The Global Pigment Dispersants Market size was valued at US$ 42.3 billion in 2021 and is anticipated to grow at US$ 54.6 billion by 2026 and increase at a CAGR of 5.3% between 2021 and 2026.
The paints and coatings sector is a vital component of civilization. Pigments are one of the most significant components in the paint and coatings business. Dispersing agents, also known as pigment dispersants, distribute and stabilize pigments in the formulation.
Pigment dispersants serve various purposes, including maintaining color strength, maintaining stable viscosity, maintaining gloss, preventing particle sedimentation, improving the stability of dispersed particles, and delivering the optimal pigment particle size. In addition, pigment dispersants are supposed to act in tandem with the formulation's other essential components. VOC concentrations in pigment dispersants for solvent-based systems are high (Volatile Organic Compound). However, with advancements in technology, specific pigment dispersants can now minimize VOC content while simultaneously improving rheology and viscosity and providing thermal stability.
Manufacturers of pigment dispersants have responded to these policies by developing VOC-compliant pigment dispersants for water-based, high-solids-based, and 100% solids-based systems. These features assist pigment dispersants in these systems while creating a constraint for pigment dispersants in solvent-based systems.
Investments in R&D and innovation drive the market, and many businesses, such as Palsgaard A/S, have commercialized their unique vegetable-based pigment dispersants to ensure optimal pigment and other additive distribution. Monomeric pigment dispersants, Polymeric pigment dispersants [Homopolymers & Copolymers], and Polymeric pigment dispersants [Homopolymers & Copolymers] are used in the dispersion process. Polymeric pigment dispersants are often employed to improve the pigment's stability. This polymeric solution aids in the development of higher concentration and density levels in end-user paints and coatings. Compared to monomeric pigment dispersants, these polymeric dispersants provide improved dispersion outcomes for organic and inorganic pigments. Over the projection period, product demand is expected to be driven by growth in the packaging industry. In the single-serve food packaging segment, the most popular polymers are polyethylene terephthalate (PET), polypropylene (PP), and polystyrene (PS). In addition, product demand is predicted to be driven by the increased usage of plastic, paper & paperboard materials, and various colorants to create appealing packaging. Because of its non-toxic content, chemical stability, and diverse qualities for usage in plastic and paper & paperboard food packaging, titanium dioxide is the most extensively used inorganic pigment.
Zinc oxide is a pigment that is manufactured synthetically and is thought to be less hazardous to people. Therefore, these applications further lift the global pigment dispersants market during the forecast period.
Environmental policies have a significant impact on the paints and coatings business. For example, policies like the European Commission's "Deco paint Directive" have impacted solvent-based systems because of their high VOC content. On the other hand, organic products are more expensive, and the number of products with excellent characteristics is restricted.
On 15th October 2019 – Dispex Ultra PX 4290, a new high molecular weight dispersion agent from BASF, has exceptional pigment stabilization, excellent color strength, and stunning viscosity reduction properties. Higher pigment loadings are possible with Dispex Ultra PX 4290 while preserving excellent flow characteristics. Improved gloss, anti-flooding behavior, and good flocculation stability are vital highlights.
Clariant decides to increase the bar for sustainable coatings solutions with upcoming additives, pigments, and dispersants. Clariant further added that it is rising to the challenge and providing the industry with a broad portfolio of more sustainable additives and coatings solutions as they step into the new decade. The environment will be a greater emphasis for businesses and consumers worldwide.
Market Size Available
2020 – 2025
2021 - 2026
By Product, Type, Consumption, Distribution Channel and Region
Various Analyses Covered
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities
North America, Europe, APAC, Latin America, Middle East & Africa
Market Leaders Profiled
Clariant, BASF, DIC Corporation, Sudarshan Chemical, Chromaflo, Cabot Corporation, Heubach GmbH, Penn Color, Pidilite, Sherwin-Williams
By Pigment type
The pigment is frequently made up of several different materials with varying chemical ratios, resulting in organic or inorganic pigment dispersants. Inorganic pigment dispersants have been in higher demand on the market till now. Because of their endurance and outstanding tint quality, inorganic pigment dispersants are now again in high order. In addition, the titanium oxide content of these inorganic pigment dispersants is high. Regardless of potential adverse effects, these inorganic pigment dispersants have higher brightness and are longer-lasting, making them the most popular on the market. It is often lighter than organic pigment dispersion; nonetheless, inorganic goods are chosen for more great endurance applications. In addition, organic materials, unlike artificial items, may fade over time if exposed to sunshine.
Furthermore, inorganic pigment dispersion is less expensive than organic pigment dispersion and has better dispersion capabilities on many substrates due to its smaller particle size than organic pigment dispersion. Inorganic pigment dispersion commonly includes titanium dioxide and iron oxide. Organic pigments are transparent due to their large particle size and are made of carbon chains and rings. Organic colors include azo, phthalocyanine, lake, and quinacridone pigments, among others. Organic pigments have a far higher color strength than inorganic pigments; yet, the organic product segment's expansion is stifled by expensive pricing and limited dispersion capabilities. Printing inks, paints and coatings, rubber, and plastics all use organic pigments.
By Dispersion type:
Based on dispersion type, paints & coatings tends to hold a significant market share in the upcoming years. Over the projected period, the rising building and construction sector, owing to infrastructure expansion in several nations such as the United States, China, India, and Saudi Arabia, is likely to drive product demand. On the other hand, plastics are expected to hold the highest CAGR in the global pigment dispersants market. Over the projected period, rising plastic usage in different end-use industries such as construction, automotive, medical devices, and electrical and electronics is likely to fuel demand for pigment dispersion. For example, plastics are utilized in flooring, high-performance safety windows, insulation materials, storage tanks, roofing, pipelines, domes/skylights, cables, and doors in the building industry. Such a changing market offers moderate room for expansion.
By End User:
Pigment dispersants are used in various applications, including automotive coatings, industrial coatings, printing, and packaging. The printing and packaging business accounts for a significant portion of the market.
Colors with high-density gloss or mattified effects in paper, plastic, and garment printing are highly demanded. The printing and packaging area has experienced rapid expansion due to the food and beverage industry's desire for high-quality color packaging. Along with printing and packaging, the global market for automotive coatings is growing due to increased demand for protection and ornamental purposes.
Global Pigment Dispersants Market Regional Analysis:
The Global Pigment Dispersants Market Report includes the segmentation of Regions:
The Asia Pacific region dominated the global pigment dispersants market, accounting for more than 37% of worldwide sales. The high percentage was ascribed to the region's easy access to raw materials and low-cost labor, which drew firms from various industries to set up manufacturing facilities. Over the projected period, the coatings application segment is expected to account for the largest market in South Korea. Growing infrastructure operations and more lavish government spending on public infrastructure development are expected to propel the country's market forward.
In terms of volume and revenue, Germany had the largest share of the European market. Growing industrial facilities and favorable macroeconomic conditions in several European countries are likely to drive market expansion. Furthermore, due to rigorous environmental restrictions, the developing trend of green technology is expected to boost the development of organic pigment dispersion in the region.
The growing number of Quick-Serve Restaurants (QSRs) that use pigment dispersion in food packaging and printing ink applications is driving product demand in the United States. However, because many inorganic pigments become poisonous when they come into touch with food products, the US government has tight requirements for the type of pigment dispersions that can be used in food packaging.
Middle East & Africa
Impact of COVID-19 on Pigment Dispersants Market:
During the early stage of 2020, COVID-19 has been in contact with most of the people and has been spread to several people, due to which, the government has taken a sudden decision of imposing lockdown. Moreover, the pigment dispersants never experienced a significant loss in sales since most of the population deviates from their decision to purchase a new house for which the dispersants act as a considerable part. As a result, the market can have a positive impact during a pandemic.
Global Pigment Dispersants Market Key Players:
The companies covered in the report include:
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Pigment Dispersants Market, By Pigment type
6.1.3 Market Size Estimations & Forecasts (2021-2026)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Pigment Dispersants Market, By Dispersion type
6.2.1 Paints & Coatings
6.2.4 Market Size Estimations & Forecasts (2021-2026)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Pigment Dispersants Market, By End user
6.3.1 Building & Construction
6.3.3 Printing & Packaging
6.3.5 Market Size Estimations & Forecasts (2021-2026)
6.3.6 Y-o-Y Growth Rate Analysis
6.3.7 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Pigment Dispersants Market, by Region
7.2 North America - Market Analysis (2021 - 2026)
7.2.1 By Country
7.2.2 By Pigment type
7.2.3 By Dispersion type
7.2.4 By End user
7.3.1 By Country
220.127.116.11 Rest of Europe
7.3.2 By Pigment type
7.3.3 By Dispersion type
7.3.4 By End user
7.4 Asia Pacific
7.4.1 By Country
18.104.22.168 South Korea
22.214.171.124 South East Asia
126.96.36.199 Australia & NZ
188.8.131.52 Rest of Asia-Pacific
7.4.2 By Pigment type
7.4.3 By Dispersion type
7.4.4 By End user
7.5 Latin America
7.5.1 By Country
184.108.40.206 Rest of Latin America
7.5.2 By Pigment type
7.5.3 By Dispersion type
7.5.4 By End user
7.6 Middle East and Africa
7.6.1 By Country
220.127.116.11 Middle East
7.6.2 By Pigment type
7.6.3 By Dispersion type
7.6.4 By End user
8. Key Player Analysis
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.3 DIC Corporation
8.4 Sudarshan Chemical
8.6 Cabot Corporation
8.7 Heubach GmbH
8.8 Penn Color
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Global Pigment Dispersants Market By Region, From 2021-2026 ( USD Billion )
Global Pigment Dispersants Market By Pigment type, From 2021-2026 ( USD Billion )
Global Organic Market By Region, From 2021-2026 ( USD Billion )
Global Inorganic Market By Region, From 2021-2026 ( USD Billion )
Global Pigment Dispersants Market By Dispersion type , From 2021-2026 ( USD Billion )
Global Paints & Coatings Market By Region, From 2021-2026 ( USD Billion )
Global Inks Market By Region, From 2021-2026 ( USD Billion )
Global Plastics Market By Region, From 2021-2026 ( USD Billion )
Global Pigment Dispersants Market By End user , From 2021-2026 ( USD Billion )
Global Building & Construction Market By Region, From 2021-2026 ( USD Billion )
Global Automotive Market By Region, From 2021-2026 ( USD Billion )
Global Printing & Packaging Market By Region, From 2021-2026 ( USD Billion )
Global Others Market By Region, From 2021-2026 ( USD Billion )