The Pigment Dispersion Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Pigment Dispersion Global Market Report 2024, The pigment dispersion market size has grown strongly in recent years. It will grow from $40.12 billion in 2023 to $43.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to growth in the printing and packaging industries, demand for vibrant and durable colors, expansion of the automotive and construction sectors, development of high-performance pigments, growth in paints and coatings applications..
The pigment dispersion market size is expected to see strong growth in the next few years. It will grow to $57.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to sustainable and eco-friendly pigment dispersions, growth in digital textile printing, expansion in food and cosmetics colorants, customized pigment dispersion solutions, demand for high-opacity and uv-resistant pigments.. Major trends in the forecast period include bio-based and natural pigment dispersions.
nanopigments for enhanced coloration.
regulatory compliance in pigment safety.
smart and color-changing pigments.
pigment dispersion for security and anti-counterfeiting.
personalized and on-demand color solutions.
The rising demand for paints and coatings is expected to propel the growth of the pigment dispersion market going forward. Paints are a mixture of opaque pigments or powders in a liquid. Pigment dispersions are used to color many types of materials, such as paints and coatings or plastics, with applications in various fields, including decorative and industrial. For instance, according to the American Coatings Association, in 2021,In United States paint and coatings products exported for $2.1 billion. Therefore, the rising demand for paints and coatings is driving the growth of the pigment dispersion market.
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The pigment dispersion market covered in this report is segmented –
1) By Pigment Type: Organic Pigments, Inorganic Pigments
2) By Dispersion Type: Water-Based Dispersions, Solvent-Based Dispersions
3) By Industry Vertical: Chemical and Petrochemical, Oil and Gas, Energy and Power, Automotive, Food And Beverages, Healthcare, Other Industry Verticals
Major companies operating in the pigment dispersion market are innovating products, such as biobased pigment dispersions, to provide reliable services to customers. Biobased pigment dispersions are pigment preparations in which the dispersing medium or carrier is derived from renewable, natural sources such as plant-based materials. For instance, in November 2022, P2 Science Inc., a USA-based chemicals company, launched Citrosperse. Citrosperse consist of a range of biobased and patented pigment dispersions, which has high pigment loading and remarkable color intensity for use in cosmetics and personal care products. It is available in 10 colors, such as red iron oxide, yellow iron oxide, black iron oxide, titanium dioxide, yellow 5 lake, blue 1 lake, red 7 lake, red 6 lake, and black 2.
The pigment dispersion market report table of contents includes:
1. Executive Summary
2. Pigment Dispersion Market Characteristics
3. Pigment Dispersion Market Trends And Strategies
4. Pigment Dispersion Market – Macro Economic Scenario
5. Global Pigment Dispersion Market Size and Growth
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26. South America Pigment Dispersion Market
27. Brazil Pigment Dispersion Market
28. Middle East Pigment Dispersion Market
29. Africa Pigment Dispersion Market
30. Pigment Dispersion Market Competitive Landscape And Company Profiles
Top Major Players:
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