Dublin, Dec. 18, 2017 (GLOBE NEWSWIRE) -- The "Global Pigments Market 2017-2021" report has been added to Research and Markets' offering.
The global pigments market to grow at a CAGR of 3.92% during the period 2017-2021.
Global Pigments Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is growing prominence of sustainable paints. Paints and coatings consume large volumes of pigments. They are responsible for imparting color and finish along with protecting the surface from corrosion and harsh weather. Inorganic pigments are known to exhibit elastic properties and find use in applications that require metallic finishes.
According to the report, one driver in the market is increased demand for effect pigments/solar reflective pigments. Effect pigments are characteristic of differentiated appearance. The automotive industry is particularly expected to benefit from the superior properties of effect pigments. Trend of effect pigments is growing in the automotive sector owing to their brilliant luster and chroma, reflection coupled with interference, enhanced orientation, reduced opacity, overall appearance, and durability. Although all pigments absorb, reflect, and transmit light, the degree of their performance varies. Solar radiation is one of the prime reasons for heat build-up. The infrared region is the primary cause for the increase in temperature.
Further, the report states that one challenge in the market is globalization of pigments market. The pigments market has set foot in a globalized environment. The largest end-users, paints and coatings sectors, are increasingly becoming global in their outlook. The pigment market is expected to follow the footsteps of these end-user industries. This effect is visible in China, where the production capacities have considerably reduced, and the global pigments market has started to accept the effects of globalization. Globalization trend impacts pigment supplier and manufacturers, and customer base. The pigment manufacturers are expected to provide consistent quality pigments worldwide, which is an additional pressure imparted to the pigment manufacturers.
Market trends
- Biopigments: The way forward
- Growing prominence of sustainable paints
- Increased demand for pigments with functional benefits
Key vendors
- BASF
- DIC
- Ferro
- Heubach
- LANXESS
Other prominent vendors
- Clariant
- CRISTAL
- Dainichiseika Color & Chemicals
- DuPont
- ECKART
- Huntsman International
- Kronos
- LANSCO COLORS
- Tronox
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation By Type
Part 09: Market Segmentation By End-Use
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/5rdsr2/global_pigments?w=12