free tracking Organic Pigments Market to accelerate at 6.57% CAGR, USD 8.35 Bn incremental growth expected during the forecast period | ZMR - Given Take Business
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Organic Pigments Market to accelerate at 6.57% CAGR, USD 8.35 Bn incremental growth expected during the forecast period | ZMR

Organic Pigments MarketOrganic Pigments Market
In: Business

The organic pigments are eco-friendly One of the key incentives for the usage of organic pigments is that they do not include any toxic compounds such as iron oxides, titanium dioxide, or cadmium. Furthermore, the growing use of Organic Pigments Market in the packaging industry to improve packaging aesthetics is propelling the market forward. Organic pigments, on the other hand, are more expensive than inorganic pigments, which may limit market expansion. The market is being driven by rising demand in the paints and coatings sectors, as well as a rise in demand from the textile industry.

Higher production costs due to severe environmental regulations, as well as the superior performance of inorganic pigments over organic pigments, are stifling the Organic Pigments Market’s growth. During the projection period, rapid urbanisation and increased infrastructure investment may boost the market. The Organic Pigments Market is being driven by an increase in demand for organic products as a result of changing customer preferences. Organic pigments are most commonly seen in the food and beverage industry. During the projected period, it is expected to fuel demand for organic pigments. Organic pigments’ high cost is a stumbling block for the global organic pigments market.

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Important Developments

• DCL bought Sun Chemical’s production site in Goose Creek, South Carolina, in July 2021. It can supply specialty pigment family members with the best performance, including high chromaticity, dependability, heat resistance, and transparency, for most high-performance applications, such as automobiles, paints and coatings, and engineered plastics.

• Clariant has reached an agreement with Heubach to sell its organic pigments business in June 2021. By 2022, Heubach and SK Capital will have acquired the company, with Clariant owning 20% of the equity.

Key Players

The major players in the market are Clariant AG, DIC Corporation, BASF SE, Ferro Corporation, Dominion Colour Corporation, Toyocolor Co. Ltd, Heubach GmbH, Trust Chem Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co., Ltd., and Neochem Industries.

Zion Market Research has segmented the Global Organic Pigments Market On the basis of Type, Application, and Geography.

Organic Pigments Market, By Type

• Azo Pigments
• Phthalocyanine Pigments
• HPPs
• Others

Organic Pigments Market, By Application

• Printing Inks
• Paints and Coatings
• Plastics
• Others

Organic Pigments Market, by Geography

• North America
• U.S
• Canada
• Mexico

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Highlights of the Organic Pigments Market in 2021-2025

• During the forecast period 2021-2025, the market will grow at a compound annual growth rate (CAGR).
• Detailed information on the elements that will aid the expansion of the organic pigments market over the next five years.
• Estimation of the size and contribution of the organic pigments market to the parent market
• Future trends and shifts in consumer behaviour are predicted.
• The market for organic pigments is expanding.
• An examination of the competitive environment in the market, as well as thorough information on vendors
• Details on the issues that will stymie the expansion of the organic pigments industry, as well as providers.

About Us :

Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database.

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