Research Nester’s recent market research analysis on “Arylamide Pigments Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global Arylamide Pigments market in terms of market segmentation by type, end-use, and by region.
Growing Demand for Eco-Friendly Pigments to Promote Global Market Share of Arylamide Pigments
Continued research & development efforts can yield technological advances that improve the properties of acrylamide pigments and 9.broaden their range of applications. Employing various polyurethane solutions that provide notably improved sustainability in the industrial, automotive, and construction domains, which is propelling green travel developments. They help architects make buildings more insulated, which reduces the quantity of gas, oil, and electricity needed to heat and cool them. Consequently, arylamide pigments offer a sustainable alternative because they don't include any heavy metals or dangerous substances. This presents an opportunity for manufacturers to position arylamide pigments as eco-friendly. Products utilizing ecologically friendly coating technologies, such as waterborne, powder, and high solids, currently account for about 75% of coatings sales globally; this number has been rising gradually and is predicted to keep rising. Water-based architectural coatings account for more than 90% of all sales in the United States.
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Some of the major growth factors and challenges that are associated with the growth of the global Arylamide Pigments market are:
Growth Drivers:
• Growing Demand for Smart Technology and Miniaturization in Power Electronics
• Growing Demand for Paints and Coatings
Challenges:
Strict rules have been put in place by regulatory bodies regarding the usage of specific compounds and heavy metals in pigments. Adherence to these restrictions results in elevated production expenses and may constrain the expansion of the arylamide pigments market.
Some other factors such as fluctuating price of raw materials and availability of alternatives may hinder the growth of the market.
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By type, the global Arylamide Pigments market is segmented into yellow, red, and orange. The yellow segment is expected to hold a share of 47% during the forecast period. Arylide yellow, also known as Hansa yellow and monoazo yellow, is a group of chemical compounds that are used as pigments. Their primary use is as industrial colorants in paints for buildings, inks, and plastics. They are also used creatively with oil paintings, acrylics, and watercolors. These pigments are frequently semi-transparent and range in color from orange-yellow to yellow-green. Acrylics, creative oils, and watercolors all employ acrylamide yellow. These pigments are usually translucent and range in color from orange-yellow to yellow-green. Organic pigments and dioxalidide pigments are linked. These pigments have mostly replaced the hazardous cadmium yellow found on the market.
By region, the North America Arylamide Pigments market is anticipated to hold the largest share of 35% by the end of 2036. The considerable expansion of the paint and coatings industry in the United States and Canada has led to a rise in the use of arylamide pigment types. This is because both nations make significant investments in the construction of buildings, particularly high-rise buildings and structures, and the fact that paints and coatings are utilized by a wide range of industries in addition to the building and construction sector. The rapid growth of textile industries in the US and Canada is increasing demand for arylamide pigments, which they use to color clothing. The value added in the textile sector is estimated at USD 29,48 billion by 2024. In these countries, the paper and plastic industry is supported by high growth rates as well as a number of factors.
This report also provides the existing competitive scenario of some of the key players of the global Arylamide Pigments market which includes company profiling of KAPCI Coating, FENZI S.p.A, BASF SE, CHROMA AUSTRALIA PTY. LTD., Hoechst AG, Hangzhou Han-Color Chemical Co. Ltd., SpecialChem, Anupam Colours & Chemical Industries, Skychem Corporation Limited, Sudarshan Chemical Industries Limited, and others.
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