Pigment Dispersion Market - Global Industry Analysis

Global Pigment Dispersion Market: Overview

Pigment dispersion is the process that involves the replacement of air-solid interfaces from dry powders with liquid-solid interfaces and later on the clumps of pigment particles are separated in order to disperse them in the liquid. Pigment dispersion is important as in most cases, pigment is the costliest ingredient in the coating formulation, paint, or ink and it determines their end properties. Pigment dispersion exhibits exclusive features such as restrains harsh temperature & weather, chemical attack, and discoloration and thus found several applications in construction and automobile industries.

Report Scope:

Global Pigment Dispersion Market: Growth Factors

The global pigment dispersion market is growing at a substantial rate. Rapidly growing construction industries and a rise in demand for paints & coatings are some of the major factors that are propelling the growth of the global market. An increase in urbanization & industrialization, growing smart city projects, and rise in disposable income are the aspects leading to rise in construction activities including residential & commercial projects. Thus, an increase in the need for pigment dispersion is observed, thereby fostering market growth. In addition to this, the growing use of pigment dispersion by the manufacturers to color different materials including plastics or paints & coatings is adding up to its demand. Also, they have numerous applications such as in inks, thermoset composites, industrial applications, textiles and decorative. All such factors are boosting the market growth. Moreover, growing inclination of most industries towards products that have minimal impact on consumer health as well as environment is fostering the growth of the global pigment dispersion market. Furthermore, an increase in R&D activities of the manufacturers to replace metals during the production of synthetic pigments may have favorable opportunities for the growth of the global pigment dispersion market over the forecast period. However, high cost of organic pigments and the limited superior quality of some products are likely to restrain the growth of the global market.

The pigment dispersion market is negatively impacted by occurrence of COVID-19 pandemic. This is mainly due to the halt on construction activities around the world. The demand for pigment dispersion is largely dependent on construction activities, however, the strict restriction made by serval government to curb the spread of infection resulted in delaying, postponing, and terminating the building projects. In addition to that, unavailability of the workforce, raw material shortage, and distributor chain disruption also caused low revenue generation during the pandemic period. However, the market is expected to get back on its track once the occurrence of pre-pandemic conditions.

Global Pigment Dispersion Market: Segmentation

The global pigment dispersion market is bifurcated based on product type, applications, end-use, and region. Based on product type, the market for pigment dispersion is categorized into solvent-based and water based. Among these, water-based pigment dispersion is estimated to grow at a highest CAGR value over the forecast period. The application segment of the market is segregated as paints & coatings, plastics, inks, and others. The end user segment for global pigment dispersion market is bifurcated into automotive, building & construction, packaging, textile, paper & printing, and others. Among these, building & construction is anticipated to dominate the global market.

Global Pigment Dispersion Market: Regional Analysis

Asia Pacific region is anticipated to be the largest regional market for pigment dispersion over the forecast period. Some of the major factors contributing to the significant growth of the market in the region include rapidly increasing construction activities, increasing initiatives for smart city projects in emerging countries, an increase in disposable income & customer expectations, and availability of cheap raw materials & labor forces. China is expected to be the largest revenue contributor in the APAC market, whereas, India is expected to be the fastest growing Asian market over the forecast period. North America is projected to be the second largest market for pigment dispersion over the forecast period. This is mainly attributed to increase in demand for modern and innovative residential and commercial projects. Europe is also expected to generate healthy revenue in the global pigment dispersion market over the forecast period. 

Global Pigment Dispersion Market: Competitive Players

The major players operating in the global pigment dispersion market are focusing on new product launches through research and development activities. Some of the major players included in the report are Clariant, BASF, DIC Corporation, Chromaflo, Sudarshan Chemical, Heubach GmbH, Cabot Corporation, Penn Color, Sherwin-Williams, and Pidilite among the others.

Global Pigment Dispersion Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.