Transparency Market
Research
Pigments Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2015 - 2023
Published Date
11-May-2016
349 Page Report
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Press Release
Rising Construction Activities in Emerging Economies to
Keep Demand for Pigments High in Forthcoming Years, Says
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Pigments Market
REPORT DESCRIPTION
Pigments Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023
Global Pigments Market Gains Impetus from Rising Construction Activities Worldwide
The revival of the building and construction and automotive industries is a direct consequence of the economic
rebound. This spinoff will not only boost urbanization worldwide, but it will also fuel demand from the paints
and coatings industry. The recovery of the automotive and construction industries is therefore perceived to be a
predominant driver of the globally increasing demand for pigments.
While experts project the global pigments market to exhibit 3.8% CAGR between 2015 and 2023 in terms of
revenue, rising demand from the emerging economies will prove a major boon for the global pigments market.
Apart from the paints and coatings industry, pigments sale is also expected to be boosted by the rising demand
for plastics and printing inks. Demand from the personal care industry is also expected to aid the market’s
expansion.
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Although, the global pigments market sees attractive opportunities in the rise of construction activities,
saturated prospects for the industry in developed countries will be of little help for companies looking to expand
operations here. Stringent regulations implemented to curb adverse...