015 and have substantial growth trends by 2024. The paint & coatings had been the largest share contributor in 2015 with over 35% of the global product market share. Moreover, consistent innovative diversifications in paint portfolio like waterborne paints on account of technological advancements will further propel the product market growth.
The pigments market has been witnessing increasing acceptance not only for they impart superior finishing and shade, but they provide significant protection to the surface against corrosion and weathering. Raw material involved in pigments production are carbon molecules, such as benzene, toluene, naphthalene and ethylene which are the petrochemical derivatives. Infrequent availability of raw material supply and wavering crude oil prices might have a negative influence on the product market growth in coming years.
In 2015, the product segment was led by organic pigments, accounting for more than 40% of the total share. These are preferred to their inorganic counterparts, due to the severe government regulations concerning human health and environmental hazards. Inorganic products are probable to surpass 3.5% CAGR by 2024. Titanium dioxide pigments is likely to have the maximum share in the inorganic product t in the near future.
The pigments Market is set to grow from its current market value of more than $13 billion to over $18 billion and is predicted to grow at over 4.5% CAGR from 2018 to 2025.
Segmentation of pigments Market in terms of Paints & coatings, Printing inks, Plastics, Construction materials, product by application
• Paints & coatings
• Titanium dioxide
• Iron oxide
• Cadmium pigments
• Carbon black
• Chromium oxide
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/742
Asia Pacific had been the largest share contributor in 2015 and is predicted to continue the similar trend in the forecast timeframe. Improved consumer lifestyle will lead to increased demand for luster paints for residential buildings, coupled with high quality metallic paints preferences in automobiles. These traits will have a positive impact on the regional pigments market. North America, pigments market, generated revenue exceeding USD 3.2 billion in 2015. Geographical growth is particularly driven by rising customer demand for specialty product segment. But, strict regulations imposed by EPA and REACH might obstruct the regional growth by 2024.
The colorant market is majorly regulated by environmental and construction organizations. There are various safety concerns regarding pigments handling and storage. For example, iron oxide black contains bivalent iron and may undergo oxidation, leading to an exothermic reaction. It is kinetically restricted and is only initiated at elevated temperatures. For this reason, the storage temperature of the product should not exceed 80°C. Also, chemicals such as quinacridone are highly insoluble in water and organic solvents, which makes its biodegradation process very slow. Furthermore, increasing regulations favoring low volatile organic compounds (VOC) as ingredient in paints & coatings has impacted global pigments market size.
Browse Full Report: https://www.gminsights.com/industry-analysis/pigments-market
BASF, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries Group, Tronox Limited, Tokan Material Technology Co., Ltd., Pidilite Industries Limited, Merck Group, LANXESS, Ferro Corporation, Huntsman Corporation, DIC Corporation are major market players in pigments industry. Mergers & acquisitions is a very common strategy in colorant market. For instance, in November 2015, Merck Group acquired Sigma-Aldrich for USD 17 billion.
Market share calculation in this report is not done based on companies covered in it. The calculation of pigments market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.
Browse Related Reports:
Bentonite Market Share 2018-2024 Price Trends Industry Share Report
Bentonite Market size was over USD 1.1 billion in 2017 and industry expects consumption above 25 million tons by 2024.
Bentonite market share is significantly competitive and moderately fragmented among several key industry participants such as Mineral Technologies, Delmon Group of Companies, CETCO, Black Hills Bentonite, and Halliburton.
https://www.gminsights.com/industry-analysis/bentonite-market
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: http://technologymagazine.org
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Pigments Market incredible future growth | 2018 Key Players are BASF, Cristal, Clariant AG, Carl Schlenk AG, Cathay Industries, Pidilite Industries Limited, Merck Group, LANXESS, Ferro Corporation, Huntsman Corporation, DIC Corporation here
News-ID: 1277426 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for USD
Chlorella Market Reach USD 465.85 Million USD by 2030
Market Growth Fueled by Increased Adoption of Plant-Based Proteins and Health Supplements
Global Chlorella Market size was valued at USD 303.75 Mn. in 2023 and the total Chlorella revenue is expected to grow by 6.3 % from 2024 to 2030, reaching nearly USD 465.85 Mn. . The growth of the market is majorly due to increase in the consumer awareness about health, the inclination towards plant-based food such as chlorella and…
Bamboo Clothing Market: USD 1.83B to USD 3.27B by 2030
Bamboo Clothing Market Poised for Robust Growth with Sustainability and Eco-Friendly Trends Driving Demand
The global bamboo clothing market is experiencing substantial growth, spurred by a significant shift towards sustainable fashion and eco-friendly materials. As consumers become increasingly conscious of their environmental impact, bamboo fabric-known for its natural, biodegradable properties-is gaining popularity in the fashion industry. This market is expected to continue its upward trajectory, driven by rising demand for eco-conscious…
Biometrics Market: "Biometrics: USD 34.3B to USD 112.4B by 2031"
Biometrics Market Market Scope:
Key Insights : Biometrics Market size was valued at USD 34.3 billion in 2022 and is poised to grow from USD 39.1 billion in 2023 to USD 112.4 billion by 2031, growing at a CAGR of 14.1% during the forecast period (2024-2031).
Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/biometrics-market
Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/biometrics-market
In-Depth Exploration of the global Biometrics…
Advanced (3D/4D) Visualization Systems Market Size, Trends, Growth, Share to sur …
Fatpos Global has carefully studied specific areas, such as application and product type, in the global Advanced (3D/4D) Visualization Systems Market research study. During the predicted period of 2022 to 2032, each kind gives data on sales. The Advanced (3D/4D) Visualization Systems Market analysis examines into the characteristics and financials of the leading participants.
As per the analysis research report, the Advanced (3D/4D) Visualization Systems Market to…
$100,000,000 USD job contract for travel - $3,000,000 USD referral commission.
Khoja Consultants invites companies, teams or venture capitalists for a $100,000,000 USD contract for travel. The selected company will be providing all accommodations and expenses for a 6-month long business trip around the world. Khoja Consultants expects five-star treatment including close security with private planes, hotels, secured vehicles and helicopters if necessary. More details on the job contract and application are provided at - www.KhojaConsultants.com.
There is a $3,000,000…
IOT Solutions Market worth USD 553.9 million USD by 2026
"The global IoT solutions market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa."
These days many businesses are adopting a market research report…
