Demand of arylamide pigments are anticipated to witness a CAGR of 3.5% to 4.5% over the coming assessment period of 2021 to 2031. The growing demand of pigments in paints and coatings industries, paper industry, textile and plastic industry and for manufacturing of inks are expected to boost the sales of arylamides in the coming years. Arylamide yellow is further estimated to remain a key type of arylamide and is expected to grow with a considerable growth rate during the forecast period.
What is Propelling Demand for Arylamide Pigments?
With the growing demand of pigments in various end use industries like paints and coatings, inks manufacturing, plastic and textiles, paper and pulp and others are expected to boost the sales of this category of pigments as this category provides a wide range of colors with a wide range of shades. The growing demand of various colors of inks all over the globe is boosting the consumption of pigments including the arylamide category.
Significantly growing textile industry is increasing the requirement of pigments owing to the demand for high fashion apparel. Furthermore the growing demand of toys especially colorful plastic toys are also estimated to increase the consumption rate of the arylamide pigments over the forecast period.
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Paints and Coatings industry expected to drive the consumption of Arylamide Pigments
The growing consumption of paints and coatings in buildings, construction and in infrastructure are expected to increase the demand for the pigments in the coming years. The growing demand of water repellent paints to protect the wall surfaces of a building are also benefiting the arylamide category as these pigments are used in color formulation for these paints that have the property to repel water.
The growing demand of acid resistant, solvent resistant and corrosion resistant coatings in various manufacturing industries are also increasing the demand of arylamide pigments, as this pigment is resistive to corrosion. The growing high rise buildings all over the globe are benefiting the sales of paints as high rise building consumes a significant amount of paints, which benefits the sales volume of pigments.
US and Canada Arylamide Pigments Market Outlook
The significant growth in the paints and coatings industries in U.S. and Canada have boosted the consumption of arylamide pigment types. This is due to the use of paints and coatings in buildings and construction sector and use of coatings in various industries, since both the countries have significant construction spending on buildings especially on high rise buildings and structures.
The substantially growing textile industries are also boosting the demand of arylamide pigments in U.S. and Canada, since these pigments are used in coloring the clothes. Strong growth in the paper industry and plastic industry along with growing demand of inks are also boosting the market in these countries.
Asia Pacific Demand Outlook for Arylamide Pigments
Significantly growing end use industries in several countries of Asia Pacific region is anticipated to boost the consumption of Arylamide Pigments during the forecast period. China, India and ASEAN are estimated to witness a substantial growth in the market of the pigments owing to the growing paints, paper, inks and textile industries.
Asia Pacific region is also expected to account for a significant share of Arylamide Pigments global consumption owing to the presence of several number of end user industries. Further with the presence of a significant number of manufacturers the region is also expected to remain a key provider of the pigment across the globe.
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Who are the Key Manufacturers and Suppliers of Arylamide Pigments?
Some of the leading manufacturers and suppliers of the product include
- BASF SE
- CHROMA AUSTRALIA PTY. LTD.
- Hoechst AG
- Hangzhou Han-Color Chemical Co. Ltd.
- Sudarshan chemical Industries Limited
- Anupam Colours & Chemical Industries
- Skychem Corporation limited
- K. SAKAI & Co. Ltd
Key players are focusing on increasing their production capacities to cater the growing demand from the end user industries. Manufacturers are also investing a significant amount in Research and Innovation for the development of nano-pigments to enhance the properties of the paints, inks and coatings, as nano-pigments boost the properties of the bulk substance with decreasing the overall usage. The growing trend of nanotechnology in the paints and coatings industries to provide an advance protective layer to the building and infrastructure surfaces and are also anticipated to boost the demand of pigments in the coming years.
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- Arylamide Yellow
- Arylamide Red
- Arylamide Orange
- Paper Industry
- Printing Inks
- Paints & coatings
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- South Asia
- Australia & New Zealand
- East Asia
- South Korea
- Middle East and Africa
- GCC Countries
- S. Africa
- Northern Africa
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