Pigment Blue 15:4 Market was valued at USD 0.45 Billion in 2022 and is projected to reach USD 0.68 Billion by 2030, growing at a CAGR of 6.7% from 2024 to 2030.
The Pigment Blue 15:4 market has witnessed notable fluctuations between 2018 and 2022, with several factors influencing demand, particularly in industries like automotive coatings, printing inks, and plastics. During this period, the market experienced steady growth, driven by the increased use of high-performance pigments in various applications. The pigment's ability to provide rich, vibrant blues made it particularly valuable in consumer goods and industrial products. However, the market was also challenged by factors such as volatile raw material prices, stringent environmental regulations, and competition from alternative pigments.
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In the years 2018 to 2022, the demand for Pigment Blue 15:4 was primarily driven by the booming automotive and construction sectors. As industries across the globe sought to enhance product quality and durability, the demand for high-performance pigments like PB 15:4 surged. Additionally, technological advancements in pigment manufacturing and increasing focus on sustainability boosted production capabilities. However, the market faced challenges such as regulatory pressures, specifically regarding the environmental impact of certain chemicals and their disposal methods.
The market is expected to experience a shift from 2023 to 2033. As the demand for eco-friendly and non-toxic products increases, manufacturers are under pressure to innovate and offer more sustainable pigment solutions. Regulatory frameworks continue to tighten, especially in regions like Europe and North America, where stricter environmental laws are encouraging companies to adopt greener alternatives. Furthermore, the expansion of the electric vehicle (EV) market and the growing demand for aesthetic coatings in interior design are anticipated to drive the need for Pigment Blue 15:4 in the coming decade.
As businesses evolve to meet these new requirements, the global Pigment Blue 15:4 market is likely to see substantial growth. Trends such as the push for sustainable pigments, the development of new formulations, and advancements in coating technologies are expected to shape the demand over the next 10 years. Countries in Asia-Pacific are anticipated to play a major role in the market, with strong manufacturing capabilities and growing infrastructure development fueling increased demand for high-performance pigments.
Get an In-Depth Research Analysis of the Global Pigment Blue 15:4 Market Size And Forecast [2025-2032]
AArbor Colorants Corporation
Colors (India)
Crownpigment Company
EPSILON
Ferro Corporation
HANGZHOU AIBAI CHEMICAL
HANGZHOU DURBUY TECHNOLOGY
HANGZHOU EMPEROR CHEMICAL
Hangzhou Geecolor Chemical
Ningbo Precise New Material Technology
Qualitron Chemicals
Sarita Chemicals
Trust Chem
Viana chemical
Winchem Industrial
Zeya Chemicals (Haimen)
ZJYibo Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Pigment Blue 15:4 Market
Ink
Paint
Coating
Plastic
Other
Based on Types the Market is categorized into Below types that held the largest Pigment Blue 15:4 market share In 2023.
Heat Resistance 250 (°C)
Heat Resistance 280 (°C)
Heat Resistance 300 (°C)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Pigment Blue 15:4 Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Pigment Blue 15:4 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pigment Blue 15:4 Market, By Type
6. Global Pigment Blue 15:4 Market, By Application
7. Global Pigment Blue 15:4 Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pigment Blue 15:4 Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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