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PIGMENTS MARKET ANALYSIS

Pigments Market, By Pigment Type (Organic and Inorganic), By Application (Paints & Coatings, Printing Inks, Plastics, Construction Materials, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Market Concentration and Competitive Landscape

Pigments Market Concentration By Players

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Surging Demand from Plastics Industry

The plastics industry has emerged as one of the major end-use sectors globally driving the growth of the pigments market. Plastic materials have extensively replaced traditional materials in myriad applications due to their advantageous properties such as low cost, lightweight, durability, resistance to moisture and chemicals. Pigments play a pivotal role in plastic formulations by adding visual appeal and mechanical properties. They help impart color to clear plastic resins and compounds, provide UV stability, reduce gloss, enhance opacity, and also act as reinforcements in some cases. The plastic products industry has been witnessing tremendous expansion fueled by the burgeoning demand from consumer goods, automotive, packaging, construction, and other industries. Rise in the single-use plastic production as well as growing consumption of specialty plastics have augmented the consumption of pigments.

Key Players Insights
  • BASF SE
  • Clariant International Limited
  • DIC Corporation
  • Huntsman International LLC
  • Tronox, Inc
  • Rockwood Holdings, Inc.
  • Lanxess AG
  • Atlanta AG
  • Ferro Corporation
  • Merck
  • Pidilite Industries Ltd.
  • Toyocolor Co. Ltd.
  • Sensient Technologies Corporation
  • Trust Chem Co. Ltd.
  • Vipul Organics Ltd.
  • Qualitron Chemicals
  • Colors India
  • Navpad Pigments
  • Pure Chemicals
  • Sparkem

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