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Follow on Google News | India Pigments Market Outlook to 2022: Ken ResearchBy: Ken Research.com 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. Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 End
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