PPT for Pigments Market Update 2017

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Pigments Market Share Industry Analysis, 2016
2024 Fractovia.org
Pigments Market Size By Product (Inorganic,
Organic, Specialty), By Application (Paints
Coatings, Printing Inks, Plastics, Construction
Materials), Industry Analysis Report, Regional
Outlook, Price Trends, Competitive Market Share
Forecast, 2016 2024
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Overview

• Worldwide pigments market, having registered a
  revenue of USD 12.7 billion in 2015 will exhibit
  an annual growth rate of 4.5 over the period of
  2016 to 2024
• High infrastructural spending across the globe
  will be one of the prominent drivers of pigments
  market over the coming timeframe.
• Construction materials will record a CAGR of more
  than 3 over the period of 2016 to 2024, mainly
  driven by increasing product usage for the
  various construction applications such as cooler
  tiles, safety passages, colored asphalt,
  shingles, and metal panels
• Shifting trends toward metallic luster, in
  addition to rising initiatives taken by the
  market players to enhance the quality and
  corrosion resistance capability of the coatings
  will influence the industry share noticeably.

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Europe pigments market share, by product,
2013-2024 (KT)
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Product Trends

• In terms of products, pigments market is
  segmented into inorganic and specialty pigments.
• Inorganic pigments industry was worth USD 5
  billion in 2015 and is predicted to record an
  annual growth rate of more than 3.5 over the
  coming seven years. It is prominently used for
  the construction activities due to its tinting
  strength and purity.
• Specialty pigments market is projected to record
  a CAGR of more than 5 over 2016-2024
• Construction materials will record a CAGR of more
  than 3 over the period of 2016 to 2024, mainly
  driven by increasing product usage for the
  various construction applications such as cooler
  tiles, safety passages, colored asphalt,
  shingles, and metal panels.
• Paints coatings application segment will also
  significantly impact the growth of pigments
  industry, having registered a revenue of more
  than USD 5 billion in 2015

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Regional Trends

• Asia Pacific pigments market will exhibit highest
  annual growth rate of more than 5 over the
  coming years of 2016 to 2024, owing to the
  lucratively expanding construction and automotive
  sectors. India and China will be the prominent
  regional contributors.
• North America pigments industry collected a
  revenue of more than USD 3.2 billion in 2015 and
  is predicted to grow noticeably over the coming
  timeframe, primarily driven by gradually changing
  lifestyle along with the rising demand for
  printing inks. U.S. dominated the regional market
  and is foreseen to contribute majorly toward the
  market growth over the years ahead.
• Notable players in the pigments market are
  Huntsman Corporation, BASF SE, Clariant AG,
  Lanxess AG, and Cristal Global, Tokan Material
  Technology Co., Ltd., DIC Corporation, Tronox
  Limited, Ferro Corporation, and Pidilite
  Industries Limited.

Competitive Trends
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