The global pigments market size was valued at USD 28,857.5 million in 2023 and is poised to grow at a significant CAGR of 5.35% during the forecast period 2024-30. It also includes market size and projection estimations for each of the five major regions from 2024 to 2030. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and is further split by nations and categories within each region. The research also includes factors and barriers to the pigments market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global pigments market segmentation:
1) By Product Type: Organic Pigments, Inorganic Pigments, Specialty Pigment
2) By Application: Paints and Coatings, Textiles, Printing Inks, Plastics, Others
The primary factors of the pigments market drivers are the rise in construction activity has increased the demand for long-lasting pigments that can withstand harsh conditions. The pigments market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The pigments market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the pigments market report, accounting for the highest share in 2023. It was followed by Asia Pacific, and then the other regions.
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The important profiles and strategies adopted by the pigments market key players are Altana AG, DIC Corporation, Kronos Worldwide, Inc, Lanxess, LB Group, The Chemours Company, Tronox Holdings Plc, Venator Materials PLC, BASF SE, Gharda Chemicals Limited, Ferro Corporation is covered here to help them in strengthening their place in the market.
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