North America Pigment Dispersion Market Size & Outlook
North America pigment dispersion market, 2018-2030 (US$M)
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North America pigment dispersion market highlights
- The North America pigment dispersion market generated a revenue of USD 6,459.4 million in 2023.
- The market is expected to grow at a CAGR of 4% from 2024 to 2030.
- In terms of segment, inorganic pigments was the largest revenue generating product in 2023.
- Inorganic Pigments is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 6,459.4 million |
| Market revenue in 2030 | USD 8,495.3 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Inorganic pigments |
| Fastest growing segment | Inorganic Pigments |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Inorganic Pigments, Organic Pigments |
| Key market players worldwide | AAON Inc, Basf SE, Clariant AG, Dainichiseika Color & Chemicals Mfg Co Ltd, FLINT Corp., DIC Corp, Solvay SA, Altana AI, Heidelberger Druckmaschinen AG, Avient Corp |
Other key industry trends
- In terms of revenue, North America region accounted for 25.0% of the global pigment dispersion market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 13,685.1 million by 2030.
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Pigment Dispersion Market Scope
Pigment Dispersion Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America pigment dispersion market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pigment dispersion market will help companies and investors design strategic landscapes.
Inorganic pigments was the largest segment with a revenue share of 57.94% in 2023. Horizon Databook has segmented the North America pigment dispersion market based on inorganic pigments, organic pigments covering the revenue growth of each sub-segment from 2018 to 2030.
The coatings industry in North America is experiencing an increasing trend of high demand for pigment dispersions. This is driven by factors such as a growing population and higher per capita income fueling the demand for paints and coatings in the construction and consumer sectors. In May 2020, Clariant proactively addressed the rising demand for pigment dispersion in North America by introducing a variety of novel additives, dispersants, and pigments.
These products were created to align with the emerging trend of more environmentally friendly coating solutions in response to high market demand. Manufacturers and researchers are developing innovative and sustainable products to cater to this demand.
For instance, Brenntag North America, Inc., a distributor of specialty chemicals, recently launched its range of pigment dispersion products. This range has been specially designed to cater to the needs of the coatings industry and is set to improve the pigment dispersion process.
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Our clientele includes a mix of pigment dispersion market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America pigment dispersion market , including forecasts for subscribers. This continent databook contains high-level insights into North America pigment dispersion market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America pigment dispersion market size, by country, 2018-2030 (US$M)
North America Pigment Dispersion Market Outlook Share, 2023 & 2030 (US$M)
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