Azo Pigments Market Driving Factors, Industry Analysis, Investment Feasibility and Trends, Outlook -2023

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Azo Pigments Market Research Report - Forecast to
2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
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Azo Pigments Market Research Report- Forecast to
2023
Azo Pigments Market - Overview
Azo Pigments are organic chemicals that may
contain nitrogen group. They have a chemical
structure similar to azo dyes and are mostly
insoluble in water. A new report on the Global
Azo Pigments Market, published by Market Research
Future (MRFR), predicts that this market can see
growth between 2018 and 2023. In terms of money
value, the market can be worth USD 1.65 Bn by the
end of the forecast period. The Most Prominent
Market driver for the Global Azo Pigments Market
Growth is a set of stringent government
regulations with regards to the use of organic
pigments in food materials. The conventional
metal-based pigments that consist of cadmium,
lead, and other heavy metals are being replaced
by innovative products. This can benefit the food
industry to use the Azo Pigments in indirect food
applications. Other market drivers for the Global
Azo Pigments Market growth include increasing
manufacturing of colored printing inks for
industrial usage and increasing budget on the
research development (RD). However, the market
growth can face hurdles due to the high price of
the product over inorganic pigments.
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Azo Pigments Market Research Report- Forecast to
2023
Segmental Analysis
The Global Azo Pigments Market Segmentation
encompasses Application, Product, and Solubility.
MRFRs research on the market highlights many
facets of the market in-depth. The
Application-Based Segmentation of this market is
covering food, inks, paints coatings, plastics,
rubber, stationery, textile fibers, and others.
Among these segments, inks segment is the largest
market segment due to the high demand from the
printing ink industry, subsequently increasing
the demand as well as market growth. The
innovation, as well as the development of inks,
are expected to enhance market growth during the
forecast period. On regarding the Product, the
market reveals orange pigments, red pigments,
yellow pigments, and other pigments. The red
pigments segment dominates the market due to high
solubility and strong colorant features for many
applications. Based on Solubility, the market
can be segmented into oil-soluble and
water-soluble. During the forecast period, the
oil solubility segment holds the larger market
share due to a good blending ability of pigments
that obtains a strong effect on color which
increases its demand in the plastics industry and
paints coatings industry. View Full Press
Release _at_ https//www.marketresearchfuture.com/rep
orts/azo-pigments-market-7640

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Azo Pigments Market Research Report- Forecast to
2023
Regional Outlook
A Geographical Outlining of the Global Azo
Pigments Market covers Asia Pacific, Europe,
North America, Latin America, and the Middle East
Africa (MEA). The Asia Pacific region holds the
greatest market share in the global markets. In
China, India, and Indonesia, the purchasing power
of consumers is increasing, and China is the
biggest country-specific market. Hence, the
market is rising in these countries. Other
factors carrying forward the market growth
include the adoption of eco-friendly products and
rising infrastructure development activities.
Japan is another important country-specific
market in this region. An examination of the
remaining countries in the Asia Pacific region
featured in this report sums up the additional
market revenue from some other countries. In
North America and Europe, Azo Pigments sector is
growing many countries are demanding low carbon
emission products to mitigate environmental
challenges. The approval from government
authorities has increased the use of Azo Pigments
in food applications. Increasing investment in
RD to enhance the colorant strength and
durability is also boosting the market. Most of
the key market players are based in the USA.
Canada is the second most important
country-specific market in North America. In
Europe, such markets are France, Germany, Italy,
Netherlands, Poland, Russia, Spain, and the
UK. In Latin America, the market is decent due to
stable economies. However, the market size is
small as economies are smaller than North
American economies. The country-specific markets
with maximum revenue in this region are
Argentina, Brazil, and Mexico. An assessment of
the remaining countries in Latin America listed
in this report anticipates a decent contribution
to market revenue from many other countries. In
the MEA region, the market has limited
opportunities due to restrained production and
limited availability of technology. The crucial
country-specific markets are Bahrain, Kuwait,
Israel, North Africa, Oman, Qatar, Saudi Arabia,
Turkey, and the UAE. An assessment of the
remaining countries in the MEA region featured in
this report anticipates a decent contribution to
market revenue from some other countries.
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Azo Pigments Market Research Report- Forecast to
2023
Major Players in this Research

• Azo Pigments Market Prominent Players
• BASF SE (Germany)
• Clariant International (Switzerland)
• Crown Color Technology Co. Ltd. (China)
• DIC Corporation (Japan)
• Dimacolor Industry Group Co. Ltd (China)
• Ferro Corporation (USA)
• Lanxess (Germany)
• Pidilite Industries Limited (India)
• Sudarshan Chemical Industries Limited (India)
• Sun Chemical (USA)
• Tah Kong Chemical Industrial Corp. (Taiwan)
• Trust Chem (The Netherlands)

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