1 INTRODUCTION 17
1.1 OBJECTIVES OF THE STUDY 17
1.2 MARKET DEFINITION 17
1.3 MARKET SCOPE 18
1.3.1 PIGMENT DISPERSIONS MARKET SEGMENTATION 18
1.3.2 REGIONS COVERED 18
1.3.3 YEARS CONSIDERED FOR THE STUDY 19
1.4 CURRENCY 19
1.5 UNIT CONSIDERED 19
1.6 STAKEHOLDERS 19

2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 21
2.1.1.1 Key data from secondary sources 21
2.1.2 PRIMARY DATA 21
2.1.2.1 Key data from primary sources 22
2.1.2.2 Key industry insights 23
2.1.2.3 Breakdown of primary interviews 23
2.2 MARKET SIZE ESTIMATION 24
2.2.1 BOTTOM-UP APPROACH 24
2.2.2 TOP-DOWN APPROACH 24
2.3 DATA TRIANGULATION 25
2.4 LIMITATIONS 26
2.5 ASSUMPTIONS 26

3 EXECUTIVE SUMMARY 27

4 PREMIUM INSIGHTS 30
4.1 ATTRACTIVE OPPORTUNITIES IN THE PIGMENT DISPERSIONS MARKET 30
4.2 PIGMENT DISPERSIONS MARKET, BY DISPERSION TYPE 30
4.3 PIGMENT DISPERSIONS MARKET, BY PIGMENT TYPE 31
4.4 PIGMENT DISPERSIONS MARKET IN APAC, BY END-USE INDUSTRY AND COUNTRY 31
4.5 PIGMENT DISPERSIONS MARKET, BY MAJOR COUNTRIES 32
?

5 MARKET OVERVIEW 33
5.1 INTRODUCTION 33
5.2 MARKET DYNAMICS 33
5.2.1 DRIVERS 34
5.2.1.1 Rising demand for paints and coatings 34
5.2.1.2 Booming construction industry 34
5.2.1.3 Increasing applications of pigment dispersions in emerging economies 35
5.2.2 RESTRAINTS 35
5.2.2.1 Stringent environmental regulations 35
5.2.2.2 Volatility in raw material (pigment) prices 37
5.2.3 OPPORTUNITIES 37
5.2.3.1 Increasing demand for organic pigments 37
5.2.3.2 Growing importance of aesthetics in packaging 38
5.2.4 CHALLENGES 38
5.2.4.1 Regulations related to recycling of plastics 38
5.3 PORTER’S FIVE FORCE ANALYSIS 39
5.3.1 BARGAINING POWER OF BUYERS 40
5.3.2 BARGAINING POWER OF SUPPLIERS 40
5.3.3 THREAT OF NEW ENTRANTS 40
5.3.4 THREAT OF SUBSTITUTES 41
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 41

6 PIGMENT DISPERSIONS MARKET, BY DISPERSION TYPE 42
6.1 INTRODUCTION 43
6.2 WATER-BASED DISPERSIONS 44
6.2.1 LOW VOC PROPERTY OF WATER-BASED DISPERSIONS IS
FUELING THE MARKET GROWTH 44
6.3 SOLVENT-BASED DISPERSIONS 44
6.3.1 CONSUMPTION OF ISOCYANATE IS LIKELY TO DECREASE DURING THE FORECAST PERIOD 44

7 PIGMENT DISPERSIONS MARKET, BY PIGMENT TYPE 45
7.1 INTRODUCTION 46
7.2 ORGANIC PIGMENTS 47
7.2.1 AZO PIGMENTS 48
7.2.1.1 Demand for azo pigments is driven by wide use in
different applications 48
7.2.2 PHTHALOCYANINE PIGMENTS 48
7.2.2.1 Paints & coatings and printing inks are the major applications of phthalocyanine pigments 48
7.2.3 HIGH PERFORMANCE PIGMENTS 48
7.2.3.1 Excellent lightfastness and heat stability properties are
boosting the demand for high-performance pigments 48
7.2.4 OTHERS 48
7.3 INORGANIC PIGMENTS 49
7.3.1 TITANIUM DIOXIDE 50
7.3.1.1 Low cost of titanium dioxide is fueling its market growth 50
7.3.2 IRON OXIDE 50
7.3.2.1 Rise in infrastructure developments will drive the demand for iron oxide 50
7.3.3 CARBON BLACK 51
7.3.3.1 Carbon black is the most widely used inorganic pigment dispersion in rubber and plastic applications 51
7.3.4 OTHERS 51

8 PIGMENT DISPERSIONS MARKET, BY APPLICATION 52
8.1 INTRODUCTION 53
8.2 PAINTS & COATINGS 54
8.2.1 AUTOMOTIVE COATINGS 54
8.2.1.1 Global growth of the automotive industry is expected to boost the demand for pigment dispersions 54
8.2.2 DECORATIVE COATINGS 54
8.2.2.1 Rapid growth in the residential construction industry is augmenting the market growth 54
8.2.3 INDUSTRIAL COATINGS 54
8.2.3.1 Growing industrialization is positively influencing the pigment dispersions market growth 54
8.3 INKS 55
8.3.1 GROWING DIGITAL PRINTING INDUSTRY IS DRIVING THE MARKET IN THE INKS APPLICATION SEGMENT 55
8.4 PLASTICS 55
8.4.1 AESTHETIC PROPERTIES OF PIGMENT DISPERSIONS HAVE INCREASED THE DEMAND IN PLASTICS 55
8.5 OTHERS 55

9 PIGMENT DISPERSIONS MARKET, BY END-USE INDUSTRY 56
9.1 INTRODUCTION 57
9.2 BUILDING & CONSTRUCTION 58
9.2.1 INCREASING NEED FOR NEW INDUSTRIAL AND COMMERCIAL BUILDING CONSTRUCTION IS A MAJOR DRIVER 58
9.3 AUTOMOTIVE 58
9.3.1 GROWING DEMAND FOR HIGH-PERFORMANCE PIGMENTS IN THE AUTOMOTIVE INDUSTRY IS FACILITATING THE MARKET GROWTH 58
9.4 PACKAGING 59
9.4.1 INCREASING DEMAND FROM RIGID AND FLEXIBLE PACKAGING IS BOOSTING THE MARKET 59
?
9.5 PAPER & PRINTING 59
9.5.1 INCREASING DEMAND FOR PAPER IN DEVELOPING COUNTRIES IS DRIVING THE MARKET 59
9.6 TEXTILE 59
9.6.1 RAPID CHANGE IN THE FASHION INDUSTRY IS EXPECTED TO SPUR THE DEMAND 59
9.7 OTHERS 60

10 PIGMENT DISPERSIONS MARKET, BY REGION 61
10.1 INTRODUCTION 62
10.2 APAC 64
10.2.1 CHINA 67
10.2.1.1 Growing paints & coatings and plastic industries are likely to have positive impact on the pigment dispersions market 67
10.2.2 INDIA 68
10.2.2.1 Rising disposable income will propel the pigment dispersions market 68
10.2.3 JAPAN 69
10.2.3.1 Increasing production of high-end automobiles in Japan is expected to boost the market growth 69
10.2.4 SOUTH KOREA 70
10.2.4.1 Development in residential, industrial, and institutional constructions is likely to drive the market 70
10.2.5 INDONESIA 71
10.2.5.1 High investments in residential developments are anticipated to spur the demand for pigment dispersions 71
10.2.6 REST OF APAC 72
10.3 NORTH AMERICA 73
10.3.1 US 75
10.3.1.1 Strong investments in R&D and technological advancements are expected to drive the pigment dispersions market 75
10.3.2 CANADA 76
10.3.2.1 Packaging and automotive industries are expected to propel the market 76
10.3.3 MEXICO 77
10.3.3.1 Growing demand for plastics in Mexico is expected to drive the market 77
10.4 EUROPE 79
10.4.1 GERMANY 81
10.4.1.1 The presence of a large industrial base is increasing the consumption of pigment dispersions in Germany 81
10.4.2 FRANCE 82
10.4.2.1 Growth in the paints & coatings sector is expected to boost the pigment dispersions market 82
10.4.3 UK 83
10.4.3.1 Government initiatives in the construction sector will boost the pigment dispersions market 83
10.4.4 ITALY 84
10.4.4.1 Growing packaging industry is expected to propel the growth of the pigment dispersions market 84
10.4.5 SPAIN 85
10.4.5.1 The demand for metal oxide pigments is likely to be driven by gradually increasing capital spending on construction projects 85
10.4.6 REST OF EUROPE 86
10.5 MIDDLE EAST & AFRICA 87
10.5.1 TURKEY 89
10.5.1.1 Growing demand for printing inks in the country is likely to drive the market 89
10.5.2 SAUDI ARABIA 90
10.5.2.1 Rapid development in infrastructure is expected to spur the demand for pigment dispersions 90
10.5.3 SOUTH AFRICA 91
10.5.3.1 Increasing investments in the construction industry are boosting consumption of pigment dispersions 91
10.5.4 REST OF MIDDLE EAST & AFRICA 92
10.6 SOUTH AMERICA 93
10.6.1 BRAZIL 94
10.6.1.1 Increase in spending for infrastructure development will drive the pigment dispersions market 94
10.6.2 ARGENTINA 95
10.6.2.1 The growth of the building & construction industry is expected to spur the demand for pigment dispersions 95
10.6.3 REST OF SOUTH AMERICA 96
11 COMPETITIVE LANDSCAPE 98
11.1 INTRODUCTION 98
11.2 COMPETITIVE LEADERSHIP MAPPING, 2018 99
11.2.1 VISIONARY LEADERS 99
11.2.2 INNOVATORS 99
11.2.3 DYNAMIC DIFFERENTIATORS 99
11.2.4 EMERGING COMPANIES 99
11.2.5 STRENGTH OF PRODUCT PORTFOLIO 101
11.2.6 BUSINESS STRATEGY EXCELLENCE 102
11.3 RANKING OF KEY MARKET PLAYERS 103
11.4 COMPETITIVE SCENARIO 104
11.4.1 NEW PRODUCT LAUNCH 104
11.4.2 ACQUISITION 105
11.4.3 EXPANSION 106
11.4.4 PARTNERSHIP 107
?
12 COMPANY PROFILES 108
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
12.1 CLARIANT 108
12.2 BASF 112
12.3 DIC CORPORATION 115
12.4 SUDARSHAN CHEMICAL 119
12.5 CHROMAFLO 122
12.6 CABOT CORPORATION 124
12.7 HEUBACH GMBH 126
12.8 PENN COLOR 128
12.9 PIDILITE 129
12.10 SHERWIN-WILLIAMS 131
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
12.11 OTHER COMPANIES 133
12.11.1 ARCHROMA MANAGEMENT LLC 133
12.11.2 CHROMATECH INC. 133
12.11.3 DOWDUPONT INC. 133
12.11.4 DYSTAR 133
12.11.5 RPM INTERNATIONAL INC. 133
12.11.6 SOLVAY S.A. 134
12.11.7 LANXESS 134
13 APPENDIX 135
13.1 DISCUSSION GUIDE 135
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 139
13.3 AVAILABLE CUSTOMIZATIONS 141
13.4 RELATED REPORTS 141
13.5 AUTHOR DETAILS 142