Pigment Intermediates Market 2019: Potential Growth By Key Players Sales Analysis And Forecast 2023
Pigment
Intermediates Market Insights
Camex Limited (India), CALSAK
CORPORATION (US), Ambuja Intermediates Pvt Ltd (India), Nova International
(India), Sugai Chemical IND.CO.,LTD. (Japan), Wellton Chemical Co.,Ltd.
(China), Minal Intermediates (India), Seya Industries Ltd. (India), Sarna
Chemicals (India), Kawaguchi Chemical Industry Co., LTD (Japan), and Nantong
Acetic Acid Chemical Co., Ltd. (China) these are the key players for Pigment
Intermediates Market.
The European market is expected to showcase significant growth due to the high
product demand for automotive parts production in the region, especially in
Western countries such as Germany, the UK, France, and Italy.
The Latin American market
is expected to witness substantial growth due to the high demand in the
automotive industry in the region.
North America accounted for the second-largest market share in 2017 due to the
growing demand for paints & coatings in the automotive, electronics, and
construction industries. The increasing demand for wireless electronic devices
due to high standards of living in the region is likely to further fuel
demand.
Segmentation
Analysis
The Global Pigment Intermediates
Market has been segmented on the basis of type, end-use industry, and region.
Based on type, the market has been bifurcated into organic and inorganic
intermediates.
By end-use industry, the market has been segmented into paints & coatings,
textiles, construction, paper, plastics, and others.
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Key Players
- Camex
Limited
- CALSAK
CORPORATION
- Ambuja
Intermediates Pvt Ltd
- Nova
International
- Sugai
Chemical IND.CO.,LTD.
- Wellton
Chemical Co.,Ltd.
- Minal
Intermediates
- Seya
Industries Ltd.
- Sarna
Chemicals
- Kawaguchi
Chemical Industry Co.LTD
- Nantong
Acetic Acid Chemical Co.Ltd.
Regional
Analysis
Asia-Pacific accounted for the majority of the market share in 2017 due to the
high demand for pigment intermediates in the paints & coatings, textiles,
construction, paper, and plastics industries. The demand for paints &
coatings in automotive, electronics, and consumer goods industries can be
attributed to the rapid industrialization and urbanization, which has resulted
in an increased number of commercial and residential construction activities.
The growth of the automotive industry in the region owing to the rising
disposable income and the changing lifestyle of the consumers is driving the global
pigment intermediates market. The growth of the electronics industry in China,
Malaysia, Thailand, and India is another factor propelling market growth. The
use of mobile phones, televisions, gaming devices, laptops, and other
electronics, along with initiatives such as Digital India, are likely to fuel
product demand in the electronics industry.
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