Press release
Growing need for paints & coatings is majorly driving demand for Azo Pigments | reach a revenue of US$ 2.3 Bn
Azo Pigments Market
As per a revised research, Persistence Market Research has predicted that azo colorant sales across the globe will witness a CAGR of 4.1% through 2031 to reach a revenue of US$ 2.3 Bn. Global sales of azo pigments are anticipated to contribute around 3.9% revenue share of the global color pigments market.
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The growth of the Azo Pigments Market is attributed to the increasing demand for azo pigments in various end-use industries, such as automotive, textile, and plastics. In addition, the growing awareness about environmental concerns is also fueling the demand for azo pigments. However, volatility in prices of raw materials used in manufacturing azo pigments is restraining the growth of the Azo Pigments Market.
The growth of the Azo Pigments Market is attributed to the increasing demand for azo pigments in various end-use industries, such as automotive, textile, and plastics. In addition, the growing awareness about environmental concerns is also fueling the demand for azo pigMENTS.
Key Companies-
• BASF SE
• Clariant International
• Pidilite Industries Ltd
• Lanxess AG
• Jiangsu Yabang Pigment Co., Ltd
• Sincol Corporation
• Sudarshan Chemical Industries Limited
• Ferro Corporation
• DIC Corporation
• Jeco Pigment USA Inc.
• Tah Kong Chemical Industrial Corporation
• Crown Color Technology Co., Ltd
• Dimacolor Industry Group Co., Ltd
• Trust Chem Co. Ltd
• Cathay Industries
• Alliance Organics LLP
• Heubach Colour Pvt. Ltd
• Toyo Ink SC Holdings Co., Ltd
• Royal Talens B.V. and more
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This published report for Azo Pigments Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Azo Pigments Market also offers the previous historical data along with the forecast from 2022 to 2030. The assessment of Azo Pigments Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2022-2030.
Drivers & Constraints
Azo Pigments Market introduces the building blocks of the report with the influence of market dynamics and functioning and a need to understand customer behavior. The increase and decrease in the product/service budget also play an important role in predicting the future growth of Azo Pigments Market. Besides, the high deployment cost of product/service, and other restraints are also pointed out in the report. Azo Pigments Market report also studies the value, volume trends and pricing history of the market so that the pattern and layout are also evaluated for the advanced study of the market over the forecast period.
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Key Segments Covered in Azo Pigments Industry Research
By Product Type
• Red Azo Pigments
• Yellow Azo Pigments
• Orange Azo Pigments
By Application
• Azo Pigments for Textiles
o Wool
o Silk
o Cotton
o Linen
• Azo Pigments for Plastic
• Azo Pigments for Printing Inks
• Azo Pigments for Food
• Azo Pigments for Paints & Varnishes
• Azo Pigments for Rubber
• Others
By Solubility
• Oil Soluble Azo Pigments
• Water Soluble Azo Pigments
Request you to Read More-
Insulation Paints And Coatings Market -https://www.persistencemarketresearch.com/market-research/insulation-paints-and-coatings-market.asp
CIS Painting and Coating Market - https://www.persistencemarketresearch.com/market-research/cis-paints-and-coatings-market.asp
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