High Performance Pigments Market Insights, Review and Outlook to 2022: Hexa Reports

Hexa Reports

Market Research Reports and Insightful Company Profiles

High Performance Pigments Market Share, Size, Market

Insights, Trends, Market Review and Outlook, Overview

And Segment Forecasts To 2022

The global High Performance Pigments Market is expected to reach USD 6.32 billion by 2022, according

to a new report by Grand View Research, Inc. Growing of automotive coatings demand on account of

increasing automobile production particularly in Asia Pacific is expected to remain a key driving factor

for the global High Performance Pigments Market.

The growth of global personal care industry is also expected to have a positive influence on the market

growth. Volatile raw material prices coupled with the high price of these pigments is expected to remain

a key challenge for market participants. The market displays high competition among its industry

participants which has resulted in companies taking strong measures to reduce manufacturing costs and

yet provide superior quality products.

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Inorganic high performance pigments emerged as the leading product segment with demand share

exceeding 60% of the global market in 2014. However, organic high performance pigments are

presumed to witness a faster growth rate on account of changing customer buying patterns and

favorable regulatory scenario.

Further key findings from the report suggest:

Hexa Reports

Market Research Reports and Insightful Company Profiles

Global High Performance Pigments Market demand was 154.8 kilo tons in 2014 and is expected to reach

233.0 kilo tons by 2022, at a CAGR of 5.2%from 2015 to 2022.

Coatings were the leading application segment and accounted for 59.9% of total market volume in 2014.

Growth of global automotive coatings industry is expected to drive this segment over the forecast

period. It is also expected to witness the highest growth of 5.4% over the forecast period....