Posts

Showing posts with the label High Performance Pigment Market

Organic Pigments is Fastest Growing Segment Fueling the Growth of High Performance Pigment Market

Image
  The global High Performance Pigment Market is estimated to be valued at US$ 6.55 Bn in 2023 and is expected to exhibit a CAGR of 4.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: High performance pigments are compounds that impart superior properties like heat resistance, lightfastness and corrosion protection. They are used in premium products across industries like automotive, industrial coatings and plastics. Market Key Trends: One of the key trends driving the market growth is the increasing use of organic pigments. Compared to inorganic pigments, organic pigments offer better color shades, opacity and tinctorial strength. They are preferentially used in industries where aesthetics and color performance holds prominence like printing inks, plastic colorants and coatings. The rising consumption of these end use industries will support the growth of organic pigments in the coming years. Segment Ana...

High Performance Pigment Market: Unveiling Growth Opportunities and Technological Advancements in the Global High Performance Pigment Industry

Image
  The High Performance Pigment (HPP) market encompasses a diverse range of pigments that exhibit superior properties compared to traditional pigments. These pigments are characterized by their excellent color strength, stability, and durability, making them highly sought after in various industries. The market is driven by the growing demand for high-performance pigments in applications such as coatings, plastics, inks, and cosmetics. The market overview reveals a dynamic landscape marked by constant innovation and development of advanced pigments to meet evolving industry needs. HPPs find extensive use in automotive coatings, where their resistance to weathering and chemicals is crucial. Additionally, the scope of the market extends to the plastics industry, where these pigments contribute to enhanced product aesthetics and durability. High-performance pigment market growth  is fueled by several factors, including the rising demand for customized and specialty pigments across...

High Performance Pigment Market: Emerging Trends and Technologies Driving Growth

Image
  Definition High performance pigments (HPPs) are organic and inorganic pigments with superior properties,  such as high color strength,  heat stability,  solvent fastness,  light fastness,  and low migration.  HPPs are used in a variety of applications,  including coatings,  plastics,  inks,  and cosmetics,  where they offer enhanced performance and durability. Market Overview & Scope The global  high performance pigments market  is expected to grow at a CAGR of 4. 8% from 2023 to 2030,  reaching a value of USD 8. 26 billion by 2030.  This growth is being driven by a number of factors,  including: Increasing demand for high-quality coatings and plastics Growing demand for sustainable and eco-friendly pigments Rising demand for pigments in emerging markets such as Asia Pacific Market Growth The coatings segment is the largest application segment for high performance pigments,  accounting for ov...