Global Water Based Pigments Market by 2024

1
Global Water Based Pigments Market Analysis And
Segment Forecasts To 2024
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Global Water Based Pigments Market Analysis And
Segment Forecasts To 2024

• The global water based pigments market
  is expected to reach USD 13.40 billion by 2024,
  according to a new report by Grand View Research,
  Inc. Water based pigments demand is primarily
  driven by the rising consumer awareness regarding
  eco-friendly products and stringent government
  regulations to limit VOC content in the
  industrial products. Growing demand for aqueous
  pigment dispersion systems for manufacturing inks
  for printing and textile applications is expected
  to have a positive impact on the industry growth
  over the forecast period.
• Browse the report http//www.orbisresearch.com/r
  eports/index/water-based-pigments-market-analysis-
  by-application-paints-and-coatings-inks-and-segmen
  t-forecasts-to-2024
• Increasing adoption of waterborne dispersion
  systems to replace solvent based paints,
  especially in decorative applications is
  anticipated to be the key driver for the market
  growth. However, these aqueous paints offer low
  gloss as compared to its counterparts, which is
  likely to hinder industry growth over the
  forecast period. Innovations in water-based
  pigment dispersion technology to reduce drying
  time, increase durability and improve corrosion
  resistance is likely to open new avenues for the
  product growth over the projected period.
• The industry has numerous players which are
  engaged in manufacturing innovative products with
  high quality and performance. Fluctuating raw
  materials prices and strong foothold of existing
  players in the industry is expected to hamper
  entry of new market entrants.

3
Global Water Based Pigments Market Analysis And
Segment Forecasts To 2024

• Increasing demand for waterborne
  coatings owing to their excellent adhesion, low
  VOC content and good resistance to abrasion and
  heat is expected to open new avenues for the
  industry growth over the forecast period.
• Request a sample of the report
  http//www.orbisresearch.com/contacts/request-samp
  le/111347
• The decision of the Chinese government to levy
  4 consumption tax on paints with VOC content of
  over 420 grams/liter is expected to have
  significant impacts on the market growth over the
  projected period.
• Key players in the industry include Northwest
  Dispersions, Chromatech Incorporated, Proquimac,
  Huntsman, Clariant, Kao Corporation and LANXESS.
  In May 2016, Clariant launched new green and red
  water based pigment preparations to strengthen
  company presence in non-impact printing.

4
Global Water Based Pigments Market Analysis And
Segment Forecasts To 2024

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