Chemicals

Plastic Pigments Market to Witness Huge Growth by Key Players: Clariant, BASF, DIC, Huntsman, Cabot and others.

The Global report titled Plastic Pigments Market delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 153 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

Major Vendors profiled in the Plastic Pigments Market include are Clariant (Switzerland), BASF (Germany), DIC (Japan), Huntsman (US), Cabot (US), LANXESS (Germany), PolyOne (US), Chemours  (US), Heubach(Germany), Tronox (US), and Ferro (US).

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The Market size of Plastic Pigmentsis estimated at US$ 10.3 Billion in 2018 and is projected to reach US$ 14.8 Billion by 2023, at a CAGR of 7.5% from 2018 to 2023. Plastic Pigments Market spread across 153 Pages, profiling 11 companies and supported with tables and figures is now available in this research report.

“The Organic Plastic Pigments type segment is projected to register the higher CAGR during the forecast period.”

Organic pigments are expected to be the fastest-growing type of plastic pigments owing to increasing environmental regulations in the plastic industry. Organic pigments have superior heat stability and excellent light fastness properties. However, these can also contain metallic (inorganic) elements that help stabilize the properties of the organic components.

“Packaging to be the largest end-use industry of plastic pigments in terms of volume and value.”

Packaging is expected to be the largest and the fastest-growing end-use industryin the plastic pigmentsmarket during the forecast period.The packaging application of plastic pigments includes food packaging, pharmaceutical packaging, andhealthcare packaging. Plastic pigmentsare widely used in bothrigid packaging and flexible packaging.

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“APAC projected to be the largest plastic pigments market, in terms of volume, during the forecast period.”

The APAC Plastic Pigments Market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for plastics in the region, resulting from a growing middle-class population, rapid urbanization, and increasing purchasing power of consumers. The growing consumer goods and packaging end-use industries in this region fuelthe demand for plastic pigments in the APAC region, thereby contributing to the growth of the plastic pigments market in the region.

Study Objectives:

  • To forecast the size of the market with respect to five regions, namely, North America, Europe, APAC, Middle East & Africa, and South America along with their key countries
  • To analyze and forecast the market by type and end-use industry
  • To analyze competitive developments, such as new product launch, investment & expansion, and acquisition in the market
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, challenges, and opportunities)
  • To define, describe, and forecast the plastic pigments industry in terms of value and volume
  • To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders

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