Synthetic Pigment Industry

Future Scope of Synthetic Pigment Industry


A pigment is a colored material that is totally or nearly insoluble in water. In contrast, colorants are typically soluble, at least at some stage of use. Generally, dyes are often organic compounds, while pigments are often inorganic compounds. Pigments of prehistoric and historical value include ocher, charcoal, and lapis lazuli.

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Some of the key players of Synthetic Pigment Industry:

Wanfeng, Lonsen, Yide, KIRI, Hongqiao, Transfer, Runtu, Shenxin, DyStar, Huntsman, Jihua, Archroma, Dikai, Anoky, Yabang, Chuyuan

In 2006, around 7.4 million tonnes of inorganic, organic and specialty pigments were traded worldwide. estimated at around US $ 14.86 billion in 2018 and will increase to more than 4.9% CAGR from 2019 to 2026. Global demand for pigments was approximately US $ 20.5 billion in 2009. 

According to an April 2018 report from Bloomberg Businessweek, The estimated value of the pigment industry globally is $ 30 billion. The value of titanium dioxide, used to enhance the white luster of many products, stood at $ 13.2 billion per year, while the Ferrari red color is valued at $ 300 million each year.

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