Phthalocyanine Pigments Market by Products, Applications & Regional Growth by 2019-2025

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Phthalocyanine Pigments Market Growth Outlook
with Industry Review and Forecast 2019-2025
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Global Market Scenario of Phthalocyanine
Pigments Industry

• Based on application, phthalocyanine pigments
  market share is categorized into plastic, paints
  coatings, ink, rubber, textile, leather and
  other application, which mainly includes soap and
  detergents.
• Increasing demand from plastic, paints coating
  applications along with ink manufacturing will
  surge the product demand. Moreover, growing
  demand of textile and leather-based applications
  will swell the product market size in the near
  future.
• Based on classification, phthalocyanine pigments
  are categorized into blue, green and other
  pigments.
• Blue phthalocyanine pigment offers exceptional
  properties, that includes light fastness, heat
  fastness, tinting strength and acid alkali
  resistance with no pigment migration. This
  pigment is widely used in various applications
  such as coatings, paints and ink manufacturing.
• Based on end-use sector, phthalocyanine pigments
  are categorized into construction, automotive
  aerospace, packaging, textile, equipment and
  others, which mainly includes marine.
• Growing demand from construction, automotive
  aerospace industry in addition to packaging
  applications will propel the product demand
  during the projected timeframe.

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• Regional Trends-
• Asia Pacific phthalocyanine pigments market size
  is anticipated to grow with a substantial CAGR
  owing to growth in infrastructural spending with
  respect to building construction activities to
  meet the requirements of mounting population in
  the region.
• Increasing quality of living and disposable
  income in emerging economies India, Indonesia and
  Malaysia are expected to drive the product market
  in the region. Moreover, countries in the region
  are expanding economically with increasing
  foreign investment in the region will surge the
  product market in the near future. Growing
  automotive aerospace industry owing to various
  government favoring policies such as Make in
  India will swell the product demand for various
  applications in the region.

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• Competitive Trends
• Major players in the phthalocyanine pigments
  market share are BASF SE, ECKART GmbH, CPS Color
  AG, Clariant International Ltd., Flint Group,
  Jagson Colorchem Ltd, Huntsman Corporation, Kiri
  Industries Ltd., Unilex Colours Chemicals Ltd,
  LANXESS AG, Sinocolor Chemical, Rockwood Holdings
  Inc, Sudarshan Chemicals and Vibfast Pigments
  Pvt. Ltd, etc.

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