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India Pigment Market Set for Robust Growth, Projected to Reach USD 2.95 Billion by 2026

07-16-2024 09:52 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

India Pigment Market

India Pigment Market

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ:

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.

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ

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

๐†๐ซ๐š๐› ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/20101/
๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

โ€ข Organic Pigment
โ€ข Inorganic Pigment

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ, ๐›๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ€ข Paints & Coating
โ€ข Textile
โ€ข Printing Ink
โ€ข Plastic
โ€ข 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.

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ: ๐–๐ก๐จ'๐ฌ ๐„๐ฑ๐ฉ๐ž๐ซ๐ข๐ž๐ง๐œ๐ข๐ง๐  ๐ญ๐ก๐ž ๐‡๐ข๐ ๐ก๐ž๐ฌ๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก?

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.

๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ ๐จ๐Ÿ ๐‚๐Ž๐•๐ˆ๐ƒ-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.

๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‹๐ข๐ง๐ค ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐‚๐ฅ๐ข๐œ๐ค ๐‡๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/request-sample/20101/
๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

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.

๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

โ€ข Aksharchem Ltd
โ€ข Asahi Songwon
โ€ข Clariant Chemicals
โ€ข Colourtex Industries
โ€ข Gharda Chemicals
โ€ข Kesar Petroproducts
โ€ข kiri Industries
โ€ข Lona Industries
โ€ข Mallak Pigments
โ€ข Mazda Colors
โ€ข Meghmani Organics
โ€ข Phthalo Colors & Chemicals
โ€ข Pidilite
โ€ข Poddar Pigments
โ€ข Sudarshan Chemicals
โ€ข Vibfast Pigments Pvt. Ltd
โ€ข FX Pigments
โ€ข Dev Tech
โ€ข Kolortek Industries
โ€ข Merck Performance Materials
โ€ข BASF S.A.
โ€ข Valspar Coatings

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

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.

๐‚๐จ๐ง๐œ๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง

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.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž: https://www.maximizemarketresearch.com/market-report/india-pigment-market/20101/
๐“๐š๐›๐ฅ๐ž ๐จ๐Ÿ ๐‚๐จ๐ง๐ญ๐ž๐ง๐ญ๐ฌ: ๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ
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

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ข๐š ๐๐ข๐ ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

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?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

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
๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐Œ๐จ๐ซ๐ž ๐ƒ๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

โ™ฃ Global User Provisioning Market https://www.maximizemarketresearch.com/market-report/global-user-provisioning-market-key-trends/6559/

โ™ฃ Radio Frequency Components Market https://www.maximizemarketresearch.com/market-report/radio-frequency-components-market/188424/

โ™ฃ Lighting as a Service Market https://www.maximizemarketresearch.com/market-report/lighting-as-a-service-market/188821/

โ™ฃ AI in Oncology Market https://www.maximizemarketresearch.com/market-report/ai-in-oncology-market/189655/

โ™ฃ Inulin Market https://www.maximizemarketresearch.com/market-report/inulin-market/194920/

โ™ฃ Self Balancing Scooter Market https://www.maximizemarketresearch.com/market-report/self-balancing-scooter-market/217435/

โ™ฃ Lactose Free Butter Market https://www.maximizemarketresearch.com/market-report/lactose-free-butter-market/217497/

โ™ฃ Busway-Bus Duct Market https://www.maximizemarketresearch.com/market-report/busway-bus-duct-market/218518/

โ™ฃ Global Ultra Heat Treatment (UHT) Systems Market https://www.maximizemarketresearch.com/market-report/ultra-heat-treatment-uht-systems-market/98048/

โ™ฃ Global Palm Date Processing Equipment Market https://www.maximizemarketresearch.com/market-report/global-palm-date-processing-equipment-market/89038/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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sales@maximizemarketresearch.com

+91 96071 95908, +91 9607365656

๐‘๐ž๐ ๐š๐ซ๐๐ข๐ง๐  ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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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