Organic Pigments Market
The Organic Pigments Market is poised to witness a huge growth over the forecast period due to the rising demand in the textile, paints and coating industry. Rapidly accelerating urban population and a surge in infrastructure spending are projected to drive the organic pigments market growth.
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Organic Pigments Market Dynamics
Organic pigments offer better chemical resilience, bright colour, and greater strength. The expansion in plastic industry, increasing inclination towards plastic packaged products, and the growing demand for environment-friendly packaging are some of the major factors fuelling the organic pigments market. Organic pigments are increasingly used across different industries which include plastics, paints and coatings, and textile owing to the enhanced transparency and chemical stability. However, the huge cost of organic pigments over inorganic pigments will restrain the organic pigments market size.
Type Segment Analysis
The high-performance pigments will witness a higher growth during the forecast period owing to their growing deployment to coat cars, aircrafts, ships, and trains. HPPs offer several beneficial features which include glossy effect, high brightness, high insolubility, colour strength, heat stability, and chemical resilience.
Application Segment Analysis
The paint & coatings application is expected to hold the largest share over the forecast period. Organic pigments are environment-friendly and cost-effective solutions, which makes them highly suitable for decorative coatings, majorly in the construction industry. Further, the increasing demand of decorative coatings, automotive coatings, marine coatings, textile painting, and industrial coatings will propel the organic pigments market share.
Organic Pigments Market Segmentation:
Organic Pigments Market by Type
- Azo Pigments
- Phthalocyanine Pigments
- High Performance Pigments
- Others
Organic Pigments Market by Application
- Printing Inks
- Paints & Coatings
- Plastics
- Textile
- Cosmetics
- Others
Organic Pigments Market by Region:
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- North America
- United States of America
- Canada
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
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