Overview and Scope
The pigment dispersion are dry pigments dispersed in liquid material, which is stabilized using resins or surfactants/additives to minimize the formation of lumps. The process involves replacing air-solid interfaces within the dry powder with liquid-solid interfaces. They are generally used in additive quantities to impart color to a wide variety of products.
Sizing and Forecast
The pigment dispersion market size has grown strongly in recent years. It will grow from <b>$40.12 billion in 2023 to $43.06 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. </b> 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 <b>$57.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. </b> 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..
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Segmentation & Regional Insights
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
<b>Asia-Pacific</b> was the largest region in the pigment dispersion market in 2023. <b>Asia-Pacific</b> is expected to be the fastest-growing region in the market. The regions covered in the pigment dispersion market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the pigment dispersion market include <b> Achitex Minerva S.p.A., Altana AG, American Elements Corp., Apollo Colors Inc., Aralon Color GmbH, Aum Farbenchem Pvt. Ltd., Flint Group, Cabot Corporation, Croda International plc, Clariant AG, Decorative Color & Chemical Inc., DIC Corporation, Dunn-Edwards Corporation, DyStar Group, BASF SE, Sudarshan Chemical Industries Ltd., Heubach GmbH, Penn Colors Inc., Pidilite Industries Ltd., Lanxess Co., Evonik Industries AG, Huntsman International LLC, Solvay SA, Dow Inc., Croda International PLC., J.M. Huber Corporation, The Lubrizol Corporation, Akzo Nobel NV, Pharmacos, AArbor Colorants Corporation, Eckart GmbH </b>
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:
- Achitex Minerva S.p.A
- Altana AG
- American Elements Corp.
- Apollo Colors Inc
- Aralon Color Gmb
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