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Coronavirus Market Reports News

Impact of COVID-19 on Pigments Market : Implications on Business

Key Highlights of Global Pigments Market

  • The global pigments market was valued at US$ 30.35 Bn in 2018 and is anticipated to expand at a CAGR of 4.6% during the forecast period
  • The global pigments market is driven by rise in the demand for paints and coatings.
  • Asia Pacific accounts for a major share of the global pigments market, due to increase in the demand for paints and coatings in the region.
pr global pigments market

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Key Drivers of Global Pigments Market

  • Paints and coatings are used to decorate and protect objects that they cover. Paints and coatings are employed in various end-user industries such as aerospace, automotive, architectural & refinishing, and building & construction.
  • Pigments used in paints and coatings offer key attributes such as color strength, coverage, durability, chemical inertness, light and weather fastness, and good environmental performance. Pigments have anticorrosive properties that make them suitable for use in direct-to-metal, automotive, and industrial coatings.
  • Rise in population coupled with increase in per capita income has boosted the consumption of paints and coatings in building & construction, automotive, and consumer goods industries over the last few years. This, in turn, generated considerable demand for pigments in the paints & coatings segment, making it the leading end-user segment in 2018.

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Surge in production and consumption of plastics across the globe to offer attractive growth opportunities

  • Plastics is one of the major consumers of pigments. Pigments form an integral part of the plastics industry. Pigments impart unique appearance and styling effect to plastic products. Pigments are employed as colorants in a wide range of plastics, owing to their excellent compatibility with several types of plastics.
  • Besides coloring effect and improved aesthetics, pigments increase the stability of plastics and improve resistance of plastics to climatic conditions such as heat and moisture. Thus, rise in the production of plastics plays a key role in driving the demand for pigments.
  • Consumption of plastics has increased substantially in both developed and developing countries over the last few years. Factors such as economic growth, rise in disposable income, and rapid urbanization in developing countries such as China, India, Brazil, and South Africa are projected to drive the demand for plastics during the forecast period.
  • Asia Pacific has been a leading consumer of plastics over the last few years. Consumption of plastics is estimated to increase also in developing countries of Latin America and Middle East & Africa in the next few years. Thus, increase in plastics production is likely to drive the market for pigments during the forecast period.

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High degree of competition among established players  

  • A large number of small- and large-scale manufacturers operate in the global pigments market. These companies offer different types of pigments for various applications.
  • Key players profiled in the report on the global pigments market are The Chemours Company, CRISTAL, Tronox Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Gharda Chemicals Limited, Sudarshan Chemical Industries Limited, and Altana AG.
  • A large number of pigment products are available for different end-user industries. Market players are adopting strategies such as pricing and product improvement to increase their profit margins and strengthen their market position.

Global Pigments Market: Research Scope

Global Pigments Market, by Product

  • Inorganic Pigments
    • Titanium Dioxide
    • Iron Oxide
    • Carbon Black
    • Chromium Compounds
    • Others
  • Organic Pigments
    • Azo
    • Phthalocyanine
    • Quinacridone
    • Others
  • Specialty Pigments
    • Classic Organic
    • Metallic
    • High-performance Organic
    • Light Interference
    • Complex Inorganic
    • Fluorescent
    • Luminescent/phosphorescent
    • Thermochromic
    • Others

Global Pigments Market, by End User

  • Paints & Coatings
  • Printing Inks
  • Plastics
  • Construction Materials
  • Others

About Us:

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Coronavirus COVID-19 Industry Impact Market Reports

Latest TMR Report Explores Impact of COVID-19 Outbreak on Pigments Market

Key Highlights of Global Pigments Market

  • The global pigments market was valued at US$ 30.35 Bn in 2018 and is anticipated to expand at a CAGR of 4.6% during the forecast period
  • The global pigments market is driven by rise in the demand for paints and coatings.
  • Asia Pacific accounts for a major share of the global pigments market, due to increase in the demand for paints and coatings in the region.
pr global pigments market

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Key Drivers of Global Pigments Market

  • Paints and coatings are used to decorate and protect objects that they cover. Paints and coatings are employed in various end-user industries such as aerospace, automotive, architectural & refinishing, and building & construction.
  • Pigments used in paints and coatings offer key attributes such as color strength, coverage, durability, chemical inertness, light and weather fastness, and good environmental performance. Pigments have anticorrosive properties that make them suitable for use in direct-to-metal, automotive, and industrial coatings.
  • Rise in population coupled with increase in per capita income has boosted the consumption of paints and coatings in building & construction, automotive, and consumer goods industries over the last few years. This, in turn, generated considerable demand for pigments in the paints & coatings segment, making it the leading end-user segment in 2018.

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Stringent environmental and health-related regulations associated with pigments to hamper pigments market

  • The pigments market is highly influenced by strict government monitoring and health-related regulations. These hamper the pigments market. Pigments contain heavy metals, which makes them pose a threat for human health and the environment.
  • Growth of the pigments market, especially the inorganic segment, can be hampered by environmental effects and toxicity associated with heavy metals used in metal oxides, mixed metal oxides, and metallic pigments.
  • Heavy metals include lead, chromium, cadmium, and mercury. Human exposure to these metals can cause cancer or liver diseases. Disposal of heavy metals during the pigment production leads to pollution. Prolonged exposure of skilled labor to heavy metals can cause severe occupational hazards.

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Asia Pacific Dominates Global Pigments Market

  • Among regions, Asia Pacific held a major i.e. 45% share of the global pigments market in 2018 and its share is anticipated to increase during the forecast period, owing to increase in the demand for pigments from China, India, and Japan. Asia Pacific is followed by Europe.
  • Demand for pigments in Europe is increasing and manufacturers are likely to witness lucrative opportunities in the Europe market, due to increase in construction activities and automotive production in the region. North America witnesses significant demand for pigments.
  • The U.S. is considered a highly mature market for pigments in the region. Growing plastics packaging industry, increasing plastics production, and the trend of digital printing are expected to boost the demand for printing inks in North America during the forecast period.
  • Demand for pigments in Latin America and Middle East & Africa is rising. Several manufacturers are striving to expand their business in these regions to cater to the rising demand for paints, automotive refinishes, protective coatings, printing inks, etc. in these regions.

High degree of competition among established players  

  • A large number of small- and large-scale manufacturers operate in the global pigments market. These companies offer different types of pigments for various applications.
  • Key players profiled in the report on the global pigments market are The Chemours Company, CRISTAL, Tronox Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Gharda Chemicals Limited, Sudarshan Chemical Industries Limited, and Altana AG.
  • A large number of pigment products are available for different end-user industries. Market players are adopting strategies such as pricing and product improvement to increase their profit margins and strengthen their market position.

Global Pigments Market: Research Scope

Global Pigments Market, by Product

  • Inorganic Pigments
    • Titanium Dioxide
    • Iron Oxide
    • Carbon Black
    • Chromium Compounds
    • Others
  • Organic Pigments
    • Azo
    • Phthalocyanine
    • Quinacridone
    • Others
  • Specialty Pigments
    • Classic Organic
    • Metallic
    • High-performance Organic
    • Light Interference
    • Complex Inorganic
    • Fluorescent
    • Luminescent/phosphorescent
    • Thermochromic
    • Others

Global Pigments Market, by End User

  • Paints & Coatings
  • Printing Inks
  • Plastics
  • Construction Materials
  • Others

About Us :

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

 

Categories
Coronavirus Market Reports News

Covid-19 Impact On Pigments Market 2020: Global Industry Overview By Top Key Players Analysis And Growth Factors Up To 2025|Ferrotec, KELK, Laird, II-VI Marlow


width=401Pigments Market 2020: Latest Analysis 

Chicago, United States:- The Pigments market report 5 Years Forecast [2020-2025] focuses on the COVID19 Outbreak Impact analysis of key points influencing the growth of the market. The research report on the Pigments Market is a deep analysis of the market. This is a latest report, covering the current COVID-19 impact on the Pigments market. The pandemic of Coronavirus (COVID-19) has affected every aspect of life globally. This has brought along several changes in market conditions. The rapidly changing market scenario and initial and future assessment of the impact is covered in the report. Experts have studied the historical data and compared it with the changing market situations. The report covers all the necessary information required by new entrants as well as the existing players to gain deeper insight.

Furthermore, the statistical survey in the report focuses on product specifications, costs, production capacities, marketing channels, and market players. Upstream raw materials, downstream demand analysis, and a list of end-user industries have been studied systematically, along with the suppliers in this market. The product flow and distribution channel have also been presented in this research report.

Top Players of Pigments Market are studied:

Ferrotec
KELK
Laird
II-VI Marlow
RMT
Tellurex
Thermion
TE Technology

 

>>> Get Free Sample PDF (including COVID19 Impact Analysis, full TOC, Tables and Figures) of Pigments Market:

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What Our Report Offers:

  • Market share valuations of the segments on country and global level
  • Share analysis of the major market players
  • Opportunities for new market entrants
  • Market forecast for a minimum of 6 years for all the segments, sub-segments in various countries and regions
  • Market Trends (drivers, restraints, opportunities, threats, challenges, investment opportunities, and approvals)
  • Strategic endorsements in key business segments on the basis of market valuations
  • Competitive scenario mapping the key development patterns.
  • Company profiling with comprehensive strategies, financial details, and recent progressions.
  • Supply chain trends representing the latest technological advancements.

Note: Covid-19 pandemic affects most industries in the globe. Here at acquire market research we offer you comprehensive data of related industry which will help and support your business in all possible ways.Due to the pandemic of COVID-19 businesses have seen a decrease in their profits. While our intention is to help businesses regain their profits we also provide information regarding the COVID-19 virus to help our customers stay safe during the pandemic

Pigments Segmentation by Product

Organic Pigments
Inorganic Pigments
Specialty Pigments

Pigments Segmentation by Application

Paints And Coatings
Plastics
Printing Inks

The report on Pigments market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, industrial chain, etc. In this study, 2019 has been considered as the base year and 2020 to 2026 as the forecast period to estimate the market size for Pigments.

Benefits of Buying this Market Research Report:

  1. Analyst advocacy: Get correct answers of your queries from our analyst’s team of experts before and after purchasing the report.
  2. Meet Customer’s Requirements: Our expert team will assist with all your research requirements and customize the report.
  3. Unique Expertise: We centre around the quality standards and reliability of the report.
  4. One of a kind Expertise: Experts will give splendid bits of knowledge about the report.

Our exploration specialists acutely ascertain the significant aspects of the global Pigments market report. It also provides an in-depth valuation in regards to the future advancements relying on the past data and present circumstance of Pigments market situation. In this Pigments report, we have investigated the principals, players in the market, geological regions, product type, and market end-client applications. The global Pigments report comprises of primary and secondary data which is exemplified in the form of pie outlines, Pigments tables, analytical figures, and reference diagrams. The Pigments report is presented in an efficient way that involves basic dialect, basic Pigments outline, agreements, and certain facts as per solace and comprehension.

Table of Contents.

Report Overview: It includes major players of the global keyword market covered in the research study, research scope, and market segments by type, market segments by application, years considered for the research study, and objectives of the report.

Global Growth Trends: This section focuses on industry trends where market drivers and top market trends are shed light upon. It also provides growth rates of key producers operating in the global keyword market. Furthermore, it offers production and capacity analysis where marketing pricing trends, capacity, production, and production value of the global keyword market are discussed.

Market Share by Manufacturers: Here, the report provides details about revenue by manufacturers, production and capacity by manufacturers, price by manufacturers, expansion plans, mergers and acquisitions, and products, market entry dates, distribution, and market areas of key manufacturers.

Market Size by Type: This section concentrates on product type segments where production value market share, price, and production market share by product type are discussed.

Market Size by Application: Besides an overview of the global keyword market by application, it gives a study on the consumption in the global keyword market by application.

Production by Region: Here, the production value growth rate, production growth rate, import and export, and key players of each regional market are provided.

Consumption by Region: This section provides information on the consumption in each regional market studied in the report. The consumption is discussed on the basis of country, application, and product type.

Company Profiles: Almost all leading players of the global keyword market are profiled in this section. The analysts have provided information about their recent developments in the global keyword market, products, revenue, production, business, and company.

Market Forecast by Production: The production and production value forecasts included in this section are for the global keyword market as well as for key regional markets.

Market Forecast by Consumption: The consumption and consumption value forecasts included in this section are for the global keyword market as well as for key regional markets.

Value Chain and Sales Analysis: It deeply analyzes customers, distributors, sales channels, and value chain of the global keyword market.

Key Findings: This section gives a quick look at the important findings of the research study.

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