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Rising Demand for Pigments in the Market

Mar 21st 2020 at 3:59 AM

If you are searching for one of the best China pigment manufacturers in the market then you are at the right place. The market size of pigments is expected to fall down in the next few years just because of the novel corona virus 2019. It is spreading very fast in the world which doesn’t even have the vaccine till now.

The pigments are categorized mainly into three types that are organic, inorganic, and fluorescent segments. The organic pigments is predicted to be the fastest growing type segments of the plastic pigments during the forecast period whereas, inorganic pigments owing to its low cost and have better resistant to sunlight and chemicals as they provide superior opacity and durability. Inorganic pigments do not bleach out of the plastics.

Market size of pigments
Based on the end-use industry, the pigments market are segmented into packaging, consumer goods, automotive, building, construction, etc whereas the packaging industry is the fastest growing end-use industry of pigments owing to the use of pigments across various sectors including food, beverage, healthcare, cosmetics, and other consumer goods due to the increasing use of the plastics in these industries.

The rapidly growing packaging end-use industry along with rapid industrialization is one of the key factors driving the pigments market in the region. Today, plastic goods are replacing heavy metal products in several applications due to its cost effectiveness and lower weight. As in the example, China is one of the largest markets of pigments in the region in terms of volume, due to the high demand of plastic pigments in the plastics industry. Besides, the demand for pigments is predicted to increase in India as well as in other countries due to the economic development and the strong presence of small players in the pigments market in the region.

If you are searching for one of the best China pigment manufacturers then you are at the right place. Please do have a look at some of the pigments that meet your versatility, sustainability, and reliability requirements.

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