Pigments Market to Reach Value of US$ 53.82 Bn by 2031, Notes TMR Assessment

Rise in the sales and manufacturing of plastics across the globe is creating revenue-generation opportunities in the pigments market

Wilmington, Delaware, United States, Oct. 13, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global pigments market is prognosticated to reach a value of US$ 53.82 Bn by the end of 2031, notes a report by Transparency Market Research (TMR). In addition, the global market study on pigments finds that the market is expected to grow at a CAGR of 4.59% during the forecast period, from 2022 to 2031.

Owing to the ability of pigments to impart color, they find a wide application in the manufacturing of paints. Furthermore, pigments hold an ability to provide heat and light stability to paints and coatings. In addition, they improve the esthetic appeal of paints & coatings. Over the period of past few years, there has been a notable growth in the global paints & coatings industry, specifically in several emerging nations, owing to rapid industrial development. These factors, in turn, are creating significant business opportunities in the pigments market, state analysts of a TMR report.

Request Sample Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=905

The demand for industrial and decorative paints is being increasing in the recent years globally. Moreover, there has been a surge in the number of housing construction projects and infrastructural development activities across many developing nations. These factors are boosting sales opportunities in the pigments market. This aside, the market is being driven by the developments in the furniture, marine, and consumer goods sectors.

Pigments Market: Key Findings

  • The production of plastics is rising in the recent years owing to their increased utilization across a wide range of end-use industries including the automotive, building & construction, and packaging industries. This rising plastics demand is ascribed to several unique properties of plastic owing to which it is utilized as a substitute to paper, rubber, and wood. Hence, a surge in the demand for plastics from developing and developed countries is expected to drive the demand for pigments during the forecast period, notes a TMR analysis that delivers key insights on the global scenario of pigments.
  • The pigments market is expected to gain notable growth prospects in the near future owing to several key factors including a surge in the spending power of people, rapid economic growth, and swift urbanization in many nations across the globe including India, China, Brazil, and South Africa. Moreover, the market is being driven by rising demand for plastics in these nations.

Make an Enquiry Before Buying - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=905

Pigments Market: Growth Boosters

  • Surge in the use of paints & coatings globally is creating notable growth in demand of pigments market
  • Increase in the demand and production of plastics worldwide is prognosticated to help in the expansion of the pigments market size during the forecast period
  • Rise in the use of white-colored pigments in varied paints and coatings is driving the market growth

Pigments Market: Competition Landscape

  • Players in the global pigments market are focusing on the execution of varied strategies such as mergers, acquisitions, and new product launches in order to expand their businesses
  • Companies are concentrating on their financial restructuring and investments in order to gain leading market positions
  • Key enterprises are investing heavily in R&Ds in order to adopt technological innovations

Ask References - https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=905

Pigments Market: Key Players

Some of the key players profiled in the report are:

  • The Chemours Company
  • Tronox Limited
  • Clariant International AG
  • KRONOS Worldwide Inc.
  • Ferro Corporation
  • Cathay Industries Group
  • Sun Chemical Corporation
  • Gharda Chemicals Limited
  • Heubach GmbH
  • Altana AG
  • Sudarshan Chemical Industries Limited

Pigments Market Segmentation

  • Product
    • Inorganic
      • Titanium Dioxide
      • Iron Oxide
      • Carbon Black
      • Chromium Compounds
      • Others
    • Organic
      • Azo
      • Phthalocyanine
      • Quinacridone
      • Others
    • Specialty
      • Classic Organic
      • Metallic
      • High-performance Organic
      • Light Interference
      • Complex Inorganic
      • Fluorescent
      • Luminescent/Phosphorescent
      • Thermochromic
      • Others
  • End-use
    • Paints and Coatings
    • Printing Inks
    • Plastics
    • Construction Materials
    • Others


  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Browse More Chemicals & Materials Market Reports by TMR:

Concentrated Solar Power Market - Revenue of Concentrated Solar Power Market Estimated at US$ 69.7 Bn by 2031

Green Cement Market - Green Cement Market to Progress at 11.3% CAGR during the Forecast Period

Synthetic Diamond Market - Synthetic Diamond Market is Estimated to Progress at a CAGR of 6.9% during the Forecast Period 2022-2031

Sonochemical Coatings Market - Sonochemical Coatings Market is Estimated to Progress at a CAGR of 13.5% during the Forecast Period 2022-2031

Bio-based Bisphenol-A Market - Bio-based Bisphenol-A Market is Estimated to Progress at a CAGR of 19.1% during the Forecast Period 2022-2031

Petrochemicals Market - Petrochemicals Market is Estimated to Progress at a CAGR of 4.3% during the Forecast Period 2022-2031

Non-tearable Paper Market - Non-tearable Paper Market is Estimated to Progress at a CAGR of 6.4% during the Forecast Period 2022-2031

Sodium Cyanide Market - Sodium Cyanide Market is Estimated to Progress at a CAGR of 4.2% during the Forecast Period 2022-2031

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact Us:

Rohit Bhisey
Transparency Market Research Inc.
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com