The global demand for Pigment Dispersion 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 2021 - 2027. Regarding volume, the market was calculated XX Kilo Tons in 2020 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2021-2027.
The process of dispersing pigment agglomerates into primary particles is known as pigment dispersion. Initial lubrication, separation, and stability are the three processes in the pigment dispersion process. Pigment dispersions determine the final qualities of paints, pigment inks, and lacquers. Pigment dispersions have several advantages, including preventing discoloration, chemical attacks, harsh weather, and temperature fluctuations. Pigment dispersions are primarily used in the automotive, chemical, and construction industries.
Market Dynamics
Greater usage of packaging material for food packaging, customer preference for heat-resistant coatings in residential buildings, and increased use of automotive coatings to satisfy the objectives of the sustainable automobile industry are driving demand for pigment dispersion. The growth of the pigment dispersing market is accelerated by the increase in demand for wood finishing paint and the expansion of the construction industry. Furthermore, the market is being influenced positively by the increased demand for organic pigments in paints, coatings, and printing inks applications. The market is anticipated to augment in rising economies like India, China, Brazil, Peru, Malaysia, and others due to rapid industrialization. Nevertheless, stricter environmental laws and increased volatility in raw material prices might hinder market development.
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 dispersion. The growth and trends of Pigment Dispersion Industry provide a holistic approach to this study.
Market Segmentation
This section of the pigment dispersion 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
- Inorganic Pigments
- Organic Pigments
- Others
By Application
- Plastic
- Packaging
- Paper And Paperboard
- Inks
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pigment Dispersion 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 Dispersion 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 dispersion market include BASF, PPG Industries, The Sherwin-Williams Company, Akzo Nobel N.V., Clariant, RPM International Inc, Tikkurila Oyj, KANSAI PAINT CO, Kelly-Moore Paints, Dunn-Edwards Corporation, Merck, Sun Chemical, Altana, CQV, Sudarshan, Impact Colors, Volor, Rika, Oxen, Aoke. 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.
METHODOLOGY:
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.