China pigments market is driven by multiple factors such as consistent growth in the paints & coatings sector as well as substantial application in the building materials, plastics, and various other fields. The market is segmented into product type and application. By product type, the market is fragmented into organic pigments, inorganic pigments, and specialty pigments. On the basis of application, the market is segregated into paints & coatings, plastics, printing inks, construction materials, and others.
Demand for pigments is driven by numerous aspects such as use of innovative pigmentation to obtain greater levels of vibrancy & shade strength of various products, use of green pigments to lower health hazards & environmental pollution, and increase in applications of pigments in different industries. The China pigments market is driven by rise in the use of construction materials, such as paints & coverings; increase in the need for plastics for consumer goods, automobile elements; & bioplastics; and flourishing growth in the printing industry for end-user applications.
Furthermore, increase in demand from the construction materials and automobile industries, technical advancement, improvement in colorants, power performance, and arrival of bio-based materials are contributing to the growth of the China pigments market. In addition, enhanced product quality, increase in product efficiency, and product modification are likely to sustain the growth of the pigments market in China. Moreover, rise in usage of environmentally friendly pigments to lower air pollution is a key factor of the growth of the China pigments market. In addition, introduction of the electronic printing technology is driving the growth of the China pigments market, as this technology is a cost-effective means to create premium prints.
Contrarily, high price of pigments and rigid regulations restricting the volatile organic compounds (VOC) content in printing inks & coatings can hamper the development of the China pigments market.
On the other hand, increase in demand for sustainable & organic pigments is projected to create tremendous opportunities for pigment manufacturers. Moreover, rise in focus of end users on the high quality of raw materials has encouraged pigment producers to prioritize quality pigments. Therefore, increase in product advancement and R&D activities will drive the growth of the China pigments market.
The demand for high-quality pigments is anticipated to grow in the coming years, thereby strengthening the market growth. In addition, introduction of new technologies such as digital printing has increased the demand for high-efficiency pigments. Furthermore, new product development & innovation and modern technology will lead to increased opportunities for the China pigments market. In addition, use of specialty pigments for special applications such as cosmetics, plastics, and electrical insulation is likely to fuel the development of the China pigments market in the future.
Furthermore, organic pigments are thoroughly made use of for various end-user markets such as automobiles, furniture, and building & construction. Moreover, inorganic pigments are utilized for activities such as tinting paints, plastics, and printing inks. Napthol based and acrylic based specialty pigments are widely made use of for musician paints, coatings, and inks.
China has the largest number of manufacturers, merchants, and consumers of pigments due to increase in demand from end-use industries such as automotive, furniture, building & construction. This is further one of the strongest drivers contributing to the growth of the China pigments market.
Demand for pigments is driven by numerous aspects such as use of innovative pigmentation to obtain greater levels of vibrancy & shade strength of various products, use of green pigments to lower health hazards & environmental pollution, and increase in applications of pigments in different industries. The China pigments market is driven by rise in the use of construction materials, such as paints & coverings; increase in the need for plastics for consumer goods, automobile elements; & bioplastics; and flourishing growth in the printing industry for end-user applications.
Furthermore, increase in demand from the construction materials and automobile industries, technical advancement, improvement in colorants, power performance, and arrival of bio-based materials are contributing to the growth of the China pigments market. In addition, enhanced product quality, increase in product efficiency, and product modification are likely to sustain the growth of the pigments market in China. Moreover, rise in usage of environmentally friendly pigments to lower air pollution is a key factor of the growth of the China pigments market. In addition, introduction of the electronic printing technology is driving the growth of the China pigments market, as this technology is a cost-effective means to create premium prints.
Contrarily, high price of pigments and rigid regulations restricting the volatile organic compounds (VOC) content in printing inks & coatings can hamper the development of the China pigments market.
On the other hand, increase in demand for sustainable & organic pigments is projected to create tremendous opportunities for pigment manufacturers. Moreover, rise in focus of end users on the high quality of raw materials has encouraged pigment producers to prioritize quality pigments. Therefore, increase in product advancement and R&D activities will drive the growth of the China pigments market.
The demand for high-quality pigments is anticipated to grow in the coming years, thereby strengthening the market growth. In addition, introduction of new technologies such as digital printing has increased the demand for high-efficiency pigments. Furthermore, new product development & innovation and modern technology will lead to increased opportunities for the China pigments market. In addition, use of specialty pigments for special applications such as cosmetics, plastics, and electrical insulation is likely to fuel the development of the China pigments market in the future.
Furthermore, organic pigments are thoroughly made use of for various end-user markets such as automobiles, furniture, and building & construction. Moreover, inorganic pigments are utilized for activities such as tinting paints, plastics, and printing inks. Napthol based and acrylic based specialty pigments are widely made use of for musician paints, coatings, and inks.
China has the largest number of manufacturers, merchants, and consumers of pigments due to increase in demand from end-use industries such as automotive, furniture, building & construction. This is further one of the strongest drivers contributing to the growth of the China pigments market.
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- Identify key investment pockets for various offerings in the market.
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- Analysis of raw material in a product (by %)
- Manufacturing Capacity
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- Installed Base analysis
- Investment Opportunities
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- Supply Chain Analysis & Vendor Margins
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- Volume Market Size and Forecast
Key Market Segments
By Application
- Paints and Coatings
- Plastics
- Printing Inks
- Construction Materials
- Others
By Product Type
- Organic Pigments
- Inorganic Pigments
- Specialty Pigments
- Key Market Players
- Lumina Chemical Co Ltd
- Koninklijke DSM NV
- DyStar Group
- BASF SE
- Shandong Three Star New Material Co Ltd
- Bemax Inc
- Clariant AG
- Sunminer Pigment Co Ltd
- Hangzhou Union Pigment Co Ltd
- Clariant China Ltd
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: CHINA PIGMENTS MARKET, BY PRODUCT TYPE
CHAPTER 5: CHINA PIGMENTS MARKET, BY APPLICATION
CHAPTER 6: COMPETITIVE LANDSCAPE
CHAPTER 7: COMPANY PROFILES
List of Tables
List of Figures
Companies Mentioned
- Lumina Chemical Co Ltd
- Koninklijke DSM NV
- DyStar Group
- BASF SE
- Shandong Three Star New Material Co Ltd
- Bemax Inc
- Clariant AG
- Sunminer Pigment Co Ltd
- Hangzhou Union Pigment Co Ltd
- Clariant China Ltd
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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