The growing demand for paints & coatings in the building & construction industry is driving the pigment dispersion market . Water-based pigment dispersion is widely used in major applications such as paints & coatings, printing inks, and plastics.
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market data Tables and 40 Figures spread through 142 Pages and
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Dispersions Market”.
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, commercial, and industrial construction. Pigment dispersions have low viscosity, quick drying, good weather fastness, good lightfastness, low migration, and solvent & bleeding fastness properties.
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The key players in the pigment
dispersions market include Clariant (Switzerland), BASF (Germany), DIC
Corporation (Japan), Sudarshan Chemical (India), Chromaflo (US), Cabot
Corporation (US), Heubach GmbH (Germany), Penn Color (US), Pidilite (India),
and Sherwin-Williams (US). These players have established a strong foothold in
the market by adopting strategies such as expansion, new product launch,
partnership, and acquisition.
Clariant AG (Switzerland) is among
the key players in the pigment dispersions market. The company has adopted the
strategy of partnership to strengthen its competitiveness in the global pigment
dispersions market. For instance, in July 2018, Clariant came to an agreement
with Lintech International LLC (Georgia) for partnership. This partnership made
Lintech International the sole distributor of Clariant’s pigments in North
America for coating, printing, and plastic pigments and pigment dispersions.
This partnership has strengthened the presence of the company in the US market.
BASF (Germany) is one of the leading
manufacturers of pigment dispersions. The company adopted new product launches
as one of its key business strategies. In October 2016, the company launched a
new pigment, Paliotol Yellow K 1750, which is halogen-free and can be used for
sensitive applications such as food contact materials and toys. This has
expanded the product portfolio of the company’s dispersions & pigments
division. This development helped the growth of the company in the pigment
dispersions market.
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