#Inorganic Pigments Market

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The Role of White Inorganic Pigments in the Evolving APAC Region: A Market Analysis by Product and Application

White inorganic pigments are a type of pigment made from inorganic materials such as titanium dioxide, zinc oxide, and barium sulphate. These pigments are used in a variety of industries, including paint, coatings, and plastics, to provide a white color or a reflective effect. They are also used in paper and ink applications, as well as in food colouring. The demand for white inorganic pigments…

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Rising demand of paints and coating owing to increase in infrastructure activities is projected to be an advantage for the global inorganic pigments...

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Inorganic Color Pigments Market Detailed Analysis of Current Industry Figures with Forecasts Growth

The global Inorganic Color Pigments Market is estimated to attain a valuation of US$ 10.1 Bn Bn by the end of 2030, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 5% during the forecast period, 2020 - 2030.

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Inorganic pigments are fully waterproof and therefore completely migration resistant.

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Printing Inks Industry Dynamics, Growth Prospect and Consumption Analysis till 2028

The global printing inks market was valued at USD 19.2 billion in 2020, with growth projected at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. This market is expected to see moderate growth over the forecast period, largely driven by demand from industries such as flexible packaging, commercial printing and publishing, and packaging labels. These sectors utilize printing inks for a wide range of applications, including product labels, advertising, and decorative packaging. The rise in demand for printed materials in packaging and changing consumer preferences are key factors that are sustaining demand for printing inks.

The properties of printing ink constituents including pigments, binders, solubilizers, and various additives allow for the precise creation of text, images, and designs. These characteristics contribute to the inks' widespread use in producing high-quality printed materials, meeting the needs of the packaging industry, commercial printers, and a growing number of consumers seeking enhanced packaging aesthetics. With advancements in ink formulations, printing inks are expected to maintain continuous demand.

Gather more insights about the market drivers, restrains and growth of the Printing Inks Market

As the printing inks market grows, consolidation among companies has become more common, especially in Western markets. Consolidation efforts, including mergers and acquisitions, aim to increase operational efficiency and create stronger relationships with suppliers and customers. This trend is partly due to limited opportunities for organic growth in mature markets, where large companies are looking to optimize resources and expand their market reach.

However, revenue growth in the printing inks market is likely to face challenges from downward pricing pressure. Due to intense competition among industry players, product prices have remained relatively stagnant, limiting revenue increases. Furthermore, strict regulatory frameworks, such as the Federal Food, Drug, and Cosmetic Act and regulations from the U.S. Food and Drug Administration (FDA), control the use of certain inorganic solvents and toxic metals in ink production. Compliance with these regulations can add to production costs, as well as limit the development and use of certain formulations, which may hinder market growth.

Printing ink manufacturers are responding by researching economical and safer alternatives for raw materials. For example, graphene, carbon, and modified celluloid are emerging as potential substitutes for traditional crude oil-based pigments and inorganic materials. Innovations in raw materials are central to reducing toxicity and costs, making it possible to meet regulatory standards while supporting sustainability goals. Additionally, advancements in printing technologies, such as inkjet and digital printing, are driving the market by allowing for faster, more efficient, and more versatile production processes, which align with the needs of modern industries.

Application Segmentation Insights:

The packaging and labels segment stands as the largest and fastest-growing application segment for printing inks, accounting for over 45% of the segment’s total revenue. This segment has experienced rapid growth over the past five years, driven by several factors, including the expanding middle class in emerging economies like India and Thailand. Changing consumer habits, such as a preference for convenient food packaging and a rise in online retailing supported by internet access, have further fueled demand for packaging solutions that rely on high-quality printing inks. Additionally, the push for biodegradable products has increased, with packaging companies seeking inks that align with sustainable practices and regulatory demands for eco-friendly packaging.

Other applications for printing inks include commercial printing and publishing, which has shown a declining trend in various regions. This decline is largely due to the rise of digitalization and the Internet of Things (IoT), which have reduced the demand for printed materials in traditional publishing. Simultaneously, growth has been observed in areas such as textile prints, ceramic printing, printed electronics, and folding cartons and corrugated cardboard within the packaging industry. These applications demonstrate varied trends based on regional markets. For instance, ceramic printing has gained significant traction in China due to the country’s robust production of ceramic tiles, while printed electronics is seeing growth in Thailand as the nation’s electronics industry expands.

In summary, the printing inks market is evolving, with growth fueled by consumer demand in packaging and driven by technological advancements in ink materials and printing processes. However, challenges from price competition and regulatory limitations continue to shape the market, directing companies toward consolidation, innovation, and the adoption of environmentally sustainable practices.

Order a free sample PDF of the Printing Inks Market Intelligence Study, published by Grand View Research.

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Printing Inks Market 2028 Revenue, Top Key Drivers by Manufacturers and Outlook

The global printing inks market was valued at USD 19.2 billion in 2020, with growth projected at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. This market is expected to see moderate growth over the forecast period, largely driven by demand from industries such as flexible packaging, commercial printing and publishing, and packaging labels. These sectors utilize printing inks for a wide range of applications, including product labels, advertising, and decorative packaging. The rise in demand for printed materials in packaging and changing consumer preferences are key factors that are sustaining demand for printing inks.

The properties of printing ink constituents including pigments, binders, solubilizers, and various additives allow for the precise creation of text, images, and designs. These characteristics contribute to the inks' widespread use in producing high-quality printed materials, meeting the needs of the packaging industry, commercial printers, and a growing number of consumers seeking enhanced packaging aesthetics. With advancements in ink formulations, printing inks are expected to maintain continuous demand.

Gather more insights about the market drivers, restrains and growth of the Printing Inks Market

As the printing inks market grows, consolidation among companies has become more common, especially in Western markets. Consolidation efforts, including mergers and acquisitions, aim to increase operational efficiency and create stronger relationships with suppliers and customers. This trend is partly due to limited opportunities for organic growth in mature markets, where large companies are looking to optimize resources and expand their market reach.

However, revenue growth in the printing inks market is likely to face challenges from downward pricing pressure. Due to intense competition among industry players, product prices have remained relatively stagnant, limiting revenue increases. Furthermore, strict regulatory frameworks, such as the Federal Food, Drug, and Cosmetic Act and regulations from the U.S. Food and Drug Administration (FDA), control the use of certain inorganic solvents and toxic metals in ink production. Compliance with these regulations can add to production costs, as well as limit the development and use of certain formulations, which may hinder market growth.

Printing ink manufacturers are responding by researching economical and safer alternatives for raw materials. For example, graphene, carbon, and modified celluloid are emerging as potential substitutes for traditional crude oil-based pigments and inorganic materials. Innovations in raw materials are central to reducing toxicity and costs, making it possible to meet regulatory standards while supporting sustainability goals. Additionally, advancements in printing technologies, such as inkjet and digital printing, are driving the market by allowing for faster, more efficient, and more versatile production processes, which align with the needs of modern industries.

Application Segmentation Insights:

The packaging and labels segment stands as the largest and fastest-growing application segment for printing inks, accounting for over 45% of the segment’s total revenue. This segment has experienced rapid growth over the past five years, driven by several factors, including the expanding middle class in emerging economies like India and Thailand. Changing consumer habits, such as a preference for convenient food packaging and a rise in online retailing supported by internet access, have further fueled demand for packaging solutions that rely on high-quality printing inks. Additionally, the push for biodegradable products has increased, with packaging companies seeking inks that align with sustainable practices and regulatory demands for eco-friendly packaging.

Other applications for printing inks include commercial printing and publishing, which has shown a declining trend in various regions. This decline is largely due to the rise of digitalization and the Internet of Things (IoT), which have reduced the demand for printed materials in traditional publishing. Simultaneously, growth has been observed in areas such as textile prints, ceramic printing, printed electronics, and folding cartons and corrugated cardboard within the packaging industry. These applications demonstrate varied trends based on regional markets. For instance, ceramic printing has gained significant traction in China due to the country’s robust production of ceramic tiles, while printed electronics is seeing growth in Thailand as the nation’s electronics industry expands.

In summary, the printing inks market is evolving, with growth fueled by consumer demand in packaging and driven by technological advancements in ink materials and printing processes. However, challenges from price competition and regulatory limitations continue to shape the market, directing companies toward consolidation, innovation, and the adoption of environmentally sustainable practices.

Order a free sample PDF of the Printing Inks Market Intelligence Study, published by Grand View Research.

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Dyes & Pigments Market Industry Outlook By Forecast Period 2024-2032

The latest study released on the Global Dyes & Pigments Market by Straits Research, Research evaluates market size, trend, and forecast to 2032. The Dyes & Pigments Market consider covers noteworthy inquire about information and proofs to be a convenient asset record for directors, investigators, industry specialists and other key people to have ready-to-access and self-analysed study to help understand market trends, growth drivers, openings and up and coming challenges and approximately the competitors.

Pigments and dyes are two types of colorants that find widespread application in the printing, textile, and automotive sectors, respectively. Dye compounds are ionizing and aromatic substances, and they have a strong attraction to the surface to which they are applied. In order to modify the color of dyes, color modifiers such as methyl and ethyl groups are frequently utilized. In addition to their usage as colorants in a wide variety of polymer and textile dyeing applications, dyes are also utilized in the field of biotechnology.

The global dyes & pigments market size was valued at USD 36.2 billion in 2021 and is projected to reach USD 58.26 billion by 2030, registering a CAGR of 5.43% from 2022 to 2030.

Some of the key players profiled in the study are:

Venator Materials PLC.

KRONOS Worldwide Inc.

The Chemours Company

HeuBach GmBH

DIC Corporation

Get Free Sample Report PDF @ https://straitsresearch.com/report/dyes-and-pigments-market/request-sample

The titled segments and sub-section of the market are illuminated below:

By Type

Dyes

Reactive

Disperse

Vat

Acid

Others

Pigments

Inorganic

Organic

By End-Use

Textiles

Leather

Paper

Paints & Coatings

Plastics

Others

Printing Inks

Paints & Coatings

Plastics

Others

Get Detailed Segmentation @ https://straitsresearch.com/report/dyes-and-pigments-market/segmentation

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report:

•To carefully analyze and forecast the size of the Dyes & Pigments Market by value and volume.

• To estimate the market shares of major segments of the Dyes & Pigments Market

• To showcase the development of the Dyes & Pigments Market in different parts of the world.

• To analyze and study micro-markets in terms of their contributions to the Dyes & Pigments Market, their prospects, and individual growth trends.

• To offer precise and useful details about factors affecting the growth of the Dyes & Pigments Market

• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Dyes & Pigments Market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Key questions answered:

• How feasible is Dyes & Pigments Market for long-term investment?

• What are influencing factors driving the demand for Dyes & Pigments Market near future?

• What is the impact analysis of various factors in the Global Dyes & Pigments Market growth?

• What are the recent trends in the regional market and how successful they are?

Buy Dyes & Pigments Market Research Report @ https://straitsresearch.com/buy-now/dyes-and-pigments-market

Region Included are: Global, North America, Europe, APAC, South America, Middle East & Africa, LATAM.

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

At long last, Dyes & Pigments Market is a important source of direction for people and companies.

Thanks for reading this article; you can also get region wise report version like Global, North America, Europe, APAC, South America, Middle East & Africa, LAMEA) and Forecasts, 2024-2032

About Straits Research

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Printing Inks Market Growth Factors, Trends and Forecast Report to 2028

The global printing inks market was valued at USD 19.2 billion in 2020, and it is projected to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. The market is expected to experience moderate growth over the forecast period, driven by several factors. Key drivers include the expansion of industries such as flexible packaging, commercial printing & publishing, and packaging labels. These sectors are major consumers of printing inks, contributing to the market's growth. The superior properties of the constituents in printing inks such as pigments, binders, solubilizers, and additives are crucial for producing text, designs, or images. Rising demand from the packaging sector, along with commercial printing and evolving consumer preferences, are expected to ensure continued demand for printing inks in the future.

The global printing inks market is moving towards significant consolidation to improve efficiency, support market growth, and strengthen leverage with suppliers and customers. This trend, especially prominent in the western market, has become a long-term strategy, as organic growth opportunities have become limited. However, the market's revenue growth is expected to be constrained by downward pricing pressure, stemming from slow product price increases due to intense competition within the industry. Additionally, stringent regulatory frameworks, such as the Federal Food, Drug, and Cosmetic Act and U.S. Food and Drug Administration guidelines, are limiting the usage, manufacturing, and distribution of various inorganic solvents and toxic metals in printing inks. This is likely to hinder market growth during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Printing Inks Market

Despite the challenges, research initiatives are focusing on developing economical and non-toxic raw materials, such as graphene, carbon, and modified celluloid, to mitigate the reliance on crude oil derivatives and inorganic pigments, which are currently key raw materials in ink production. The printing inks market is heavily influenced by advancements in technology, particularly in ink-jet and digital printing processes. Historically, printing inks were primarily used for printing publications like newspapers, magazines, and journals. However, with rapid urbanization and increasing consumer demands for digitalized solutions, the use of printing inks has expanded from commercial printing and publications to the packaging industry. In the packaging sector, printing inks are used to enhance the visual appeal of packaging materials, making them more attractive to consumers, which is a critical method for product promotion and marketing.

Flexible packaging has emerged as a preferred choice for customized packaging solutions, driven by the growing food and beverage industry. This is particularly evident in the strong growth of the snacks and confectionery categories. Additionally, increasing global food demand, fueled by population growth, is a key trend supporting the expansion of the flexible packaging industry. The rise of flexible packaging is anticipated to offer significant growth opportunities for the printing inks market.

Product Segmentation Insights:

In 2020, the lithographic printing inks segment held a substantial share of the overall market value. Lithographic printing is expected to witness strong growth during the forecast period due to its ability to deliver high-quality prints and its efficiency in large-scale printing projects. This printing process is well-suited for flat media, such as cloth, foil, paper, plastic, and flat cardboard.

Gravure printing inks are primarily used for printing photographs, and they can be applied to films, thin papers, metal foils, and paper cups. Gravure printing utilizes "liquid inks," and its flexibility makes it suitable for a wide range of applications, particularly in the food packaging, tobacco products, and cosmetics industries. These inks can be used on various substrates, including cardboards, papers, plastics, foils, and labels.

Flexographic inks, which are applied to a variety of substrates such as paper, laminates, films, foils, and corrugated boards, are expected to see strong growth during the forecast period. This growth is supported by the eco-friendly nature of flexographic inks, as well as their low costs. Moreover, the rising demand for flexible packaging and cardboard printing, in line with increasing logistics volume, is expected to boost the demand for flexographic inks in the U.S. and European countries.

Order a free sample PDF of the Printing Inks Market Intelligence Study, published by Grand View Research.

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Printing Inks Market Scope, Technological Development and Competitive Insights to 2028

The global printing inks market was valued at USD 19.2 billion in 2020, and it is projected to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. The market is expected to experience moderate growth over the forecast period, driven by several factors. Key drivers include the expansion of industries such as flexible packaging, commercial printing & publishing, and packaging labels. These sectors are major consumers of printing inks, contributing to the market's growth. The superior properties of the constituents in printing inks such as pigments, binders, solubilizers, and additives are crucial for producing text, designs, or images. Rising demand from the packaging sector, along with commercial printing and evolving consumer preferences, are expected to ensure continued demand for printing inks in the future.

The global printing inks market is moving towards significant consolidation to improve efficiency, support market growth, and strengthen leverage with suppliers and customers. This trend, especially prominent in the western market, has become a long-term strategy, as organic growth opportunities have become limited. However, the market's revenue growth is expected to be constrained by downward pricing pressure, stemming from slow product price increases due to intense competition within the industry. Additionally, stringent regulatory frameworks, such as the Federal Food, Drug, and Cosmetic Act and U.S. Food and Drug Administration guidelines, are limiting the usage, manufacturing, and distribution of various inorganic solvents and toxic metals in printing inks. This is likely to hinder market growth during the forecast period.

Gather more insights about the market drivers, restrains and growth of the Printing Inks Market

Despite the challenges, research initiatives are focusing on developing economical and non-toxic raw materials, such as graphene, carbon, and modified celluloid, to mitigate the reliance on crude oil derivatives and inorganic pigments, which are currently key raw materials in ink production. The printing inks market is heavily influenced by advancements in technology, particularly in ink-jet and digital printing processes. Historically, printing inks were primarily used for printing publications like newspapers, magazines, and journals. However, with rapid urbanization and increasing consumer demands for digitalized solutions, the use of printing inks has expanded from commercial printing and publications to the packaging industry. In the packaging sector, printing inks are used to enhance the visual appeal of packaging materials, making them more attractive to consumers, which is a critical method for product promotion and marketing.

Flexible packaging has emerged as a preferred choice for customized packaging solutions, driven by the growing food and beverage industry. This is particularly evident in the strong growth of the snacks and confectionery categories. Additionally, increasing global food demand, fueled by population growth, is a key trend supporting the expansion of the flexible packaging industry. The rise of flexible packaging is anticipated to offer significant growth opportunities for the printing inks market.

Product Segmentation Insights:

In 2020, the lithographic printing inks segment held a substantial share of the overall market value. Lithographic printing is expected to witness strong growth during the forecast period due to its ability to deliver high-quality prints and its efficiency in large-scale printing projects. This printing process is well-suited for flat media, such as cloth, foil, paper, plastic, and flat cardboard.

Gravure printing inks are primarily used for printing photographs, and they can be applied to films, thin papers, metal foils, and paper cups. Gravure printing utilizes "liquid inks," and its flexibility makes it suitable for a wide range of applications, particularly in the food packaging, tobacco products, and cosmetics industries. These inks can be used on various substrates, including cardboards, papers, plastics, foils, and labels.

Flexographic inks, which are applied to a variety of substrates such as paper, laminates, films, foils, and corrugated boards, are expected to see strong growth during the forecast period. This growth is supported by the eco-friendly nature of flexographic inks, as well as their low costs. Moreover, the rising demand for flexible packaging and cardboard printing, in line with increasing logistics volume, is expected to boost the demand for flexographic inks in the U.S. and European countries.

Order a free sample PDF of the Printing Inks Market Intelligence Study, published by Grand View Research.

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Printing Inks Market Key Vendors, Manufacturers, Suppliers and Analysis Industry Report 2028

Printing Inks Industry Overview

The global printing inks market size was valued at USD 19.2 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 2.8% from 2021 to 2028. The market is expected to witness moderate growth over the forecast period. Factors such as the growing end-use industry, including flexible packaging, commercial printing & publishing, packaging labels, have majorly driven this market.

The superior properties of the constituents such as pigments, binders, solubilizers, and additives to produce text, design, or images along with rising demand from the packaging sector, commercial printing, and changing consumer preference, these solutions are expected to have unceasing demand in the future.

Gather more insights about the market drivers, restrains and growth of the Printing Inks Market

The global printing inks market is heading toward major consolidations to increase efficiency, support growth, and achieve more leverage with suppliers and customers. Market consolidation has become a long-term trend, particularly in the western market, with limited organic growth.

However, downward pricing pressure is expected to limit the revenue growth in the printing inks market owing to the slow growth in product pricing caused by high competition within the industry. Moreover, stringent regulatory frameworks such as Federal Food, Drug, and Cosmetic Act and the U.S. Food and Drug Administration are limiting the usage, manufacturing, and distribution of various inorganic solvents and toxic metals. This, in turn, is expected to hamper the market growth over the forecast period.

Apart from crude oil derivative and inorganic pigments, which are major raw materials, the development of economical and non-toxic raw materials such as graphene, carbon, and modified celluloid is the research initiative at the forefront.  This market is strongly affected and driven by advancements in technology and processes such as ink-jet products and digital printing.

Browse through Grand View Research's Paints, Coatings & Printing Inks Industry Research Reports.

• The global fluorescent pigment market size was estimated at USD 377.0 million in 2023 and is projected to grow at a CAGR of 5.9% from 2024 to 2030.

• The global ceramic coating market size was estimated at USD 10.37 billion in 2023 and is expected to grow at a CAGR of 8.4% from 2024 to 2030.

Global Printing Inks Market Segmentation

This report forecasts revenue growth at global, regional & country levels and provides an analysis of the industry trends in each of the sub-segments from 2016 to 2028. For the purpose of this study, Grand View Research has segmented the global printing inks market on the basis of product, resin, application, and region.

Product Outlook (Revenue, USD Million, 2016 - 2028)

Gravure

Flexographic

Lithographic

Digital

Others

 Resin Outlook (Revenue, USD Million, 2016 - 2028)

Modified rosin

Modified cellulose

Acrylic

Polyurethane

Others

Application Outlook (Revenue, USD Million, 2016 - 2028)

Packaging & labels

Corrugated cardboards

Publication & Commercial Printing

Others

Regional Outlook (Revenue, USD Million, 2016 - 2028)

North America

US

Canada

Mexico

Europe

Germany

Italy

UK

Asia Pacific

China

Japan

India

Central & South America (CSA)

Brazil

Middle East & Africa

Printing Inks Market Share Insight

The global ink industry is extremely competitive owing to the presence of vertically integrated key players with technologically advanced solutions & equipment and procurement & distribution channels. The industry has witnessed a strong consolidation period in different regions which include, expansions, mergers, and acquisitions, making the industry highly competitive. Some expansion strategies include Epple Druckfarben Italia S.r.I in Milan, Italy, subsidiary of Epple Druckfarben for superior quality German offset printing inks in Italy and Kansas, U.S. plant which was an expansion strategy of Sakata Inx Corporation. Major market players include:

Flint Group

DIC Corporation

Siegwerk Druckfarben AG & Co. KGaA

Sakata Inx Corporation

T&K TOKA Corporation

Dainichiseika Color & Chemicals Mfg. Co., Ltd.

DEERS I CO., Ltd.

Epple Druckfarben AG

TOYO INK SC HOLDINGS CO., LTD.

Hubergroup

TOKYO PRINTING INK MFG CO., LTD..

Order a free sample PDF of the Printing Inks Market Intelligence Study, published by Grand View Research.

[industryinsightsandanalysis]

Pigment Dispersants Market: Current Analysis and Forecast (2022-2028)

According to a new report published by UnivDatos Markets Insights, the Pigment Dispersants Market was valued at more than USD 38 billion in 2020 and is expected to grow at a CAGR of around 4% from 2022-2028. The analysis has been segmented into Pigment Type (Organic Pigment and Inorganic Pigment); Dispersion Type (Water-based and Solvent-based); Application (Decorative Paints & Coatings, Automotive Paints & Coatings, Industrial Paints & Coatings, Plastic, and Others); and Region/Country.

The pigment dispersants market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the pigment dispersants market. The pigment dispersants market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing market growth. Furthermore, this statistical market research repository examines and estimates the pigment dispersants market at the global and regional levels.

Market Overview

Pigment dispersants are two-component structures, with the anchoring group providing strong adsorption onto the pigment surface. Polymeric chains, which are attached to the anchor group, provide stabilization. Pigment dispersants are used by manufacturers to color a wide range of materials, including paint, coatings, and plastics. Thermoset composites, inks, plastics, textiles, and decorative and industrial applications are some major factors in their uses.

The growing demand for paints and coatings in automotive, construction, and other industries in developing nations positively influences the growth of the market. For instance, according to the National Bureau of Statistics, construction output contributed 25.9% of China's GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the pigment dispersant market.

Some of the major players operating in the market include BASF SE, King Industries Inc., Dow, Ethox Chemicals LLC., Solvay S.A., The Lubrizol Corporation, Elementis plc, Kao Corporation, Palsgaard, and American Element.

COVID-19 Impact

The recent covid-19 pandemic has disrupted the world and has brought a state of shock to the global economy. The global pandemic has impacted almost every industry. Also, the companies suffered a huge downfall in revenue due to a halt in production activities and regulations forbidding social gatherings. Furthermore, disruption in raw material supply, liquidity shortage, and labor shortage. These factors affected the market growth during the pandemic.

The global pigment dispersants market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

On the basis of dispersion type, the market is categorized into water-based and solvent-based. Among these, the solvent-based category to hold a significant share of the market in 2020. This is mainly due to the wide range of applications, beneficial properties, and high consumption of these pigments. Moreover, these pigments are highly used in labels and packaging inks, in coatings for wood & metal, and in cosmetic nail lacquers which will boost their market growth during the forecast period.

Based on application, the pigment dispersants market has been classified into decorative paints & coatings, automotive paints & coatings, industrial paints & coatings, plastic, and others. The decorative paints & coatings category is to witness considerable growth during the forecast period. This is mainly due to their demand in the residential, commercial building construction, and automotive sectors.

Pigment Dispersants Market Geographical Segmentation Includes:

North America (United States, Canada, and Rest of North America)

Europe (Germany, United Kingdom, Spain, Italy, France, and the Rest of Europe)

Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific)

Rest of the World

This is mainly due to the rapidly growing middle-class population, which fuels the textile and plastic demand. The pigments and dyes market will majorly be concentrated in the Asia Pacific region, mainly due to lenient environmental laws, cheap labor costs, easy availability of low-cost raw materials, and higher market demands. Furthermore, the development of new products and the availability of market players in developing countries are also contributing to the growth of the market in the region. For instance, in 2021, AkzoNobel N.V. and Mercedes-Benz expand their partnership agreement for another 4 years. This means the company will continue to provide vehicle refinish products including automotive and specialty coatings and services in China and a preferred partner in Indonesia.

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The major players targeting the market include

Competitive Landscape

The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Pigment Dispersants Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.

Key questions resolved through this analytical market research report include:

• What are the latest trends, new patterns, and technological advancements in the pigment dispersants market?

• Which factors are influencing the pigment dispersants market over the forecast period?

• What are the global challenges, threats, and risks in the pigment dispersants market?

• Which factors are propelling and restraining the pigment dispersants market?

• What are the demanding global regions of the pigment dispersants market?

• What will be the global market size in the upcoming years?

• What are the crucial market acquisition strategies and policies applied by global companies?

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