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Plastic Pigments Market Size, Share, Growth Insight – 6.9% Estimated CAGR Growth By 2028

Jan 18, 2024 3:00 AM ET

Plastic Pigments Market Size, Share, Growth Insight – 6.9% Estimated CAGR Growth By 2028

MarkNtel Advisors is not just a market research company; it is a cornerstone in the realm of research and consulting provide market research report titled as Plastic Pigments Market Size, Share, Analysis, Forecast 2023-2028.

Plastic Pigments Market Analysis and Insights:

The Plastic Pigments Market size is estimated to grow at a CAGR of around 6.9% during the forecast period, i.e., 2023-28.

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Plastic Pigments Market Dynamics
Global Plastic Pigments Market Driver: Expansion of Automotive Industry to Augment the Market Growth

There is an increasing demand for lightweight materials in the automotive industry, as they can help reduce the weight of vehicles & improve fuel efficiency. Plastic pigments are used to produce lightweight plastic components that are utilized in automobiles for bumpers, dashboards, and door panels. The automotive industry is increasingly focusing on the customization of automotive components to differentiate its products from competitors. These pigments offer a wide range of color options, which can help manufacturers create customized parts attracting customers.

Moreover, many countries, like China, the US, Japan, Germany, etc., are experiencing a surge in automobile production due to ascending demand & expanding government support. Hence, this surge in automobile production across the globe is significantly contributing to the requirement for plastic pigments. Furthermore, the demand for electric vehicles is advancing rapidly, which can boost the need for these pigments. Hence, plastic components are used extensively in the production of electric vehicles, therefore their demand is expected to supplement in the coming years.

Plastic Pigments Market Report Segmentation:

The report has segmented the market into the following categories:

By Type

-Organic

–Phthalocyanine Pigmentss

–High-Performance Pigmentss

-Inorganic

-Titanium Dioxide

-Iron Oxide Pigmentss

-Chromium Oxide

-Carbon Black

-Cadmium Pigmentss

By End User

-Packaging

–Food & Beverage Packaging

–Consumer Goods Packaging

–Healthcare & Pharmaceutical Packaging

-Building & Construction

-Consumer Goods

-Automotive

-Others (Healthcare, Textiles, Electronics, etc.)

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Market Divided by Region/Country:

By Region

-North America

-South America

-Europe

-The Middle East & Africa

-Asia-Pacific

Who are the top Companies in the Plastic Pigments Market?

Venator Materials Plc, BASF, DIC Corporation, LANXESS, Ferro Corporation, Cabot Corporation, Clariant, Chemours, Kronos Worldwide Inc., Heubach GmbH, Tronox, Others

Note – If you require specific information not currently addressed in the report’s scope, we will supply it to you as part of the customization process

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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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Contact Information:

Contact Us – MarkNtel Advisors Call: +1 628 895 8081, +91 120 4278433 Email: [email protected]



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