Global High Performance Pigments Market By Type (Organic, Inorganic, Hybrid), Application (Coatings, Plastics, Inks, Cosmetics, Others), Vertical Industry (Automotive, Construction, Printing, Industrial, Others)

Global High Performance Pigments Market By Type (Organic, Inorganic, Hybrid), Application (Coatings, Plastics, Inks, Cosmetics, Others), Vertical Industry (Automotive, Construction, Printing, Industrial, Others)
High Performance Pigments Market is valued at 5.37 USD Billion in 2019 and expected to reach USD 7.17 Billion by 2026 with the CAGR of 4.96% over the forecast period.

Scope of the report
This report analyses the global market for High Performance Pigments. The report will enable the user to understand and gain insights into the current and forecast market situation. The market is comprehensively analyzed by geography to provide complete information on the global scenario. The qualitative and quantitative data provided in this study can help user understand which market segments are expected to grow at higher rates, factors affecting the market and key opportunity areas. The report also includes competitive landscape of key players in the industry along with emerging trends in the market.
Industry Overview
High Performance Pigments have become important in recent years. This demand is mostly driven by the strong growth outlook for end use industries such as automotive industry, construction, plastic and printing industry. High performance pigments exhibit excellent properties of persistence. They have resistance to light, heat, humidity, organic solvents, water and detergents. Demand for High performance pigments has witnessed increment in the last few years. These pigments are significantly used in automotive coatings. Growing preferences towards environmental friendly product in emerging economies will further boost various opportunities that will lead to the growth of the high performance pigments market. The manufacturing processes of high performance pigments are long and complex, most of which need to be made in organic solvents. Nowadays, industry players are adopting novel technologies such as adding crystal growth inhibitor, new surface treatment technology, mixed coupling technology, critical liquid treatment technology, hidden pigment technology, pigment technology under water medium pressure and ultrasonic dispersion technology, etc.

Key Players

BASF SE, Clariant, DIC Corporation, Ferro Corporation, LANXESS, Heubach GmbH, Venator Materials PLC., Sudarshan Chemical Industries Limited, Atul Ltd, Synthesia, a.s., Meghmani Organics USA Inc., Pidilite Industries Ltd,, KRONOS Worldwide, Inc., INEOS, Shepherd Color, Trust Chem Europe BV, Navpad Pigments Pvt. Ltd., Shanghai Longyang Chemical CO.,LTD., Gharda Chemicals Ltd and others
Above mentioned companies were scrutinized to assess competitive landscape of global High performance pigments market. Report provides company profiles of each player. Each profile include company business overview, company governance, company product portfolio, company financials, business strategies, manufacturing locations and production facilities, company sale, production capacity, recent developments and strategic collaborations and partnerships, product launch, company segments, application diversification and company strength and weakness analysis.
Review period
Historic Period: 2016 to 2019
Forecast Period: 2020 to 2026
This High Performance Pigments market report provides insights on new trade regulations, import export analysis, industry value chain analysis, market size, consumption, production analysis, capacity analysis, regional and segment market share, product launches, product pipeline analysis, impact of Covid-19 on supply chain, key regions, untapped markets, patent analysis, product approvals, continuous innovations and developments in the market.

Regions
• North America: U.S., Canada and Rest of North America
• Europe: UK, France, Germany, Italy, Spain and Rest of Europe
• Asia Pacific: China, Japan, India, Australia and Southeast Asia and Rest of Asia Pacific
• Latin America: Brazil, Argentina and Rest of Latin America
• Middle East and Africa: Gulf Countries, Israel, Africa and Rest of Middle East and Africa
 

Market Segmentation
• Type
o Organic
o Inorganic
o Hybrid
• Application
o Coatings
o Plastics
o Inks
o Cosmetics
o Others
• Vertical
o Automotive
o Construction
o Printing
o Industrial
o Others
Regional Insights
Asia-Pacific is the largest market of High Performance Pigments in the world, accounting major revenue share in 2018. Growing manufacturing base in China and India is the major growth driver for Asia-Pacific. China is the world’s largest automotive manufacturing country. In 2018, annual vehicle production in China accounted for over 30 % of worldwide vehicle production, which exceeds that of the European Union or that of the United States and Japan combined. Contributing to these is the growing consumption due to increasing purchasing power parity of individuals and economic growth. Growing automotive & transportation industry, continuous infrastructure development and changing lifestyle, are major favourable market forces for future High Performance Pigments market growth in this region. Europe was the second followed by North America in terms of revenue generation. The growth in this region was mainly due to developed automotive, aerospace industry, relative growth in end user industries and rapid adoption of new technologies.
Factors Affecting the Market
The growing global automotive coating industry is one of the major reasons contributing to the growing demand of High Performance Pigments. Coating of any and every part has become one of the essential aspects in majority of the industries; hence, leading to growing coating market for automotive. High Performance Pigments coating is extensively used in automotive & transportation industry due to its properties such as resistance to oil, grease, high impact strength, flexibility at low temperature and good resilience. It is mainly used as the base coat. However, adoption of conventional coatings, US-China trade wars may hamper growth of the market. Technological advancements and superior properties of high performance pigments will offer lucrative growth opportunities during forecast period.

Important Questions Answered by Global High Performance Pigments Market Report
• Which is the largest and fastest-growing region?
• What are the factors affecting growth of market?
• What are Key trends and opportunity areas?
• Which are the major end-use industries of market?
• Which industry is the major consumer of market?
• What are the major types of High performance pigments?
• What are the major applications of High performance pigments?
• What are the major strategies adopted by leading market companies?