The Pigment Dispersions Market is projected to grow from USD 42.2 billion in 2019 to USD 54.3 billion by 2024, at a CAGR of 5.2%.
Browse 84 market data Tables and 40 Figures spread through 142 Pages and in-depth TOC on "Pigment Dispersions Market".
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Based on application, the paints & coatings segment is projected to lead the overall pigment dispersions market during the forecast period.
The paints & coatings application is projected to lead the overall pigment dispersions market. Decorative coating is the largest and fastest-growing consumer of pigment dispersions in the paints & coatings application segment. The demand for decorative coatings is estimated to increase soon, owing to the increasing demand for paints & coatings in residential, commercial, and industrial construction. Pigment dispersions have low viscosity, quick drying, good weather fastness, good lightfastness, low migration, and solvent & bleeding fastness properties.
Based on region, APAC is estimated to lead the pigment dispersions market in 2019.
APAC is estimated to be the largest pigment dispersions market owing to the high consumption in paints & coatings applications. Growing population, increasing disposable incomes, urbanization, and changing lifestyles are driving the pigment dispersions market. China, India, Japan, Indonesia, and South Korea are some of the key pigment dispersions markets in the region. Recent infrastructure developments and industrialization activities in the emerging countries have opened new avenues and opportunities for pigment dispersions manufacturers.
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Critical questions the report answers:
• Are there any upcoming hot bets for the pigment dispersions market?
• How are the market dynamics in the different applications of pigment dispersions?
• What are the upcoming opportunities for the different types of pigment dispersions in emerging economies?
• What are the significant trends in end-use industries that are influencing the pigment dispersions market?
• Who are the major manufacturers of pigment dispersions?
• What are the factors governing the pigment dispersions market in each of the regions?
The key players profiled in this report include Clariant (Switzerland), BASF (Germany), DIC Corporation (Japan), Sudarshan Chemical (India), Chromaflo (US), Cabot Corporation (US), Heubach GmbH (Germany), Penn Color (US), Pidilite (India), and Sherwin-Williams (US).
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