Update News: Growing Importance Of Aesthetics In Packaging Has Boosted The Organic Pigment Market Growth

  • According to the new market research report “Organic Pigment Market by Type (Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments, and Others), by Application (Printing Inks, Paints & Coatings, Paints & Coatings, and Others), by Region (North America, Asia Pacific, Europe, Middle East & Africa, South America) — Global Forecast (2020 to 2027)”, the global organic pigment market is estimated to reach USD 4.97 Billion by 2027 at a CAGR of around 4.6% during the review period.
  • Increase demand for the launch of new and attractive products for various application has expected to boost the growth of product market
  • Increasing use of organic pigment in high tech applications such as optoelectronic display, optical data storage has expected to create significant growth
  • Growing industrialization and strict environmental regulation in developing nations has boosted the organic pigment market growth
  • Lack of raw materials availability is one of the major restraining factor towards the growth of the product market
  • Growing business competition has triggered a need for marketing and branding that has boosted the use of aesthetics packaging, thus driving the organic pigment market growth
  • Stringent regulations to safeguard the food products form chemicals used for packaging has boosted the use of product market
  • Higher cost of organic pigments than inorganic pigments is hampering the growth during the forecast period
Organic Pigment Market
  • North America
  • Asia Pacific
  • Clariant:
  • Sun Chemical:

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DataBridge Market Research

DataBridge Market Research

28 Followers

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approach