Press release
Organic Pigments Market Is Expected To Reach A Valuation Of US$ 6 Billion By The End Of 2031
Continuous advances in the market are expected to be powered by increasing need for enhanced aesthetics in product packaging for better marketing. As a result, rising production of advertising and packaging leaflets will propel demand for organic pigments in the near future. A surge in construction spending with escalating demand for decorative coatings in the construction sector will also positively affect the growth of the market.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.factmr.com/connectus/sample?flag=S&rep_id=4588
The global organic pigments market is moderately consolidated in nature with key players. Manufacturers are actively developing a wide range of high performance, environmentally friendly alternatives owing to a shift from heavy, metal-based pigments.
Companies leverage strategic collaborative initiatives to increase their market share and profitability. They are also acquiring start-ups working on technologies to strengthen their product capabilities.
Recently, Sun Chemical introduced high-performance pigments for heavy metal replacement, including both, Fanchon Yellow 184 (bismuth vanadate) and Yellow 138 for green shade yellow
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐ฅ๐๐๐๐ข๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข BASF SE
โข Clariant AG
โข Dominion Colour Corporation
โข Ferro Corporation
โข Heubach GmbH
โข Sudarshan Chemical Industries Ltd.
โข Sun Chemical Corporation
โข DIC Corporation
โข Pidilite Industries Ltd.
โข Synthesia
โข Toyocolor Co. Ltd.
โข Sensient Technologies Corporation
โข Trust Chem Co. Ltd.
โข LANXESS AG
๐๐๐ฒ ๐๐๐ ๐ฆ๐๐ง๐ญ๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐
๐๐ฒ ๐๐ฒ๐ฉ๐:
โข Azo Pigments
โข Phthalocyanine Pigments
โข High-Performance Pigments
๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
โข Organic Pigments for Printing Inks
โข Organic Pigments for Paints & Coatings
โข Organic Pigments for Textiles
โข Organic Pigments for Decorative Coatings
โข Organic Pigments for Plastics & Rubber
๐๐ก๐๐ซ๐ ๐๐จ๐ฎ๐ซ ๐๐๐ช๐ฎ๐ข๐ซ๐๐ฆ๐๐ง๐ญ๐ฌ & ๐๐๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ- https://www.factmr.com/connectus/sample?flag=RC&rep_id=4588
๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ:
โข Global organic pigments market to top US$ 6 Bn by 2031.
โข Azo pigments projected to reach around US$ 2.5 Bn by 2031.
โข Phthalocyanine pigments projected to record above 4% CAGR over next 10 years.
โข Market in Europe to record 3% CAGR over forecast period of 2021- 2031.
โข U.S. market likely to expand at CAGR of 4% by 2031.
โข Asia Pacific is the most lucrative region and will generate over 50% revenue by 2031.
โข Market in Latin America projected to expand at above 4.5% CAGR over the decade.
"Growing demand for new colors and visual effects are creating opportunities in plastics and paints & coating industry, and increasing use of high-performance pigments are shifting demand from heavy, metal-based pigments to organic pigments," says the Fact.MR analyst.
๐ ๐ฎ๐ฅ๐ฅ ๐๐๐๐๐ฌ๐ฌ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฌ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ ๐๐ญ: https://www.factmr.com/checkout/4588
๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐จ๐ฏ๐๐ซ๐๐ ๐ข๐ง ๐ซ๐๐ฉ๐จ๐ซ๐ญ:
โข North America (U.S. and Canada)
โข Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
โข Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
โข Latin America (Brazil, Mexico, and Rest of Latin America)
โข Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ข๐ฌ๐ค๐ฌ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The global Organic Pigments market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐ ๐๐๐ญ.๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก: https://www.globenewswire.com/en/news-release/2022/09/26/2522615/0/en/Third-Generation-Advanced-High-Strength-Steel-Opening-Plethora-of-Opportunities-for-Manufacturers-Says-Fact-MR.html
Contact:
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United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
About Fact.MR
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