Azo Pigments Market

Azo Pigments Market: Introduction

• About 80% of the manufactured pigments are azos, those that contain the azo linkage (-N=N-). Representatives of azo dyes and pigments appear throughout the color spectrum, although most are red, orange, or yellow. They are used as pigments in printing inks (flexographic and gravure), paints (architectural, automotive, general industrial, and artists'), plastics, rubber, textiles, crayons, and colored chalks.
• Azo pigments containing one -N=N- group are called monoazo pigments, while those with two azo linkages are called disazo pigments. Pigments with three azos are called trisazo, and those with four are tetraazo compounds. In the Color Index (CI) system, azo dyes are supplied with numbers ranging from 11,000 to 39,999 in correspondence with the chemical structure, lowest being the monoazo and highest being azoic.
• Azo colors were first developed for dyeing. They were sometimes called ice colors, as ice was used during their synthesis to keep the reaction mixture cold. Azo dyes, which are prepared from primary aromatic amines such as aniline, were also known as aniline colors. Compounds from coal tar were used in the manufacture of azos; therefore, they were sometimes called coal-tar colors. Investigation of the chemical structures of these materials has led to the general term "azo" pigments.
• The global azo pigments market has been expanding due to the rising demand for azo pigments in several segments. Azo pigments are extensively used in plastics, paints & varnishes, textiles, rubbers, food, and printing inks. The market has been expanding steadily since the last few years. It is likely to maintain the momentum in the near future.

Key Drivers of Azo Pigments Market

• Azo pigments are known for their coloring abilities. Besides, they are preferred for better lightfastness – the rate at which the color fades when exposed to light. These factors are driving the global azo pigments market.
• One of the major applications of azo pigments is plastics. A large number of products today are made out of plastic. Considering the physical properties of azo pigments, their demand is high in the plastic industry. Rapid growth of the plastic market is boosting the global azo pigments market.
• Paints is another major sector where azo pigments are used extensively. Azo pigments are used in artistic paint products as well as commercial paints. The number of infrastructure projects is rapidly rising across the world. At the same time, the interest level among people to pick up art as a hobby or career has also risen. These factors are projected to drive the global azo pigments market.

Restraints of Azo Pigments Market

• Despite the potential economic advantages associated with azo pigments, there are several drawbacks that are projected to restrain the overall development of the global market. For instance, concerns over harmful environmental and health impacts of azo pigments are restraining the global azo pigments market. However, extensive research is being carried out to identify efficient effluent treatment measures.

COVID-19 Impact on Azo Pigments Market

• The COVID-19 outbreak is hampering the demand for azo pigments in many applications. Governments of various countries across the globe have enforced lockdown measures to curb the spread of the disease. This has resulted in the slowdown and halt in manufacturing operations, restrictions on supply and transport, and infrastructure slowdown. In turn, this has led to a decline in in demand for azo pigments across the globe.
• Key players operating in the azo pigments market are primarily tier I and tier II manufacturers and suppliers. Manufacture and supply chain facilities of these manufacturers have spread across various countries in Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. Many of these players have halted their production output over the last few months due to the COVID-19 pandemic. The pandemic has negatively impacted the demand and supply chain of azo pigments.

Asia Pacific to be Rapidly Expanding Region of Global Azo Pigments Market

• Geographically, Asia Pacific is expected to dominate the global azo pigments market in the next few years. China and India are major manufacturers of azo pigments; hence, they are anticipated to hold major shares of the market in the region during the forecast period. North America and Europe are estimated to continue to hold key share of the market. Growth of the infrastructure sector is likely to boost the demand for azo pigments in these regions.
• Demand for low carbon emission products is rising in North America and Europe. Governments of countries in the region have approved the usage of azo pigments in foods. This is expected to boost the market in North America and Europe.

Azo Pigments Market: Key Players

The global azo pigments market is condensed with the presence of a few players. Some of the major companies operating in azo pigments market are:

• BASF SE
• Clariant International
• Pidilite Industries Ltd
• Lanxess AG
• Synthesia a.s.
• Sincol Corporation
• Sudarshan Chemical Industries Limited
• Ferro Corporation
• DIC Corporation
• Jeco Pigment USA Inc.
• Tah Kong Chemical Industrial Corporation
• Crown Color Technology Co., Ltd
• Dimacolor Industry Group Co., Ltd
• Trust Chem Co. Ltd
• Cathay Industries
• Alliance Organics LLP
• Heubach Colour Pvt. Ltd
• Toyo Ink SC Holdings Co., Ltd
• Royal Talens B.V.
• Flint Group
• Apollo Colors Inc
• Changzhou Longyu Pigment Chemical Co., Ltd
• Wellton Chemical Co., Ltd
• Jiangsu Yabang Pigment Co., Ltd

Azo Pigments Market: Research Scope

Azo Pigments Market, by Solubility

• Oil Soluble
• Water Soluble

Azo Pigments Market, by Type

• Red Pigment
• Orange Pigment
• Yellow Pigment

Azo Pigments Market, by Application

• Plastics
• Textiles
• Printing Inks
• Food & Beverages
• Paints & Varnishes
• Rubbers
• Others (Pharmaceuticals, Cosmetics, and Leathers)

Azo Pigments Market, by Region

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia & CIS
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa