Pigments Market Charting Growth Trajectories Share and Outlook
According to TechSci Research report, “ Global Plastic Pigments Market By Type, By End-Use Industry, By Region, Competition, Forecast & Opportunities, 2024 ”, the global plastic pigments market is forecast to reach $ 15.09 billion by 2024 , on account of the growing significance of aesthetics in packaging, huge demand for high-performance pigments and industrialization in emerging economies. However, volatility in raw material prices as well as environmental regulations hinder the growth of the plastic pigments market. A pigment is a material that changes the color of reflected or transmitted light as a result of wavelength-selective absorption. Pigments are used for coloring paints, inks, plastics, fabrics, cosmetics, food, and other materials. On the back of the growing packaging industry and rapid industrialization in Asia-Pacific, the region’s plastic pigments market is expected to register the highest growth during the forecast ...