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Published Date: 2016-05-11Number of Pages: 349

Pigments (Inorganic, Organic, and Specialty Pigments) Market for Paints & Coatings, Printing Inks, Plastics, Construction Materials, and Other End-users - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023

Pigments are compounds that impart colors by transmitting or reflecting absorbed light of selected wavelengths. Besides coloration properties, pigments help to improve several functional features such as hiding power, opacity, transparency, light fastness, and durability. Pigments are widely employed in various end-users industries such as paints & coatings, printing inks, plastics, construction materials, personal care, and paper. Synthetic pigments are broadly classified into three major product segments: inorganic, organic, and specialty pigments. Inorganic pigments dominated the pigments market in the recent past. In terms of volume. Asia Pacific accounted for the largest share of the pigments market in 2014, followed by North America and Europe. Asia Pacific is expected to be the largest consumer of pigments during the forecast period. 

The report estimates and forecasts the pigments market on the global, regional, and country level. The study provides forecast between 2015 and 2023 based on volume (kilo tons) and revenue (US$ Mn). The report comprises an exhaustive value chain analysis for each of the product segments, which provides a comprehensive view of the market. Value chain analysis also offers detailed information about value addition at each stage. The study includes drivers and restraints for the pigments market along with their impact on demand during the forecast period. The report analyzes opportunities in the pigments market on the global and regional level. Drivers, restraints, and opportunities mentioned in the report are justified through quantitative and qualitative data. These have been verified through primary and secondary resources. 

The report includes Porter’s Five Forces Model to determine the degree of competition in the pigments market. The report comprises a qualitative write-up on market attractiveness analysis, wherein end-users and countries have been analyzed based on attractiveness. Growth rate, market size, raw material availability, profit margin, impact strength, technology, competition, and other factors (such as environmental and legal) have been evaluated in order to derive the general attractiveness of the market. The report includes price trend analysis for inorganic, organic, and specialty pigments between 2014 and 2023. 

The study provides a comprehensive view of the pigments market by dividing it into product segments such as inorganic, organic, and specialty pigments. These product segments are further bifurcated into various sub-segments. In terms of end-users, the pigments market has been segmented into paints & coatings, printing inks, plastics, construction materials, and others. Product segments and end-user segments have been analyzed based on historic, present, and future trends, and the market has been estimated between 2015 and 2023 in terms of volume (kilo tons) and revenue (US$ Mn). 

Regional segmentation includes the current and forecast demand for pigments in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). Additionally, the report comprises country-level analysis in terms of volume and revenue for application segments. Key countries such as the U.S., Germany, Italy, the U.K., France, Spain, China, India, Brazil, and South Africa have been included in the study. Market segmentation includes demand for individual applications in all the regions and countries. 

The report covers detailed competitive outlook that includes market share and profiles of key players operating in the global market. Key players profiled in the report include The Chemours Company, Huntsman Corporation, BASF SE, Lanxess AG, Clariant AG, Altana AG, and DIC Corporation. Company profiles include attributes such as company overview, number of employees, brand overview, key competitors, business overview, business strategies, recent/key developments, acquisitions, and financial overview. 

Secondary research sources that were typically referred to include, but were not limited to company websites, financial reports, annual reports, investor presentations, broker reports, and SEC filings. Other sources such as internal and external proprietary databases, statistical databases and market reports, news articles, national government documents, and webcasts specific to companies operating in the market have also been referred for the report. 

In-depth interviews and discussions with a wide range of key opinion leaders and industry participants were conducted to compile this research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. This helped in validating and strengthening secondary research findings. Primary research further helped in developing the analysis team’s expertise and market understanding. 

The pigments market has been divided into the following segments.

Pigments Market – Product Segment Analysis

  • Inorganic Pigments
    • Titanium Dioxide
    • Iron Oxide
    • Cadmium Pigments
    • Carbon Black
    • Chromium Compounds
    • Others (Including bismuth vanadium, etc.
  • Organic Pigments
    • Azo
    • Phthalocyanine
    • Quinacridone
    • Others (Including quinophthalone, etc.)
  • Specialty Pigments
    • Classic Organic
    • Metallic
    • High Performance Organic
    • Light Interference
    • Complex Inorganic
    • Fluorescent
    • Luminescent/phosphorescent
    • Thermochromic 

Pigments Market – End-user Analysis

  • Paints & Coatings
  • Printing Inks
  • Plastics
  • Construction Materials
  • Others (Including personal care, paper, etc.)

Table of Contents

Chapter 1 Preface

  • Report Description
  • Research Scope
  • Assumptions
  • Market Segmentation
  • Research Methodology

Chapter 2 Executive Summary

  • Global Pigments Market, 2014–2023, (Kilo Tons) (US$ Mn)
  • Pigments: Market Snapshot 

Chapter 3 Pigments Market – Industry Analysis

  • Introduction
  • Value Chain Analysis
  • Inorganic Pigments
  • Organic Pigments
  • Specialty Pigments
  • Market Dynamics
  • Drivers
  • Driver 1 – Increasing Consumption of Paints & Coatings in Major End-user Segments
  • Driver 2 – Augmented Production and Consumption of Plastics
  • Restraints
  • Restraint 1 – Stringent Environmental and Health Regulations Associated with Pigments Industry
  • Opportunity
  • Opportunity 1 – Emergence of Nanotechnology in Pigment Development Process
  • Porter’s Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Threat of Substitutes
  • Degree of Competition
  • Pigments: Market Attractiveness Analysis
  • Market Attractiveness Analysis, by Inorganic Pigments
  • Market Attractiveness Analysis, by Organic Pigments
  • Market Attractiveness Analysis, by Specialty Pigments
  • Market Attractiveness Analysis, by End-user
  • Company Market Share – Global Inorganic Pigments Market (%) (2014)
  • Company Market Share – Global Organic Pigments Market (%) (2014)
  • Company Market Share – Global Specialty Pigments Market (%) (2014)

Chapter 4 Raw Material and Price Trend Analysis

  • Raw Material Analysis – Manufacturing/Extraction Process
  • Pigments Price Trends, 2014–2023 (US$/Ton)

Chapter 5 Global Pigments Market – Product Segment Analysis

  • Global Inorganic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Titanium Dioxide Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Iron Oxide Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Cadmium Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Carbon Black Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Chromium Compounds Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Other Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Organic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Azo Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Phthalocyanine Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Quinacridone Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Others Organic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Specialty Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Classic Organic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Metallic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global High Performance Organic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Light Interference Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Complex Inorganic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Fluorescent Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Luminescent/Phosphorescent Inorganic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Thermochromic Pigments Market, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)

Chapter 6 Market Segmentation – End-user Analysis

  • Global Pigments Market – End-user Analysis
  • Global Pigments Market for Paints & Coatings, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Pigments Market for Printing Inks, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Pigments Market for Plastics, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Pigments Market for Construction Materials, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Global Pigments Market for Other Applications, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)

Chapter 7 Market Segmentation – Regional Analysis

  • Global Pigments Market Snapshot
  • North America Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • North America Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • North America Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • North America Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • North America Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.S. Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.S. Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.S. Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.S. Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.S. Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of North America Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Europe Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Europe Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Europe Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Europe Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Europe Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Germany Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Germany Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Germany Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Germany Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Germany Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • France Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • France Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • France Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • France Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • France Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.K. Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.K. Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.K. Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.K. Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • U.K. Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Italy Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Italy Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Italy Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Italy Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Italy Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Spain Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Spain Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Spain Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Spain Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Spain Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Europe Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Asia Pacific Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • China Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • China Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • China Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • China Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • China Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • India Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • India Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • India Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • India Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • India Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • ASEAN Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • ASEAN Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • ASEAN Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • ASEAN Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • ASEAN Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Asia Pacific Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Latin America Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Latin America Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Latin America Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Latin America Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Latin America Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Brazil Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Brazil Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Brazil Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Brazil Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Brazil Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Latin America Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Middle East & Africa Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • GCC Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • GCC Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • GCC Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • GCC Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • GCC Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • South Africa Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • South Africa Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • South Africa Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • South Africa Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • South Africa Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Inorganic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Organic Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Specialty Pigments Market – Product Segment Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)
  • Rest of Middle East & Africa Pigments Market – End-user Analysis, Volume & Revenue, 2014–2023, (Kilo Tons) (US$ Mn)

Chapter 8 Company Profiles

  • Altana AG 
  • BASF SE 
  • Carl Schlenk AG
  • Cathay Industries Group
  • Clariant AG
  • CRISTAL
  • DIC Corporation
  • Ferro Corporation
  • Huntsman Corporation
  • ISHIHARA SANGYO KAISHA, LTD. (The ISK Group)
  • Lanxess AG
  • Meghmani Group of Industries
  • Merck Group
  • Pidilite Industries Limited
  • Sudarshan Chemical Industries Limited
  • The Chemours Company
  • The Shepherd Color Company 
  • Tokan Material Technology Co., Ltd (TOMATEC)
  • Tronox Limited

Chapter 9 Primary Research – Key Findings

Chapter 10 List of Key Customers

 

Pigments are organic or inorganic compounds, which can impart a wide range of colors to various substrates. Pigments can offer versatile range of colors in paints and coatings, plastics, inks, etc., while improving aesthetic properties. These help to enhance various properties such as opacity, hiding power, light and weather fastness, heat stability, and tinting strength. Pigments are mostly insoluble in common solvents and remains physically and chemically unaffected after application on different substrates. These absorb light of selective wavelengths to produce vibrant colors via reflection or transmission. 

Synthetic pigments can be broadly classified into three groups: inorganic, organic, and specialty. Inorganic pigments such as titanium dioxide, iron oxide, carbon black, cadmium, and chromium can be extracted from mineral and petrochemical sources. Most commonly used organic pigments include azo compounds, quinacridone, and phthalocyanine. Organic pigments offer excellent fastness and durability along with imparting bright colors such as blue, green, yellow, red, and orange. Organic pigments can be extracted from organic compounds such as succinic acid, aniline, and phthalonitrile. Specialty pigments such as metallic, high performance organic, fluorescent, phosphorescent, and luminescent offer vibrant color intensity, glossy effects, and durability.

Growth in the paints & coatings industry is driving demand for pigments. The architectural paints & coatings market has grown considerably owing to rising infrastructural development and construction activities in emerging economies. Furthermore, growth in the automotive and consumer goods sectors has boosted the market for decorative paints & coatings. Moreover, rising disposable income and economic progress in developing countries have led to increased production and consumption of plastics due to mounting demand in numerous end-user industries. This, in turn, is projected to fuel demand for pigments in the plastics industry during the forecast period. However, unregulated usage of few organic and inorganic pigments can induce serious environmental and health risks. Therefore, enactment of stringent rules regarding usage of pigments is anticipated to hinder market growth during the forecast period. Advent of nanotechnology is projected to create lucrative opportunities in the pigments market in the next few years.

Paints & coatings was the largest end-user segment of the pigments market in 2014. Rapid urbanization and economic progress in developing countries have propelled the construction industry in the recent past. On the other hand, the automotive industry has witnessed promising trends in emerging economies in the past few years. Consequently, growth in the decorative and architectural paints and coatings industries has fueled demand for pigments in the past couple of years. Plastics end-user segment of the pigments is estimated to grow at a significant rate in the next few years owing to increased consumption in various applications such as packaging, health care, building & construction, and automotive. Consequently, steady growth in the plastics industry is likely to propel demand for pigments in the next couple of years. Specialty pigments is anticipated to exhibit the fastest growth rate during the forecast period owing to rising demand for high performance pigments with excellent aesthetic features in various end-user industries.

In terms of volume, Asia Pacific dominated the global pigments market in 2014. The pigments market in Asia Pacific is anticipated to exhibit the fastest growth rate during the forecast period. Increasing population and rising per capita income in developing countries in Asia Pacific have generated significant demand for paints and coatings in the building & construction and automotive industries. On the other hand, Asia Pacific is expected to be the major producer of plastics during the forecast period. This, in turn, is projected to generate significant demand for pigments in the paints & coatings and plastics industries in Asia Pacific. Europe accounted for the second-largest share of the global pigments market in 2014. Middle East & Africa and Latin America are estimated to be the emerging market for pigments, exhibiting promising growth rate during the forecast period.

Key manufacturers of pigments include The Chemours Company, Huntsman Corporation, BASF SE, Lanxess AG, Clariant AG, Altana AG, and DIC Corporation.

 

pigments-2016-market

 


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