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Pigment Dispersion Market Report 2024: Strategies And Recent Developments | 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 pl
Pmeignt Dispersion Market Trends
The Business Research Company offers in-depth market insights through Pigment Dispersion Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
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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Market Segmentation:
The main types of pigment dispersion are organic pigments and inorganic pigments. Organic pigments are colored materials made of organic compounds with pigment properties. The various dispersion types are water-based dispersions and solvent-based dispersions and are employed in chemicals and petrochemicals, oil and gas, energy and power, automotive, food and beverages, healthcare, and other industry verticals.
Major Driver - Growing Paints And Coatings Demand Boosts Pigment Dispersion Market
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.
Competitive Landscape:
Major companies operating in the pigment dispersion market include 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
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Top Trend - Innovation In Biobased Pigment Dispersions
Major companies operating in the pigment dispersion market are innovating products, such as biobased pigment dispersions, to provide reliable services to customers. Biobased pigment dispersions are pigment preparations in which the dispersing medium or carrier is derived from renewable, natural sources such as plant-based materials. For instance, in November 2022, P2 Science Inc., a USA-based chemicals company, launched Citrosperse. Citrosperse consist of a range of biobased and patented pigment dispersions, which has high pigment loading and remarkable color intensity for use in cosmetics and personal care products. It is available in 10 colors, such as red iron oxide, yellow iron oxide, black iron oxide, titanium dioxide, yellow 5 lake, blue 1 lake, red 7 lake, red 6 lake, and black 2.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Pigment Dispersion Market Characteristics
3. Pigment Dispersion Market Trends And Strategies
4. Pigment Dispersion Market - Macro Economic Scenario
5. Pigment Dispersion Market Size And Growth
…..
27. Pigment Dispersion Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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