Attractive Opportunities in the Pigment Dispersions Market

The Pigment Dispersions Market is projected to grow from USD 42.2 billion in 2019 to USD 54.3 billion by 2024, at a CAGR of 5.2%.

Browse 84 market data Tables and 40 Figures spread through 142 Pages and in-depth TOC on "Pigment Dispersions Market".

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The booming building & construction industry in the emerging economies in APAC and South America is are driving the pigment dispersions marketThe growth of the building & construction industries in developing countries such as India and China and increasing investments in infrastructural development projects are expected to drive the demand for pigment dispersions during the forecast period.

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).

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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Building & construction industry is estimated to be the largest end-use industry of pigment dispersions.

On the basis of end-use industry, the pigment dispersions market has been categorized into building & construction, automotive, packaging, paper & printing, textile, and others. The building & construction segment is the largest consumer of pigment dispersions in 2018; whereas, the automotive industry is projected to be the fastest end-use industry during the forecast period.

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