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Plastic Pigment Market to See Huge Growth by 2027: BASF SE, Cabot Corporation, Clariant Ltd., DIC Corporation

The “Global Plastic Pigment Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of plastic pigment market with detailed market segmentation by type, end-use industry, and geography. The global plastic pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading plastic pigment market players and offers key trends and opportunities in the market.

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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Chemicals and Materials, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Plastic Pigment market globally. This report on ‘Plastic Pigment market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcase market trends and forecast to 2027, factoring the impact of Covid -19 Situation.

Major vendors covered in this report:

  • Cabot Corporation
  • Clariant Ltd.
  • DIC Corporation
  • Ferro Corporation
  • Heubach GmbH
  • Sudarshan Chemical Industries Limited
  • The Chemours Company
  • Tronox Holdings plc

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The plastic pigments are insoluble particles that are used to color plastic. Pigments are mostly suited to color polyolefin and are preferred over dyes. Pigments used for plastics may be organic or inorganic depending upon the performance and application requirement. Organic pigments are hard to disperse and tend to form agglomerates. On the other hand, the inorganic pigments such as metal oxides and sulfide get dispersed in the resin fairly easily compared to organic pigments. Titanium dioxide is the most widely used inorganic pigment for coloring plastics. Organic pigments are mostly used for brilliant shades and high tinting applications whereas inorganic pigments are useful in areas where high opacity is required.

The plastic pigment market is anticipated to grow in the forecast period owing to driving factors such as high demands from the automotive industry coupled with rapid industrialization in emerging economies. Moreover, increasing demands for high-performance pigments and growing significance of packaging aesthetics further fuel the growth of the plastic pigment market. However, stringent environmental regulations and volatile raw material prices negatively influence the growth of the plastic pigment market. Nonetheless, the plastic pigment market is likely to showcase growth opportunities for the major players with the technological advancements in the field.

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The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Plastic Pigment market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Plastic Pigment market segments and regions.

The global plastic pigment market is segmented on the basis of type and end-use industry. Based on type, the market is segmented as inorganic pigments and organic pigments. The inorganic pigments are further sub-segmented as titanium dioxide, iron oxide pigments, carbon black, chromium oxide, and cadmium pigments. On the other hand, the organic pigments are further classified as phthalocyanine pigments, high-performance pigments, and others. On the basis of the end-use industry, the market is segmented as packaging, building & construction, consumer goods, automotive, and others.

The research provides answers to the following key questions:

What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?

What are the key driving forces responsible for shaping the fate of the Plastic Pigment market during the forecast period?

Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Plastic Pigment market?

What are the prominent market trends influencing the development of the Plastic Pigment market across different regions?

What are the major threats and challenges likely to act as a barrier in the growth of the Plastic Pigment market?

What are the major opportunities the market leaders can rely on to gain success and profitability?

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