Plastic Pigment Market By Type (Organic, Inorganic), By Application (Packaging, Consumer Goods, Building and Construction, Automotive, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032

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The global plastic pigment market was valued at $11.2 billion in 2022, and is projected to reach $21.8 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032.

Plastic pigments are colorants made particularly for coloring polymers during manufacturing operations. These pigments are available in various forms such as powders, liquids, or masterbatches, and are incorporated into plastic resins to impart specific colors, effects, and properties to finished plastic products. They play a crucial role in enhancing the aesthetic appeal, brand identity, and functionality of a wide range of plastic items across industries including packaging, automotive, and consumer goods.

Increased demand for eco-friendly and bio-based pigments is expected to propel the growth of the plastic pigments market

Increased demand for eco-friendly and bio-based pigments serves as a significant driver of the plastic pigments market. Industries are seeking sustainable substitutes for conventional pigments made from fossil fuels as environmental concerns continue to grow globally. Eco-friendly and bio-based pigments offer a solution by utilizing renewable resources and reducing the carbon footprint associated with pigment production and usage.

Furthermore, growing awareness among consumers and regulatory bodies about the environmental impact of conventional pigments, that often contain heavy metals and other harmful chemicals increases the demand for bio-based pigments. Hence, the industries such as packaging, textiles, cosmetics, and consumer goods are actively seeking sustainable pigment options to align with their corporate social responsibility initiatives and meet stringent environmental regulations.

Moreover, advancements in technology have led to the development of eco-friendly pigments with improved performance characteristics, comparable to their conventional counterparts. These bio-based pigments offer excellent color vibrancy, stability, and versatility while minimizing environmental harm throughout their lifecycle. Thus, surge in demand for eco-friendly and bio-based pigments is expected to drive the growth of the plastic pigments market during the forecast period.

The migration of pigments to the surface of plastic products as a result of heat, UV light, or chemical interactions.. This phenomenon results in several undesirable outcomes. For instance, surface migration leads to the formation of color inconsistencies or streaks on the plastic product's surface, detracting from its aesthetic appeal. In addition, migration compromises the durability and longevity of the color, causing fading, discoloration, or even complete loss of color over time. This is particularly problematic in applications where color retention is critical, such as outdoor signage, automotive interiors, or consumer electronics.

Furthermore, migration of pigments may raise concerns regarding product safety and compliance with regulatory standards, especially if the migrated pigments contain hazardous substances or exceed permissible limits. Thus, migration of pigments to the surface of plastic products limits the growth potential of the plastic pigments market.

Contrarily, innovations in plastic pigment formulations offer substantial growth opportunity for the plastic pigments market. These innovations encompass improvements in chemical composition, particle size, dispersion characteristics, and color potency. Manufacturers have improved color brightness, durability, and resilience to environmental stressors such as UV radiation and temperature variations by refining these ingredients to make pigments.

Furthermore, these advancements have facilitated the development of pigments with tailored properties, meeting specific application needs across diverse industries such as automotive, packaging, construction, and consumer goods. For instance, pigments designed for automotive use may prioritize attributes such as heat resistance and weather durability, whereas those intended for packaging materials might emphasize factors such as food safety adherence and lightfastness. Thus, advancements in plastic pigments formulations are expected to offer lucrative growth opportunities for the expansion of the plastic pigments market during the forecast period.

The global plastic pigments market is segmented into type, end-use industry, and region. Depending on type, the market is bifurcated into inorganic pigments and organic pigments. On the basis of end-use industry, it is classified into packaging, consumer goods, building & construction, and automotive. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

The major players operating in the global plastic pigments market are Atul Ltd., BASF SE, CLARIANT, DIC CORPORATION, Heubach GmbH, LANXESS, Mazda Colours Ltd, Sudarshan Chemical Industries Limited, The Chemours Company, and Tronox Holdings Plc. Other players include ALTANA AG, Huntsman International LLC, Kronos Worldwide, Inc., Shepherd Color, Venator Materials PLC., and Vibrantz.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the plastic pigment market analysis from 2022 to 2032 to identify the prevailing plastic pigment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the plastic pigment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global plastic pigment market trends, key players, market segments, application areas, and market growth strategies.

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Analysis of raw material in a product (by %)
Investment Opportunities
Technology Trend Analysis
Patient/epidemiology data at country, region, global level
Regulatory Guidelines
Surgical procedures data- specific or multiple surgery types
Additional company profiles with specific to client's interest
Additional country or region analysis- market size and forecast
Expanded list for Company Profiles
Historic market data
Import Export Analysis/Data
List of customers/consumers/raw material suppliers- value chain analysis
Market share analysis of players at global/region/country level
SWOT Analysis
Volume Market Size and Forecast

Key Market Segments

By Type

Organic
Inorganic

By Application

Packaging
Consumer Goods
Building and Construction
Automotive
Others

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Rest of Asia-Pacific
LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA

Key Market Players:

Atul Ltd.
BASF SE
Clariant AG.
DIC CORPORATION
Heubach GmbH & Co. KG
LANXESS
Mazda Colours Ltd.
Sudarshan Chemical Industries Limited
The Chemours Company
Tronox Holdings Plc

Product Code: A148640

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
3.3. Porter's five forces analysis
3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.2. Restraints
- 3.4.3. Opportunities
3.5. Value Chain Analysis
3.6. Pricing Analysis
3.7. Key Regulation Analysis
3.8. Patent Landscape

CHAPTER 4: PLASTIC PIGMENT MARKET, BY TYPE

4.1. Overview
- 4.1.1. Market size and forecast
4.2. Organic
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
4.3. Inorganic
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country

CHAPTER 5: PLASTIC PIGMENT MARKET, BY APPLICATION

5.1. Overview
- 5.1.1. Market size and forecast
5.2. Packaging
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
5.3. Consumer Goods
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
5.4. Building and Construction
- 5.4.1. Key market trends, growth factors and opportunities
- 5.4.2. Market size and forecast, by region
- 5.4.3. Market share analysis by country
5.5. Automotive
- 5.5.1. Key market trends, growth factors and opportunities
- 5.5.2. Market size and forecast, by region
- 5.5.3. Market share analysis by country
5.6. Others
- 5.6.1. Key market trends, growth factors and opportunities
- 5.6.2. Market size and forecast, by region
- 5.6.3. Market share analysis by country

CHAPTER 6: PLASTIC PIGMENT MARKET, BY REGION

6.1. Overview
- 6.1.1. Market size and forecast By Region
6.2. North America
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by Type
- 6.2.3. Market size and forecast, by Application
- 6.2.4. Market size and forecast, by country
  - 6.2.4.1. U.S.
  - 6.2.4.1.1. Market size and forecast, by Type
  - 6.2.4.1.2. Market size and forecast, by Application
  - 6.2.4.2. Canada
  - 6.2.4.2.1. Market size and forecast, by Type
  - 6.2.4.2.2. Market size and forecast, by Application
  - 6.2.4.3. Mexico
  - 6.2.4.3.1. Market size and forecast, by Type
  - 6.2.4.3.2. Market size and forecast, by Application
6.3. Europe
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by Type
- 6.3.3. Market size and forecast, by Application
- 6.3.4. Market size and forecast, by country
  - 6.3.4.1. Germany
  - 6.3.4.1.1. Market size and forecast, by Type
  - 6.3.4.1.2. Market size and forecast, by Application
  - 6.3.4.2. UK
  - 6.3.4.2.1. Market size and forecast, by Type
  - 6.3.4.2.2. Market size and forecast, by Application
  - 6.3.4.3. France
  - 6.3.4.3.1. Market size and forecast, by Type
  - 6.3.4.3.2. Market size and forecast, by Application
  - 6.3.4.4. Spain
  - 6.3.4.4.1. Market size and forecast, by Type
  - 6.3.4.4.2. Market size and forecast, by Application
  - 6.3.4.5. Italy
  - 6.3.4.5.1. Market size and forecast, by Type
  - 6.3.4.5.2. Market size and forecast, by Application
  - 6.3.4.6. Rest of Europe
  - 6.3.4.6.1. Market size and forecast, by Type
  - 6.3.4.6.2. Market size and forecast, by Application
6.4. Asia-Pacific
- 6.4.1. Key market trends, growth factors and opportunities
- 6.4.2. Market size and forecast, by Type
- 6.4.3. Market size and forecast, by Application
- 6.4.4. Market size and forecast, by country
  - 6.4.4.1. China
  - 6.4.4.1.1. Market size and forecast, by Type
  - 6.4.4.1.2. Market size and forecast, by Application
  - 6.4.4.2. India
  - 6.4.4.2.1. Market size and forecast, by Type
  - 6.4.4.2.2. Market size and forecast, by Application
  - 6.4.4.3. Japan
  - 6.4.4.3.1. Market size and forecast, by Type
  - 6.4.4.3.2. Market size and forecast, by Application
  - 6.4.4.4. South Korea
  - 6.4.4.4.1. Market size and forecast, by Type
  - 6.4.4.4.2. Market size and forecast, by Application
  - 6.4.4.5. Australia
  - 6.4.4.5.1. Market size and forecast, by Type
  - 6.4.4.5.2. Market size and forecast, by Application
  - 6.4.4.6. Rest of Asia-Pacific
  - 6.4.4.6.1. Market size and forecast, by Type
  - 6.4.4.6.2. Market size and forecast, by Application
6.5. LAMEA
- 6.5.1. Key market trends, growth factors and opportunities
- 6.5.2. Market size and forecast, by Type
- 6.5.3. Market size and forecast, by Application
- 6.5.4. Market size and forecast, by country
  - 6.5.4.1. Brazil
  - 6.5.4.1.1. Market size and forecast, by Type
  - 6.5.4.1.2. Market size and forecast, by Application
  - 6.5.4.2. Saudi Arabia
  - 6.5.4.2.1. Market size and forecast, by Type
  - 6.5.4.2.2. Market size and forecast, by Application
  - 6.5.4.3. South Africa
  - 6.5.4.3.1. Market size and forecast, by Type
  - 6.5.4.3.2. Market size and forecast, by Application
  - 6.5.4.4. Rest of LAMEA
  - 6.5.4.4.1. Market size and forecast, by Type
  - 6.5.4.4.2. Market size and forecast, by Application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. Introduction
7.2. Top winning strategies
7.3. Product mapping of top 10 player
7.4. Competitive dashboard
7.5. Competitive heatmap
7.6. Top player positioning, 2022

CHAPTER 8: COMPANY PROFILES

8.1. Atul Ltd.
- 8.1.1. Company overview
- 8.1.2. Key executives
- 8.1.3. Company snapshot
- 8.1.4. Operating business segments
- 8.1.5. Product portfolio
- 8.1.6. Business performance
- 8.1.7. Key strategic moves and developments
8.2. BASF SE
- 8.2.1. Company overview
- 8.2.2. Key executives
- 8.2.3. Company snapshot
- 8.2.4. Operating business segments
- 8.2.5. Product portfolio
- 8.2.6. Business performance
- 8.2.7. Key strategic moves and developments
8.3. Clariant AG.
- 8.3.1. Company overview
- 8.3.2. Key executives
- 8.3.3. Company snapshot
- 8.3.4. Operating business segments
- 8.3.5. Product portfolio
- 8.3.6. Business performance
- 8.3.7. Key strategic moves and developments
8.4. DIC CORPORATION
- 8.4.1. Company overview
- 8.4.2. Key executives
- 8.4.3. Company snapshot
- 8.4.4. Operating business segments
- 8.4.5. Product portfolio
- 8.4.6. Business performance
- 8.4.7. Key strategic moves and developments
8.5. Heubach GmbH & Co. KG
- 8.5.1. Company overview
- 8.5.2. Key executives
- 8.5.3. Company snapshot
- 8.5.4. Operating business segments
- 8.5.5. Product portfolio
- 8.5.6. Business performance
- 8.5.7. Key strategic moves and developments
8.6. LANXESS
- 8.6.1. Company overview
- 8.6.2. Key executives
- 8.6.3. Company snapshot
- 8.6.4. Operating business segments
- 8.6.5. Product portfolio
- 8.6.6. Business performance
- 8.6.7. Key strategic moves and developments
8.7. Mazda Colours Ltd.
- 8.7.1. Company overview
- 8.7.2. Key executives
- 8.7.3. Company snapshot
- 8.7.4. Operating business segments
- 8.7.5. Product portfolio
- 8.7.6. Business performance
- 8.7.7. Key strategic moves and developments
8.8. Sudarshan Chemical Industries Limited
- 8.8.1. Company overview
- 8.8.2. Key executives
- 8.8.3. Company snapshot
- 8.8.4. Operating business segments
- 8.8.5. Product portfolio
- 8.8.6. Business performance
- 8.8.7. Key strategic moves and developments
8.9. The Chemours Company
- 8.9.1. Company overview
- 8.9.2. Key executives
- 8.9.3. Company snapshot
- 8.9.4. Operating business segments
- 8.9.5. Product portfolio
- 8.9.6. Business performance
- 8.9.7. Key strategic moves and developments
8.10. Tronox Holdings Plc
- 8.10.1. Company overview
- 8.10.2. Key executives
- 8.10.3. Company snapshot
- 8.10.4. Operating business segments
- 8.10.5. Product portfolio
- 8.10.6. Business performance
- 8.10.7. Key strategic moves and developments