Pigments Market was valued at US$ 22.9 Bn in 2022 and is expected to reach at US$ 34.5 Bn in 2029. Global Pigments Market size is expected to grow at a CAGR of 6.03 % through the forecast period.
Pigments Market
The Pigments Market offers forecasts about the market's key attributes based on the present market environment, customer preferences, and business strategy. The market is further divided in the research report based on Pigments Market Share, Market Dynamics, Growth Factors, Key Players, and Regions. The research study, titled Pigments Market (2022-2029), offers a thorough analysis of the market by concentrating on data on a number of global market components, including development trends, competitive landscape analysis, and the state of major regions' progress. Additionally underlined is the knowledge of global drivers, obstacles, opportunities, and threats.
This study offers data to develop strategies for fostering market growth and success and is a thorough numerical analysis of the Pigments industry. Forecasts for the market's size, price, revenue, profit margin, market share, cost structure, and growth rates are also provided in the study for planning purposes.The corporate Pigments market, regional market, and global market are the main areas of this study. To estimate the size of the total Pigments market from a worldwide viewpoint, this study looks at historical trends and anticipated future changes. The study's main geographic areas of interest are North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa.
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Market Key Competition/ Key players:
• Qingdao Zhongren Zhiye Biotechnology Co., Ltd.
• Canon Kabushiki Kaisha
• DIC Corporation
• Cobot Corporation
• Clariant International Ltd.
• Hefei Sunrise Pigments Co., Ltd
• BASF SE
• Lanxess AG
• Merck Group
• Clariant AG
• Pidilite Industries Limited
• Huntsman International LLC
• Tronox, Inc.
• Chemours Company
• Altana AG
• Chemours Company
• CRISTAL
• Ferro Corporation
• KRONOS Worldwide Inc.
• Sun Chemical Corporation
• Cathay Industries Group
• Heubach GmbH
• Gharda Chemicals Limited
• Sudarshan Chemical Industries Limited
• Altana AG.
The report includes data on the major players in the market, including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin Sales, as well as a thorough analysis of the market's competitive landscape, specific vendor data, and minute details of factors that will obstruct the growth of significant market vendors.
Pigments Market: Segment Analysis:
The research report examines numerous market segments by market and by geography (or country). The sales and revenue for the past and anticipated periods of 2017 through 2029 are covered in this research. It is simpler to understand the categories and the importance of the several factors that influence market growth.
Due to the loss of patent protection for their expensive pigments, multinational corporations have moved their production bases to China. A decline in pigment production over the past few years in North America, Europe, and Japan has led to restructuring and facility closures because of decreasing profits. Furthermore, manufacturers in the mature market have been forced to make strategic decisions for their pigment businesses as a result of the fierce competition from producers in Asia. This has resulted in a move toward higher value and customer-oriented pigment demand.
The regional groupings are created using data on distribution and investments. The regional research includes an examination of the industry as a whole using Porter's Five Forces, as well as assessments of each region's market, rate of growth, analysis of historical data, and reporting. The report includes information on the primary financials, product offerings, and production goals of the market's top rivals. The study is supported by information on the business's most recent developments, profit growth, price, revenue, and product sales.
List of Regions coved in report:
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Dec 07, 2022