Market Overview:
The global paint pigments market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for paints and coatings in various end-use industries, such as residential, architectural, industrial and specialty coatings. In terms of type, the liquid paint pigments segment is expected to dominate the market during the forecast period owing to its high demand from end-use industries. However, powder paint pigments are also witnessing high growth due to their properties such as superior hiding power and weather resistance. In terms of application, architectural coatings is expected to be one of the fastest growing segments during the forecast period owing to rising construction activities across regions.
Product Definition:
Paint pigments are finely ground solids that are used to produce paints, coatings, and inks. They come in a variety of colors and can be organic or inorganic. The type and amount of pigment used affects the properties of the paint, coating, or ink. For example, adding more pigment makes the material thicker and less transparent. Paint pigments play an important role in providing color, hiding power (ability to cover up substrate), durability (resistance to weathering), and other desired properties to paints and coatings.
Liquid:
Liquid is a transparent, odorless, and colorless liquid that is used as a paint pigment. It can be produced from natural or artificial sources. Liquid pigments are widely utilized in paints and coatings owing to their superior properties such as high tinting strength, good flow ability & consistency along with excellent leveling capacity.
Powder:
Powder is a dry solid form of paint pigment. It can be made from natural or synthetic materials. The most common types of powder are titanium dioxide, iron oxide, and calcium carbonate. Powder pigments are used in paints to improve the color strength and opacity of the paint film when applied on any surface. They have high resistance towards UV light which makes them suitable for outdoor applications such as exterior walls or roofing sheets in buildings or vehicles etc.
Application Insights:
The demand for the product in architectural applications accounted for over 35% of the global market share in 2017. Architectural paints are used to give a glossy finish and protect surfaces from moisture, pollution, and extreme temperatures. The rising number of construction projects across the globe is expected to have a positive impact on industry growth over the forecast period.
Residential coatings emerged as another significant segment with over 15% revenue share in 2017. Increasing consumer disposable income levels coupled with rapid urbanization has resulted in an increased demand for residential buildings worldwide. This factor along with increasing focus on home improvement activities is anticipated to drive industry growth during the forecast period.
Regional Analysis:
North America accounted for the largest share of over 35.0% in 2017 owing to growing consumer spending on home remodeling and renovation activities. The U.S., which is one of the most important markets in North America, witnessed a significant increase in construction output from 2016 to 2017 as per the data published by UNCTAD 2018.
Asia Pacific is expected to be one of the fastest-growing regions with a CAGR exceeding 6.5% during the forecast period, mainly driven by increasing demand from developing countries such as China and India due to rising disposable income coupled with rapid urbanization and industrialization processes taking place within these countries respectively thus leading into an increased need for various types of paints & coatings used across various industries including transportation, construction, manufacturing among others thereby driving market growth across this region over last few years (since 2010).
Growth Factors:
- Increasing demand from the automotive and construction industries
- Rising demand for decorative paints in developing countries
- Growing popularity of color-changing paints and finishes
- Proliferation of DIY home painting projects
- Increased use of paint pigments in digital printing
Scope Of The Report
Report Attributes
Report Details
Report Title
Paint Pigments Market Research Report
By Type
Liquid, Powder
By Application
Residential Coating, Architectural, Industrial Coatings, Specialty Coatings, Others
By Companies
BASF, DowDuPont, Huntsman, Nippon Kayaku, Cabot, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, DowDuPont, Dic Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Paint Pigments Market Report Segments:
The global Paint Pigments market is segmented on the basis of:
Types
Liquid, Powder
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Coating, Architectural, Industrial Coatings, Specialty Coatings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BASF
- DowDuPont
- Huntsman
- Nippon Kayaku
- Cabot
- Clariant
- Sensient Technologies
- Synthesia
- Shanghai Road Dyestuffs & Chemicals
- Evonik Degussa
- DowDuPont
- Dic Corporation
Highlights of The Paint Pigments Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Liquid
- Powder
- By Application:
- Residential Coating
- Architectural
- Industrial Coatings
- Specialty Coatings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Paint Pigments Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Paint Pigments are a type of pigment that is used in paints and other types of paint products. Paint pigments can be made from a variety of materials, including minerals, earths, and synthetic materials.
Some of the major companies in the paint pigments market are BASF, DowDuPont, Huntsman, Nippon Kayaku, Cabot, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, DowDuPont, Dic Corporation.
The paint pigments market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Paint Pigments Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Paint Pigments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Paint Pigments Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Paint Pigments Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Paint Pigments Market Size & Forecast, 2018-2028
4.5.1 Paint Pigments Market Size and Y-o-Y Growth
4.5.2 Paint Pigments Market Absolute $ Opportunity
Chapter 5 Global Paint Pigments Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Paint Pigments Market Size Forecast by Type
5.2.1 Liquid
5.2.2 Powder
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Paint Pigments Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Paint Pigments Market Size Forecast by Applications
6.2.1 Residential Coating
6.2.2 Architectural
6.2.3 Industrial Coatings
6.2.4 Specialty Coatings
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Paint Pigments Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Paint Pigments Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Paint Pigments Analysis and Forecast
9.1 Introduction
9.2 North America Paint Pigments Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Paint Pigments Market Size Forecast by Type
9.6.1 Liquid
9.6.2 Powder
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Paint Pigments Market Size Forecast by Applications
9.10.1 Residential Coating
9.10.2 Architectural
9.10.3 Industrial Coatings
9.10.4 Specialty Coatings
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Paint Pigments Analysis and Forecast
10.1 Introduction
10.2 Europe Paint Pigments Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Paint Pigments Market Size Forecast by Type
10.6.1 Liquid
10.6.2 Powder
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Paint Pigments Market Size Forecast by Applications
10.10.1 Residential Coating
10.10.2 Architectural
10.10.3 Industrial Coatings
10.10.4 Specialty Coatings
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Paint Pigments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Paint Pigments Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Paint Pigments Market Size Forecast by Type
11.6.1 Liquid
11.6.2 Powder
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Paint Pigments Market Size Forecast by Applications
11.10.1 Residential Coating
11.10.2 Architectural
11.10.3 Industrial Coatings
11.10.4 Specialty Coatings
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Paint Pigments Analysis and Forecast
12.1 Introduction
12.2 Latin America Paint Pigments Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Paint Pigments Market Size Forecast by Type
12.6.1 Liquid
12.6.2 Powder
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Paint Pigments Market Size Forecast by Applications
12.10.1 Residential Coating
12.10.2 Architectural
12.10.3 Industrial Coatings
12.10.4 Specialty Coatings
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Paint Pigments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Paint Pigments Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Paint Pigments Market Size Forecast by Type
13.6.1 Liquid
13.6.2 Powder
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Paint Pigments Market Size Forecast by Applications
13.10.1 Residential Coating
13.10.2 Architectural
13.10.3 Industrial Coatings
13.10.4 Specialty Coatings
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Paint Pigments Market: Competitive Dashboard
14.2 Global Paint Pigments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF
14.3.2 DowDuPont
14.3.3 Huntsman
14.3.4 Nippon Kayaku
14.3.5 Cabot
14.3.6 Clariant
14.3.7 Sensient Technologies
14.3.8 Synthesia
14.3.9 Shanghai Road Dyestuffs & Chemicals
14.3.10 Evonik Degussa
14.3.11 DowDuPont
14.3.12 Dic Corporation
