HPPs market was valued at US$ 5.06 Bn in 2016 and is projected to register a CAGR of 4.0% in terms of revenue, over the forecast period (2017–2025).
High performance pigments (HPPs) are both inorganic and organic pigments with high insolubility, color strength, heat stability, weather and light fastness properties, bleeding and solvent fastness, and low migration. HPPs are used in wide variety of outdoor applications such as signage, advertising, and decals. Moreover, these pigments are used in indoor applications such as floor and wall coverings and printing inks used for specialty packaging such as retort packaging, metal decorating inks, security inks, electrophotographic toners, and color filters used in liquid crystal displays.
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Market Dynamics
Asia Pacific is the largest and fastest growing region in the global high performance pigments market. This is attributed to growth in various industries such as automotive, construction, and cosmetics. North America is projected to register significant growth in the high performance pigments market owing to significant demand for environment friendly pigments and highly effective pigments especially in the coatings industry.
Major players operating in the high performance pigments market are BASF SE, Clariant AG, Huntsman Corporation, Lanxess AG, Solvay SA, Heubach GmbH, Sun Chemical Corporation, Ferro Corporation, Merck KGaA, and Synthesia A.S.
Key features of the study:
- This report provides in-depth analysis of high performance pigments and provides market size (US$ Million), Kilotons (KT), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2016 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global high performance pigments market on the basis of the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include BASF SE, Clariant AG, Huntsman Corporation, Lanxess AG, Solvay SA, Heubach GmbH, Sun Chemical Corporation, Ferro Corporation, Merck KGaA, and Synthesia A.S.
- Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
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