Pigment Dispersion Market Size Worth $29.5 Billion By 2027 | CAGR: 3.9%: Grand View Research, Inc.

Pigment Dispersion Market Size Worth $29.5 Billion By 2027 | CAGR: 3.9%: Grand View Research, Inc.

PR Newswire

SAN FRANCISCO, Nov. 17, 2020

SAN FRANCISCO, Nov. 17, 2020 /PRNewswire/ -- The global pigment dispersion market size is anticipated to reach USD 29.5 billion by 2027, according to a new report by Grand View Research, Inc., registering a CAGR of 3.9% from 2020 to 2027. Growing demand for colored packaging material, which plays an important role in product presentation along with influencing the buying behavior of consumers at the point of sales. As a result, the demand for pigments in packaging is projected to increase over the forecast period. Pigment dispersions and dyes are used in printing inks for printing texts, images, and designs on clothes, packaging labels, etc.

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Key suggestions from the report:

Read 246 page research report with ToC on "Pigment Dispersion Market Size, Share & Trends Analysis Report By Product (Organic, Inorganic), By Application (Plastics, Inks, Coatings), By Region (Europe, North America, Asia Pacific), And Segment Forecasts, 2020 – 2027" at: https://www.grandviewresearch.com/industry-analysis/pigment-dispersion-market

Recent developments in digital printing including creasing, digital carton cutting, and other completion technologies are contributing to the increased potential for pigment dispersion in printing applications. Digital printing is used in various packaging solutions, such as corrugated & flexible packaging and folding car kilotons, which are experiencing growth trends and are anticipated to eventually drive product demand over the forecast period. Various paper, plastic, and paperboard materials are used based on their applications in food packaging. Foods, such as breakfast cereals, require multi-layer packaging to keep the product crisp throughout its shelf life.

The exposure of food items to oxygen leads to oxidation and, in turn, results in food spoilage. Polyethylene is combined with paperboard, which acts as a barrier to oxygen and prevents the oxidation of food products. In addition, the attractive appearance of packaging while maintaining the freshness of food items is another challenge for food manufacturers. Thus, pigments that suit a wide array of plastic and paperboard materials as well as impart an attractive color are likely to have high demand.

Grand View Research has segmented the global pigment dispersion market on the basis of product, application, and region:

List of Key Players of Pigment Dispersion Market

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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