Press release
Pigment Dispersion Market Top Companies, Share, Key Drivers, Industry Insights And Outlook By 2033
Pigment Dispersion Market Top Companies, Share, Key Drivers, Industry Insights And Outlook By 2033
The Business Research Company presents an extensive market research report on the Pigment Dispersion Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The pigment dispersion market size has grown strongly in recent years. It will grow from $40.12 billion in 2023 to $43.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth in the printing and packaging industries, demand for vibrant and durable colors, expansion of the automotive and construction sectors, development of high-performance pigments, growth in paints and coatings applications..
The pigment dispersion market size is expected to see strong growth in the next few years. It will grow to $57.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to sustainable and eco-friendly pigment dispersions, growth in digital textile printing, expansion in food and cosmetics colorants, customized pigment dispersion solutions, demand for high-opacity and uv-resistant pigments.. Major trends in the forecast period include bio-based and natural pigment dispersions.
nanopigments for enhanced coloration.
regulatory compliance in pigment safety.
smart and color-changing pigments.
pigment dispersion for security and anti-counterfeiting.
personalized and on-demand color solutions..
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Key Market Players:
Achitex Minerva S.p.A., Altana AG, American Elements Corp., Apollo Colors Inc., Aralon Color GmbH, Aum Farbenchem Pvt. Ltd., Flint Group, Cabot Corporation, Croda International plc, Clariant AG, Decorative Color & Chemical Inc., DIC Corporation, Dunn-Edwards Corporation, DyStar Group, BASF SE, Sudarshan Chemical Industries Ltd., Heubach GmbH, Penn Colors Inc., Pidilite Industries Ltd., Lanxess Co., Evonik Industries AG, Huntsman International LLC, Solvay SA, Dow Inc., Croda International PLC., J.M. Huber Corporation, The Lubrizol Corporation, Akzo Nobel NV, Pharmacos, AArbor Colorants Corporation, Eckart GmbH are prominent players in the industry.
Market Drivers:
The rising demand for paints and coatings is expected to propel the growth of the pigment dispersion market going forward. Paints are a mixture of opaque pigments or powders in a liquid. Pigment dispersions are used to color many types of materials, such as paints and coatings or plastics, with applications in various fields, including decorative and industrial. For instance, according to the American Coatings Association, in 2021,In United States paint and coatings products exported for $2.1 billion. Therefore, the rising demand for paints and coatings is driving the growth of the pigment dispersion market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/pigment-dispersion-global-market-report
Market Segments Include:
1) By Pigment Type: Organic Pigments, Inorganic Pigments
2) By Dispersion Type: Water-Based Dispersions, Solvent-Based Dispersions
4) By Industry Vertical: Chemical and Petrochemical, Oil and Gas, Energy and Power, Automotive, Food And Beverages, Healthcare, Other Industry Verticals
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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