A comprehensive industry overview and market perspective are included in the latest study from MarkNtel Advisors titledGlobal Plastic Pigments Market. The research provides a detailed overview of the current market state, including market trends and the most recent advancements made globally. In-depth analysis of market size, share, industry trends, forecast, and competitive environment is covered in the report that presents clear picture of the market with relevant statistical data.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
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Global Plastic Pigments Market Insights:
The Global Plastic Pigments Market is projected to grow at a CAGR of around 6.9% during the forecast period, i.e., 2023-28
Global Plastic Pigments Market Driver:
Expansion of Automotive Industry to Augment the Market Growth: Facility management services play a vital role in optimizing the utilization of space and energy resources, thereby reducing operating costs and enhancing sustainability. With the mounting construction activities in Saudi Arabia, the demand for efficient space and energy management solutions is on the rise. Facility management services enable organizations to manage their space requirements effectively, utilizing available space optimally while ensuring employee comfort and safety.
Further, the adoption of sustainable practices for energy conservation and resource utilization is also driving the market in Saudi Arabia. By reducing energy consumption and carbon footprint, these services help organizations achieve their sustainability goals while improving their operational efficiency. Therefore, energy and space management are key factors propelling the industry in Saudi Arabia.
Global Plastic Pigments Market Leading Key Players:
Venator Materials Plc, BASF, DIC Corporation, LANXESS, Ferro Corporation, Cabot Corporation, Clariant, Chemours, Kronos Worldwide Inc., Heubach GmbH, Tronox, Others
Global Plastic Pigments Market Segmentation:
Based on Type
— Phthalocyanine Pigmentss
— High-Performance Pigmentss
— Titanium Dioxide
— Iron Oxide Pigmentss
— Chromium Oxide
— Carbon Black
— Cadmium Pigmentss
Based on End User
— Food & Beverage Packaging
— Consumer Goods Packaging
— Healthcare & Pharmaceutical Packaging
– Building & Construction
– Consumer Goods
– Others (Healthcare, Textiles, Electronics, etc.)
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Global Plastic Pigments Market Geographical Analysis
– North America
– South America
– The Middle East & Africa
Recent Development of Global Plastic Pigments Market:
2022: Green Dot Bioplastic expanded its Terratek BD line with 9 types of compostable resins, to be used in plastic material. The expanded offering is in line with the company’s intent to achieve quicker biodegradability rates in ambient conditions while meeting the growing sustainability demands of brand owners & consumers.
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