Polycyclic Pigment Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026
- Transparency Market Research
- July 2039
- 0 pages
The pigment industry is facing many challenges, as prices of raw materials are expected to rise in the near future. Organic and inorganic pigments differ significantly in performance and cost. Organic pigments have a wide range of properties such as strength in chroma as well as strength in tint. The primary disadvantage of organic pigments is that they are weaker in weather fastness and opacity. The pigments manufacturers are investing in manufacturing effective pigments. Hybrid pigments are one of the growing inorganic pigments in the worldwide market. Hybrid pigments provide an effective alternative for organic pigments. Hybrid pigments help bridge the gap between performance and cost without ignoring the environmental concerns.
In the pigment industry, organic pigments are divided into four types: azo pigments, polycyclic pigments, lakes pigments, and others. Polycyclic pigments are also known as high-performance pigments. High performance pigments can also include certain inorganic pigments with low environmental impact. Polycyclic pigment are of the highest quality as compared to other pigments. Polycyclic pigment has the best durability and have been specialized and commoditized in terms of applications. This organic pigment is quite expensive. However, due to its improved and unique properties, demand for polycyclic pigments is increasing across the globe. The pigment industry is facing tough competition; however, demand for polycyclic pigments has been rising due to their excellent resistance properties. Polycyclic pigments include phthalocyanine pigments, quinacridone pigments, perylene pigments, and isoindolinone pigments.
Based on application, the polycyclic pigment market can be classified into automotive coatings, industrial coatings, decorative coatings, plastics, inks, and cosmetic products. Polycyclic pigments are primarily used in the coatings industry. Approximately 50% of these pigments are used in the automotive sector. Demand for polycyclic pigments has been rising in the printing industry. Plastic application is expected to witness strong growth during the forecast period. However, applications such as inks are anticipated to witness sluggish growth owing to factors such as rapid digitization in developed as well as developing regions. Implementation of stringent regulations related to food contact applications is expected to hamper market growth.
Based on geography, the global polycyclic market can be classified into Asia Pacific, Europe, North America, Latin America, and Middle East and Africa. North America and Europe are the major regions of the polycyclic pigment market. Europe is an active market in terms of strategic initiatives. Factors driving the market in the region include growth of end-use industries, amplified local manufacturing, and increase in number of domestic players in various vertical market segments. Major restraints include high price of polycyclic pigments and lack of quality control across developing countries. New product launch is the most preferred strategy adopted by key market players to sustain in the highly competitive market. There are opportunities for polycyclic manufacturers to increase the production of environmentally-friendly polycyclic pigments. Asia Pacific region is also expected to provide ample growth opportunities over the coming few years.
Major players operating in the global polycyclic market are Sun Chemical, Clariant, BASF, Ferro, Vijay Chemical Industries, Meghmani Pigments, Sudarshan Chemical Industries Ltd., Voxco Pigments and Chemicals Pvt. Ltd., Horsta Chemicals Zhuhai Co. Ltd., Heubach, DIC Corporation, Trust Chem and Eckart GmbH, Merck Performance Materials and Lansco Colors. These companies hold significant share of the market. Thus, the polycyclic pigment market experiences intense competition.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Chemicals
ChemicalsChinese Markets for Container Coatings
ChemicalsChinese Markets for Antioxidants
ChemicalsChinese Markets for Silicone Coatings
ChemicalsChinese Markets for Absorbents