A pigment is a substance which is added to something else to give it a new color. It results in changing the color of transmitted or reflected light as a result of wavelength selection absorption. Pigments are generated from various sources such as animals, plants, rocks, minerals and the ground itself. It can be human-made as well. Dispersion refers to a mixture whereby fine particles of a substance are scattered all through another substance. Pigment dispersion is the suspension of insoluble solid particles either in water or an organic solvent. Pigment dispersions determine the end properties of paints, pigment inks and lacquers. Some of the main features proffered by pigment dispersions are that it restrains discoloration, chemical attacks, harsh weather and temperature. Pigment dispersions mainly find their applications in automobiles, chemical and construction industries.
MARKET DYNAMICS
An upsurge in demand for paints and coatings, together with booming construction industries drives the growth of the pigment dispersions market. Increase in the need for wood finish paints is also a factor driving the growth of the pigment dispersions market. However, the implementation of strict government regulations on the use of toxic organic chemicals used in the production of pigment dispersions have restricted the fruitful development of the market. Merger and acquisitions among the manufacturers and suppliers of automotive coupled with increasing automobile production are factors anticipated to fuel the growth of the pigment dispersions market in the near future.
MARKET SCOPE
The "Global Pigment Dispersions Market Analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pigment dispersions market with detailed market segmentation by pigment type, dispersion type, application, end use industry and geography. The global pigment dispersions market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pigment dispersions players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pigment dispersions market is segmented on the basis of dispersion type, pigment type, application, end use industry and geography. On the basis of dispersion type the market classify into water-based and solvent-based. On the basis of pigment type the market is broken into organic, inorganic and others. As per application, the market is bifurcated into paints & coatings, inks, plastics and others. As per end use industry the market is classified into building & construction, automotive, packaging, paper & printing, textile and 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 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 pigment dispersions 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 pigment dispersions 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 pigment dispersions market in these regions.
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MARKET PLAYERSThe reports cover key developments in the pigment dispersions 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 pigment dispersions market are anticipated to lucrative growth opportunities in the future with the rising demand for pigment dispersions in the global market. Below mentioned is the list of few companies engaged in the pigment dispersions market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pigment dispersions 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
-Cabot Corporation
-Chromaflo Technologies Corp.
-Chromatech Inc.
-Clariant AG
-DIC Corporation
-Heubach GmbH
-Penn Color
-Pidilite Industries
-Sudarshan Chemical Industries Ltd.
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