Home > Chemicals & Materials > Advanced Materials > Functional Materials > Plastic Pigments Market

Plastic Pigments Market Share

Report ID: GMI8090
Published Date: Feb 2024
Report Format: PDF

Download Free Sample

Plastic Pigments Market Share

Plastic Pigments Market Company Share, (2023)

The competitive landscape in the plastic pigments market is marked by the presence of key industry players, each contributing to the market's dynamism and growth. Companies like BASF SE, Clariant International AG, and DIC Corporation are pivotal in shaping the market dynamics with their extensive research and development efforts, providing a diverse range of plastic pigments tailored to meet the evolving needs of industries such as packaging, automotive, and consumer goods. These industry giants often focus on innovation, developing high-performance pigments and masterbatch solutions that enhance the coloration and performance characteristics of plastics.

Additionally, regional players such as Atul Ltd. and Heubach Group play vital roles in specific markets, leveraging their regional expertise and customer relationships to cater to local demands. The presence of Cabot Corporation, Chroma Corporation, and Harima Chemical Group Co., Ltd. contributes to the competitive landscape by offering specialized pigment solutions and addressing niche applications. Overall, the market benefits from the diverse capabilities and global reach of these companies, fostering healthy competition, technological advancements, and a constant drive towards providing sustainable and high-quality pigment solutions in the ever-expanding plastics industry.

Plastic Pigments Market Companies

Major players operating in the plastic pigments industry include:

Atul Ltd.
BASF SE
Cabot Corporation
Chroma Corporation
Clariant International AG
DIC Corporation
Harima Chemical Group Co., Ltd.
Heubach Group
Kronos Worldwide Inc.
Lanxess AG
Merck KGaA

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Plastic pigments market size was valued at around USD 15 billion in 2023 and is anticipated to register over 5% CAGR between 2024 and 2032, driven by the need for visually appealing and distinguishable packaging materials fuels.

Plastic pigments industry from the organic product segment reached a valuation of USD 8 billion in 2023 and is poised to grow rapidly till 2032, owing to their ability to offer excellent lightfastness and heat stability.

Asia Pacific plastic pigments market generated a revenue of USD 5.3 billion in 2023 and is expected to grow rapidly till 2032, driven by the burgeoning manufacturing sector, especially in countries like China and India.

Atul Ltd., BASF SE, Cabot Corporation, Chroma Corporation, Clariant International AG, DIC Corporation, Harima Chemical Group Co., Ltd., Heubach Group, Kronos Worldwide Inc. are some of the major industry contenders.