Pigment Dispersion Market Leading Players Analysis, Size And Growth Factors By 2030
Pigment Dispersion Industry Overview
The global pigment dispersion market size was valued at USD 23.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 4.3% from 2022 to 2030. The steady growth in the packaging industry, in terms of both food and non-food packaging and printing of labels, is expected to drive the demand for pigment dispersions during the forecast period.
Polyethylene terephthalate (PET), polypropylene (PP), and polystyrene (PS) are the most preferred polymers in the single-service food packaging segment. Factors such as the increasing use of plastic and paper & paperboard materials and the use of various colorants to make attractive packaging are expected to drive the overall pigments demand.
Gather more insights about the market drivers, restrains and growth of the Global Pigment Dispersion Market
Organic pigments are an alternative to some of the toxic inorganic pigments. However, organic pigments are more expensive and some pigments that exhibit superior properties are limited. Manufacturers are investing in research & development activities to replace metals in the manufacture of red and yellow synthetic pigments in order to produce environment-friendly synthetic pigments.
Titanium dioxide is the most widely used inorganic pigment on account of its non-toxic content, chemical stability, and versatile properties for use in plastic and paper & paperboard food packaging. Zinc oxide is a synthetically produced pigment and is considered to have a lesser toxic effect on humans. Currently, titanium dioxide, iron oxide, and zinc oxide account for the maximum share of the global pigment demand for plastic and paper & paperboard food packaging applications.
Browse through Grand View Research's Plastics, Polymers & Resins Industry Research Reports.
- Biodegradable Plastic Market: The global biodegradable plastic market size was estimated at USD 4.1 billion in 2021. It is expected to expand at a compound annual growth rate (CAGR) of 9.7% during the forecast period.
- Silicone Elastomers Market: The global silicone elastomers market size was valued at USD 5.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 10.3% from 2022 to 2030.
Market Share Insights
- March 2019: BASF SE partnered with Landa Labs to introduce its second stir-in pigment eXpand! Blue (EH 6001), sold under the Colors & Effects brand.
- December 2018: Organic Dyes and Pigments acquired Premier Colors, Inc. to expand its business in Providence by catering to the customers of the latter.
Key Companies profiled:
The major companies operating in the global pigment dispersion market include
- AArbor Colorants Corporation
- American Element
- Aralon Color GmbH
- BASF SE
- Clariant Ltd.
- Decorative Color & Chemical, Inc.
- Ferro Corporation
- Flint Group
- Heubach GmbH
- Kama Pigments
- Organic Dyes and Pigments
- Reitech Corporation
- Sun Chemical
- Trust Chem Co., Ltd.
- Sudarshan Chemical Industries Limited
- Pidilite Industries Ltd.
- Aum Farbenchem
- DyStar Singapore Pte. Ltd.
- Solvay
- Altana
- Achitex Minerva S.p.A.
- Heidelberger Druckmaschinen AG
- Avient
- Habich
- Synthesia, a.s.
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