Market Overview

Organic Pigments: Global Market Overview & Outlook 2018-2023 - Higher Cost of Organic Pigments than that of Inorganic Pigments is Restraining Growth

Share:

Organic Pigments: Global Market Overview & Outlook 2018-2023 - Higher Cost of Organic Pigments than that of Inorganic Pigments is Restraining Growth

PR Newswire

DUBLIN, July 20, 2018 /PRNewswire/ --

The "Organic Pigments Market by Type, Application, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

Research and Markets Logo

The organic pigments market size is estimated at USD 3.69 billion in 2018 and is projected to reach USD 4.67 billion by 2023, at a CAGR of 4.8% between 2018 and 2023.

The high demand for organic pigments in various applications, such as printing inks, paints & coatings, and plastics, is expected to drive the organic pigments market.

The key restraining factor in the organic pigments market is the high cost of organic pigments. Organic pigments are, approximately, one and a half times costlier than inorganic pigments, which limits its market in paints & coatings and other applications that are not subject to stringent regulations.

Based on type, the organic pigments market has been segmented into azo pigments, phthalocyanine pigments, HPPs, and others. The azo pigments segment is expected to be the largest type due to the large-scale usage in printing inks applications which are used in food & beverage and consumer goods packaging. The availability of a range of different colors, such as red, orange, and yellow, of azo pigments at a low price is also a major reason for the large demand.

Based on application, the organic pigments market has been segmented into printing inks, paints & coatings, plastics, and others. Organic pigments are widely used in printing inks in packaging and printing media industries due to stringent government regulation against usage of metallic content pigments.

Based on region, the organic pigments market has been segmented into Asia Pacific, North America, Europe, the Middle East & Africa, and South America. The organic pigments market in Asia Pacific is projected to be the largest and fastest-growing, owing to the growing demand from packaging, automotive, and construction industries in the region.

Companies such as BASF SE (Germany), Clariant AG (Switzerland), DIC Corporation (Japan), Heubach GmbH (Germany), Sudarshan Chemical Industries Ltd. (India), Ferro Corporation (US), Trust Chem Co. Ltd. (China), Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Dominion Colour Corporation (Canada), and Toyocolor Co. Ltd. (Japan) have adopted new product launches, agreements & partnerships, mergers & acquisitions, and investments & expansions strategies to enhance their foothold in the market.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Unit Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Organic Pigments Market
4.2 Organic Pigments Market, By Application
4.3 APAC Organic Pigments Market, By Application and Country
4.4 Organic Pigments Market, By Region
4.5 Organic Pigments Market, By Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Importance of Aesthetics in Packaging
5.2.1.2 Stringent Regulations for the Use of Printing Inks in Food Contact Materials
5.2.2 Restraints
5.2.2.1 Higher Cost of Organic Pigments Than That of Inorganic Pigments
5.2.3 Opportunities
5.2.3.1 Increasing Demand for High Performance Pigments
5.2.4 Challenges
5.2.4.1 Increasing Production Cost Due to Strict Environmental Regulations
5.3 Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
5.4 Macroeconomic Indicators
5.4.1 Trends in Plastic Industry

6 Organic Pigments Market, By Type
6.1 Introduction
6.2 Azo Pigments
6.3 Phthalocyanine Pigments
6.4 High Performance Pigments
6.5 Others

7 Organic Pigments Market, By Application
7.1 Introduction
7.2 Printing Inks
7.3 Paints & Coatings
7.4 Plastics
7.5 Others

8 Organic Pigments Market, By Region
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 Italy
8.3.4 Spain
8.3.5 UK
8.3.6 Rest of Europe
8.4 APAC
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 South Korea
8.4.5 Indonesia
8.4.6 Rest of APAC
8.5 Middle East & Africa
8.5.1 Turkey
8.5.2 Iran
8.5.3 Rest of the Middle East & Africa
8.6 South America
8.6.1 Brazil
8.6.2 Argentina
8.6.3 Rest of South America

9 Competitive Landscape
9.1 Overview
9.2 Market Ranking
9.3 Competitive Scenario
9.3.1 New Product Launch, 2015-2018
9.3.2 Investment & Expansion, 2015-2018
9.3.3 Agreement & Partnership, 2015-2018
9.3.4 Merger & Acquisition, 2015-2018

10 Company Profiles
10.1 BASF SE
10.2 Clariant AG
10.3 DIC Corporation
10.4 Heubach GmbH
10.5 Sudarshan Chemical Industries Ltd.
10.6 Ferro Corporation
10.7 Trust Chem Co. Ltd.
10.8 Dainichiseika Color & Chemicals Mfg. Co., Ltd.
10.9 Dominion Colour Corporation
10.10 Toyocolor Co. Ltd.
10.11 Other Companies
10.11.1 Gharda Chemicals Ltd
10.11.2 Atul Chemical Ltd.
10.11.3 Cathay Industries
10.11.4 Apollo Colors Inc.

For more information about this report visit https://www.researchandmarkets.com/research/97dzbx/organic_pigments?w=5

Media Contact:


Laura Wood, Senior Manager
press@researchandmarkets.com  

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Cision View original content:http://www.prnewswire.com/news-releases/organic-pigments-global-market-overview--outlook-2018-2023---higher-cost-of-organic-pigments-than-that-of-inorganic-pigments-is-restraining-growth-300684208.html

SOURCE Research and Markets

View Comments and Join the Discussion!