Phthalocyanine Pigments Market Size, Revenue Share, Drivers & Trends Analysis, 2021–2028

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The global organic pigments market size is expected to reach USD 6.10 Billion in 2028 and register a revenue CAGR of 4.9% over the forecast period

The global Phthalocyanine Pigments Market research report published by Reports and Data is a comprehensive assessment of the Phthalocyanine Pigments industry with regards to top companies in the market, market share, market size, regional bifurcation, and segments and sub-segments of the market. The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry. The report discusses in detail the key factors expected to drive and restrain market growth over the forecast period. Each chapter of the report has been formulated through extensive primary and secondary research to offer valuable and actionable insights into the global Phthalocyanine Pigments market.

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Market Overview:

The chemicals and materials industry produces a massive variety of products consumed by people across the world on a daily basis. While several products, namely detergents, perfumes, soaps, and others are bought directly by the consumers, the others are used as ingredients to make numerous products. For instance, in Europe, nearly 70% of the chemicals that are manufactured are used to make other products. The industry uses a wide range of raw materials ranging from oil, minerals, air, and others. With growing competition among industry players, innovation remains vital in discovering new paths to meet the needs of sophisticated, demanding, and environmentally conscious consumers. 

The global materials chemicals industry involves the production, distribution, sales, and consumption of industrial chemicals, specialty chemicals, commodity (bulk) chemicals, and raw materials such as natural gas, oil, paper pulp, and metals  minerals. Growth of the global materials chemicals industry is mainly attributed to fast-paced industrialization and extensive usage of bulk petrochemicals, electronic chemicals, polymers, inorganic chemicals, fertilizers, adhesives, sealants, coatings, and various other products in different industries including oil gas, pharmaceutical, food beverage, cosmetics personal care, textile, manufacturing, petrochemical, and water and wastewater treatment industries. Technological innovations in the electronics and semiconductor industries, rising demand for nanomaterials, and increasing preferences for environmentally sustainable chemicals and materials are other major factors contributing to the global materials chemicals industry growth.

Competitive Landscape:

Industry players in the Phthalocyanine Pigments market are adopting the strategy of forwarding integration to cater to increasing product demand and to enhance their footprint in the global market.

This market report provides details of new recent developments, import-export analysis, trade regulations, production analysis, value chain optimization, market share, analyses opportunities in terms of emerging revenue pockets, the impact of domestic and localized market players, changes in the market, trends, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.

Regional Outlook:

North America is expected to dominate the global materials and chemicals market landscape during the forecast period owing to the strong presence of prominent industry players in this region. 

APAC is projected to be the fastest-growing Phthalocyanine Pigments market globally. The increasing manufacturing and export over the past years have led several global leading companies to not only make huge investments in the region’s chemical sector but also set up their own manufacturing sites to increase their presence in this emerging market.

Top companies operating in the market and profiled in the report include:

 BASF SE, Clariant AG, DIC Corporation, Heubach GmbH, Sudarshan Chemical Industries, Ferro Corporation, Trust Chem, Toyocolor Co., Ltd., Huntsman Corporation, and The Dow Chemical Company.

Phthalocyanine Pigments Market Segmentation:

The report segments the Phthalocyanine Pigments markets on the basis of product types, end-use industries, technology, and region.

Type Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

Azo

Phthalocyanine

High Performance

Source Type Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

Natural

Synthetic

Application Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

Printing Inks

Paints Coatings

Plastics

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