Overview:
The global pigment intermediates market has been segmented by type, end-use industry, and region.
By type, the global Pigment Intermediates Market has been divided into organic and inorganic intermediates. The inorganic pigment intermediates segment accounted for larger market share in 2017 owing to its benefits over the organic pigments. The inorganic pigments can withstand the impact of sunlight and chemical exposure in better way, and therefore are durable. They have also good opacity, increase rash inhibition, abrasion resistance, and rigidity to the molecules. Additionally, they are available at a competitive cost.
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Competitive Analysis
Some of the manufacturers operating in the global pigment intermediates market are Camex Limited (India), CALSAK CORPORATION (US), Ambuja Intermediates Pvt Ltd (India), Nova International (India), Sugai Chemical IND.CO.,LTD. (Japan), Wellton Chemical Co.,Ltd. (China), Minal Intermediates (India), Seya Industries Ltd. (India), Sarna Chemicals (India), Kawaguchi Chemical Industry Co., LTD (Japan), and Nantong Acetic Acid Chemical Co., Ltd. (China).
Based on end-use industry, the market has been segmented into paints coatings, textiles, construction, paper, plastics, and others. The paints coatings segment accounted for a major market share in 2017 on account of the high demand for paints coatings in major end-use industries such as aerospace, automotive, construction, consumer electronics, marine, and ship-building.
Regional Analysis
Regionally, the global market has been segmented into five regions, namely, Asia-Pacific, North America, Europe, Latin America, and the Middle East Africa.
The market in Asia-Pacific dominated the global pigment intermediates market in 2017 due to the high demand from textiles, paints coatings, and construction industries. The rapid industrialization and urbanization in the emerging economies such as India, Thailand, and Indonesia are the primary factor affecting the growth of the pigment intermediates market.
The demand for paints coatings from major end-use industries such as construction, military defence, and aerospace as well as the high demand from textiles is driving the demand for pigment intermediates in the North American region.
The high production and sales of automobile parts in Western European countries such as Germany, Italy, UK, and France is expected to drive the demand for paints coatings, which will further drive the demand for pigment intermediates.
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