Plastic Pigments Market Share, Industry Size, Key Players Growth, Revenue, Competitive Landscape, Regional and Industry Forecast to 2023
Plastic Pigments Market Information by Type (Organic Pigments, Inorganic Pigments, and Specialty Pigments), Application (Packaging, Automotive, Construction, Healthcare, Consumer Goods), and Region (Asia-Pacific, North America) — Global Forecast till 2023
Key Players:
Some of the key players in the global plastic pigments market are BASF SE (Germany), Heubach GmbH (Germany), Clariant (Switzerland), Sudarshan Chemical Industries Limited (India), DIC CORPORATION (Japan), Atul Ltd (India), Lanxess (Germany), Mazda Colours Ltd.(India), Tronox Limited (US), and The Chemours Company. Chemours (US)
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Market Overview:
Pigments are colored powders which is used to impart color on various substrates such as paper and plastics. In general, plastic pigments can be defined as the coloring agent which is used to increase the overall aesthetics of the plastic products. Plastics are being widely adopted in an array of end-use industries over the traditional materials due to its properties such as lightweight, strength, and corrosion resistance among others. Hence, the increasing use of plastics among the various end-use industries such as building and construction, automotive, packaging and others is expected to drive the demand for plastic pigments.
The global demand for plastic pigments is driven by the increasing demand for high performance pigments among the plastic producers and compounders across the globe. Polyvinyl Chloride (PVC) is one of the widely used plastic for an array of applications such as pipes, windows, roof profiles, and others. For uniform and efficient coloring of PVC, the compounders and producers opt for micro granulated pigments with properties such as dust free, good flowability, and custom-made solutions that are in synergy with the PVC compounders, which is expected to drive the plastic pigment market demand from supply side.
Geographical Outlook:
The plastic pigments market has been segmented, by region, into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Asia-Pacific accounted for the majority share of the plastic pigments market in 2017; the regional market is likely to witness significant growth during the review period. This market growth can be attributed to the increasing demand for plastic pigments among the plastic producers and compounders in the region. Furthermore, flourishing growth of end-use industries such as packaging, building and construction, and automotive in the region is expected to offer substantial opportunities for plastic pigment manufacturers during the forecast period. Countries like China, Thailand, Indonesia, Vietnam and India are expected to be the leading
The market in North America is growing at healthy rate as a result of the growing automotive and construction industry in the region. The construction industry in the region is reviving after the economic crisis and more lightweight materials i.e., plastics are being adopted for various construction applications in the region owing to its lightweight properties and easy handling, which is expected to augment the plastic pigments demand in the region.
The market in Europe is expected to witness significant growth during the review period with the increasing demand for eco-friendly plastic coloring additives in the region. Also, stringent regulations for coloring additives in medical plastics in the region is expected to offer substantial opportunities for the plastic pigment manufacturers in the region.
The markets in Latin America and the Middle East & Africa are expected to grow as a result of the growing end-use industries such as packaging, construction, and healthcare. The packaging industry boom in Brazil and Argentina and the growing construction industry in the Middle East & Africa market is expected to add substantial market value during the forecast period.
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Segmentations:
The global plastic pigments market has been segmented by type, application, and region.
Based on type, the market has been segmented into organic, inorganic, and specialty pigments. Organic pigments are further sub-divided into azo, phthalocyanine, and others. Inorganic pigments are further sub-divided into titanium dioxide, iron oxide, carbon black, chromium compounds, and others.
Based on application, the market has been segmented into packaging, automotive, building and construction, healthcare, consumer goods and others. Packaging has been further sub-segmented into food, medical, and others.
The Plastic Pigments market has been studied with respect to five regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
Intended Audiences:
- Plastic Pigments manufacturers
- Traders and distributors of Plastic Pigments
- Research and development institutes
- Potential investors
- Raw material suppliers
- Nationalized laboratories
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Bargaining Power Of Suppliers
4.1.4 Threat Of Substitutes
4.1.5 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Plastic Pigments Market
5 Industry Overview Of Global Plastic Pigments Market
5.1 Introduction
5.2 Growth Drivers
5.3 Impact Analysis
5.4 Market Challenges
6 Market Trends
6.1 Introduction
6.2 Growth Trends
6.3 Impact Analysis
7.Global Plastic Pigments Market, By Type
7.1 Introduction
7.2 Inorganic Pigments
7.2.1 Market Estimates & Forecast, 2016−2023
7.2.2 Market Estimates & Forecast, By Region, 2016−2023
7.2.3 Titanium Dioxide
7.2.3.1 Market Estimates & Forecast, By Region, 2016−2023
7.2.3.2 Market Estimates & Forecast, By Region, 2016−2023
7.2.4 Iron Oxide
7.2.4.1 Market Estimates & Forecast, By Region, 2016−2023
7.2.4.2 Market Estimates & Forecast, By Region, 2016−2023
7.2.5 Carbon Black
7.2.5.1 Market Estimates & Forecast, By Region, 2016−2023
7.2.5.2 Market Estimates & Forecast, By Region, 2016−2023
7.2.6 Chromium Compounds
7.2.6.1 Market Estimates & Forecast, By Region, 2016−2023
7.2.6.2 Market Estimates & Forecast, By Region, 2016−2023
7.2.7 Others
7.2.7.1 Market Estimates & Forecast, By Region, 2016−2023
7.2.7.2 Market Estimates & Forecast, By Region, 2016−2023
8.Global Plastic Pigments Market, By Application
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