The growing demand for paints & coatings in the building & construction industry is driving the pigment dispersion market . Water-based pigment dispersion is widely used in major applications such as paints & coatings, printing inks, and plastics.
Browse 84 market data Tables and 40 Figures spread through 142 Pages and in-depth TOC on "Pigment Dispersions Market”.
Clariant AG (Switzerland) is among the key players in the pigment dispersions market. The company has adopted the strategy of partnership to strengthen its competitiveness in the global pigment dispersions market. For instance, in July 2018, Clariant came to an agreement with Lintech International LLC (Georgia) for partnership. This partnership made Lintech International the sole distributor of Clariant’s pigments in North America for coating, printing, and plastic pigments and pigment dispersions. This partnership has strengthened the presence of the company in the US market.
BASF (Germany) is one of the leading manufacturers of pigment dispersions. The company adopted new product launches as one of its key business strategies. In October 2016, the company launched a new pigment, Paliotol Yellow K 1750, which is halogen-free and can be used for sensitive applications such as food contact materials and toys. This has expanded the product portfolio of the company’s dispersions & pigments division. This development helped the growth of the company in the pigment dispersions market.
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The key players in the pigment dispersions market include Clariant (Switzerland), BASF (Germany), DIC Corporation (Japan), Sudarshan Chemical (India), Chromaflo (US), Cabot Corporation (US), Heubach GmbH (Germany), Penn Color (US), Pidilite (India), and Sherwin-Williams (US). These players have established a strong foothold in the market by adopting strategies such as expansion, new product launch, partnership, and acquisition.
On the basis of end-use industry, the building & construction segment is estimated to lead the pigment dispersions market in 2019.
Building & construction is the largest end-use industry of pigment dispersions. This industry is growing in countries of the APAC region such as India, China, Japan, and South Korea. The huge investment in infrastructural projects in the APAC region is increasing the demand for paints and coatings in the building and construction industry. Pigment dispersions provide heat stability, chemical inertness, and weather & lightfastness properties.
On the basis of application, the paints & coatings segment is projected to lead the overall pigment dispersions market during the forecast period.
The paints & coatings application is projected to lead the overall pigment dispersions market. Decorative coating is the largest and fastest-growing consumer of pigment dispersions in the paints & coatings application segment. The demand for decorative coatings is estimated to increase in the near future, owing to the increasing demand for paints & coatings in residential, commercial, and industrial construction. Pigment dispersions have low viscosity, quick drying, good weather fastness, good lightfastness, low migration, and solvent & bleeding fastness properties.
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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.
