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Allied Market Research

Pigment Dispersion Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A07556
Pages: NA
Dec 2020 | 111 Views
 
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Pigment Dispersion Market Analysis 2020-2027:

Pigment dispersion is the process of breaking pigment agglomerates into primary particles. The process involves three steps, initial lubrication, separation, and stability. Pigment dispersion includes properties, such as light speed, thermal stability, touch strength, fine gloss, and good chemical resistance, in the pits of its application. It is a chemical used for printing inks, paints, and plastic. The need for pigment dispersion is driven by a number of factors such as increased use of packaging material for food packaging, consumer preference for heat-resistant coatings in residential construction, and increased use of automotive coatings to meet the needs of the sustainable automotive industry. Increase in demand for wood finishing paint and the growth of the construction industry accelerate the growth of the pigment dispersing market. This material is resistant to chemicals, climate change, and extreme temperatures. The most common use of pigment spreads is in decorative layers in the construction industry and inks in the printing and packaging industry. They are also used in plastic, laminates, rubber, and glass inserts.

Market scope and structure analysis:

                  Report Metric

                                             Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast unit

  Value (USD)

  Segments covered

  Type, Application, Industry Vertical

  Regions covered

North America (the U.S. and Canada), Europe (Germany, the UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), Latin America (Brazil, Mexico, and rest of LATAM), and the Middle East and Africa

  Companies covered

BASF, DIC Corporation, Cabot Corporation, Heubach GmbH, Penn Color, Pidilite, Sherwin-Williams, Chromalloy, Clariant, and Sudarshan Chemical

 

COVID-19 impact:

  • The pandemic has weakened the need for paint and assembly in automotive, construction, electrical, and white goods. 
  • There has been a global decline in construction activity, automotive manufacturing, and key market applications for pigment dispersion due to lockdown restrictions.
  • The pandemic has significantly reduced the demand for pigment dispersion in several industries. 
  • The mechanism for restoring the growth of the sector is largely dependent on the time limits set and their impact on the global economic activity. Therefore, market is still expected to grow in the near future. 

Top impacting factors: Market scenario analysis, trends, drivers, and impact analysis

Increase in demand from the construction and automotive industries:

Pigmentation is the process used in some products to give it a new color. It leads to changes in the color of light transmitted or reflected due to the shifting of the wavelength. Building & construction is the largest finishing pigment industry. The industry is growing in countries in the Asia-Pacific region such as India, China, Japan, and South Korea. Huge investment in infrastructure projects in the APAC region increases the need for paint and integration in the construction industry. 

The demand for natural clothing is increasing due to high-quality properties. On the other hand, plastic recycling regulations are a major challenge in the pigment dispersal market as plastic is one of the major pigment disposal systems. 

The market for pigments market is growing due to increase in popularity of cosmetic and food processing industries along with rise in use of plastic, paper, and paper products. Pigment dispersion has low visibility, good weather circulation, quick drying, rapid light exposure, low migration, and areas of solvent & bleaching.

Key segments covered:

                    Segments

                                Sub-segments

  Type

  • Water-based
  • Solvent-based
  • Others

  Application

  • Paints & Coatings
  • Inks
  • Plastics
  • Others (Laminates, Rubber, and Glass)

  Industry Vertical

  • Chemical & Petrochemical
  • Oil & Gas
  • Energy & Power
  • Automotive
  • Food & Beverages
  • Healthcare
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the pigment dispersion market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the pigment dispersion market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the pigment dispersion market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis based on competitive intensity and how the competition will take shape in coming years. 

Questions answered in the pigment dispersion market research report:

  • Which are the leading market players active in the market?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What are the projections for the future that would help in taking further strategic steps?
 
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