Press release
India Pigment Market Set for Robust Growth, Projected to Reach USD 2.95 Billion by 2026
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ:The Indian pigment market is poised for significant growth, with projections indicating a compound annual growth rate (CAGR) of 6.5% during the forecast period, reaching an estimated value of USD 2.95 billion by 2026.
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ
India's pigment market has undergone a remarkable transformation, shifting from being heavily import-dependent to becoming a key player in exports. This shift is largely driven by the booming construction and automobile sectors, which have escalated the demand for paints and coatings. Additionally, the ongoing rehabilitation and maintenance of infrastructure to protect against environmental damage, coupled with the creativity of modern architects, are further fueling the market's expansion.
Environmental concerns and stringent performance standards are pushing the boundaries of innovation within the pigment industry. This is particularly evident in the development and adoption of organic and inorganic pigments. Organic pigments, including azo pigments, phthalocyanine, and high-performance pigments (hpp), are in demand for their vibrant colors and environmental benefits. Inorganic pigments, such as titanium oxide, iro
๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/20101/
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ:
โข Organic Pigment
โข Inorganic Pigment
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โข Paints & Coating
โข Textile
โข Printing Ink
โข Plastic
โข Others
Paints & Coatings: The paints and coatings industry is the largest end-user segment within the pigment market, experiencing rapid growth due to rising construction and infrastructure activities across India. Architectural and decorative coatings, in particular, account for the largest consumption of pigments, driven by the demand for aesthetically pleasing and durable building materials.
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ: ๐๐ก๐จ'๐ฌ ๐๐ฑ๐ฉ๐๐ซ๐ข๐๐ง๐๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ข๐ ๐ก๐๐ฌ๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก?
North India: This region is anticipated to witness substantial growth due to the rapid urbanization and development projects underway. The increasing construction activities are expected to drive the demand for pigments, particularly in the paints and coatings segment.
Western India: Known for its industrial base, Western India continues to be a major hub for pigment manufacturing. The presence of leading manufacturers and the ongoing industrial projects contribute significantly to the region's pigment market growth.
๐๐ฆ๐ฉ๐๐๐ญ ๐จ๐ ๐๐๐๐๐-19
The report also delves into the impacts of the COVID-19 lockdown on the pigment market, highlighting the varying effects across different regions and segments. While some areas experienced a slowdown due to stringent lockdown measures, others saw a quicker recovery, adapting swiftly to the new market conditions. This analysis provides valuable insights for decision-makers to formulate both short-term and long-term strategies tailored to regional dynamics.
๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ง๐ค ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/20101/
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The report looks at elements that impact the market, like economic situations and trends. To understand better about India Pigment market scenarios, it uses competitive analysis and market segmentation. The report provides useful understanding and suggestions for people involved in this industry. The India Pigment Market Report provides a thorough examination of the India Pigment industry, covering market dynamics, market trends, and key players. The research approach involves gathering data from primary and secondary sources like articles, surveys, interviews, and industry reports. Growth potential, market size as well as regional insights are studied using both quantitative and qualitative research methods in this study.
๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
โข Aksharchem Ltd
โข Asahi Songwon
โข Clariant Chemicals
โข Colourtex Industries
โข Gharda Chemicals
โข Kesar Petroproducts
โข kiri Industries
โข Lona Industries
โข Mallak Pigments
โข Mazda Colors
โข Meghmani Organics
โข Phthalo Colors & Chemicals
โข Pidilite
โข Poddar Pigments
โข Sudarshan Chemicals
โข Vibfast Pigments Pvt. Ltd
โข FX Pigments
โข Dev Tech
โข Kolortek Industries
โข Merck Performance Materials
โข BASF S.A.
โข Valspar Coatings
๐ ๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
The future of the Indian pigment market looks promising, driven by continuous innovation and the growing demand across various sectors. The market's resilience and adaptability, coupled with supportive government policies and an increasing focus on sustainable and high-performance pigments, are expected to sustain its upward trajectory.
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง
The Indian pigment market's robust growth is a testament to the sector's dynamic evolution and the country's increasing capabilities in both production and export. With leading players like Sudarshan Chemicals, Meghmani Organics, and Clariant India at the forefront, the market is well-positioned to meet the rising demand and set new benchmarks in pigment innovation and application.
๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง, ๐๐ฅ๐ข๐๐ค ๐ก๐๐ซ๐: https://www.maximizemarketresearch.com/market-report/india-pigment-market/20101/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ๐ฌ: ๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ
Section 01: Overview
Section 02: Report Scope for the India Pigment Market
Section 03: Landscape of the India Pigment Market
Section 04: Size of the India Pigment Market
Section 05: Types of India Pigment Market Segmentation
Section 06: Analysis of Competitive Forces
Section 07: Profile of Customers
Section 08: Geographic Analysis
Section 09: Decision-Making Framework
Section 10: Factors Driving and Hindering Growth
Section 11: Current Market Developments
Section 12: Assessment of Market Participants
Section 13: Detailed Analysis of Vendors
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ง๐๐ข๐ ๐๐ข๐ ๐ฆ๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is India Pigment?
What is the growth rate of the India Pigment Market?
Which are the factors expected to drive the India Pigment market growth?
What are the different segments of the India Pigment Market?
What growth strategies are the players considering to increase their presence in India Pigment?
What are the upcoming industry applications and trends for the India Pigment Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the India Pigment Market?
Who are the leading companies and what are their portfolios in India Pigment Market?
What segments are covered in the India Pigment Market?
Who are the key players in the India Pigment market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐ ๐๐ซ๐๐ข๐ง๐ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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