Global High Performance Pigments Market is projected to display a robust growth represented by a CAGR of 4.21% during 2016 – 2021

Date: 19 December 2016

Over the recent years, areas of application of high performance pigments (HPPs) have turned out to be gradually more significant, with a growth rate well in advance of the conventional types of pigments. Globally, the growth in the high performance pigments industry is driven by the surging demand from coating sectors including automotive and industrial coatings. Besides, the uncovering of the wide range of applications in fast-growth industries including plastics, textiles, inks and cosmetics has been impelling further growth in the market. 

According to Azoth Analytics research report, “GlobalHigh Performance Pigments (HPP) Market: Analysis By Type (Inorganic andOrganic), By Application (Coatings, Plastics & Textiles, Inks, Cosmetics,Others), By Region, By Country (2016-2021) – By Type (Inorganic and Organic); By Application (Coatings, Plastics & Textiles, Inks, Cosmetics and Others); By Region (North America, Europe, APAC and ROW); By Country (U.S., Canada, Mexico, U.K., Germany, China, India, Japan, Indonesia, Brazil and Saudi Arabia)”, global market is projected to display a robust growth represented by a CAGR of 4.21% during 2016 – 2021, largely driven by the increasing consumption of high performance pigments products in varied high-end industries like automotive, polymers, textiles, inks and cosmetics. 

High performance pigments display improved durability along with resistance to visible and ultraviolet radiation, heat stability and chemical resistance. Based on the composition, a high performance pigment is classified as Inorganic or Organic.

Although, inorganic high performance pigments hold the larger percentage share in the total market, demand for organic HPPs is projected to advance at a faster rate in the future owing to the increasing environmental regulations and high applicability. Among the regions, APAC is predicted to advance at the highest rate, mainly driven by the changing industrial dynamics, pouring number of vehicle production, growing plastics and textile consumption and shift of manufacturing facilities in low-cost countries in the region. 

The report titled “GlobalHigh Performance Pigments (HPP) Market: Analysis By Type (Inorganic andOrganic), By Application (Coatings, Plastics & Textiles, Inks, Cosmetics,Others), By Region, By Country (2016-2021)” has covered and analysed the potential of Global High Performance Pigments Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global chemical distribution market. Additionally, the report also highlights market entry strategies for various companies across the globe.

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of global high performance pigments market on the basis of Types (Inorganic and Organic), By Application (Coatings, Plastics & Textiles, Inks, Cosmetics and Others), By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, Mexico, U.K., Germany, China, India, Japan, Indonesia, Brazil and Saudi Arabia).

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