The global demand for Pigment Additive Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022 - 2028. Regarding volume, the market was calculated XX Kilotons in 2021 and forecast to touch XX Kilotons by 2028 with a CAGR of XX% during 2022-2028.
Pigment additives are organic or inorganic chemical substances that offer several benefits such as anti-skid, reflection, conduction, better color strength, stability, and retention, improved gloss, good finishing, good visual appearance, insulation, light absorption, and help improve the opacity, texture, and pseudo-plasticity for the flow of pigments. Pigment additives are soluble colorants derived from chemicals and different trees or fruits. They are used in paint and coatings industries and further employed in applications such as building & construction, automobiles & transport, and the electrical & electronics industry.
Market Dynamics
Booming building & construction, food & beverages, aerospace, automobile, and electrical & electronics are steering pigment additives demand. Escalating infrastructure development in prominent countries, growing buying behavior, and shifting industry trends influence demand for pigment additives. Expanding the presence of suppliers and manufacturers and increasing product launches also spurs global market growth. However, restrictions on the usage of several pigment additives due to concerns over the environment and health impacts hamper the market growth. As a result, key players operating in the pigment additive market are working on formulating sustainable pigment additives. A rise in awareness about the environment is expected to boost bio-based & recyclable organic pigment additive products demand.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pigment additive. The growth and trends of Pigment Additive Industry provide a holistic approach to this study.
Market Segmentation
This section of the pigment additive market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By End-use Industry
- Building & Construction
- Food & Beverages
- Aerospace
- Automobile
- Electrical & Electronics
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pigment Additive market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Pigment Additive Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pigment additive market include AkzoNobel Corporation, BASF SE, DowDuPont, Evonik Industries, and Huntsman International. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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