According to a new market research report published by Global Insight Services “Organic Pigments Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Organic pigments are those that are derived from organic compounds. The most common organic pigments are those based on azo, quinacridone, phthalocyanine, and perylene structures. These pigments offer a wide range of colors, including some very bright and vibrant shades that are not possible with inorganic pigments. They are also generally very stable, lightfast, and resistant to fading.
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Key Companies
The Organic Pigments Market includes players such as BASF SE, Heubach GmbH, Clariant, Trust Chem Co. Ltd, DIC Corporation, Changzhou Longyu Pigment Chemical Co. Ltd, Ferro Corporation, Toyocolor Co. Ltd, Sudarshan Chemical Industries Limited and Synthesia AS.
Key Trends
The key trends in organic pigments technology are the development of new pigments with improved performance and the development of new methods for their synthesis.
The development of new pigments with improved performance is driven by the need for pigments that have better lightfastness, better heat stability, and better resistance to chemicals. The development of new methods for the synthesis of organic pigments is driven by the need for pigments that are less expensive to produce and that have fewer environmental impacts.
Key Drivers
The key drivers of Organic Pigments market are as follows:
1) Increasing use of organic pigments in the automotive industry: Organic pigments are extensively used in the automotive industry for painting and coating purposes. The increasing production of automobiles globally is expected to drive the demand for organic pigments over the forecast period.
2) Rising construction activities: Organic pigments are widely used in the construction industry for painting and coating applications. The rising construction activities globally are expected to drive the demand for organic pigments over the forecast period.
3) Increasing demand from the textile industry: Organic pigments are extensively used in the textile industry for dyeing and printing purposes. The increasing demand for textile products globally is expected to drive the demand for organic pigments over the forecast period.
4) Stringent environmental regulations: Stringent environmental regulations regarding the use of synthetic pigments are expected to drive the demand for organic pigments over the forecast period.
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Market Segments
The global Organic Pigments Market is segmented on the basis of type, source, end-use industry, and region. By type, the market is categorized into azo pigments, phthalocyanine pigments, high performance pigments (HPPs), and others. By source, it is bifurcated into natural organic pigments and synthetic organic pigments. By end-use industry, the market is categorized into printing inks, paints and coatings, and plastics, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.
Reasons to buy Organic Pigments Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
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- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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