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Global Specialty Pigments Market

Global Specialty Pigments Market was valued at USD xx Bn in 2019 and is expected to reach USD xx Bn by 2027 at a CAGR of 3.6% over the forecast period 2020-2027.
Global Specialty Pigments Market
The report covers an in-depth analysis of COVID 19 pandemic impact on Global Specialty Pigments Market by region and on the key players’ revenue affected till July 2020 and expected short term and long-term impact on the market.
Specialty Pigments Market overview
The specialty pigments are completely insoluble in water, depends on the color they can absorb the wavelength and have a good efficiency of absorbing light. The market for specialty pigment is expected to grow with rising disposable income and rising constructions of smart cities which have driven the market. Besides, long-lasting pigment capabilities that can resist the harsh weather have fuelled the demand for the specialty pigment market. There is an increasing demand for specialty pigments especially in the original equipment manufacturers and automobiles industries. The specialty pigment market has more advantages than other pigments as they ...
... improve the functionality and enhance the aesthetic appeal by binding the substrate. Also, when painting together it enhances the originality appeal of the substrate. The consumer attraction towards their safety protection products such as protection of buildings from corrosion, dampness, vibrations, and fungi has increased the demand for the specialty pigment market. In addition, rising inclination towards eco-friendly products especially urban consumers has a positive impact on the specialty pigment market.
Specialty Pigments Market Dynamics
The increasing demand from plastic, paints, and coating and printing inks is expected to boost the specialty pigment market robust growth over the years. The growing infrastructural constructions especially in the paint and coating industry are fulling the need for the specialty pigment market. Besides, rising applications in paint and coating segments are expected to be the most important segment as the maximum revenue is generated by these segments. In addition, the growing economy, especially in developing countries, has increased the consumer demand for specialty pigments especially for plastic-based products, and rising demands for laser printing and inkjet printing have attracted many end-users which have made a positive impact over the forecast period.
Different regulatory limits on the use of specialty pigments by governments and regulatory authorities are expected to limit market growth. Specialty pigments are expensive, this is restricting the market growth. In addition to this, problems with handling and usability pose difficulties for matches are one of the key challenges for the specialty pigment market.
The inorganic segment is expected to robust growth over the years. The increasing demand for special effects pigments and end-use industries such as packaging, automobile, and printing applications with a rapid pace in urbanization is boosting the demand for the specialty pigment market. In the personnel care industry increase, the use of the cosmetic pigment market both in developed and developing countries has made a positive impact on the pigment market. The rising use of plastic, textile, and leather in various applications has increases the demand for the specialty pigment market over the forecast period.
Global Specialty Pigments Market: Market Segmentation
Global Specialty Pigments Market is segmented by Product Type (Complex inorganic pigments, Fluorescent pigments, Luminescent pigments, High-performance pigments, Metal effect pigments, Light interference pigments, Pearlescent and Other), by application ( Printing inks, Plastics industry, Toiletries, Paints, Coatings and Other) by Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
Global Specialty Pigments Market: Regional Analysis
The regional analysis of worldwide Specialty Pigments market is segregated across North America, Europe, Asia Pacific, Middle East and Africa, and South America. By region, Europe has dominated the specialty pigment market followed by Asia Pacific. Although, Asia Pacific region has a 40% share of the pigment market owing to growing industrialization and urbanization has made a positive impact on the market. Increasing end-use user market development and emerging economics such as Malaysia, India, and China has witnessed robust growth in these regions. Europe has witnessed rapid growth in the inorganic pigment market. During the forecast period, North America will display a moderate growth in the specialty pigment market. Innovations and increasing R & D development in recent years in automobile sectors are increasing the demand for the specialty pigment market. India and China have mostly contributed to the development of Specialty Pigments owing to expanding development exercises, rising material generation, and urbanization over the recent years.
Report covers an in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
The objective of the report is to present a comprehensive analysis of the Global Specialty Pigments Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Specialty Pigments Market dynamics, structure by analyzing the market segments and project Global Specialty Pigments Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Specialty Pigments Market make the report investor’s guide.
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Scope of Global Specialty Pigments Market
Global Specialty Pigments Market Segmentation by Product Type
• Complex inorganic pigments
• Fluorescent pigments
• Luminescent pigments
• High-performance pigments
• Metal effect pigments
• Light interference pigments
• Pearlescent
• Other
Global Specialty Pigments Market Segmentation by Application
• Printing inks
• Plastics industry
• Toiletries
• Paints
• Coatings
• Other
Global Specialty Pigments Market Segmentation by Region
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa
Global Specialty Pigments Market Major Players
• Clariant
• BASF
• Ferro
• Dainichiseika Color & Chemicals
• DayGlo
• Dominion Colour
• ECKART Effect Pigments
• Flex Products
• Merck
• Nemoto.
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