High Performance Pigments Market by Type (Organic, Inorganic, and Hybrid), Application (Coatings, Plastics, Inks, Cosmetics), End-use Industry (Automotive & Transportation, Construction & Infrastructure, Printing, Industrial), and Region - Global Forecast to 2024.
Browse 138 market data Tables and 36 Figures spread through 162 Pages and in-depth TOC on "HPPs Market.
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BASF SE (Germany), Clariant (Switzerland), DIC Corporation (Japan), Ferro Corporation (US), Lanxess (Germany), Sudarshan Chemical Industries Limited (India) are the major players in the HPPs industry. BASF SE (Germany) and Clariant (Switzerland), are one of the leading companies and the largest contributor to the growth of the global HPPs market. These companies are specialized in manufacturing HPPs having sustainable properties.
Clariant (Switzerland), is the second-largest player in the HPPs market. The company is engaged in the business of developing, manufacturing, distributing, and selling a wide range of specialty chemicals including HPPs. The company operates in various regions including Europe, APAC, North America, Latin America, and MEA. In April 2019, Clariant launched the first bio-based version of pigment-Red 254. The pigment will be used mostly for automotive coatings.
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The coatings application accounted for the largest market share in the global HPPs market during the forecast period.
Coatings application is very crucial in the HPPs market and accounts for the significant share in the HPPs market. HPPs are the key coating element of many end-use industries such as automotive & transportation, construction, and industrial, as these pigments not only offer color but also enhance their sustainability. They are applied as a coating on various exterior and interior parts in these end-use industries. The use of HPPs in coatings application imparts high insolubility, color strength, heat stability, weather, and light fastness properties, which are of crucial importance in various end-use industries.
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The Paper Pigments Market is projected to grow from USD 13.52 billion in 2018 to USD 17.72 billion by 2023, at a CAGR of 5.6% from 2018 to 2023.Browse 80 market data Tables and 36 Figures spread through 104 Pages and in-depth TOC on "Paper Pigments Market”.Based on type, the calcium carbonate segment is estimated to lead the paper pigments market in 2018Calcium carbonate is the most widely used paper pigment and has been used since the last 30 years.
The increasing demand for bright and bulk paper is leading to the increasing preference for calcium carbonate over kaolin.
Calcium carbonate is less expensive and enables brighter paper than that possible with the use of kaolin.
The leading countries accounting for a large market share in the paper pigments market are China and the US.
The company provides paper pigments under its energy solutions & specialties business segment which accounts for 29.0% of its revenue.
In February 2018,Imerys acquired the carbonate businesses of Vimal Microns and Vee Microns which are producers of calcium carbonate.
