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Phthalocyanine Pigments Market Share

Report ID: GMI4154 Published Date: August 2023Report Format: PDF
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Phthalocyanine Pigments Market Share

Some of the major industry players operating in the Phthalocyanine pigments market are :

  • BASF SE
  • Clariant
  • DIC Corporation
  • Huntsman Corporation
  • LANXESS AG
  • Heubach GmbH
  • Jeco Pigment USA Inc.
  • Sudarshan Chemical Industries Ltd.
  • Meghmani Pigments
  • Vibfast Pigments Pvt. Ltd.
  •  Trust Chem Co. Ltd.
  • Sanyo Color Works Ltd.
  • Nubiola Group
  • Sensient Technologies Corporation
  • Ferro Corporation 

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Author: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :

What is the size of the global phthalocyanine pigments market?+

Market size for phthalocyanine pigments was valued at around USD 27.8 billion in 2022 and is estimated to surpass USD 49 billion by 2032, owing to the product

Why is blue colored phthalocyanine pigment witnessing high demand?+

Blue segment held a majority market value of USD 13.7 billion in 2022. The blue color is commonly used in architectural coatings, automotive finishes, and industrial coatings, driving demand for blue phthalocyanine pigments.

How big is the U.S. phthalocyanine pigments industry?+

U.S. phthalocyanine pigments market accounted for a revenue of USD 5.7 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032, backed by the demand for architectural coatings from the construction of residential, commercial, and industrial structures.

Who are the key players in phthalocyanine pigments industry?+

Sudarshan Chemical Industries Ltd., Meghmani Pigments, Vibfast Pigments Pvt. Ltd., Trust Chem Co. Ltd., Sanyo Color Works Ltd., Nubiola Group, Sensient Technologies Corporation, Ferro Corporation among others.

Phthalocyanine Pigments Market Scope

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