ReportsnReports adds “Organic Pigments Market” to its store. The Report provides in-depth analysis of the Organic Pigments Market at global and key country level.
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The Organic Pigments Market size is estimated at USD 3.69 Billion in 2018 and is projected to reach USD 4.67 Billion by 2023, a ta CAGR of 4.8% between 2018 and 2023.
Top Companies Profiled in the Organic Pigments Market:
- BASF SE (Germany)
- Clariant AG (Switzerland)
- DIC Corporation (Japan)
- Heubach GmbH (Germany)
- Sudarshan Chemical Industries Ltd. (India)
The organic pigments market in the paints & coatings application is projected to witness the highest growth due to the increasing demand for decorative coatings, marine coatings, automotive coatings, and industrial coatings. Automotive coating is the largest consumer of organic pigments, followed by industrial and decorative coatings.
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The HPPs segment is expected to register the fastest-growth in the over all organic pigments market. This high growth is attributed to their superior properties such as light fastness, heat stability, and resistance to various chemicals, which make them suitable for high-performance applications.
Breakdown of primary participants’ profile:
- By Company Type– Tier1-70%, Tier2 -20%, and Tier3-10%
- By Designation- C Level-5%, Director Level-20%, and Others-75%
- By Region-North America-10%, Europe-35%,Asia Pacific-45%, Middle East& Africa -5%, and South America-5%