Global Plastic
Pigments Market Overview
Plastic pigments market, globally, is
projected to reach $ 15.09 billion by 2024, growing at a CAGR of 7.21% during
the forecast period from $ 10.01 billion in 2018. High demand for packaging in
emerging countries is leading to increased consumption of plastic pigments. Growing
demand for plastics in automotive industry, increasing significance of
aesthetics in packaging, rising industrialization in emerging economies and
high demand for high-performance pigments are expected to drive global plastic
pigments market during forecast period.
Based on type, global
plastic pigments market has been segmented into inorganic and organic segments.
Among these types, organic pigments segment is expected to register fastest
growth in global plastic pigments market during the forecast period, whereas inorganic
pigments segment is anticipated to dominate the market, owing to its low cost.
Inorganic pigments have better resistance to sunlight and chemicals, as well as
provide superior opacity and durability. They also do not bleach out of the
plastics. Based on end-use industry, plastic pigments market, globally, can be categorized
into packaging, automotive, consumer goods, and building & construction
Global Plastic Pigments Market Regional Segmentation
Globally, plastic
pigments market has been segmented into Asia-Pacific, Europe, North America,
Middle East & Africa and South America. Asia-Pacific plastic pigments
market is anticipated to register highest growth during the forecast period,
owing to growing packaging industry along with rapid industrialization in the
region.
Competitive
Landscape
Some of
the leading companies operating in global plastic pigments market are Clariant, BASF, DIC, Huntsman, Cabot, LANXESS, Chemour,
Heubach, Tronox, Ferro, etc.
Years considered for this report:
Historical
Years: 2014-2017
Base Year:
2018
Estimated
Year: 2019
Forecast
Period: 2020-2024
Objective of the Study:
- To analyze
and forecast global plastic pigments market size.
- To
forecast global plastic pigments market based on type, end-use industry
and regional distribution.
- To
identify drivers and challenges for global plastic pigments market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in global plastic pigments market.
- To
conduct the pricing analysis for plastic pigments market.
- To
identify and analyze the profile of leading players involved in the
manufacturing of plastic pigments.
Click here to download the brochure
Some of
the leading players in global plastic pigments market are Clariant,
BASF, DIC, Huntsman, Cabot, LANXESS, Chemours, Heubach, Tronox, Ferro, etc.
TechSci
Research performed both primary as well as exhaustive secondary research for
this study. Initially, TechSci Research sourced a list of leading manufacturers
across the globe. Subsequently, TechSci Research conducted primary research
surveys with the identified companies. While interviewing, the respondents were
also enquired about their competitors. Through this technique, TechSci Research
could include the manufacturers which could not be identified due to the
limitations of secondary research. TechSci Research analyzed the product offerings,
distribution channels and presence of all major players operating in global plastic
pigments market.
TechSci Research
calculated global plastic pigments market size using a top-down approach, where data
for various end-user segments was recorded and forecast for the future years.
TechSci Research sourced these values from the industry experts and company
representatives and externally validated through analyzing historical data of
these product types and applications for getting an appropriate, overall market
size. Various secondary sources such as company websites, news articles, press
releases, company annual reports, investor presentations and financial reports
were also studied by TechSci Research.
Key Target Audience:
- Plastic
Pigment manufacturers and suppliers
- Plastic
Pigment end users
- Government
bodies such as regulating authorities and policymakers
- Organizations,
forums and alliances related to plastic pigments
- Market
research and consulting firms
The study is
useful in providing answers to several critical questions that are important
for industry stakeholders such as manufacturers, partners and end users. The
report also provides useful insights about which market segments should be
targeted over the coming years in order to strategize investments and
capitalize on growth opportunities.
Report Scope:
In this report,
global plastic pigments market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- Market, by Type:
- Inorganic
Pigments
- Organic
Pigments
- Market, by End-Use Industry:
- Packaging
- Consumer
Goods
- Building
& Construction
- Automotive
- Market, by Region:
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Europe
- Germany
- France
- Spain
- Italy
- United Kingdom
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- Iran
- South Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies operating
in global plastic pigments market.
Available Customizations:
With the given
market data, TechSci Research offers customizations according to a company’s
specific needs. The following customization options are available for the
report:
Company
Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
In case you don’t find what
you are looking for, please get in touch with our custom research team at sales@techsciresearch.com