Pigments Market Size, Share, Demand, Research Insights 2031
Precision Business Insights has published a report on the global pigments market, estimating its value at USD 30,401 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/pigments-market
The pigments market includes compounds used to color paints, coatings, plastics, inks, textiles, and building items. Pigments are often insoluble particles that offer not only visual appeal but also functional properties such as UV resistance, corrosion prevention, and thermal stability.
Drivers:
- Rising demand for coatings and colored materials in residential and commercial construction fuels pigment consumption.
- Growth in consumer packaging and plastic goods, especially in emerging markets, boosts pigment use for branding and product differentiation.
The global pigments market segmentation:
1) By Product Type: Organic Pigments, Inorganic Pigments, Specialty Pigments
2) By application: Paints and Coatings, Textiles, Printing Inks, Plastics, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the pigments market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the pigments market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Altana AG, DIC Corporation, Kronos Worldwide, Inc, Lanxess, LB Group, The Chemours Company, Tronox Holdings Plc, Venator Materials PLC, BASF SE, Gharda Chemicals Limited, Ferro Corporation
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