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Ultramarine Pigments Market to Cross US$ 257.9 Mn Revenues in 2026 at a CAGR of 4.0%
Ultramarine Pigments Market
The global ultramarine pigments market was valued at US$ 182.5 Mn in 2017 and is expected to reach US$ 257.9 Mn by the end of 2026, expanding at a CAGR of 4.0% over the forecast period.
Persistence Market Research delivers key insights on the global ultramarine pigments market in its latest report titled 'Ultramarine Pigments Market: Global Industry Analysis 2013-2017 and Forecast, 2018-2026.'
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The global ultramarine pigments market is anticipated to represent an incremental opportunity of US$ 68.8 Mn between 2018 and 2026. In terms of volume, the global ultramarine pigments market is estimated to reach 54,300 tons in 2017 and is anticipated to increase to 70,109 tons by 2026, exhibiting a CAGR of 2.9% over the forecast period.
Ultramarine Pigments Market Segmented By Laundry, Industrial, Cosmetics Grade for Rubber and Plastics, Inks, Paints and Coatings, Paper, Cosmetics and Personal Care, Detergents in Blue and Violet Color
China accounted for approximately one-third of the market value share in the global ultramarine pigments market in 2017 and the country is anticipated to remain dominant throughout the forecast period. In this report, Persistence Market Research throws light on drivers and restraints likely to impact the market during the forecast period.
The global ultramarine pigments market is greatly influenced by application areas such as rubber & plastics, paints & coatings, inks, paper, cosmetics & personal care, among others. The paints & coatings segment accounts for a high market share in terms of value and volume as compared to other counter parts.
Moreover, growth in the paints & varnishes segment is expected to influence the ultramarine pigments market positively, marking a high - moderate growth rate in developed as well as developing countries. This is expected to create strong growth opportunities for the global ultramarine pigments market. Establishing long-term supply contracts with end-users in specific industry segments can provide stability as well as growth opportunities for manufacturers in terms of revenue generation.
Key Companies-
• Ferro Corporation
• BASF SE
• DIC Corporation
• Venator Materials PLC
• Ultramarine & Pigments Ltd
• Lapis Lazuli Pigments Co., Ltd
• Habich GmbH
• R.S.Pigments
• Dominion Colour Corporation
• Ultramarines India ( P ) Ltd
• Hangzhou Han-Color Chemical Co. Ltd. (1/2)
• Yipin Pigments, Inc.
• Others.
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Ultramarine Pigments Market
Ultramarine Pigments Market By Grade
• Laundry
• Industrial
• Cosmetics
Ultramarine Pigments Market By Application
• Rubber & Plastics
• Inks
• Paints & Coatings
• Paper
• Cosmetics & Personal Care
• Detergents
Ultramarine Pigments Market By Color
• Blue
• Violet
• Others
Ultramarine Pigments Market By Region
• North America
• Latin America
• Europe
• South East Asia & Pacific
• China
• India
• Middle East & Africa
Complete Report Details@https://www.persistencemarketresearch.com/market-research/ultramarine-pigments-market.asp
Regional Market Projections
On the basis of market value share, China is expected to expand at a healthy CAGR of 4.9% over the forecast period, followed by Europe and North America. The Europe market is expected to hold a market value share of 25.9% over the forecast period. North America is expected to represent an incremental $ opportunity of US$ 13.7 Mn over the forecast period. Latin America is expected to expand with a moderate CAGR in the ultramarine pigments market through 2026. In Europe, the Germany ultramarine pigments market is projected to hold a significant market share in terms of value in the ultramarine pigments market over the forecast period, exhibiting a CAGR of 2.9% over the forecast period. Consumption of ultramarine pigments in Europe is expected to increase to 16,625 MT by 2026 end.
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About PMR - Chemicals and Materials
The Chemicals and Materials division of Persistence Market Research offers distinct and pin-point analysis about chemicals and materials industry. Chemical coverage extends from commodity, bulk, specialty and petrochemicals to advanced materials, composites and nanotechnology in particular with special emphasis on 'green alternatives', recycling and renewable technology developments, supply-demand-trade assessment. Our research studies are widely referred by chemical manufacturers, research institutions, channel partners and government bodies for developing - 'The Way Forward'.
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