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Pigment Dispersions Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to

Pigment Dispersions Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to Pigment Dispersions Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast to BriefingWire.com, 4/12/2021 - According to Stratistics MRC, the Global Pigment Dispersions is accounted for $37.21 billion in 2017 and is expected to reach $65.58 billion by 2026 growing at a CAGR of 6.5% during the forecast period. Rising demand for paints and coatings, booming construction industry and increasing applications of pigment dispersions in emerging economies are the key driving factors for the market growth. However, stringent environmental regulations and volatility in raw material (pigment) prices are some of the factors hindering the market growth.

Pigment Dispersion Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027 | Clariant, BASF, DIC Corporation, Sudarshan Chemical, Chromaflo

Pigment Dispersion Market Size, Share, Industry Growth, Trend, Business Opportunities, Challenges, Drivers and Restraint Research Report by 2027 | Clariant, BASF, DIC Corporation, Sudarshan Chemical, Chromaflo
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Global Pigments Market Witnesses an Urgent Shift towards Eco-friendly Paints, Says Fairfield Market Research

Share this article Share this article LONDON, Jan. 14, 2021 /PRNewswire/ Urbanization is the major enabler for soaring demand of pigments in the global market. Rising construction activities have led to increased demand for building materials, bolstering the demand for pigments that lend the desired aesthetic. Fairfield Market Research predicts, the global pigments market will be worth US$40 Bn by the end of 2025 from US$30.1 Bn in 2017. The report indicates that the market will register a CAGR of 4.6% between 2021 and 2025. Paints and coatings industry is the largest consumer of pigments as it accounted for 57.5% of total market share in 2017. Pigments are primarily used for safeguarding paints against extreme weather conditions and corrosions. This makes it an ideal option for the paint and coatings industry to add visual and functional appeal to buildings.

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