Asia-Pacific Organic Pigments Market, By Type (Azo Pigments, Phthalocyanine Pigments, Carbazole Violet, High Performance Pigments, Others), Color (Yellow, Red, Blue, Green, Violet, Others), Application (Printing Inks, Paints and Coatings, Plastics, Ceramics, Glass, Minerals, Leather and Textile, Cosmetics, Electronics, Others), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific)- Industry Trends and Forecast to 2028.
The organic pigments market is expected to witness market growth at a rate of 6.55% in the forecast period of 2021 to 2028. Data Bridge Market Research report on organic pigments market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of organic pigments market.
Organic pigments refer to the organic solids that are utilized in the coloring of rubber products, paints, inks, plastic products and coating printing size. These pigments are available in various colors such as violet, orange, black, white, red, blue, orange, black, and white, among others. These are known to possess heat, tinctorial strength, light, stability to solvent, weathering and are insoluble physically and chemically unaffected by the substrate.
The increase in demand from the paints and coatings industry across the region acts as one of the major factors driving the growth of organic pigments market. The rise in demand for aesthetics in the printing inks segment and surge in demand for high-performance organic pigments owning to the increasing consumer preference for environment-friendly products accelerate the market growth. The high usage in niche applications such as production of advertising and packaging leaflets and catalogues because of their ability to provide intense and bright colors, and surge in restraints in food packaging applications further influence the market. Additionally, expansion of various end use industries, rise in environmental concerns, growth in awareness, and growing demand of bio-based paints positively affect the organic pigments market. Furthermore, rise in demand for color filters of LCD/LED/OLED displays extend profitable opportunities to the market players in the forecast period of 2021 to 2028.
On the other hand, high cost associated with the organic pigments and increase in eco-friendly restrictions on raw materials of organic pigments are expected to obstruct the market growth. The rise in environmental regulations and lower supply, and disturbed supply chain due to COVID-19 are projected to challenge the organic pigments market in the forecast period of 2021-2028.
This organic pigments market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on organic pigments market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Organic Pigments Market Scope and Market Size
The organic pigments market is segmented on the basis of type, color and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the organic pigments market is segmented into azo pigments, phthalocyanine pigments, carbazole violet, high performance pigments and others.
- On the basis of color, the organic pigments market is segmented into yellow, red, blue, green, violet and others.
- On the basis of application, the organic pigments market is segmented into printing inks, paints and coatings, plastics, ceramics, glass, minerals, leather and textile, cosmetics, electronics and others.
Asia-Pacific Organic Pigments Market Country Level Analysis
The organic pigments market is analyzed and market size insights and trends are provided by country, type, color and application as referenced above.
The countries covered in the Asia-Pacific organic pigments market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC).
Japan dominates the organic pigments market owning to the increase in research and development activities in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Organic Pigments Market Share Analysis
The organic pigments market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to organic pigments market.
The major players covered in the organic pigments market report are FERRO CORPORATION, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Sudarshan Chemical Industries Limited, LANXESS, Atul Ltd, Synthesia, a.s., Heubach GmbH, Trust Chem Co., Ltd., CATHAY INDUSTRIES, Merck KGaA, BASF SE, DIC CORPORATION, Clariant, Carl Schlenk AG, Apollo Colors Inc, The Chemours Company, Jet-Mate Canada Inc., TOYOCOLOR CO., LTD, Organic Dyes and Pigment, and Dominion Colour Corporation, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.