Market Overview:
The global pigment violet 23 market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for textile, coating, ink and other applications.
Product Definition:
A pigment is a material that changes the color of light that passes through it. Pigment violet 23 is a synthetic organic compound used to make purple and blue colors. It is important because it is one of the three primary colors used in making other colors.
Purity＜99%:
Pigment Violet 23 is a colorant that belongs to the group of pigments called organic dyes. Organic dyes are manufactured by chemical synthesis from carbon-based materials such as coal tar, shale oil, and wood flour. Pigment violet 23 has been categorized under the name C.I.
Purity≥99%:
Purity 99% is a colorless and highly transparent liquid, which has excellent light stabilizing properties. It can be used as an additive for the manufacturing of pigments violet 23 (PV23), polyvinyl butyral (PVB), polyvinyl acetate (PVA), ethylene acrylic acid copolymers, styrene-acrylic acid block copolymer and other resins.
Application Insights:
In terms of application, textile emerged as the leading segment and accounted for a volume share of over 60.0% in 2017. The segment is also expected to be the fastest-growing application market for pigment violet 23 over the forecast period owing to increasing demand from various end-use industries such as fashion, apparel and home textiles.
The growth of textile industry has been significantly driven by developing countries such as China, India and Brazil which are now manufacturing products that were traditionally manufactured in developed countries like Europe and North America. This trend is expected to continue over the forecast period with emerging economies producing goods at lower costs which will eventually drive down prices for consumers worldwide thus providing an opportunity for regional markets to grow globally through exports from these regions.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The presence of a large number of manufacturers coupled with cheap labor in this region has attracted major pigment violet 23 producers to set up their production facilities in Asia Pacific. In addition, growing demand for apparel and increasing spending power are expected to drive product demand over the next eight years.
The European market was valued at USD X million in 2017 owing to high consumption levels coupled with stringent regulations regarding VOC emissions from industrial sources that affect ambient air quality standards. Stringent government regulations on VOC emissions have resulted into shutting down or modification of manufacturing processes that involve high level of VOC emission as well as shifting such activities to countries without strict environmental laws, thus driving product demand over past few years.
Growth Factors:
- Increasing demand from the textile and dyeing industries as a result of its superior colorfastness properties.
- Rising demand for PV23 in the manufacture of high-quality inks for printing applications.
- Growing use of PV23 in the production of coatings and paints for architectural purposes.
- Increasing popularity of violet pigments among cosmetic manufacturers for use in lipsticks, nail polishes, etc.
- Rapid growth in the number of end-use applications that require violet pigments, such as plastics, food packaging, and medical devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Pigment Violet 23 Market Research Report
By Type
Purity＜99%, Purity≥99%
By Application
Textile, Coating, Ink, Other
By Companies
Organic Pigments, Navpad Pigments, Zeya Chemicals, Mehul Dye Chem Industries, Meghmani Group, JustdialJiangsu Newlight Technology, Vipul Organics, Nanjing Chem, Boruta-Zachem
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Pigment Violet 23 Market Report Segments:
The global Pigment Violet 23 market is segmented on the basis of:
Types
Purity＜99%, Purity≥99%
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
Textile, Coating, Ink, Other
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:
- Organic Pigments
- Navpad Pigments
- Zeya Chemicals
- Mehul Dye Chem Industries
- Meghmani Group
- JustdialJiangsu Newlight Technology
- Vipul Organics
- Nanjing Chem
- Boruta-Zachem
Highlights of The Pigment Violet 23 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:
- Purity＜99%
- Purity≥99%
- By Application:
- Textile
- Coating
- Ink
- Other
- 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 Pigment Violet 23 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?
Pigment Violet 23 is a synthetic pigment that is used in paints, ink, and other products. It has a reddish-purple color and can be found in many different brands.
Some of the major companies in the pigment violet 23 market are Organic Pigments, Navpad Pigments, Zeya Chemicals, Mehul Dye Chem Industries, Meghmani Group, JustdialJiangsu Newlight Technology, Vipul Organics, Nanjing Chem, Boruta-Zachem.
The pigment violet 23 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 Pigment Violet 23 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 Pigment Violet 23 Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pigment Violet 23 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 Pigment Violet 23 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 Pigment Violet 23 Market Size & Forecast, 2018-2028
4.5.1 Pigment Violet 23 Market Size and Y-o-Y Growth
4.5.2 Pigment Violet 23 Market Absolute $ Opportunity
Chapter 5 Global Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Type
5.2.1 Purity＜99%
5.2.2 Purity≥99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Applications
6.2.1 Textile
6.2.2 Coating
6.2.3 Ink
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pigment Violet 23 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 Pigment Violet 23 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 Pigment Violet 23 Analysis and Forecast
9.1 Introduction
9.2 North America Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Type
9.6.1 Purity＜99%
9.6.2 Purity≥99%
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 Pigment Violet 23 Market Size Forecast by Applications
9.10.1 Textile
9.10.2 Coating
9.10.3 Ink
9.10.4 Other
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 Pigment Violet 23 Analysis and Forecast
10.1 Introduction
10.2 Europe Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Type
10.6.1 Purity＜99%
10.6.2 Purity≥99%
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 Pigment Violet 23 Market Size Forecast by Applications
10.10.1 Textile
10.10.2 Coating
10.10.3 Ink
10.10.4 Other
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 Pigment Violet 23 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Type
11.6.1 Purity＜99%
11.6.2 Purity≥99%
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 Pigment Violet 23 Market Size Forecast by Applications
11.10.1 Textile
11.10.2 Coating
11.10.3 Ink
11.10.4 Other
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 Pigment Violet 23 Analysis and Forecast
12.1 Introduction
12.2 Latin America Pigment Violet 23 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 Pigment Violet 23 Market Size Forecast by Type
12.6.1 Purity＜99%
12.6.2 Purity≥99%
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 Pigment Violet 23 Market Size Forecast by Applications
12.10.1 Textile
12.10.2 Coating
12.10.3 Ink
12.10.4 Other
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) Pigment Violet 23 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pigment Violet 23 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) Pigment Violet 23 Market Size Forecast by Type
13.6.1 Purity＜99%
13.6.2 Purity≥99%
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) Pigment Violet 23 Market Size Forecast by Applications
13.10.1 Textile
13.10.2 Coating
13.10.3 Ink
13.10.4 Other
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 Pigment Violet 23 Market: Competitive Dashboard
14.2 Global Pigment Violet 23 Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Organic Pigments
14.3.2 Navpad Pigments
14.3.3 Zeya Chemicals
14.3.4 Mehul Dye Chem Industries
14.3.5 Meghmani Group
14.3.6 JustdialJiangsu Newlight Technology
14.3.7 Vipul Organics
14.3.8 Nanjing Chem
14.3.9 Boruta-Zachem
