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Development of the global market size of high performance pigments

2016-03-14 | Hits: 2018 Changzhou Xuanshi Imp.&Exp. Co., Ltd.
Tigs: Paint market development

In the past 2015, the global market size of high performance pigments $ 4.56 billion, over the next five years, namely 2016 --2021, the global market size of high performance pigments will be 3.81% compound annual growth rate, 2021 will reach $ 5.71 billion. High-performance pigment market attributed the high growth areas of application of high demand, such as in the United States, the Middle East, Germany, France, China, India and Japan, coatings, plastics, cosmetics and other pigments demand.
 

High performance pigments in the forecast period in 2015, dominated the field of coatings market growth, followed by plastic. Cosmetics in the forecast period witnessed the highest growth rate of high performance pigments is due in North America, Europe and Asia Pacific beauty of high growth. North America, Middle East, Asia such as China, Japan, India's auto industry also contributed to the growth of high-performance pigment market.
 
Depending on the type of high-performance pigments classified as organic and inorganic / metallic pigment. Due to the environmental characteristics of organic pigments, pigment market leading high performance, in the foreseeable period, the high-end color green organic pigments and inorganic pigments as also will witness the fastest growth rate. They are mainly used in engineering plastics, high-end coatings, and cosmetics and other fields.
 
Currently, high performance pigments, Asia-Pacific is the largest market by value, followed by North America. Asia-Pacific is the fastest growing market due to high performance in the automotive and construction industries and other high demand. Major developing countries such as China, India and South Korea is the main driving force of the presence of high performance pigments in the region. High performance pigment market in North America is also expected to grow significantly due to the high demand for high performance pigments in the field of cosmetics.
 
There are some important pigment manufacturer BASF (Germany), Clariant (USA), Huntsman Corporation (Japan), Lanxess (Germany), Solvay SA (Belgium), Atul Ltd (India), Sudarshan Chemical Industries Ltd. (India), Heubach GMBH (Germany), sun chemical (USA), Synthesia AS (Czech Republic), Sophie Philippine company (US), Hunan Jufa Technology Co., Ltd (China), Gharda chemicals Ltd. (India ). These companies competing in this market with prices and products to meet market demand.

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