Global Synthetic Pigments Market Opportunities And Strategies – Forecast To 2030 – Includes Synthetic Pigments Market Size
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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, as per The Business Research Company’s synthetic pigments market opportunities and strategies report.
The synthetic pigments market is expected to reach $44.77 billion in 2025 at a rate of 4.5%. The synthetic pigments market is then expected to grow at a CAGR of 3.1% from 2025 and reach $52.10 billion in 2030.
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Major players in the synthetic pigments market include The Chemours Company, Tronox Holdings plc, BASF SE, Kronos Worldwide, Inc., Venator Materials PLC.
Many synthetic pigments manufacturers are adopting IoT (Internet of Things) technology to connect equipment and smart devices to obtain real time insights and identify inefficiencies in the manufacturing process. The data obtained is processed, analyzed, and interpreted by plant managers and senior level management to improve quality, achieve optimum production levels, and reduce operational costs. IoT is a network of physical devices embedded with sensors, software, and electronics that continuously exchange data. IoT also help manufacturers in predictive maintenance of equipment and reducing downtime.
The Global Synthetic Pigments Market Is Segmented:
By Product Type: Organic Pigments, Inorganic Pigments
By End-Use Industry: Paints And Coatings, Plastics, Printing Inks, Textiles, Cosmetics And Personal Care, Other Industries
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
TBRC’s Synthetic Pigments Market Report Covers:
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 (2016-21) and ten years forecast (2022-2026-2031)
The Synthetic Pigments Market Report 2022 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough synthetic pigments market research, analyzes and forecasts synthetic pigments market size, synthetic pigments market share, synthetic pigments market players, synthetic pigments market trends, synthetic pigments market segmentation and geographies, leading competitor revenues, profiles and market shares.
TBRC’s synthetic pigments market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
The synthetic pigments market consists of sales of pigments by entities that produce synthetic pigments which are generally solvent-insoluble substances that impart color to other materials without chemically binding to them. Synthetic pigments are generally applied on target materials along with an adhesive substance or a binding agent. The pigments are mostly applied on products as finely grounded solid particles mixed with a liquid.
View Similar Reports From The Business Research Company:
Inorganic Pigments Global Market Report 2022
Synthetic Dye And Pigment Global Market Report 2022
Pigment Dispersion Global Market Report 2022
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