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Quinacridone Pigments Market Size

Report ID: GMI4010
Published Date: Aug 2023
Report Format: PDF

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Quinacridone Pigments Market Size

Quinacridone Pigments Market size was valued at around USD 354.2 million in 2022 and is estimated to register over 6.7% CAGR between 2023 and 2032. Quinacridone pigments offer a wide spectrum of colors, from reds and pinks to violets and blues. This versatility makes them suitable for various industries, including paints, inks, plastics, and textiles, accelerating the global market growth.

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Quinacridone pigments are popular among artists and designers due to their pure color tones and lightfastness, making them ideal for high-quality paints and coatings. Quinacridone pigments' consistent color properties are beneficial for automotive and industrial coatings, maintaining color integrity over time.

Quinacridone Pigments Market Report Attributes
Report Attribute	Details
Base Year:	2022
Quinacridone Pigments Market Size in 2022:	USD 354.2 Million
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	6.7%
2032 Value Projection:	USD 674.9 Million
Historical Data for:	2018 to 2032
No. of Pages:	150
Tables, Charts & Figures:	191
Segments covered:	Color, Form, End-use, Region
Growth Drivers:	Increasing industrial activities Growing construction activities Rapid urbanisation
Pitfalls & Challenges:	Cost and Price Sensitivity Regulatory Compliance Environmental Concerns

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The production of high-quality quinacridone pigments can be complex and resource-intensive, leading to higher manufacturing costs. Adhering to strict regulatory standards for pigments in various applications, such as cosmetics and food packaging, can be challenging. The pigment industry faces scrutiny over environmental impacts, such as waste disposal, emissions, and water usage. Thus, the risks associated with Quinacridone pigments may drive down the acceptance rate, further hampering the business gro

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Global market for quinacridone pigments was USD 354.2 million in 2022 and will reach USD 674.9 million by 2032.

Red colour segment accounted for USD 136.2 million in 2022 and will drastically grow through 2032 owing to the fashion industry's color trends that impact the demand for red quinacridone pigments, especially for clothing, accessories, and textiles.

U.S. market for quinacridone pigments was USD 68.7 million in 2022 and is anticipated to expand at a significant pace from 2023-2032 owing to the numerous construction and renovation activities that drive the demand for architectural paints and coatings.

BASF SE, Clariant AG, DIC Corporation, Huntsman Corporation, Lanxess AG, Kronos Worldwide, Inc., Sun Chemical Corporation, Trust Chem Co., Ltd., Synthron, Ferro Corporation, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Tokan Material Technology Co., Ltd., Trust Chem Europe B.V. among others.