Energy Industry Analysis and Market Trends

The global pigments market was valued at US$ 29,049.45 Mn in 2017 and is anticipated to expand at a CAGR of 4.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled ‘Pigments Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ The global pigments market is driven by rise in the demand for paints and coatings. Asia Pacific accounts for a major share of the global pigments market, due to increase in the demand for paints and coatings in the region. Read Report Overview @ https://www.transparencymarketresearch.com/pigments-market.html Increase in consumption of paints and coatings to drive market Paints and coatings are used to decorate and protect objects that they cover. Paints and coatings are employed in various end-user industries such as aerospace, automotive, architectural & refinishing, and building & construction. Pigments used in paints and coatings offer...

Featuring the presence of a large number of players, the global pigments market exhibits a highly competitive landscape. Due to its fragmented backdrop, no player in the market reports a high profit margin, Transparency Market Research finds in a new report. The top three players in the market, which include Altana AG, DIC Corporation, and BASF SE, together to hold a share of 30% in the market, TMR’s analysis shows. Among the key participants, Altana AG has a strong global presence thanks to its operations across 100 countries. The company accounts for the dominant share of 11.2% in the global market. Download the Exclusive Report Sample Here : http://bit.ly/2jvqA5r Owing to the presence of an integrated value chain, intense rivalry prevails among the leading participants in the global pigments market. As per TMR’s research, there is a very little scope for this degree of competition to weaken during the forecast period between 2015 and 2023. Prospects in Asia Pacific Seem Lu...