Phthalocyanine Pigments Market - By Color Type, By Sub Type, By Application & Forecast, 2023

Description

List of Tables

Phthalocyanine pigments market size is predicted to witness 5.9% CAGR during 2023 and 2032, driven by the rising demand for vibrant pigments in various industries, including textiles, paints, and plastics. With the paradigm shift toward environmentally sustainable products, the phthalocyanine pigments are gaining traction due to their eco-friendly attributes and superior performance characteristics.

Moreover, the need for high-performance pigments from end-use industries, coupled with the rapid urbanization and industrialization in emerging economies, is expected to drive the market forward. According to CEIC data, Indian industrial production rose 10.3% year-on-year in August 2023, after the increase of 6% YoY in the previous month.

The phthalocyanine pigments market is divided based on color type, sub type, application, and region.

The green color type segment is expected to generate high revenues by 2032 due to the increased awareness regarding the use of eco-friendly pigments, along with the growing preference for sustainable products. This surge in demand is not only attributed to the aesthetic appeal of green pigments but also to their non-toxic nature, making them a preferred choice in a range of applications, including printing inks and coatings.

The plastics industry segment is anticipated to witness significant growth through 2032 owing to the diverse application range of pigments across sectors. With the rising focus on enhancing the aesthetic appeal and functional properties of plastic products, manufacturers are increasingly incorporating phthalocyanine pigments to achieve vibrant colors and improve the durability of the end-product. The use of these pigments in plastics not only ensures superior color retention but also aids in maintaining the product's structural integrity.

Europe phthalocyanine pigments industry will witness an upward trajectory in terms of demand and production during 2023-2032. The region's stringent regulations promoting the adoption of eco-friendly products and the increasing emphasis on sustainability are driving the product demand. Moreover, the flourishing automotive and construction industries in Europe, along with the growing investments in R&D activities, are further bolstering the usage of phthalocyanine pigments, thus making the region a lucrative prospect for market players.

Product Code: 4154

Chapter 1 Methodology & Scope

1.1 Industry coverage
1.2 Market scope & definition
1.3 Base estimates & calculations
- 1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data Sources
- 1.7.1 Primary
- 1.7.2 Secondary
  - 1.7.2.1 Paid sources
  - 1.7.2.2 Unpaid sources

Chapter 2 Executive Summary

2.1 Phthalocyanine pigments industry 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Color type trends
2.4 Sub type trends
2.5 Application trends
2.6 Regional trends

Chapter 3 Phthalocyanine Pigments Industry Insights

3.1 Industry ecosystem analysis
3.2 Industry impact forces
- 3.2.1 Growth drivers
- 3.2.2 Industry pitfalls & challenges
3.3 Growth potential analysis
- 3.3.1 By color type
- 3.3.2 By sub type
- 3.3.3 By application
3.4 COVID- 19 impact analysis
3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
3.6 Pricing analysis, 2022
3.7 Technology landscape
- 3.7.1 Future market trends
3.8 Porter's analysis
3.9 PESTEL analysis
3.10 Impact of Russia Ukraine war

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company matrix analysis, 2022
4.3 Global company market share analysis, 2022
4.4 Competitive positioning matrix
4.5 Strategy dashboard

Chapter 5 Phthalocyanine Pigments Market Size and Forecast, By Color Type 2018 - 2032

5.1 Blue
5.2 Green
5.3 Other

Chapter 6 Phthalocyanine Pigments Market Size and Forecast, By Sub Type 2018 - 2032

6.1 Copper
6.2 Zinc
6.3 Aluminum
6.4 Others

Chapter 7 Phthalocyanine Pigments Market Size and Forecast, By Application 2018 - 2032

7.1 Paints and Coatings Industry
7.2 Plastics Industry
7.3 Electronics
7.4 Textile Industry
7.5 Cosmetic and Personal Care Industry
7.6 Others

Chapter 8 Phthalocyanine Pigments Market Size and Forecast, By Region 2018 - 2032

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 France
- 8.3.4 Spain
- 8.3.5 Italy
8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 South Korea
- 8.4.6 Indonesia
- 8.4.7 Malaysia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 South Africa
- 8.6.2 Saudi Arabia
- 8.6.3 UAE
- 8.6.4 Egypt

Chapter 9 Company Profiles

9.1 BASF SE
9.2 Clariant
9.3 DIC Corporation
9.4 Huntsman Corporation
9.5 LANXESS AG
9.6 Heubach GmbH
9.7 Jeco Pigment USA Inc.
9.8 Sudarshan Chemical Industries Ltd.
9.9 Meghmani Pigments
9.10 Vibfast Pigments Pvt. Ltd.
9.11 Trust Chem Co. Ltd.
9.12 Sanyo Color Works Ltd.
9.13 Nubiola Group
9.14 Sensient Technologies Corporation
9.15 Ferro Corporation