The pigments market is expected to grow from an estimated USD 31.24 Billion in 2024 to USD 41.48 Billion in 2033, at a CAGR of 3.20%.
Steady growth in the pigments market is primarily attributed to high growth rates experienced in the paints and coatings, plastics, and printing inks industries. The current rise in construction activities globally, mainly in developing economies, has increased demand for pigments in paints and coatings, which are basically always needed for projects of infrastructure and building. The adoption of advanced pigments that offer superior durability, color quality, and UV resistance is also contributing to market expansion.
The latest report is updated with the impact analysis of the current COVID-19 pandemic on the market. The rapidly changing dynamics of the market and current and future growth potential of the market are covered in the report. The report offers crucial information about the initial and future assessment of the impact of the COVID-19 crisis on the overall market. The Pigments market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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The leading market contenders listed in the report are:
BASF SE, PPG Industries, DIC Corporation, Clariant AG, LANXESS AG, The Chemours Company, Huntsman Corporation, Merck KGaA, Kronos Worldwide, Inc., Ferro Corporation
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Market Segmentations of the Pigments Market
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Regional Outlook of the Pigments Market
The global Pigments market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East Africa. In this section, authors of the report have studied the presence of the global Pigments market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
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