Plastic Pigments Market Comprehensive Analysis and Forecast 2023 to 2028

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The Plastic Pigments Market report by MarkNtel Advisors – Market Research Company, offers a comprehensive analysis of the size, share & growth of the market.

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Plastic Pigments Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Plastic Pigments Industry Analytical Overview (2023-2028): Drivers, Opportunities, Challenges, and Trends,

According to the latest report, Plastic Pigments Market size is valued at around USD 15.41 billion in 2024 and is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2023-28, due to the expanding automotive industry. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2023 to 2028.

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What is Included in Plastic Pigments Market Segmentation?

The report has segmented the market into the following categories:

By Type

  • Organic
    • Phthalocyanine Pigments
    • High-Performance Pigments
  • Inorganic
    • Titanium Dioxide
    • Iron Oxide Pigments
    • Chromium Oxide
    • Carbon Black
    • Cadmium Pigments

By End User

  • Packaging
    • Food & Beverage Packaging
    • Consumer Goods Packaging
    • Healthcare & Pharmaceutical Packaging
  • Building & Construction
  • Consumer Goods
  • Automotive
  • Others (Healthcare, Textiles, Electronics, etc.)

Here, the Packaging Industry has played a significant role in supporting the growth of the market globally. Plastic pigments are widely used in the production of packaging materials such as films, bags, bottles, and containers. The expansion of food & beverage production units has played a significant role in supporting the adoption of these pigments for packaging. The food & beverage industry is one of the largest consumers of packaging materials, and these pigments are widely used in the production of packaging to provide color & enhance their visual appeal.

By Region

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

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Key Factor Driver Plastic Pigments Industry Growth by 2028

 Expansion of Automotive Industry to Augment the Market Growth - There is an increasing demand for lightweight materials in the automotive industry, as they can help reduce the weight of vehicles & improve fuel efficiency. Plastic pigments are used to produce lightweight plastic components that are utilized in automobiles for bumpers, dashboards, and door panels. The automotive industry is increasingly focusing on the customization of automotive components to differentiate its products from competitors. These pigments offer a wide range of color options, which can help manufacturers create customized parts attracting customers.

Who are the Key Players Operating in the Plastic Pigments Industry?

The top companies of the Plastic Pigments market ruling the industry are: 

  • Venator Materials Plc
  • BASF
  • DIC Corporation
  • LANXESS
  • Ferro Corporation
  • Cabot Corporation
  • Clariant
  • Chemours
  • Kronos Worldwide Inc.
  • Heubach GmbH
  • Tronox
  • Others

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FAQs (Frequently Ask Questions)

  1. What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
  2. What are the trends influencing the current scenario of the Plastic Pigments Market?
  3. What are the key factors that would propel and hinder the industry?
  4. Which geographical area dominates the Plastic Pigments industry?
  5. Which is the Leading segment in the market?

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We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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