High Performance Pigments Market Forecast to 2022 – Growth of Personal Care Industry Having Positive Influence – Research and Markets
By Business Wire News
Research and Markets has announced the addition of the “High Performance Pigments Market Analysis By Product (Organic, Inorganic), By Application (Coatings, Plastics, Inks, Cosmetics) And Segment – Forecasts To 2022” report to their offering.
The global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022. Growing of automotive coatings demand on account of increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor for the global High Performance Pigments Market.
The growth of global personal care industry is also expected to have a positive influence on the market growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain a key challenge for market participants. The market displays high competition among its industry participants which has resulted in companies taking strong measures to reduce manufacturing costs and yet provide superior quality products.
Europe dominated the global market with demand share estimated at 31.8% in 2014. Developed markets of North America and Europe have had their dominance in the past. However, the recent economic downturn critically impacted key end-use industry growth in these regions. Recovery of U.S. automotive industry from the economic downturn is expected to re-establish high performance pigment demand in North America.
Asia Pacific is expected to witness the highest growth of 6.0% from 2015 to 2022. Increasing automobile production in China, India, Thailand and Indonesia is expected to drive the regional market over the forecast period.
Key Topics Covered:
1 Methodology and Scope
2 Executive Summary
3 High Performance Pigment Industry Outlook
4 High Performance Pigment Product Outlook
5 High Performance Pigment Application Outlook
6 High Performance Pigment Regional Outlook
7 Competitive Landscape
- Sun Chemical
- Vijay Chemical Industries
- Meghmani Pigments
- Voxco Pigments and Chemicals Pvt. Ltd.
- Hosrta Chemicals Zhuhai Co. Ltd
- Sudarshan Chemicals Industries Ltd.
- Eckart GmbH
- Trust Chem
- Merck Performance Materials
- Lansco Colors
For more information visit http://www.researchandmarkets.com/research/v8r56h/high_performance
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Sector: Dyes and Pigments