A pigment is a group of substances that has a vibrant color and used to transfer color to other material. Pigment helps in improving the efficiency of the product like increasing the opacity, hiding power, light and weather fastness, heat stability, etc. when this colored material is made of an organic compound with pigment properties then it is known as organic pigment. The most popular type of natural pigment is lake pigments, phthalocyanine pigments, and quinacridone pigments. It is mainly of two kinds, carbon chains, and carbon rings. It is applied in various purposes such as printing inks, paints & coatings, plastics products, etc.
MARKET DYNAMICS
The global organic pigment market is growing at a significant pace owing to driving factors such as increasing demand for the organic pigment in the packaging industry for developing a better outlook of the packages. Furthermore, increasing initiatives positive approach by the government for using printing ink in food contact material is also likely to drive the demand for organic pigment in the coming years. However, the high cost of organic material as compared to inorganic material may hinder the growth of organic pigment market. Likewise, due to the increase of demand from the cosmetic industry, there is a continuous development of high-value organic pigments, which in turn may provide a lucrative opportunity for the market players in the near future.
MARKET SCOPE
The "Global Organic Pigment Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the organic pigment market with detailed market segmentation by material, type, end-user industry, and geography. The global organic pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading organic pigment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global organic pigment market is segmented on the basis of type and applications. On the basis of type, the organic pigment market is segmented into, azo pigments, phthalocyanine pigments, high performance pigments, others. On the basis of applications, the market is bifurcated into, printing inks, paints & coatings, plastics, others.
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REGIONAL FRAMEWORKThe report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global organic pigment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The organic pigment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the organic pigment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the organic pigment market in these regions.
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MARKET PLAYERSThe reports cover key developments in the organic pigment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from organic pigment market are anticipated to lucrative growth opportunities in the future with the rising demand for organic pigment in the global market. Below mentioned is the list of few companies engaged in the organic pigment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the organic pigment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Basf Se Corporation
-Clariant Ag
-Dainichiseika Color & Chemicals Mfg. Co. Ltd.
-Dic Corporation
-Dominion Colour Corporation
-Ferro Corporation
-Heubach Gmbh
-Sudarshan Chemical Industries Ltd.
-Toyocolor Co. Ltd.
-Trust Chem Co. Ltd.
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