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High Performance Pigments Market by Type , Application  - Global Trends & Forecasts to 202

High Performance Pigments Market: Forecasts until 202

  • April 2016
  • 149 pages
  • ID: 3782619
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"HPPs market forecasted to reach ~$5.7B by 2021"

The market size of HPPs, in terms of value importance, is projected to extend ~$5.7B by 2021, witnessing a compound annual growth rate (CAGR) of ~3.8 percent between 2016 and 2021. The increasing demand from main applications including coatings, plastics, inks, and cosmetic products is predicted to push the demand for HPPs. The increasing automobile industry and growing demand of plastics and beauty products are contributing toward the increase of the HPPs market.

"Cosmetic products application estimated to witness more significant rise during projection period"

The cosmetic products application is anticipated to witness the top compound annual growth rate between 2016 and 2021. The market demand for these pigments is growing in cosmetic products as consumers seek products that have less or no harmful effects. Cosmetics products made from conventional pigments are toxic and can cause health hazards. This encourages consumers to pay more for these better-quality products, thereby, propelling the increase of the HPPs market.

"APAC expected to be quickest-rising market during the outlook period"

Asia-Pac is expected to be the biggest and the quickest developing market for HPPs, in terms of both value and quantity. This is attributed to the growing demand for HPPs in the cosmetic products and coatings applications in the territory. The industry demand for coatings in automotive and decorative coatings is anticipated to growing significantly due to flourishing automotive and construction industries in Asia Pacific (APAC) and North America continent.

Break-up of profiles by the primary participants for the study

- By Company Type - Tier 1 - 37.0 percent, Tier 2 - 50.0 percent, and 1/3 3 - 13.0 percent

- By Designation - C Level- 50.0 percent, Director Level - 31.0 percent, Others - 19.0 percent

- By area - North america (NA) - 28.0 percent, Western Europe - 24.0 percent, Central Europe - 17.0 percent, Asia-Pacific - 14.0 percent, the Middle East & Africa - 10.0 percent, Latin America - 7.0 percent

The analysis includes company profiles of main actors and recent activities undertaken in the market including new product launches, business developments, and R&D. Some of the main firms decribed in this business report are BASF SE, Clariant (CLN), Huntsman (NYSE:UN), Lanxess (ETR:LXS), Solvay (EBR:SOLB), Atul Ltd., Sudarshan Chemical Industries Ltd, Heubach GMBH, Sun Chemical Corporation, Synthesia A.S., Ferro Corporation, and Gharda Chemicals Ltd..

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