UA-145931898-1

Pigment Dispersion Market Eyeing Significant Growth due to Booming Automotive Sector

Comments · 184 Views

The Pigment Dispersion Market Size is expected to grow USD 47 billion at a CAGR of 3.12% during the forecast period.

Market Analysis

The pigment dispersion market is likely to grow at a healthy CAGR between 2022- 2028, as per the new report by Market Research Future (MRFR). Pigment dispersion, simply put, is a chemical which is used in plastics, coatings, and paints, and printing inks. It has wide applications in printing, furniture, aerospace, automobile, construction, and others. 

 

Various factors are adding to the global Pigment Dispersion Market Analysis growth. Such factors, according to the new MRFR report, include booming automotive sector, shifting focus of manufacturers towards paints that are resistant to leaves, bird droppings, detergent washes, and acid for vehicles, and increasing use in the construction sector, increasing per capita disposable income in emerging and developed economies, increasing urbanization, growing demand for UV protection coatings for aircraft carriers, increasing refineries, and burgeoning demand for coatings that are resistant to lubricants, detergents, alkali, and acid in chemical plants. 

 Get Free Sample PDF Brochure: https://www.marketresearchfuture.com/sample_request/4951 

On the contrary, the implementation of stringent regulations and increasing environmental concern about the toxic effects of chemicals used may limit the global pigment dispersion market growth over the forecast period. 

 

Covid-19 Analysis on Pigment Dispersion Market/Covid-19 ABC Market Analysis

 

The COVID-19 pandemic has impacted several industries negatively, including the pigment dispersion market. Pigment dispersion makers stare at the lost summer with the lockdown social distancing to contain the virus hurts demand, thus offsetting the perk of affordable crude-linked raw materials. But there is some ray of home as the pigment dispersion market is showing pragmatism and solidarity during the times of need. Several manufacturers and raw material suppliers are supporting measurements actively to fight the outbreak. 


Speak To Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/4951 

Key Players

 

Leading players profiled in the global pigment dispersion market report include Dunn-Edwards Corporation (U.S.), Kelly-Moore Paints (U.S.), Tikkurila Oyj (Finland), RPM International Inc. (U.S.), Clariant (Switzerland), Akzo Nobel N.V. (the Netherlands), The Sherwin-Williams Company (U.S.), PPG Industries, Inc. (U.S.), and BASF SE (Germany). 

Market Segmentation

 

The MRFR report offers an inclusive segmental analysis of the report based on the type and end use industry.

 

By type, the global pigment dispersion market is segmented into the solvent, water, and others. 

 

By end use industry, the global pigment dispersion market is segmented into printing, furniture, aerospace, automobile, construction, and others.

  Access Report Details @ https://www.marketresearchfuture.com/reports/pigment-dispersion-market-4951 

Regional Analysis

 

Based on the region, the global pigment dispersion market report covers the recent trends growth opportunities across North America, Europe, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, North America will have the lions share in the market over the forecast period for the booming defense and aerospace sector, presence of several oil and gas reserves in the region, use of pigment dispersion to protect industrial machinery, and booming tourism and travel sector in Kuwait, Iran, Saudi Arabia, the UAE, and Iraq. 

 

The global pigment dispersion market in North America is predicted to have healthy growth over the forecast period for increasing economic growth rate, rising production capacities, and high consumption potential. The US is a major contributor in the region, followed by Canada. 

 

The global pigment dispersion market in Europe is predicted to have healthy growth over the forecast period for consumers growing purchasing power and rising expenditure in innovation in Russia, France, the UK, Spain, Germany, and Italy. 

 

The global pigment dispersion market in the APAC region is predicted to have moderate growth over the forecast period for growing petroleum refineries in China and India and developing crude oil processing. The booming automotive sector is also adding market growth.

 

The global pigment dispersion market in Latin America is predicted to have steady growth over the forecast period for the involvement of the latest inventions and new technologies and increasing spending by consumers on passenger cars. Brazil, Colombia, and Argentina are the major contributors in the region. 

 

The global pigment dispersion market in the MEA is predicted to have steady growth over the forecast period. 

 

 

 Related Links:

Metal Foam Market


RO Membrane Chemicals market


3D Printing Gases Market

 

Access Report Deatails @ https://www.marketresearchfuture.com/reports/oleo-chemicals-market-4914 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services.

 MRFR team have a supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country-level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

 Contact:

Market Research Future

Office No. 524/528, Amanora Chambers

Magarpatta Road, Hadapsar

Pune - 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

 

Comments