Global Pigments Market | Industry Leading Players - The Chemours Company, CRISTAL, Tronox Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Ghar

Paints and coatings hold a significant spot in safeguarding surfaces from wear and eventual abrasion, while improving the appearance of these objects. Pigments play a major role in enhancing the attributes of paints and coatings across various end-user industries, ranging from aerospace to building & construction. Pigments boost key features of paints and coatings such as color strength, chemical inertness, coverage, durability, and light and weather fastness.

Pigments possess anticorrosive properties that enhance their competency for use in direct-to-metal, automotive, and industrial coatings. Rising population coupled with scaling up of per-capita income has revved up the adoption of paints and coatings in various end use spectrums, such as building & construction, automotive, and consumer goods industries. This, in turn, makes paints and coatings the largest and most-promising end use industry for pigments market. These insights are in accordance to a new report, titled “Pigments Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” recently added to the repository of Market Research Reports Search Engine (MRRSE).

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Pigments Market- Rising Production and Utilization of Plastic to Push the Overall Demand

Plastics stands out as one of the major consumers of pigments and further growth of the plastics industry is likely to push the demand for pigments as well. Pigments remain one of the key aspects of the plastics industry and are crucial for imparting unique appearance and styling to the plastic products. Pigments are fundamentally employed in case of colorants extensively in case of plastics, on the back of their superior compatibility with different types of plastics. Apart from the coloring effect and enhanced aesthetics, pigments also scale up the stability of plastics and their resistance to adverse climatic conditions, such as heat and moisture. This provides credence to the fact that increase in production of plastics play a vital role in driving the demand for pigments.

Furthermore, consumption of plastics has escalated substantially in case of both developed and developing countries over the last few years. Multi-faceted factors such as economic growth, increase in disposable income, and rampant urbanization in case of emerging economies, such as China, India, Brazil, and South Africa, are likely to drive the demand for plastics over the forecast timeline.

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Pigments Market- Overview of the Report

The report on pigments market is a credible source of analysis and forecast of the global market for pigments, both at the global as well as regional levels. The pigments market has been analyzed for the forecast period of 2018 to 2028, both in terms of volume as well as value. The study on pigments market includes top-notch drivers and restraints shaping the market dynamics and influencing the market growth.

The report also covers the overall impact and relevance of these influencing factors on the growth of pigments market over the forecast timeline. Moreover, the report also sheds light on various opportunities instrumental for market players to leverage to expand their footprints at the global level.

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