The Global Synthetic Pigments Market Report by The Business Research Company covers synthetic pigments market drivers and restraints, synthetic pigments market size, major players, and the impact of COVID-19 on the synthetic pigments market.
The synthetic pigments market consists of the sales of synthetic pigments and related services that is used in the field of paints, inks, plastics containing insoluble materials and minerals to endure high heat, intense light and exposure to weather or chemical agents.
The demand for high performance pigments and advanced technology engineered pigments such as cool pigments, nano pigments and pigments made from superior dispersion technologies is expected to drive the synthetic pigments market.
The global synthetic pigments market is expected to grow from $37.03 billion in 2020 to $40.07 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $45.95 billion in 2025 at a CAGR of 3%.
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Some synthetic pigments market trends include the increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been propelling the demand for pigments in these countries in recent years.
Global synthetic pigments market segments include:
1) By Product Type: Inorganic Pigments, Organic Pigments.
2) By End Use Industry: Paints And Coatings, Plastics, Printing Inks, Textiles, Cosmetics And Personal Care, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Synthetic Pigments Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides synthetic pigments market overviews, analyzes and forecasts market size, share, synthetic pigments market players, synthetic pigments market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The synthetic pigments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Synthetic Pigments Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: BASF SE, Archroma, DyStar, Huntsman, Clariant, Synthesia, Cromatos, Atul, Waterside colours, DIC Corp., Lanxess AG, DupontMerck KGAA, OCI Company Ltd, The Chemours Company, Venator Materials PLC, Tronox Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Synthetic Pigments Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Synthetic Pigments Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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