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Pigments Market Top Key Players: BASF, Cristal, Clariant, Carl Schlenk AG, Cathay Industries Group, Tronox Limited, Pidilite Industries Limited, Merck Group, LANXESS AG, Ferro Corporation, Huntsman Corporation, DIC Corporation

10-16-2018 09:34 AM CET | Industry, Real Estate & Construction

Press release from: Global Market Insights, Inc.

Pigments Marke

Pigments Marke

Paints & coatings industry generated the maximum revenue for pigments market in 2017. This application segment is slated to witness maximum gains in overall colorant market during the forecast period. Printing inks is also an important application of pigments market. These pigments are used in printing inks to create product packaging that attracts consumer attention and differentiates manufacturers’ products competing for shelf-space in retail establishments.

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Pigments such as iron oxide have gained importance in the construction industry in past few years due to its pure hue and tinting strength. Hence, iron oxide consumption is higher in the building materials industry. They are chiefly used in paving blocks, chequered tiles, stamped concrete and designer tiles. One of the most important applications of pigment in construction industry is concrete colorization due to its high dispersibility and superior tinting properties. Just by varying proportion and quantity, color differentiation can be brought about in concrete materials.

Specialty pigments will witness substantial growth during the forecast period, owing to its unique properties which are irreplaceable by organic or inorganic alternatives. These provide metallic tones and other special effects such as color-shifting that are increasingly popular in a broad range of consumer products.

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.

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Partial Chapter of the Table of Content
Chapter 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 List of key raw material suppliers List of key manufacturers/distributors 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 Global drivers Regional drivers
3.5.2. Industry pitfalls & challenges
3.6. Regulatory landscape
3.6.1. U.S.
3.6.2. Europe
3.6.3. China
3.7. Growth potential analysis
3.8. Regional price trends
3.8.1. Cost structure analysis R&D cost Manufacturing & equipment cost Raw material cost Distribution cost Operating cost 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 Global Regional
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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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.

BASF SE, Tronox Inc., Huntsman Corporation, Lanxess AG, Clariant Corporation and 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.

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

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