Der "Steckbrief" » China Pigment Market Segmentation:

Global Pigment Market Research Report Easton Stick Womens Jersey , Analysis, Trends, Global Titanium Dioxide Market, Largest titanium dioxide market, Paint Coating Pigment Market Global : Ken Research
by ken001 · October 8, 2018


HOW GLOBAL PIGMENTS MARKET IS POSITIONED?


Global Pigments market is at a mature stage. The global pigment market grew from USD ~ billion in 2012 to USD ~ billion in 2017. The largest end user segment for pigments is the paints and the coatings industry. Following the paints and coatings industry Drue Tranquill Womens Jersey , the largest consumers of pigments are the plastic, printing ink and the construction industry. The rapidly growing middle class along with the strong and steady growth of the industrial sector in China and India have made the APAC region the growth engine of the global pigment market. The pigment market in Europe and US is mature, however, pockets of regional growth opportunities can be found driven by local requirement. Strict implementation of environmental regulations has affected the global commodity pricing of many products.


It has also softened the export of pigments from China as well as domestic consumption in China. The REACH regulations have had a negative impact on consumption of pigments in Europe as well as global market as it is a big hurdle for the smaller suppliers who do not have the necessary resource to provide compliance material. Big players in the ecosystem have invested in developing newer products with environmental, manufacturing and cost sustainability in order to broaden their product strial and architectural pigments have witnessed more or less similar growth patterns. However, the differentiation in demand for colors and properties from different end product manufacturers has widened the spectrum of the pigment industry globally.


GLOBAL PIGMENT MARKET SEGMENTATION


By Type of Pigments


China was the largest consumer for inorganic pigments followed by US Nasir Adderley Womens Jersey , India other European, Asian and CIS nium Dioxide (TiO2) alone dominated the entire pigments market due to its wide usage in paints, plastics, papers, inks, medicines Jerry Tillery Womens Jersey , toothpaste, skimmed milk, sunscreens, cement, tiles and other applications. The organic pigments market performance is parallel to the development of the various coatings market segments plus additional effects like color trend and replacement of lead chromates mainly in emerging markets. . Organic pigments have been gaining importance over the globe owing to its safe usage, irrespective of the price component and have become the preferred choice for both organized as well as unorganized segment over the globe


By Type of Market Structure


The Organized players have well established production plants spread across the globe to provide deliveries as per the production schedule of the client while maintaining a consistent e the unorganized manufacturers usually have a limited number ofproducts Mike Williams Womens Jersey , which are customized to cater the demand of only a few industries or the local market requirement.


By Type of End User Application


Applications such as architectural and refinishing, aerospace, automobile, furniture, decorative, industrial maintenance Derwin James Womens Jersey , marine and traffic markings are the major sectors that have boosted the demand for paints & coatings globally. Pigments are generally chosen over dyes for the coloration of plastics majorly due to their superior fastness properties. Printing ink is the third largest industry that drives the demand for pigments across the globe. The overall consumption volume as well as value of construction pigments has increased in the past two years. Other industries that have application of pigments mainly include food & beverages, cosmetics, textiles, paper and rubber industry.


China Pigment Market Size: Pigments industry in China was driven by technological developments and growth of major end users segments. The market grew with a CAGR of ~% during 2012-2017. In 2017, the Chinese pigment market was valued around USD ~ billion.


China Pigment Market Future Projections: The pigment market is expected to increase at a CAGR of ~% during 2017-2022. The market is expected to reach around USD ~ billion by 2022. As people’s living standards improve, domestic demand for automobiles will grow further. Therefore Joey Bosa Womens Jersey , the next few years the pigment industry sales will continue to maintain steady growth.


China Pigment Market Segmentation:


By Type of Pigment (Inorganic & Organic): As of 2017, China is the world’s largest producer and consumer of titanium dioxide. There are numerous small and medium-sized manufacturing companies, and the industrial concentration is not high, which limits the further development of China’s ti