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Pigments Market Size

  • Report ID: GMI742
  • Published Date: Oct 2019
  • Report Format: PDF

Pigments Market Size

Pigments Market size estimated at around USD 14.86 billion in 2018 and will rise at over 4.9% CAGR from 2019 to 2026.

 

Pigments are compounds that selectively absorb wavelengths of light, thus emitting a specific color or range of colors. They have high tinting strength owing to which small amount is needed when it is mixed with carrier or used on objects and are available under three major categories: organic, inorganic and specialty. Pigmenting compounds have been used from ancient times for various purposes, notably for body paint and dyeing purposes. These pigments were derived from natural sources such as botanical materials (beetroot, hibiscus, saffron, lapis lazuli, berries, etc.), animal waste, insects, and mollusks.

 

Paints & coatings industry was valued at over USD 128 billion in 2018 and is anticipated to grow with a healthy growth numbers over the forecast period. Additionally, Asia Pacific construction industry size in 2018 was over USD 1,700 billion driven by growing residential and non-residential industry in the region. Moreover, increasing consumers demand for high quality paints such as those with metallic luster and increase in metallic luster coatings demand in the automobile market, shall accelerate specialty pigments market revenue over the forecast period.
 

 

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

Pigments industry, which involves manufacturing of colorants that are used in plastics for UV protection, fire protection, long service life, etc. will record valuation of over USD 21 billion by 2026.

Specialty pigments market will witness a CAGR 5.8% through 2026 with increasing infrastructural investments and growing need for long-lasting product that resists harsh weather.

Organic pigments market will exhibit a CAGR of 5% through 2026 with the developments in terms of product innovation and cost competitiveness.

Paints & coatings segment in pigments market had recorded a valuation of over USD 128 billion in 2018.

North America will register a CAGR of over 4.5% through 2026 with increasing product demand driven by mature automobile industry in the region.

Pigments Market Scope

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Premium Report Details

  • Base Year: 2018
  • Companies covered: 13
  • Tables & Figures: 374
  • Countries covered: 19
  • Pages: 267
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