Thursday, 09 December 2021 09:38 GMT

Global Plastic Pigments Market Analysis Growth, Revenue Analysis, Demand Forecast, 2020


(MENAFN- Comserve) Shibuya-ku, Tokyo, Japan, Japan, Nov 26, 2021, 05:15 /Comserve / -- Global Plastic Pigments Market Increasing urbanization and growing inclination of various governments toward infrastructure development has positively impacted the growth of the construction sector.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

Global Plastic Pigments Market Increasing urbanization and growing inclination of various governments toward infrastructure development has positively impacted the growth of the construction sector. The increasing construction activities are projected to boost the demand for paints and coatings, which are one of the major end users of plastic pigments. Therefore, these factors are anticipated to strongly contribute to the growth of the Global Plastic Pigments market in the forthcoming period.

According to MarkNtel Advisors' research report titled“Global Plastic Pigment Market Analysis, 2020”, the Plastic Pigment market is projected to register a CAGR of around 7% during 2020-25. The inorganic pigment grabbed the highest market share in the Global Plastic Pigment market in 2019. However, due to the harmful effects of inorganic pigments on the human body, the market share is anticipated to decline in the forthcoming period. However, the organic pigment is expected to capture a significant market share in the years to come, due to their eco-friendly nature and no harmful effects on the human body.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Plastic Pigments Market Analysis Growth, Revenue Analysis, Demand Forecast, 2020

The paint and coating segment captured the highest market share in the Global Plastic Pigment market in 2019. The paint & coating industry has three major targets, viz enabling aesthetic appeal or decorative essence to surfaces and products, enabling protection from damage caused by the harsh environment, and tagging specific attributes to the products. The growing construction of residential and commercial buildings is one of the major drivers for the high market share of the paint & coating segment.

As per MarkNtel Advisors' study, the companies that have captured a significant market share in the Global Plastic Pigment market include Venator Materials Plc, BASF, DIC Corporation, Lanxess, Ferro Corporation, Cabot Corporation, etc. The companies are expanding their production capacity to gain a competitive edge in the industry.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Global Plastic Pigments Market Analysis Growth, Revenue Analysis, Demand Forecast, 2020

Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Plastic Pigments Market?
2. What are the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, upgrades, opportunities, regulations in the Global Plastic Pigments Market?

TABLE OF CONTENT

1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation
2. Executive Summary
3. Expert Verbatim- What our Experts Say?
4. Global Plastic Pigment Market Analysis, 2015-2025F
4.1. Market Size & Analysis
4.1.1. Quantity Sold
4.1.2. Market Revenues
4.2. Market Share & Analysis

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