ID: MRFR/CnM/1159-HCR | 146 Pages | Author: Anshula Mandaokar | March 2024
Paint Pigments Market Size was valued at USD 28.44 Billion in 2022. The Paint Pigments industry is projected to grow from USD 28.62 Billion in 2023 to USD 43.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3 % during the forecast period (2023 - 2032).
Infrastructure spending is likely to boost paint pigments market during the forecast period. Globally, the paint & coating market is boosting the overall market which in turn has created a platform for paint pigment manufacturers to cover the market.
Geographically, Asia-Pacific is expected to be the fastest growing as well as the largest market for paint pigment where China’s contribution to the overall market has created several opportunities to the local as well as global players. North America and Europe would stand second and third rank in terms of value and volume.
Some of the key players in this market are BASF SE, Dow Chemical Company, Huntsman Corporation, Nippon Kayaku Company, Cabot Corporation, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, Ei Dupont De Nemours, Dic Corporation and others.
The report for Global Paint Pigments Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Report Attribute/Metric | Details |
---|---|
Market Size | 2030: Significant value |
CAGR | 4.8 %(2022–2030) |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2019Â &Â 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Forms, By Mixture, By Application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | BASF SE, Dow Chemical Company, Huntsman Corporation, Nippon Kayaku Company, Cabot Corporation, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, Ei Dupont De Nemours, Dic Corporation |
Key Market Opportunities | The paint & coating market is boosting the overall market which in turn has created a platform for paint pigment manufacturers. |
Key Market Drivers | Infrastructure spending is likely to boost paint pigments market during the forecast period. |
The paint & coating industry to boost the paint pigments market.
The paint pigments market CAGR will be 4.8% during the forecast period.
Asia Pacific to dominate the global paint pigments market.
Players included in the paint pigments market are Dow Chemical Company, Huntsman Corporation, BASF SE, Cabot Corporation, Nippon Kayaku Company, Sensient Technologies, Ei Dupont De Nemours, Synthesia, Clariant, Evonik Degussa, Shanghai Road Dyestuffs & Chemicals, Dic Corporation, and others.
The forms discussed in the paint pigments market report are liquid and powder.
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