Global Pigments Market Will Reach USD 14.7 Billion in Terms of Revenue and 4.4 Million Tons in Terms of Volume by 2018: Transparency Market Research

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According to a new market report published by Transparency Market Research ”Pigments (Organic, Inorganic & Specialty) Market – Global Industry Analysis, Size, Share, Trends, Growth and Forecast, 2012 - 2018,” the global pigments market revenues are expected to reach USD 14.7 billion in 2018, growing at a CAGR of 4.5% from 2013 to 2018. In terms of volumes, pigments demand is expected to reach 4.4 million tons by 2018. Specialty pigments market is expected to have fastest growth potential among the global pigments market, growing at a CAGR of 5.4% during the analysis period. Availability of large variety of products and ability to encompass high and unique visual effects is primarily fueling the growth of the specialty pigments market.

Browse the full report at http://www.transparencymarketresearch.com/pigments-market.html

Increasing demand for paints and coatings, particularly from key end-use industries such as construction, is expected to drive demand over the next five years. Fluctuating and volatile prices of key raw materials including benzene and toluene coupled with an increasingly stringent regulatory environment are critical challenges to this industry.

Inorganic pigments dominated the market, accounting for over 51% of the global demand in 2011. Specialty pigments are expected to be the most promising product segment, and are estimated to grow at a CAGR of 4.7% from 2013 to 2018. Under growing regulatory pressure, specialty and organic pigments are being increasingly investigated for substitution potential over their inorganic counterparts.

The paints & coatings industry continues to take away major share of the global pigments market, accounting for 38.5% of the overall end user market. This is mainly due to growth in this industry along with the preference of consumers towards unique optical effect colors in certain segments such as automobiles. The global paints and coatings end use market is projected to grow at a CAGR of 5.1% during the forecast period.

Asia Pacific was the largest regional market for pigments, accounting for 40.7% of global demand in 2011. Major factors fuelling the growth of the Asia Pacific market is increasing spending capacity of consumers along with preference for high end products with attractive packaging. The Asia Pacific pigments market revenue is expected to reach market size of over USD 6.4 billion by 2018.

BASF SE occupies the major share of the global pigments market followed by Huntsman International LLC and Tronox, Inc. Market players continue to rely on the merger and acquisition strategy in order to expand their existing market further. The other players in the market include Clariant International Limited, DIC Corporation, Rockwood Holdings, Inc, Lanxess AG, Atlanta AG, Ferro Corporation and Merck. The global market for pigments has been categorized on the basis of product segments, applications as well as geography. This categorization is explained in detail below.

Pigments market – By product type

• Organic PigmentsAzo

  Phthalocyanine

  Quinacridone

• Inorganic PigmentsTitanium Dioxide

  Iron Oxide

  Cadmium Pigments

  Carbon Black

  Chromium Oxide

  Other inorganic pigments (Chromate, ultramarine)

• Specialty PigmentsClassic Organic

  Metallic

  High performance organic

  Light Interference

  Complex Inorganic

  Fluorescent

  Luminescent/phosphorescent

  Thermochromic

Pigments market – By application

• Paints & Coatings
• Printing Inks
• Plastics
• Construction Materials
• Other (Rubber, Paper, Glass and Ceramic)

Pigments market – By geography

• North America
• Europe
• Asia Pacific
• Latin America
• RoW (Rest of the World)

Related Report : 

Antimicrobial Coatings Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth And Forecast, 2012 – 2018

http://www.transparencymarketresearch.com/anti-microbial-coating-market.html 

This report by Transparency Market Research aims to evaluate competitiveness of the antimicrobial coatings market in a global scenario. The report segments the market on the basis of product types, applications and geography, estimating and forecasting market volumes and revenues for the period from 2012 to 2018. The report strives to effectively portray the demand and supply characteristics of antimicrobial coatings by providing historical data from 2010 and a forecast of market numbers until 2018 along with accurate analysis of revenues and volumes.

The antimicrobial coatings market by product type focuses on antimicrobial powder coatings such as silver and other materials as well as on surface modifications and coatings. The market has also been segmented on the basis of microbes such as E. Coli, Listeria, Pseudomonas and others.

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Browse the full report at http://www.transparencymarketresearch.com/pigments-market.html

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This Press Release (Global Pigments Market Will Reach USD 14.7 Billion in Terms of Revenue and 4.4 Million Tons in Terms of Volume by 2018: Transparency Market Research) Distributed By CULRAV.ORG http://www.culrav.org