What is Pigment Intermediate?
Pigment Intermediates are complex chemicals that are designed to add special properties when small quantities of such are included while formulating specific products. It is widely used in color-producing industries such as textile, paint, ink, etc. Pigments are important constituents in paints, coatings, and inks as it is responsible for providing ink or paints with most of its key attributes like gloss, color, lightfastness, transparency, etc. Further, organic pigments are gaining much popularity as they are free from hazardous chemicals and are environment friendly.
The market study is broken down by Type (Organic Intermediates and Inorganic Intermediates), by Application (Textile, Paint & Coating, Printing Ink, Cosmetics, Plastics, Electronics and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA Research estimates that Vendors from Indian will contribute to the maximum growth of Global Pigment Intermediate market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Camex Limited (India), Nova International (India), Calsak Corporation (United States), Wellton Chemical (China), Ambuja Intermediates (India), Sugai Chemical Industry (Japan), Kawaguchi Chemical Industry (Japan), Minal Intermediates (India), Emco Dyestuff Pvt Ltd (India), Sun Chemical (United States) and Kiri Industries Limited (India) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Pigment Intermediate market by Type, Application and Region.
On the basis of geography, the market of Pigment Intermediate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. Powder will boost the Pigment Intermediate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In June 2021, Sun Chemical announced the acquisition of BASF’s global pigments business, known as BASF Colors & Effects (BCE) to expand its product offering in the global market. The acquisition will broaden Sun Chemical’s portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, inks, plastics and specialty applications, by creating a world-class pigments. However, the acquisition brings together complementary portfolio of technologies, products, manufacturing assets, supply chain and customer service of the two companies.
Market Trend
- Increasing Investment in Research & Development Activities due to Growing Demand of High-Performance Dyes and Pigments
- Rise in Demand of Organic Pigments Due to Growing Environmental Concern
Market Drivers
- Increasing Use Pigments as a Coloring Agent in Printing Inks and Paints
- Rapid Development of Dying and Textile Industries Due to Increasing Disposable Income of Consumers, Thereby Change in Fashion Trends
Opportunities
- Shifting of Facilities by Global Manufacturers in Asia Pacific Region to Tackle the Strict Regulations
Restraints
- Stringent Regulations of Government in Some Regions like Europe
Challenges
- High Cost of Raw Materials for Organic Pigments
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Pigment Intermediate Manufacturers, Suppliers and Distributors of Pigment Intermediate, Raw Material Manufacturers & Suppliers of Pigment Intermediate, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.