MARKET OVERVIEW
The plastic pigment market is growing due to the increasing demand for plastic products in various industries, such as packaging, construction, automotive, consumer goods, etc. The trend towards eco-friendly products has led to a rise in demand for eco-friendly pigments, while the demand for high-performance pigments that offer improved color fastness, weather resistance, and UV protection is on the rise, particularly in industries like automotive and construction. The expansion of the packaging industry, especially in emerging economies, is also driving the demand for plastic pigments. New and advanced technologies have enabled manufacturers to produce pigments with improved properties, such as enhanced color stability and heat resistance, further contributing to the market's growth.
MARKET DYNAMICS
The growth of the plastic pigments market is attributed to high demands from the automotive industry coupled with rapid industrialization in emerging economies. Moreover, increasing demands for high-performance pigments and the growing significance of packaging aesthetics further fuel the growth of the plastic pigment market. However, stringent environmental regulations and volatile raw material prices may hamper the growth of the plastic pigment market. Nonetheless, the plastic pigment market is likely to showcase growth opportunities for the major players with technological advancements in the field.
MARKET SCOPE
The "Global Plastic 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 plastic pigment market with detailed market segmentation by type, end-use industry, and geography. The global plastic pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic pigment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global plastic pigment market is segmented into type and end-use industry. Based on type, the market is segmented into inorganic pigments and organic pigments. The inorganic pigments are further sub-segmented as titanium dioxide, iron oxide pigments, carbon black, chromium oxide, and cadmium pigments. On the other hand, organic pigments are further classified as phthalocyanine, high-performance, and others. Based on the end-use industry, the market is segmented as packaging, building & construction, consumer goods, automotive, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global plastic 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 & Central America. The plastic 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 plastic 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 & Central America after evaluating political, economic, social and technological factors affecting the plastic pigment market in these regions.
MARKET PLAYERS
The reports cover key developments in the plastic 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 the way for the expansion of business and customer base of market players. The market payers from the plastic pigment market are anticipated to lucrative growth opportunities in the future with the rising demand for the plastic pigment in the global market. Below mentioned is the list of few companies engaged in the plastic pigment market.
The report also includes the profiles of key plastic pigment companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information for the last three years, and key developments in the past five years.
BASF SE
Cabot Corporation
Clariant Ltd.
DIC Corporation
Ferro Corporation
Heubach GmbH
LANXESS AG
Sudarshan Chemical Industries Limited
The Chemours Company
Tronox Holdings plc