DUBLIN, March 31, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Organic Pigments Market 2017-2021" report to their offering.
The global organic pigment market to grow at a CAGR of 3.66% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global organic pigment market for 2017-2021. To calculate the market size, the report presents the vendor landscape and corresponding detailed profiles of the key five vendors operating in the market. The report also includes a discussion of the key vendors operating in this market.
Pigments are soluble colorants that are usually in the powder form. Pigments are derived from minerals. They can be produced synthetically as well. Pigments offer enormous options in terms of color. They have better color retention properties in comparison with dyes. Pigments add value in terms of visual appeal and durability to various products such as textiles, food products, cosmetics, plastics, paints, and inks.
According to the report, one driver in market is population growth and demand for urbanized areas. In recent years, the migration of individuals from rural to urban areas has been a cause of concern for many nations globally. This factor has led to improved living standards and people embracing urban lifestyles. This trend is being monetized by the automotive, construction, and general industrial segments. All three segments are highly dependent on the pigments sector for imparting aesthetic appeal. Global population growth has resulted in a shift from rural to urban dwellings. This has affected the equity of expenditure on luxury and lifestyle.
Market Dynamics
Market drivers
- Population growth and demand for urbanized areas
- Regulations on VOC emissions driving organic pigments market
- Increased demand from coatings sector
Market challenges
- High cost of organic pigments
- Volatile raw material prices to negatively impact organic pigments
- Cumbersome dispersion process
Market trends
- Advancement in organic pigments: Biopigments
- Growing prominence of sustainable paints
- Increased demand for pigments with functional benefits
Key vendors
- BASF
- Clariant
- DIC
- Heubach
- LANXESS
Other prominent vendors
- Cappelle Pigments
- Dainichiseika Color & Chemicals
- LANSCO COLORS
- Neochem Industries
- Synthesia
- VIBFAST PIGMENTS
- TOYOCOLOR
For more information about this report visit http://www.researchandmarkets.com/research/w27c9d/global_organic
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