Press release
Sales of Phthalocyanine Pigments Is Projected to Rise at a CAGR of over 3.3% by 2027
Estimated to reach a value pool of near US$ 4.5 Bn by the end of the forecast period (2019-2027), the organic pigments market is trending towards high-performance pigments in paints & coatings and plastic industries. The shift from heavy, metal-based, inorganic pigments will continue to benefit organic pigments market growth. These pigments have a better environmental profile than inorganic pigments and have more vivid colors particularly in printing inks.Click Here to Get Complete Synopsis of this Report
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Continuous advances in the organic pigments market are expected to be powered by an increasing need for enhanced aesthetics in product packaging for better marketing. As a result, production of advertising and packaging leaflets will propel demand growth of organic pigments in the near future. A surge in construction spending with escalating demand for decorative coatings in the construction sector will positively affect the growth of organic pigments market.
Company Profiles
BASF SE
Clariant AG
DIC Corporation
Heubach GmbH
Ferro Corporation
Trust Chem Co. LTD.
Dominion Colour Corporation
Global Organic Pigments Market: In-Depth Assessment on Key Segments
Type
Azo Pigments
Phthalocyanine Pigments
High Performance Pigments
Application
Printing Inks
Paints & Coatings
Plastics & Rubber
Others (Textile, Paper, Leather, etc.)
Region
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa
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Key Takeaways of Organic Pigments Market Study
China is the leading producer of organic pigments and remains the global supplier of red and yellow, azo-based pigments. The country is expected to witness modest growth of over 4% CAGR in the long term forecast
Japan continues on a downward trend as the market has become globalized and gross margins have been squeezed, leading to plant shutdowns and restructuring
Overall growth of North America and Europe is expected to be near 2% per year owing to high competition from electronic media and devices
Globally, printing inks account for about half of the total demand on a volume basis and are anticipated to record significant growth boosted by the greater use of organic pigments in visual effects and others applications
Azo based pigments account for nearly 50% demand share in the global market and are anticipated to grow at a CAGR of 2.2%
The trend toward more expensive pigments escalates the growth of high performance pigments by 1.4x, HPPs segment is poised to retain higher profit margin while azo and phthalocyanine pigment characterize a lower margin
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“Growing demand for new colors and visual effects create opportunities in plastic and paints & coating industry. Increasing use of HPPs are shifting demand from heavy, metal-based pigments to organic pigments” says the Fact.MR analyst
High Performance Pigments to Give Stakeholders a Competitive Edge
Global organic pigments market is moderately consolidated in nature with key players such as BASF SE, Clariant AG, DIC Corporation, Heubach GmbH and others. Manufacturers are actively developing a wide range of high performance environmentally friendly alternative owing to a shift from heavy, metal-based pigments. Recently Sun Chemical has also introduced high-performance pigments for heavy metal replacement, including both Fanchon Yellow 184 (bismuth vanadate) and Yellow 138 for green shade yellows.
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Find More Valuable Insights on the Market
Fact.MR, in its new offering, provides an unbiased analysis of the global market for organic pigments, with historical data on demand (2013-2018) and expected projections for the period 2019-2027. The report discloses compelling insights into the demand for organic pigments on type (Azo Pigments, Phthalocyanine Pigments, and High Performance Pigments), application (Printing Inks, Paints & Coatings, Plastics & Rubber, and Others (Textile, Paper, Leather, etc.) across several major regions.
For More Insights
https://www.globalbankingandfinance.com/sales-of-the-automotive-curtain-airbag-is-expected-to-remain-high-through-the-aftermarket-channels-unveils-fact-mr/
Overview of TOC ( Table of Content)
List of Tables
Table 1: Global Organic Pigments Market Value (US$ Mn) & Volume (tons), 2013-2018
Table 2: Global Organic Pigments Market Value (US$ Mn) & Volume (tons), 2019-2027
Table 3: Global Organic Pigments Market Value (US$ Mn) & Volume and Y-o-Y, 2018-2027
Table 4: Global Azo Pigments Segment Value (US$ Mn) & Volume (tons), By Region 2013-2018
Table 5: Global Azo Pigments Segment Value (US$ Mn) & Volume (tons), By Region 2019-2027
Contd...
List of Figures
Figure 1: Global Organic Pigments Market Value (US$ Mn), 2013-2018
Figure 2: Global Organic Pigments Market Value (US$ Mn) Forecast, 2019-2027
Figure 3: Global Organic Pigments Market Value (US$ Mn) and Y-o-Y, 2018-2027
Figure 4: Global Azo Pigments Segment Market Value (US$ Mn) By Region, 2013-2018
Figure 5: Global Azo Pigments Segment Market Value (US$ Mn) By Region, 2019-2027
Contd...
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