Global Plastic Pigments Market was valued at US$ 10.35 Bn in 2019 and is expected to reach US$ 18.45 Bn by 2026, at a CAGR of 7.50% during a forecast period.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Global Plastic Pigments Market Dynamics
The selection of pigments is an important part of the plastics industry. They act as an important parameter in the function of strengthening the plastic. With a wide range of plastics, polymers, and inorganic pigment systems, each with unique physical requirements, the correct selection of colorants plays a vital role. In plastics, pigments exhibit color through the process of visible light absorption and scattering.
Pigments offer a wide range of choices to plastic manufacturers, due to their opacity, heat stability, and broader Chroma range for most of the inorganic pigments. It is usually the base polymer that dictates the colorant to be selected. In some end-users, pigment serves as a better alternative to dyes. Moreover, the demand for plastics has been increasing due to continuous innovation and development in various industries, which in turn increases the demand for plastics and plastic packaging. Pigments applied in the plastics industry guarantee maximum color strength and stability and low coloring costs. Besides coloring effects and improved aesthetics, pigments increase the stability of plastics and improve their resistance to weather conditions such as heat and moisture.
Global Plastic Pigments Market Segment Analysis
On the basis of type, the inorganic pigment segment is projected to lead the plastic pigment market during the forecast period. These are generally metallic oxides or synthetics. The inorganic pigments provide dull colors and have a good light fastness. They are preferred due to their low costs and better light fastness properties. The properties of the inorganic pigments and their low cost make inorganic pigments the largest type segment in the plastic pigments market.
On the basis of the end-use industry, the packaging segment is estimated to lead the plastic pigments market in 2019. This industry is growing across various sectors, such as food & beverage, healthcare, cosmetics, and other consumer goods due to the increasing use of plastics in these industries. The packaging is the largest and the fastest-growing end-use industry of plastic pigments due to the increased use of a variety of color shades to enhance the attractiveness of the packaging of goods.
Global Plastic Pigments Market Regional Insights
On the basis of region, APAC is projected to lead the plastic pigments market in 2019. Global plastic consumption has increased 3 times in the last 20 years. Growing population, increasing disposable incomes, urbanization, and changing lifestyles are driving the plastics market. China, India, Japan, and South Korea are some of the key plastic pigment markets in the region.
The report covers a global and regional level estimation and analysis for the plastic pigments market. The impact of the different market factors, such as drivers, restraints, opportunities, challenges, key issues, SWOT analysis, and technology forecasting is also illustrated in the report. The plastic pigments market report covers an in-depth study of global and regional market and market attractiveness analysis, wherein the End-user, Product, and regional segments are benchmarked based on their growth rate, general attractiveness, and market size.
Global Plastic Pigments Market, Key Highlights:
• Global Plastic Pigments Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Global Plastic Pigments Market
• Global Plastic Pigments Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Plastic Pigments Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Plastic Pigments Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion, and competitive landscape of the key players operating in the Global Plastic Pigments Market are also profiled.
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Scope of the Global Plastic Pigments Market: Inquire before buying
Global Plastic Pigments Market, by Type:
• Inorganic Pigments
• Organic Pigments
Global Plastic Pigments Market, by End-User:
• Packaging
• Consumer Goods
• Building & Construction
• Automotive
Global Plastic Pigments Market, by Region:
• North America
• Europe
• Middle East & Africa
• Asia-Pacific
• Latin America
Global Plastic Pigments Market Key Players
• Clariant
• BASF
• DIC
• Huntsman
• Cabot
• LANXESS
• Atul Ltd
• Mazda Colours Ltd.
• PolyOne
• Wuxi Koler Plastic Co., Ltd.
• Sudarshan Chemical Industries Limited
• Chemours
• Heubach
• Tronox
• Ferro
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Titled Global Plastic Pigments market Size, Status, and Forecast 2020-2027 which presents the clean elaborated structure of the report containing an inside and out the assessment of this industry and an estimable brief of its division.
The report on the global Plastic Pigments market gives an estimation of the improvement of the market dependent on historical studies and furthermore gives forecasts on based on an exhaustive exploration.
The market is relegated into different fragments with an overall viewpoint of the competitors and a posting of the profiled key players.
The market size with respect to revenue is resolved and accommodated for the study period alongside the components of the market, for example, the drivers and the limitations.The Global Plastic Pigments Systems Market research report is an insightful source of market insight dependent on the global Plastic Pigments Systems industry.
The report altogether analyzes different phases of the Plastic Pigments Systems business life cycle ranging from demand, creation, conveyance, deals, and utilization.
The market scope, history, execution, efficiency, and improvement are deeply analyzed in the report.
A global research report called Plastic Pigments market was recently published by Reports and Data.
To understand the structure of global trading, the report also gives statistical data on local consumption and global consumption.
The report also focuses on global major leading industry players of Plastic Pigments market providing information such as company profiles, product picture, and specification, price, capacity, cost, production, revenue, and contact information.Additionally, it discusses effective plans and development strategies, with tables and figures helping analyze the worldwide Plastic Pigments market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1818Some major players in the market include BASF SE, Clariant AG, DIC Corporation, Cabot Corporation, Ferro Corporation, Tronox Inc., Heubach GmbH, Sudarshan Chemical Industries, Chemours Company, and DCL Corporation.Market DynamicsThe global chemicals and materials have a wide range of application areas such as crop protection, animal nutrition, dietary supplements, preservatives, flame retardants, surface ingredients, active pharmaceutical ingredients, and matting agents among others.
Moreover, the growing urbanization, rapid industrialization, and high investment in infrastructure development create market demand over the forecast period.Competitive Landscape:The global Plastic Pigments market research report provides a competitive strategy analysis portfolio to provide a better understanding of the competitive landscape.
What strategic business plans have they undertaken?What are the key factors driving and restraining the growth of the market?What are the key outcomes of SWOT analysis and Porter’s Five Forces analysis?To know more about the report @ https://www.reportsanddata.com/report-detail/plastic-pigments-marketThank you for reading our report.
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Understanding the fact, the plastic pigment is up to three times brighter than non-fluorescent pigments, which make it a perfect choice in the plastic application where better clarity and brilliancy are needed.
To create quality and extraordinary products that help create the products that are bright, brilliant, and beautiful, contact the best plastic pigments manufacturers.
In the modern chemical industry, places increasing technical requirements on pigments/colorants.Understanding the need for synthetic and natural pigments and their manufacturers to the highest technical specification, we are here to help you in every manner.
Get a completely new range of technically advanced pigments developed specifically for optimum performance in different plastic product's applications.
Some amazing features of plastic pigments;Excellent colour consistency and surface finish qualityEasy to disperse and useSubstantially reduced to negligible plate outNon-migrating and non-bleedingThermal stabilityEnergy saving and environment friendlyFormaldehyde FreeCompliance with international regulatory standardsCompletely safe for use in plastic productsCompletely safe for use as colorants in plastic material coming into contact with food General Information on Plastic PigmentsColour and Opacity - the final colour and opacity of plastic pigment depend on the properties of additives and polymer.
Despite the fact, additives and polymer can cause adverse effects on the plastic product.
