Articles
India Pigments Market Outlook to 2022: Ken Research
by Ashish Kumar Market ResearcherThe report titled “India
Pigments Market Outlook to 2022 – By Organic Pigments (Azo Pigments – Yellow,
Red, Blue and Orange; Phthalocyanine – Green and Blue and HPP – Red, Orange and
Yellow) and Inorganic Pigments (Titanium Oxide, Iron Oxide, Chrome Oxide and
Others) and CPC Blue Crude Market” provides a comprehensive analysis of
pigments and pigment preparations in India. The report focuses on overall
market size for pigments in India, market segmentation by export and domestic
sales, by product type (inorganic pigments and organic pigments), by market
structure (organized and unorganized market), by organic pigment type
(phthalocyanine pigments, azo pigments and high performance pigments), by
phthalocyanine pigment type (green and blue), by azo pigment type (yellow, red,
blue and orange), by HPP pigment type (red, orange and yellow), by inorganic
pigment type (titanium oxide, iron oxide pigments, chrome oxide pigments and
others), by application (paint and coatings, plastics, printing inks,
construction and others). The report also covers the overall competitive
landscape, government role and regulations, PESTEL analysis, porter’s five
forces model, growth drivers, trends and developments. The report concludes
with market projection for future for pigments market and analyst
recommendations highlighting the major opportunities and cautions for overall
India pigments market.
India Pigments Market
Size
The Indian pigment industry has witnessed an exceptional
growth over the review period 2012-2017 owing to high usage of pigments in
several end-user industries such as cosmetics, paints and coatings. The pigment
sales registered constant growth increasing in value over the years. In India,
major selling inorganic pigments include carbon black pigment and titanium
dioxide, whose consumption was evaluated at thousands of tonnes and is majorly
used in paints and process of plastics.
India Pigments Market
Segmentation
By Export and Domestic
Sales
The Indian pigment industry has transformed itself from being
import dependent to an export driven market with high exports of pigment
emulsions, thus grabbing a a major revenue share in 2017. On the other hand,
the domestic sales segment captured the remaining revenue share in the year
2017.
By Inorganic and
Organic Pigments
The inorganic pigments dominated the Indian pigments industry
with a majority revenue share in the year 2017. Amongst the inorganic pigment
segment, titanium oxide remains the most in demand pigment type in India by
generating maximum of total revenues and is primarily used in paints and
coatings industry whereas, pigments such as iron oxide, chrome oxide and others
captured the remaining share of total revenues derived from inorganic pigments.
On the other hand, the organic pigments captured a lesser revenue share in the
year 2017. Amongst organic pigment type, phthalocyanine pigments were observed
to be on top by capturing more than half of the organic pigments market
whereas, azo pigments and high performance pigments captured the remaining
revenue share of in 2017.
By Market Structure
The manufacturing of organic pigments within India was
dominated by the organized sector with a highest revenue share in 2017, thus
constituting a well established domestic as well as international firms such as
Bodal Chemicals, Clariant Chemicals and others producing high quality pigment
type. On the other hand, the inorganic pigments were majorly captured by the
unorganized sector.
By Applications
The paint and coatings segment dominated the Indian pigment
industry with highest revenue share in 2017. Pigments not only provide color,
opacity and gloss to a particular paint type but it also serves to protect the
underneath surface from corrosion and weathering. Applications such as
plastics, printing inks, construction and others were witnessed to capture the
remaining revenue share in 2017.
Comparative Landscape
in India Pigments Market
India pigments market was observed to be highly fragmented
with the presence of ~ manufacturers, out of which only few manufacturers
constitute the organized sector whereas, the remaining make up the unorganized
sector. Some of the key companies profiled in the report include Clariant
Chemicals, Meghmani Organics, Sudarshan Chemicals, Asahi Songwon, Aksharchem
Ltd, Kiri Industries, Poddar Pigments, Kesar Petroproducts, Mazda Colors,
Mallak Pigments, Pidilite, Colourtex Industries, Phthalo Colors &
Chemicals, Lona Industries, Gharda Chemicals and Vibfast Pigments Pvt. Ltd. The
leading players in pigments segment were witnessed as Sudarshan Chemicals,
Meghmani Organics and Clariants India, thus collectively accounting for high
share of the total pigments market in India in the year 2017.
India Pigments Market
Future Outlook and Projections
Pigments are an integral part of the country’s overall
chemical sector. Over the forecast period, India pigments market is expected to
generate revenues through increasing production of phthalo and azo pigments,
for instance, phthalocyanine blue crude is one of the major selling phthalo
pigments domestically as well as internationally. Many pigment manufacturers
are witnessed to develop an effective waste water management system for
effluent discharge of untreated waste, therefore boosting pigment manufacturing
in India. The Indian pigments market is further anticipated to reach revenues
worth more than INR 20,000 crores by the year ending 2022, thus growing at a
positive CAGR in the forecasted period 2017-2022E.
For More Information,
Refer to the Link below
Related Reports:
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/india-dyes-market/149540-101.html
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About Ashish Kumar 
Market Researcher
214 connections, 0 recommendations, 521 honor points.Joined APSense since, April 19th, 2016, From gurgaon, India.
Created on Jul 3rd 2018 04:16. Viewed 133 times.
