July 01, 2022
As per the research report titled ‘Global Pigment Dispersions Market 2022-2028’, available with MarketStudyReport, global pigment dispersions market is expected to accrue a valuation of USD 25,262 million by the end of 2028, achieving a CAGR of 4.1% during the review period.
The determinants influencing the growth of global pigment dispersions market include rising preference for brightly packaged food products among consumers, increasing utilization of plastic & paperboard substances for food packaging, surge in demand for paints & coatings, and flourishing construction sector.
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Furthermore, soaring industrialization in developing nations, combined with growing demand for organic pigments are favoring the market expansion.
Apart from providing a detailed analysis of the market sphere and key growth drivers, the research report also includes a comprehensive overview of the limitations and challenges, along with the plausible tactics that will assist stakeholders in maintaining their revenue inflow.
On top of that, the document also consists of an in-depth evaluation of market size, key trends, competitive scenario, and segmentations. It explores the influence of the COVID-19 outbreak on the overall industry growth.
As per product type, worldwide pigment dispersions industry is divided into inorganic pigment dispersions and organic pigment dispersions. Based on application spectrum, the market is segmented into paint & coatings, inks, plastics, and others.
Moving forward, the major regional markets examined in the report are North America, Europe, and Asia Pacific). Drawing conclusions from the historical data of 2018-2020 and taking 2021 as the base year with the latest trends, the report attempts to predict the growth percentage of these verticals for the stipulated timeframe to assist the stakeholders in understanding the growth potential of the business sphere.
Ultimately, the research examines the profiles of top-notch players responsible for the growth of global pigment dispersions industry, such as Sun Chemical Corporation (DIC Corporation), Pidilite Industries Limited, Ferro Corporation, BASF SE, Solvay S.A., Heidelberger Druckmaschinen AG, Clariant AG, and Altana AG.