Global Pigment Additives Market 2018-2022

Pigment additives enhance the properties of pigments that are used in paints, coatings, and printing inks. Technavio’s market research analysts have predicted that the non-personalized gifts market will witness considerable growth during the period 2018-2022. Considering the sales of pigment additives across several application segments including inorganic pigments, organic pigments, and other pigments, our analysts have estimated that this market will register a CAGR of more than 6% by 2022.

Global Pigment Additives Industry Overview

According to Technavio’s pigment additives market research report, the increased demand for pigments from the paints and coatings industry is identified to be one of the key factors driving the market’s growth. Paints and coatings are chemicals that enhance the aesthetic value of substrates and offer various functional benefits such as conduction, anti-skid, insulation, reflection, and light absorption.  With the increasing use of paints and coatings across several end-user industries such as construction, automotive, and aerospace, the demand for pigment additives is expected to rise considerably in the upcoming years. Since these pigments help in improving the opacity, texture, and pseudo plastic flow of paints and pigments, they are increasingly being used in the paints and coatings industry, further contributing to the rising demand for pigment additives.

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Companies covered

The pigment additives market is quite fragmented owing to the presence of various pigment additive manufacturers increasing their focus on green products and eco-friendly alternatives considering the rising environmental concerns across several end-user industries. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this pigment additives industry analysis report will aid clients in identifying new growth avenues and design innovative strategies to strengthen their geographic presence.

The report offers a complete analysis of various companies including:

• Akzo Nobel
• BASF
• DowDuPont
• Evonik Industries
• Huntsman International
• Solvay

Pigment additives market growth based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries in APAC will contribute to the largest growth of this market throughout the predicted period. Owing to the rapidly evolving use of paints and coatings in the construction and automotive industries across the emerging economies including India and China, the region is likely to continue accounting for the largest demand for pigment additives during the forecasted period as well.

Pigment additives market growth based on application

• Inorganic pigments
• Organic pigments

According to our market research experts, the inorganic pigments segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various other application segments to the growth of the pigment additives market size.

Key highlights of the global pigment additives market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the pigment additives market during the next five years
• Precise estimation of the global pigment additives market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• Growth of the pigment additives industry across various geographies such as the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive information about factors that will challenge the growth of pigment additives companies

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global pigment additives market and its stakeholders over the forecast years.

Market research analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the pigment additives market over the coming years are the global automotive paints and coatings market and the global inorganic pigment market.

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