Published by news degree
Posted on August 2, 2021
According to the current analysis of Reports and Data, the global Organic pigments market was valued at USD 3.47 Million in 2018 and is expected to reach USD 5181.57 Million by the year 2026, at a CAGR of 5.1%. Organic Pigments market is expected to observe growth by virtue of its utilization in different end-use industries, including printing inks, paints, and coatings, plastics, textile, and rubber.
Recent stringent government regulations against the use of metallic content pigments are the major factor for growth in the organic pigments sector. In line with this, urbanization and rising infrastructure spending are expected to propel the market growth over the forecast years. They are also employed in several high-tech applications such as optoelectronic display, optical data storage, which is expected to create significant growth opportunities over the forecast years. However, their high cost and limited availability of raw material are the major factors that limit market growth. Although the market has reached the maximum potential in the North American and European regions, the market is anticipated to witness a small growth as major market players are aiming at designing and developing products in sync with continuously changing requirements for evolving technologies. However, constant changes in raw material prices is likely to be a major restraint for market growth. They are more expensive than inorganic pigments, which is a major factor acting as a restraint for the growth of the market. The market size of Organic Pigments is quite smaller than the market of inorganic pigments. The producers of inorganic pigment experience economies of scale for their production process, while the organic pigments are produced in quantitites that are small. Hence, the production cost is higher, which increases the price for the final product. Organic pigments are, approximately 1.5 times costlier than inorganic pigments, which acts as a limiter in market in the paints & coatings and other applications that are not subject to strict regulations.
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The organic pigments market is much fragmented and includes a large number of manufacturing and chemical giants as well as emerging players. Add to it , the emerging players have a good opportunity to enter the organic pigments market, owing to developments in the market and high demand from end-use industries. The usage of HPPs is increasing as they have more lightfastness, fastness to chemical exposure, weather fastness and heat stability than conventional pigments. They also possess properties like high color fastness and insolubility. Superior properties like these make organic pigments suitable for applications in automotive and decorative coatings, which require excellent light and weather fastness.
Key participants include:
BASF SE, Clariant AG, DIC Corporation, Heubach GmbH, and Sudarshan Chemical Industries Ltd., Ferro Corporation, Trust Chem, and Toyocolor, among others.
Further key findings from the report suggest
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1884
For the purpose of this report, Reports and Data has segmented the Organic Pigments market on the basis of type, source, application, and region:
Type (Revenue, USD Million; 2016–2026)
Source (Revenue, USD Million; 2016–2026)
Application (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-organic-pigments-market
The post Organic Pigments Market Share To Reach USD 5181.57 Million By 2026 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
According to the current analysis of Reports and Data, the global Organic pigments market was valued at USD 3.47 Million in 2018 and is expected to reach USD 5181.57 Million by the year 2026, at a CAGR of 5.1%. Organic Pigments market is expected to observe growth by virtue of its utilization in different end-use industries, including printing inks, paints, and coatings, plastics, textile, and rubber.
Recent stringent government regulations against the use of metallic content pigments are the major factor for growth in the organic pigments sector. In line with this, urbanization and rising infrastructure spending are expected to propel the market growth over the forecast years. They are also employed in several high-tech applications such as optoelectronic display, optical data storage, which is expected to create significant growth opportunities over the forecast years. However, their high cost and limited availability of raw material are the major factors that limit market growth. Although the market has reached the maximum potential in the North American and European regions, the market is anticipated to witness a small growth as major market players are aiming at designing and developing products in sync with continuously changing requirements for evolving technologies. However, constant changes in raw material prices is likely to be a major restraint for market growth. They are more expensive than inorganic pigments, which is a major factor acting as a restraint for the growth of the market. The market size of Organic Pigments is quite smaller than the market of inorganic pigments. The producers of inorganic pigment experience economies of scale for their production process, while the organic pigments are produced in quantitites that are small. Hence, the production cost is higher, which increases the price for the final product. Organic pigments are, approximately 1.5 times costlier than inorganic pigments, which acts as a limiter in market in the paints & coatings and other applications that are not subject to strict regulations.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/1884
The organic pigments market is much fragmented and includes a large number of manufacturing and chemical giants as well as emerging players. Add to it , the emerging players have a good opportunity to enter the organic pigments market, owing to developments in the market and high demand from end-use industries. The usage of HPPs is increasing as they have more lightfastness, fastness to chemical exposure, weather fastness and heat stability than conventional pigments. They also possess properties like high color fastness and insolubility. Superior properties like these make organic pigments suitable for applications in automotive and decorative coatings, which require excellent light and weather fastness.
Key participants include:
BASF SE, Clariant AG, DIC Corporation, Heubach GmbH, and Sudarshan Chemical Industries Ltd., Ferro Corporation, Trust Chem, and Toyocolor, among others.
Further key findings from the report suggest
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/1884
For the purpose of this report, Reports and Data has segmented the Organic Pigments market on the basis of type, source, application, and region:
Type (Revenue, USD Million; 2016–2026)
Source (Revenue, USD Million; 2016–2026)
Application (Revenue, USD Million; 2016–2026)
Regional Outlook (Revenue in USD Million; 2016–2026)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/1884
Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:
Ammonium Phosphate Market Size, Share, Trends & Analysis, Report By Type (Ammonium Polyphosphate, Di-Ammonium Phosphate (DAP), Mono-Ammonium Phosphate (MAP)), By Application (Fertilizers, Flame Retardant, Food & Beverage, Water Treatment Chemicals, Others), By Region, Competitive Strategies and Segment Forecasts for 2016-2026
Agricultural Chelates Market Size, Share & Analysis, By Type (EDTA, EDDHA, DTPA, IDHA, Others), By Application (Soil Application, Seed Dressing, Foliar Sprays, Fertigation, Others), By Micronutrient Type (Iron, Manganese, Others), By Crop Type (Cereals & Grains, Oilseeds & Pulses, Fruits & Vegetables, Others), By End-Use (Agriculture, Indoor Farming), And By Region Forecast To 2028
Borosilicate Glass Market Size, Share & Analysis By Type (Non-Alkaline Earth, Alkaline Earth Containing, High-Borate), Byapplication (Heat-Resistant Glass Panels, Display Screens, Lighting Glass, Sealing Glasses, Neutral Glasses, Cosmetic Containers, Solar Glass, Glass Microspheres, Others), By Region, Segment Forecast To 2027
Acoustic Metamaterials Market By Type (Resonant Membrane, Periodic Resonators, Sonic Crystal), By Application Type (Seismic Wave Reflection, Vibration Control, And Others), And Region-Global Forecast To 2027
Gracilaria Agarose and Gelidium Agarose Market Size, Share & Analysis, By Type (Gracilaria Agarose, Wild Harvest, Aquaculture, Gelidium Agarose, Wild Harvest, Aquaculture), By Application (Agarose Gel Electrophoresis, Protein Purification, Food & Beverage, Cosmetic, Microbiology, Others), By Region Forecast To 2027
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-organic-pigments-market
The post Organic Pigments Market Share To Reach USD 5181.57 Million By 2026 – Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
