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Phthalocyanine Pigments Market 2017–2027 Global Analysis | Major Players Mazda Colours Ltd., Alliance Organics LLP, Clariant International, BASF S.A.
Survey Conducted by Future Market Insights (FMI), a Leading Market Research and Competitive Intelligence Provider Offers Insights into Vital Dynamics Facilitating the Growth in the Global Phthalocyanine Pigments Market over the Assessment Period 2017-2027A comprehensive study on Phthalocyanine Pigments market by FMI provides insights into key factors and opportunities facilitating the growth in the market. The report conducts an in-depth analysis into factors affecting the change in consumer behavior and purchasing patterns. The survey offers detailed insights into scope for expansion in developed and developing markets through 2027.
As per the recent research conducted by a leading market insights provider FMI, the global Phthalocyanine Pigments market will expand at a healthy CAGR over the forecast period between 2017 and 2027. The aim of this study is to analyze key market dynamics affecting the sales of Phthalocyanine Pigments and provide vital insights to business owners to get benefited from forthcoming opportunities.
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Upsurge in the Trend of Green Chemistry to Facilitate the Growth in the Phthalocyanine Pigments Market
Governments of several countries are emphasizing on implementing regulations on chemicals that are hazardous for environment, owing to the rising concerns regarding environment sustainability. Hence, growing trend of green chemistry or sustainable chemistry is being witnessed across the chemical industry.
Citing this trend, chemical manufacturers are reviewing their business strategies and shifting their focus towards adopting eco-friendly practices for the production of sustainable alternatives or less toxic chemicals. This is expected to favor the growth in the Phthalocyanine Pigments market.
Key Phthalocyanine Pigments Market Takeaways and Projections
• The U.S. will lead the North America Phthalocyanine Pigments market, projecting the fastest growth in the region between 2017 and 2027
• Germany will collectively hold the largest share in the Europe market over the assessment period.
• India will emerge as a highly remunerative market in South Asia, contributing significant revenue share in the region through 2027.
• China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
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Phthalocyanine Pigments Market: Segmentation
The market for Phthalocyanine pigments can be segmented on the basis their application, end-use, and region. Based on applications, the Phthalocyanine pigments market can segments into – plastic, paints and coatings, ink, rubber, textile, leather, soap and detergent, and other industrial.
Based on the end-use industry, the Phthalocyanine pigments market can be segmented into construction (domestic, commercial, industrial, and infrastructure), automotive and aerospace, marine, textile, and equipment and other industrial.
Phthalocyanine Pigments Market: Regional Outlook
Asia Pacific region, owing to its vast consumer base and increasing industrial application, is expected to represent a significant market share in the global Phthalocyanine pigments market. China and India are anticipated to remain key consumers as well as supplier of Phthalocyanine pigments over the coming years. Average growth is expected from the relatively mature markets of North America and Western Europe, however, Middle East and Africa and Latin America are expected to provide good signs of growth over the forecast period.
Competitive Landscape Analysis
The survey offers insights into critical trends and opportunities across technology industry and studies their impact on demand-supply forces in the Phthalocyanine Pigments market. It also profiles a list of prominent companies including Mazda Colours Ltd., Alliance Organics LLP, NIRBHAY Rasayan Pvt Ltd (NRPL), Clariant International, BASF S.A., Yabang Investment Holding Group, DIC Corporation (Sun Chemical), LANXESS AG, RIVERSIDE INDUSTRIES LIMITED, Deep Group of Industries, and others.
To offer an in-depth analysis of prevailing competition, the survey provides a thorough market share analysis. The report also highlights key expansion strategies adopted by the Tier 1, Tier 2, and Tier 3 players.
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About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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