Market Research Report
Global Pigment Dispersion Market Outlook 2030
|Global Pigment Dispersion Market Outlook 2030|
Published: November 1, 2021
Content info: 253 Pages
Delivery time: 1-2 business days
The global pigment dispersion market is anticipated to grow with a CAGR of 3.93% during the forecast period, i.e., 2021-2030. Factors such as the growing focus of the governments to build smart cities, which is driving the demand for paints & coatings, followed by the increasing trade of construction services worldwide, and the growing advancements in the research and development of advanced chemicals are anticipated to drive the growth of the global pigment dispersion market during the forecast period. The market garnered a revenue of around USD 40,000 Million in the year 2020 and is further projected to touch a revenue of close to USD 58530 Million by the end of 2030.
The global pigment dispersion market is segmented by numerous segments, which include segmentation by dispersion type, pigment type, application, end-use industry, and by region. On the basis of application, the market is segmented into plastics, coatings, epoxy, adhesives, sealants, phthalate-free PVC masterbatch, and others. Out of these segments, the coatings segment is projected to garner the largest market revenue of close to USD 31600 Million by the end of 2030, up from around USD 20320 Million in 2020.
On the basis of geographical analysis, the global pigment dispersion market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of the market in these regions, the market in the Asia Pacific is projected to touch about USD 23500 Million by the end of 2030, up from a revenue of over USD 15290 Million in the year 2020.
Some of the prominent industry leaders in the global pigment dispersion market that are included in our report are BASF SE, Clariant AG, Cabot Corporation, Penn Color Inc., DIC Corporation, Pidilite Industries Ltd., Heubach GmbH, NAGASE & CO., LTD., The Lubrizol Corporation, Vivify Companies, Ferro Corporation, and others.