13-Jan-2022 | Zion Market Research
As per study of Zion Market Research, Pigment Dispersion industry amassed proceeds worth nearly US$ 35.1 billion in 2020 and is anticipated to accrue returns of approximately US$ 45.7 billion by 2028. Moreover, Pigment Dispersion market is prognosis to record CAGR of almost 4.1% in 2021-2028. Furthermore, expansion of pigment dispersion industry over anticipated timespan is owing to rise in demand for pigments in paints & coatings used in thriving construction sector. Surge in launching of smart city projects along with rise in industrialization & urbanization will decipher into humungous growth of pigment dispersion market. Increment in usage of pigment dispersion for coloring plastics along with rise in demand for pigment in vehicles for enhancing its aesthetic value will proliferate demand for pigment dispersion over ensuing years. Massive trend towards replacing yellow & red synthetic pigments with eco-friendly synthetic pigments is projected to outline a profitable growth graph chart for pigment dispersion market.
Solvent-Based Pigment Dispersion Market To Register Massive Growth Over 2021-2028
Humungous demand for solvent-based pigment dispersion is subject to large use of these products owing to its beneficial features such as low surface tension, fast drying, adhesion, and high print quality. Apart from this, solvent-based pigment dispersion products are mainly utilized in printing & automotive sectors.
Paints & Coatings Segment To Lead Application Landscape By 2028
Expansion of paints & coatings segment over forecast timespan is owing to massive use of pigment dispersion in paints & coatings sector due to use of latter in construction activities. Furthermore, rise in demand for organic pigments in green constructions will further scale up growth of pigment dispersion industry.
Building & Construction Segment To Make Remarkable Contributions Towards Market Size Over 2021-2028
Growth of building & construction segment over forecast timeframe is due to large-scale use of pigment dispersions in pavers, tilling, pipe & panels, flooring, precast walls, and bridges. Apart from this, product provides chemical inertness and heat stability to buildings. In addition to this, rise in significance of interior designing in buildings has enhanced popularity of pigment dispersion in real estate sector, thereby creating lucrative growth avenues for pigment dispersion market.
Asia Pacific Pigment Dispersion Market To Expand Leaps & Bounds Over 2021-2028
Growth of pigment dispersion market in Asia Pacific zone over assessment period is subject to thriving construction & manufacturing sectors in region. In addition to this, surging demand & production of vehicles in Vietnam, China, Indonesia, Malaysia, and Thailand will define progress of pigment dispersion market in Asia Pacific zone. Growing demand for new fabric designs due to modern lifestyle of young & millennial population of region will culminate into humungous growth of pigment dispersion market in Asia Pacific.
Some of key players are enormously impacting growth of pigment dispersion market and are profiled in report. They are Clariant AG, Sherwin-Williams Company, BASF SE, Penn Color, Inc., DIC Corporation, Chromaflo Technologies Private Limited, Cabot Corporation, Sudarshan Chemical Industries Limited, Heubach GmbH, and Pidilite Industries Limited.
Browse the full “Pigment Dispersion Market- By Product Type (Solvent-Based And Water-Based), By Application (PAINTS & COATINGS, PLASTICS, And Inks), And By End-Use (AUTOMOTIVE, Building & Construction, Packaging, Textile, And Paper & Printing): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2021–2028.” Report at https://www.zionmarketresearch.com/report/pigment-dispersion-market
The global Pigment Dispersion Market is segmented as follows:
By Product Type
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