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APAC is estimated to lead the pigment dispersions market in 2019
by Chemical Research Expert · June 18, 2019
The Pigment Dispersions Market is projected to grow from USD 42.2 billion in 2019 to USD 54.3 billion by 2024, at a CAGR of 5.2%.
Browse聽84 market data Tables and聽40 Figures spread through聽142 Pages and in-depth TOC on聽“Pigment Dispersions Market by Pigment Type (Organic, Inorganic), Dispersion Type (Water-based Brandon Carlo Jersey Womens , Solvent-based), Application (Paints & Coatings, Inks, Plastics), End-use industry (Building & Construction Chris Wagner Jersey Womens , Automotive), and Region – Global Forecast to 2024”.
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On the basis of end-use industry, the building & construction segment is estimated to lead the聽pigment dispersions market in 2019.
Building & construction is the largest end-use industry of pigment dispersions. This industry is growing in countries of the APAC region such as India, China, Japan Anders Bjork Jersey Womens , and South Korea. The huge investment in infrastructural projects in the APAC region is increasing the demand for paints and coatings in the building and construction industry. Pigment dispersions provide heat stability, chemical inertness, and weather & lightfastness properties.
On the basis of application, the paints & coatings segment is projected to lead the overall pigment dispersions market during the forecast period.
The paints & coatings application is projected to lead the overall pigment dispersions market. Decorative coating is the largest and fastest-growing consumer of pigment dispersions in the paints & coatings application segment. The demand for decorative coatings is estimated to increase in the near future, owing to the increasing demand for paints & coatings in residential Bobby Orr Jersey Womens , commercial, and industrial construction. Pigment dispersions have low viscosity, quick drying, good weather fastness, good lightfastness David Pastrnak Jersey Womens , low migration, and solvent & bleeding fastness properties.
On the basis of region, APAC is estimated to lead the pigment dispersions market in 2019.