Global Plastic Pigments Market is projected to reach USD 15 billion by 2024 and grow at a CAGR of 7.5% | TechSci Research


Posted March 5, 2019 by James_Smith

TechSci Research calculated global plastic pigments market size using a top-down approach, where data for various end-user segments was recorded and forecast for the future years.

 
Global Plastic Pigments Market Overview

Global Plastic pigments market is projected to reach $ 15 billion by 2024, growing at a CAGR of 7.5% during the forecast period. High demand for packaging in emerging countries is leading to increased consumption of plastic pigments. Growing demand for plastics in automotive industry, increasing significance of aesthetics in packaging, rising industrialization in emerging economies and high demand for high-performance pigments are expected to drive global plastic pigments market during forecast period.

Based on type, Global Plastic Pigments Market has been segmented into inorganic and organic segments. Among these types, organic pigments segment is expected to register fastest growth in global plastic pigments market during the forecast period, whereas inorganic pigments segment is anticipated to dominate the market, owing to its low cost. Inorganic pigments have better resistance to sunlight and chemicals, as well as provide superior opacity and durability. They also do not bleach out of the plastics. Based on end-use industry, plastic pigments market, globally, can be categorized into packaging, automotive, consumer goods, building & construction and others.

Browse 124 market data Figures and Tables spread through 187 Pages and an in-depth TOC on "Global Plastic Pigments Market"

https://www.techsciresearch.com/report/global-plastic-pigments-market/3825.html

Global Plastic Pigments Market Regional Segmentation

Globally, plastic pigments market has been segmented into Asia-Pacific, Europe, North America, Middle East & Africa and South America. Asia-Pacific plastic pigments market is anticipated to register highest growth during the forecast period, owing to growing packaging industry along with rapid industrialization in the region.

Competitive Landscape

Some of the leading companies operating in global plastic pigments market are Clariant, BASF, DIC, Huntsman, Cabot, LANXESS, Chemours, Heubach, Tronox, Ferro, etc.

Some of the leading players in global plastic pigments market are Clariant, BASF, DIC, Huntsman, Cabot, LANXESS, Chemours, Heubach, Tronox, Ferro, etc.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of leading manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major players operating in global plastic pigments market.

TechSci Research calculated global plastic pigments market size using a top-down approach, where data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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Last Updated March 5, 2019