Pigment Dispersion Market Size, Share, Growth Report 2032

The global Pigment Dispersion Market accrued earnings worth approximately 35.1 (USD Billion) in 2020 and is predicted to gain revenue of about 45.7(USD Billion) by 2028, is set to record a CAGR of nearly 4.1% over the period from 2021 to 2028. The report offers assessment and analysis of the Pigment Dispersion Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Billion).

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Global Pigment Dispersion Market: Outlook

Pigments are particles used for imparting colors in coatings, paints, and plastics. In pigment dispersion, pigment agglomerates are split into key particles by shearing forces & impact. Reportedly, pigment dispersion method involves wetting, stabilizing, and dispersing and requires high paint quality production along with maintaining color standards in paints. Key features of pigment dispersion are its bright hue, stability, viscosity, and size. However, irregular pigment dispersion can result in reduced gloss proportion, color changes, flocculation, leveling, sagging, separation, and settling.

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Pigment Dispersion Market: Growth Factors

Expansion of pigment dispersion market over anticipated timeframe can be credited to rise in demand for paints & coatings in thriving construction sector. In addition to this, rise in demand for pigment dispersion in inks, textiles, decorative materials, thermoset composites, and industrial applications will steer industry size. Apparently, surge in preference of end-user industries towards manufacturing products having less impact on customer health will proliferate growth of pigment dispersion industry. Increase in use of various kinds of colorants in papers & paper boards as well as cardboards with a view of providing visually appealing & attractive packaging to end-users will expand scope of progression of pigment dispersion industry.

Furthermore, surge in vehicle production & sales and need for enhancing aesthetic value of vehicles with help of paints & coatings application will drive market penetration across globe. Moreover, rise in research activities pertaining to producing of eco-friendly pigments due to strict government laws prohibiting VOC emissions from products will offer new growth opportunities for pigment dispersion industry. However, volatility witnessed in raw material costs can put brakes on pigment dispersion market earnings in forecasting years.

Pigment Dispersion Market: Report Scope

Pigment Dispersion Market: Regional Insights

Asia Pacific Pigment Dispersion Market To Register Mammoth Growth By 2028

Growth of pigment dispersion market in Asia Pacific zone over assessment period can be credited to rise in number of erection of residential & commercial structures in countries such as India & China experiencing population explosion. In addition to this, growing customer preference towards effective & attractive packaging in different designs will inflate size of regional market over coming years. For the record, China and India are predicted to be key regional revenue contributors in coming years.

Pigment Dispersion Market Competitive Landscape

Key players lucratively impacting business scenario and profiled in report are

• Clariant AG
• BASF SE
• DIC Corporation
• Chromaflo Technologies Private Limited
• Sudarshan Chemical Industries Limited
• Heubach GmbH
• Cabot Corporation
• Penn Color Inc.
• Sherwin-Williams Company
• Pidilite Industries Limited.

The global Pigment Dispersion Market is segmented as follows:

By Product Type

• Solvent-Based
• Water-Based

By Application

• PAINTS & COATINGS
• PLASTICS
• Inks

By End-Use

• Automotive
• Paper & Printing
• Building & Construction
• Packaging
• Textile

By Region

• 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