Global Pigment Dispersion Market Size To Worth USD 38.93 Billion by 2033 | CAGR of 4.16%
Category: Chemicals & MaterialsGlobal Pigment Dispersion Market Size To Worth USD 38.93 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Pigment Dispersion Market is to Grow from USD 25.90 Billion in 2023 to USD 38.93 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 4.16% during the projected period.
Get more details on this report -
Browse key industry insights spread across 272 pages with 110 Market data tables and figures & charts from the report on the "Global Pigment Dispersion Market Size, Share, and COVID-19 Impact Analysis, By Product (Inorganic Pigment, Organic Pigment), By Application (Plastics, Inks, Coatings), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/pigment-dispersion-market
The industry that manufactures and supplies these essential materials—which are used to impart color to a range of products—is known as pigment dispersions. This market primarily services the plastics, cosmetics, paints, coatings, and ink industries. Pigment dispersions are liquid or paste formulations containing finely dispersed pigments designed to ensure uniform color and stability in finished products. The market for pigment dispersion has a reputation for growing quickly, driven by increased demand from a variety of industries, such as the automotive, construction, and personal care sectors. The market is primarily driven by the need for high-quality, long-lasting pigments that offer superior color consistency and stability in a variety of applications. However, the strict environmental regulations could stop the market from expanding.
The inorganic pigment holds the largest market share during the anticipated timeframe.
Based on product, the pigment dispersion is divided into inorganic pigment and organic pigment. Among these, the inorganic pigment holds the largest market share during the anticipated time frame. The dispersion of inorganic pigments is less dense than that of organic pigments. However, when more endurance is needed, in-organic pigment dispersion is chosen over organic dispersion. One significant distinction is that, unlike its inorganic relative, organic pigment dispersion can fade after extended sun exposure. There are three different forms of calcium carbonate: vaterite, calcite, and aragonite. It exists as a powdery white substance. Numerous materials, such as chalk, marble, limestone, and seashells, naturally contain it. Depending on the amount of impurity, the material's hue might range from grey to yellow. It turns out that inorganic pigment dispersion is less expensive than organic, which is stimulating market growth.
The coatings sector is expected to hold the highest share of the market.
Based on application, the pigment dispersion is divided into plastics, inks, and coatings. Among these, the coatings sector is expected to hold the highest share of the market. The expansion of the building and construction industry, which is being propelled by the advancement of infrastructure in many nations, is anticipated to maintain the demand for coatings during the anticipated time. This is expected to contribute even more to the overall rise. Furthermore, the expanding trend of green building development is predicted to cause a substantial increase in the market for organic pigments used in coatings. Since pigment dispersion offers superior coloring and yields the necessary outcomes for printing ink manufacturers, it has grown in favor of a dye substitute in printing ink applications. In dye-based inks, the colorant is often completely dissolved in a carrier liquid.
Asia-Pacific is holds the biggest share of the global pigment dispersion market over the forecast period.
Get more details on this report -
The substantial proportion can be explained by the region's abundance of raw materials and cheap labor, which entice businesses from a variety of industries to locate their production facilities in the Asia Pacific area to maximize their profits. The coatings application sector in South Korea is expected to contribute the most to the total market growth over the forecast timeframe. China, which has become a major player in the industry, is predicted to lead the Asia Pacific market in the coming years. The simplicity of supply chain facilities and the availability of labor and raw materials enable the export of manufactured to other countries at competitive prices and in a safe way.
Europe is predicted to grow fastest pace throughout the forecast period. It is expected that factors like growing industrial facilities and advantageous macroeconomic situations in several European countries will drive pigment dispersion market expansion in the region. Furthermore, a rise in organic pigment dispersion is anticipated in the area as a result of the fast-expanding green technology trend.
Major vendors in the global peristaltic pumps market include Clariant Ltd., Decorative Color & Chemical, Inc, DyStar Singapore Pte. Ltd., Ferro Corporation, Flint Group, Heubach GmbH, Kama Pigments, Organic Dyes and Pigments, Pidilite Industries Ltd., Reitech Corporation, Sudarshan Chemical Industries Limited, Sun Chemical, Trust Chem Co., Ltd., BASF SE, and Others.
Recent Developments
- In March 2022, Fujifilm’s parent company, FUJIFILM Imaging Colorants, Inc., a well-known global partner in inkjet technology for equipment manufacturers, integrators, and ink formulators, announced today that it will invest $28 million to build a new facility in New Castle, Delaware, for the production of aqueous inkjet dispersions.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global pigment dispersion market based on the below-mentioned segments:
Global Pigment Dispersion Market, By Product
- Inorganic Pigment
- Organic Pigment
Global Pigment Dispersion Market, By Application
- Plastics
- Inks
- Coatings
Global Pigment Dispersion Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?