Press release
Pigment Dispersion Resin Market Regional Landscape, Production, Sales & Consumption Status and Prospects 2030
In a fast pace growing industrialization is a positive sign for pigment dispersion resin industry. Adoption of pigment Dispersion resin has been increased exponentially by the End-use-industry reason being the premium quality, customer satisfaction and stabilization, provides splendid colour to the material. So as to achieve the finest quality of coating, liquid pigment dispersion resin is being used having a flawless particle size which results to be stable for a long period of time.To get in-depth insights Request for Brochure here- https://www.factmr.com/connectus/sample?flag=B&rep_id=5526
Segmentation Analysis of Pigment Dispersion Resin Market
The global market for pigment dispersion resin has been classified into 6 major segments which follow as product type, end-use, packing type, colour, pigment type and region.
Based on product type, pigment dispersion resin market has been segmented as follows:
CAB resins
VC copolymers
Acrylic resins
Urea and Melamine formaldehyde resins
Alkyd resins
Epoxy resins
Hydrocarbon resins
Based on end-use, pigment dispersion resin market has been segmented as follows:
Coating
Inks
Paint
Adhesives
Sealants
Based on packaging type, pigment dispersion resin market has been segmented as follows:
Plastic Pails
Steel Drums
Based on colour type, pigment dispersion resin market has been segmented as follows:
Brown
Blue
Yellow
White
Black
Red
Based on pigment type, pigment dispersion resin market has been segmented as follows:
Organic Pigment
Inorganic Pigment
Based on region, pigment dispersion resin market has been segmented as follows:
North America
Europe
Latin America
East Asia
South Asia and Oceania
Middle East & Africa
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Pigment Dispersion Resin Market: Regional Outlook
Considering the regional classification, the report “Pigment Dispersion Resin” puts light on six prominent regions which include North America, Europe, Latin America, South Asia and Oceania, East Asia and Middle East & Africa. Among them, Europe holds a dominant position capturing around 65% of the market share for pigment dispersion resin. Elevating demand for paints, inks, coating and adhesive in response to amplified development of infrastructures has become the guiding light for penetration of pigment dispersion resin moving at a faster pace.
Asia-pacific apprehends a governing position and expected to steer over the predicted time frame. Some of the Asia-pacific countries like India and China is the most contributing towards the global market of Pigment Dispersion resin because of the rapid increase in urbanization and a steeper growth in industrialization expected to surge the consumption of Pigment dispersion resins. Attributed to the construction & building sector, this region will witness a higher growth rate over the assessment period.
Pigment Dispersion Resin Market: Key Players
The structure of the pigment dispersion resin market is fragmented as the market leaders haven’t been able to maximize the capabilities across the globe as they channelize their potential within their geographical limits. Lucite International, Systemthree, Arya Chem Inc., Chroma-Tek, Milano Colori, Kraemer and TTC Colours are the major players satisfying demands for pigment dispersion resin with the acquirement of biggest market presence.
Companies are opting for the organic growth strategies seeking the maximum growth such as new product offering, optimization and reallocation of resources. However, regional players in Asia and Africa is a challenge for the global market, offering products with a lower price point and disturbing the whole global market of pigment dispersion resin.
The common organic growth strategies of enhancing the properties to high density, lower viscosity and relevant chemical advancements have been adopted by the regional players. Long term supply contracts with paint, inks and coating industries by the manufacturers is providing a stage for the market.
Local manufacturers are key players for this market as the product is a supplementary raw material for paints, inks & coatings and local sourcing has resisted pigment dispersion resin market on becoming a consolidated market.
The report answers important questions which include:
Why is player leading the in region?
Which factors pose a negative impact on the growth?
What was the value registered in 2018?
What challenges do the players face during R&D stages?
Which countries contribute a significant share to the total revenue in region?
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