The new Phthalocyanine Pigments Market report offers a comprehensive study of the present scenario of the market coupled with major market dynamic. Also, it highlights the in-depth market analysis with the latest trends, drivers and its segments with respect to regional and country. Further, this report profiles top key players of the phthalocyanine pigments and analyze their market share, strategic development and other development across the globe.
The phthalocyanine pigments market is expected to touch USD 1,500 MN by 2024, with a CAGR of 5.0% growing from USD 900 MN in 2017.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the phthalocyanine pigments market include BASF, CPS Color AG, E. I. du Pont de Nemours and Company, Flint Group, Huntsman Corporation, Kiri Industries Ltd., LANXESS AG, Rockwood Holdings Inc., Sinocolor Chemical, Sudarshan Chemicals, Unilex Colours & Chemicals Limited, and Vibfast Pigments Pvt. Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Rising demand of paints and coating from end-use industries is driving the market growth. Growing demand of phthalocyanine pigment owing to superior dispersion, resistant to heat, light, chemicals and extremely lightfast properties is fueling the market growth. Additionally, booming construction and automotive sector in emerging economies such as China and India is presumed to foster the market growth during the forecast period. Ongoing urbanization, industrialization coupled with rise in the standard of living of potential consumer results in high demand of high-quality paints and coatings. This, in turn, is boosting market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of phthalocyanine pigments.
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The broad phthalocyanine pigments market has been sub-grouped into classification, application and end-use. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
· Paints And Coatings
· Soap And Detergent
· Automotive And Aerospace
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for phthalocyanine pigments in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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