Trends in paints, dyes & pigments:

Trends in paints, dyes & pigments:

Pigments are extensively used in industries including coatings, paints, plastic molding, and plastic production plus also in decoration & protection coating against UV radiation & corrosion. As far as its outlook for 2013 is concerned, it’s positive and growing, especially dyes & pigments, there usage will increase and it is a good opportunity for manufacturers of paints.

Let’s have a look at the growing demand, according to (market research firm), the sales of pigments will exceed USD 45 billion in 2018. More specifically, the Asia pacific region was the largest market in 2011 followed by North America and Western Europe. These markets will play a major role for revenue streams and main source of business for the manufacturers of paints, while Chinese manufacturers of coloring paint pigments will definitely be eying on these markets.

According to the speculations by different sources, in 2018 main markets will be North America, western Europe, Italy, France and Germany, predicted that in 2015, the consumption of organic pigments will reach up to 35,000 t and inorganic up to 2,005 t, for colorant & chemical producers these figures are interesting as they will be able to manage their productions accordingly by keeping the demand forecast of coatings & colorant up front and a wonderfully opportunity for color paint pigments supplier.

 

Whereas, there is another side of the sphere, which is related to the challenges for the manufacturers of pigments in terms of dyes and paints & other chemicals, the first and foremost problem is the increasing cost the major challenge would revolve around this variable, it would be tough for the manufacturers of pigments to keep the cost under