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Organic Pigments Market: Size, Share, Trends, Growth Outlook With Company Analysis And Forecast To 2032
Organic Pigments Market
Organic Pigments Market Size, Growth Rate, And Forecast
The global organic pigments market size is expected to grow from $15.09 billion in 2022 to $16.17 billion in 2023 at a compound annual growth rate (CAGR) of 7.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global organic pigments market size is expected to reach $20.12 billion in 2027 at a CAGR of 5.6%.
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Organic Pigments Market Drivers
An increasing textile industry is expected to propel the growth of the organic pigments market going forward. The textile sector refers to the industries that are primarily concerned with the design or manufacture of clothing and the distribution and use of textiles. A textile is a stretchy material made of a web of synthetic or natural fibers. Organic pigments are used in textiles to give the product colour, opaqueness, and other desirable features. This will drive market expansion for organic pigments, as these are widely employed in textile industry for dyeing and printing.
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Organic Pigments Market Segments
1) By Type: Azo Pigments, Pthalocyanine Pigments, High Performance Pigments (HPPs), Alizarin, Arylide, Other Types
2) By Source: Synthetic, Natural
3) By End-Use: Textile, Paints And Coatings, Automotive, Plastics, Printing Inks, Packaging, Other End-Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Organic Pigments Market.
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Organic Pigments Market Key Players
Major competitors in the Organic Pigments Market include BASF SE, Clariant AG, DIC Corporation, Heubach GmbH, Sudarshan Chemical Industries Limited, Ferro Corporation, Trust Chem Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., Toyocolor Co. Ltd., Synthesia AS, Hangzhou Han-Color Chemical Co. Ltd., DCL Corporation, Dominion Colour Corporation, Koel Colours Pvt. Ltd., Vibfast Pigments Pvt. Ltd., and Neochem Industries
The Business Research Company's "Global Organic Pigments Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Organic Pigments Market Include:
1. Executive Summary
2. Organic Pigments Market Characteristics
3. Organic Pigments Market Trends And Strategies
4. Organic Pigments Market - Macro Economic Scenario
5. Organic Pigments Market Size And Growth
......
26. Africa Organic Pigments Market
27. Organic Pigments Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Organic Pigments Market
29. Organic Pigments Market Future Outlook and Potential Analysis
30. Appendix
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