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Quinacridone Pigments Market Trends

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

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Quinacridone Pigments Market Trends

Increasing awareness of environmental sustainability has led to a growing demand for eco-friendly and non-toxic pigments. Quinacridone pigments, which are known for their synthetic origin and color stability, might see increased adoption as alternatives to traditional organic pigments that might have environmental concerns. Customization is a prevailing trend across industries. Pigment manufacturers are focusing on offering a wide range of quinacridone pigment shades to cater to individual preferences and artistic needs, contributing to greater color diversity in various applications. Thus, the growing prevalence is expected to expedite the global market growth.

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.