Azo Pigment Trends and Forecast
The future of the global azo pigment market looks promising with opportunities in the ink, plastic, rubber, textile fiber, paint & coating, food, and stationery markets. The global azo pigment market is expected to reach an estimated $5.8 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are increase in consumer demand for organic pigments, rising manufacturing of colored printing inks for industrial usage, and growth in infrastructural development.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Azo Pigment by Segment
The study includes a forecast for the global azo pigment by product, solubility, application, and region.
Azo Pigment Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Red
• Yellow
• Orange
Azo Pigment Market by Solubility [Shipment Analysis by Value from 2018 to 2030]:
• Oil Soluble
• Water Soluble
Azo Pigment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Inks
• Plastics
• Rubber
• Textile Fiber
• Paints & Coatings
• Food
• Stationery
• Others
Azo Pigment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Azo Pigment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies azo pigment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the azo pigment companies profiled in this report include-
• BASF
• Clariant
• Sudarshan Chemical Industries
• Pidilite Industries
• LANXESS
• Ferro
• DIC
• Sun Chemical
• Tah Kong Chemical Industrial
• Crown Color Technology
Azo Pigment Market Insights
Lucintel forecasts that yellow will remain the largest segment over the forecast period.
Within this market, paint & coating is expected to witness the highest growth over the forecast period.
North America is expected to witness highest growth over the forecast period.
Features of the Global Azo Pigment Market
Market Size Estimates: Azo pigment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Azo pigment market size by product, solubility, application, and region in terms of value ($B).
Regional Analysis: Azo pigment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, solubilities, applications, and regions for the azo pigment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the azo pigment market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the azo pigment market size?
Answer: The global azo pigment market is expected to reach an estimated $5.8 billion by 2030.
Q2. What is the growth forecast for azo pigment market?
Answer: The global azo pigment market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the azo pigment market?
Answer: The major drivers for this market are increase in consumer demand for organic pigments, rising manufacturing of colored printing inks for industrial usage, and growth in infrastructural development.
Q4. What are the major segments for azo pigment market?
Answer: The future of the azo pigment market looks promising with opportunities in the ink, plastic, rubber, textile fiber, paint & coating, food, and stationery markets.
Q5. Who are the key azo pigment market companies?
Answer: Some of the key azo pigment companies are as follows:
• BASF
• Clariant
• Sudarshan Chemical Industries
• Pidilite Industries
• LANXESS
• Ferro
• DIC
• Sun Chemical
• Tah Kong Chemical Industrial
• Crown Color Technology
Q6. Which azo pigment market segment will be the largest in future?
Answer: Lucintel forecasts that yellow will remain the largest segment over the forecast period.
Q7. In azo pigment market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the azo pigment market by product (red, yellow, and orange), solubility (oil soluble and water soluble), application (inks, plastics, rubber, textile fiber, paints & coatings, food, stationery, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Azo Pigment Market, Azo Pigment Market Size, Azo Pigment Market Growth, Azo Pigment Market Analysis, Azo Pigment Market Report, Azo Pigment Market Share, Azo Pigment Market Trends, Azo Pigment Market Forecast, Azo Pigment Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.