Demand of arylamide pigments are anticipated to witness a CAGR of 3.5% to 4.5% over the coming assessment period of 2021 to 2031. The growing demand of pigments in paints and coatings industries, paper industry, textile and plastic industry and for manufacturing of inks are expected to boost the sales of arylamides in the coming years.
Arylamide yellow is further estimated to remain a key type of arylamide and is expected to grow with a considerable growth rate during the forecast period.
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What is Propelling Demand for Arylamide Pigments?
With the growing demand of pigments in various end use industries like paints and coatings, inks manufacturing, plastic and textiles, paper and pulp and others are expected to boost the sales of this category of pigments as this category provides a wide range of colors with a wide range of shades. The growing demand of various colors of inks all over the globe is boosting the consumption of pigments including the arylamide category.
Significantly growing textile industry is increasing the requirement of pigments owing to the demand for high fashion apparel. Furthermore the growing demand of toys especially colorful plastic toys are also estimated to increase the consumption rate of the arylamide pigments over the forecast period.
Paints and Coatings industry expected to drive the consumption of Arylamide Pigments
The growing consumption of paints and coatings in buildings, construction and in infrastructure are expected to increase the demand for the pigments in the coming years. The growing demand of water repellent paints to protect the wall surfaces of a building are also benefiting the arylamide category as these pigments are used in color formulation for these paints that have the property to repel water.
The growing demand of acid resistant, solvent resistant and corrosion resistant coatings in various manufacturing industries are also increasing the demand of arylamide pigments, as this pigment is resistive to corrosion.
US and Canada Arylamide Pigments Market Outlook
The significant growth in the paints and coatings industries in U.S. and Canada have boosted the consumption of arylamide pigment types. This is due to the use of paints and coatings in buildings and construction sector and use of coatings in various industries, since both the countries have significant construction spending on buildings especially on high rise buildings and structures.
The substantially growing textile industries are also boosting the demand of arylamide pigments in U.S. and Canada, since these pigments are used in coloring the clothes.
Asia Pacific Demand Outlook for Arylamide Pigments
Significantly growing end use industries in several countries of Asia Pacific region is anticipated to boost the consumption of Arylamide Pigments during the forecast period. China, India and ASEAN are estimated to witness a substantial growth in the market of the pigments owing to the growing paints, paper, inks and textile industries.
Asia Pacific region is also expected to account for a significant share of Arylamide Pigments global consumption owing to the presence of several number of end user industries.
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Who are the Key Manufacturers and Suppliers of Arylamide Pigments?
Some of the leading manufacturers and suppliers of the product include
- BASF SE
- CHROMA AUSTRALIA PTY. LTD.
- Hoechst AG
- Hangzhou Han-Color Chemical Co. Ltd.
- Sudarshan chemical Industries Limited
- SpecialChem
- Anupam Colours & Chemical Industries
- Skychem Corporation limited
- SAURADIP
Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
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