Asia-Pacific Pigments Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The market is segmented by Product Type (Inorganic, Organic, Specialty Pigments, and Other Product Types), Application (Paints and Coatings, Textiles, Printing Inks, Plastics, Leather, and Other Applications), and Geography (China, India, Japan, South Korea, Australia & New Zealand, and Rest of Asia-Pacific)

Market Snapshot

ceramic inks market
Study Period: 2016 - 2026
Base Year: 2020
CAGR: >6 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The market for the market is expected to grow more than a CAGR of over 6% during the forecast period. Growing demand from the paints and coatings industry is expected to drive the growth of the market.

  • Stringent government regulations are expected to hinder the growth of the market in the forecast period.

  • China dominated the market across the Asia-Pacific with the largest consumption. This is primarily due to the rising demand for paints & coatings from various industries.

Scope of the Report

The Asia-Pacific pigments market report includes:

Product Type
Inorganic
Titanium Dioxide
Zinc Oxide
Other Product Types
Organic
Specialty Pigments and Others
Application
Paints and Coatings
Textiles
Printing Inks
Plastics
Leather
Other Applications
Geography
China
India
Japan
South Korea
Australia & New Zealand
Rest of Asia-Pacific

Report scope can be customized per your requirements. Click here.

Key Market Trends

Increasing Demand from Paints and Coatings

  • With the steady growth of the construction sector, the demand for paints and coatings has been increasing in numerous countries, across the world, thereby increasing the demand for vibrant shades/pigments. 

  • Southeast Asia is expected to be a major construction market, in the years to come. According to Global Construction 2030 (published by Global Construction Perspectives and Oxford Economics), Southeast Asia’s construction market is anticipated to exceed USD 1.0 trillion, by 2030.

  • This prediction is underpinned by global geopolitical trends that see the BRIC region making way for ICASA (India, China, Africa, and Southeast Asia), to be the world’s new economic epicenter.  

  • With the increasing demand for paints and coatings, there is a rise in the production of paints and coatings, in the region. This, in turn, is also driving the demand for the market studied. 

Ceramic Inks Market Revenue Share

China is Expected to Dominate the Market in the Asia-Pacific Region

  • China is the largest manufacturer of coatings in the Asia-Pacific region, even when the entire coating industry was more or less slowing down in most of the regions.

  • Despite the volatile growth in the real estate sector, the significant development of rail and road infrastructure by the Chinese government to withstand the expanding industrial and service sectors, has resulted in a significant growth of the Chinese construction industry in the recent years.

  • As the construction industry is dominated by state-owned enterprises, the increased government spending is boosting the industry in the country.

  • Hence, with the growth in the various industries in the country, the consumption of paints and coatings, plastics, and textiles is increasing, which in turn, is expected to drive the demand in the market studied during the forecast period.

Cermic Inks Market Regional Trends

Competitive Landscape

The Asia-Pacific pigments market is consolidated. The major companies include BASF SE, Clariant, The Chemours Company, Venator Materials PLC, and Lanxess, among others.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Drivers

      1. 4.1.1 Growing Demand From the Paints and Coatings Industry

      2. 4.1.2 Rising Demand for Textiles in India

    2. 4.2 Restraints

      1. 4.2.1 Stringent Government Regulations on Coatings

    3. 4.3 Industry Value-Chain Analysis

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products and Services

      5. 4.4.5 Degree of Competition

    5. 4.5 Patent Analysis

  5. 5. MARKET SEGMENTATION

    1. 5.1 Product Type

      1. 5.1.1 Inorganic

        1. 5.1.1.1 Titanium Dioxide

        2. 5.1.1.2 Zinc Oxide

        3. 5.1.1.3 Other Product Types

      2. 5.1.2 Organic

      3. 5.1.3 Specialty Pigments and Others

    2. 5.2 Application

      1. 5.2.1 Paints and Coatings

      2. 5.2.2 Textiles

      3. 5.2.3 Printing Inks

      4. 5.2.4 Plastics

      5. 5.2.5 Leather

      6. 5.2.6 Other Applications

    3. 5.3 Geography

      1. 5.3.1 China

      2. 5.3.2 India

      3. 5.3.3 Japan

      4. 5.3.4 South Korea

      5. 5.3.5 Australia & New Zealand

      6. 5.3.6 Rest of Asia-Pacific

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements

    2. 6.2 Market Share Analysis**

    3. 6.3 Strategies Adopted by Leading Players

    4. 6.4 Company Profiles

      1. 6.4.1 Altana AG

      2. 6.4.2 BASF SE

      3. 6.4.3 Clariant

      4. 6.4.4 DIC Corporation

      5. 6.4.5 Lanxess

      6. 6.4.6 Pidilite Industries Ltd

      7. 6.4.7 Sudarshan Chemical Industries Limited

      8. 6.4.8 The Chemours Company

      9. 6.4.9 Tronox Holdings PLC

      10. 6.4.10 Venator Materials PLC

      11. 6.4.11 Wellton Chemical Co. Ltd

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Asia-Pacific Pigments Market market is studied from 2016 - 2026.

The Asia-Pacific Pigments Market is growing at a CAGR of >6% over the next 5 years.

BASF SE, Clariant, The Chemours Company, Venator Materials PLC, Lanxess are the major companies operating in Asia-Pacific Pigments Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!