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Author: Vikas Kumar
January 13, 2023
The pigment dispersants market is expected to witness a CAGR of around 4% during the forecast period. Pigment dispersants are two-component structures, with the anchoring group providing strong adsorption onto the pigment surface. Polymeric chains, which are attached to the anchor group, provide stabilization.Pigment dispersants are used by manufacturers to color a wide range of materials, including paint, coatings, and plastics. Thermoset composites, inks, plastics, textiles, and decorative and industrial applications are some major factors in their uses.
The growing demand for paints and coatings in automotive, construction, and other industries in developing nations positively influences the growth of the market. For instance, according to the National Bureau of Statistics, construction output contributed 25.9% of China’s GDP in 2020, up from 6.2% in 2019. This rapid growth in construction activity contributed to the growth of the pigment dispersant market.
Request for a sample of the report browse through- https://univdatos.com/get-a-free-sample-form-php/?product_id=32458Based on pigment type, the market is segmented into organic pigment and inorganic pigment. Amongst inorganic pigments to witness higher CAGR during the forecast period owing to inorganic pigment dispersion is used over organic pigment dispersion because of higher durability, these pigments are more economical than organic pigment dispersion and offer easier dispersion properties on various substrates owing to their smaller particle size.
On the basis of dispersion type, the market is categorized into water-based and solvent-based. Among these, the solvent-based category to hold a significant share of the market in 2020. This is mainly due to the wide range of applications, beneficial properties, and high consumption of these pigments. Moreover, these pigments are highly used in labels and packaging inks, in coatings for wood & metal, and in cosmetic nail lacquers which will boost their market growth during the forecast period.
For a detailed analysis of the Global Pigment Dispersants Market browse through– https://univdatos.com/report/pigment-dispersants-market/
For a better understanding of the market adoption of the pigment dispersants industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. APAC is anticipated to grow at a substantial CAGR during the forecast period. This is mainly due to the rapidly growing middle-class population, which fuels the textile and plastic demand. The pigments and dyes market will majorly be concentrated in the Asia Pacific region, mainly due to lenient environmental laws, cheap labor costs, easy availability of low-cost raw materials, and higher market demands. Furthermore, the development of new products and the availability of market players in developing countries are also contributing to the growth of the market in the region. For instance, in 2021, AkzoNobel N.V. and Mercedes-Benz expand their partnership agreement for another 4 years. This means the company will continue to provide vehicle refinish products including automotive and specialty coatings and services in China and a preferred partner in Indonesia.
Some of the major players operating in the market include BASF SE, King Industries Inc., Dow, Ethox Chemicals LLC., Solvay S.A., The Lubrizol Corporation, Elementis plc, Kao Corporation, Palsgaard, and American Element.
Global Pigment Dispersants Market Segmentation
Market Insight, by Pigment Type
Market Insight, by Dispersion Type
Market Insight, by Application
Market Insight, by Region
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