Global Pigment Red 210 Market was valued at USD 0.02 Billion in 2022 and is projected to reach USD 0.03 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030.
The Pigment Red 210 market is experiencing significant growth, driven by its widespread applications across various industries. This vibrant red pigment, known for its excellent lightfastness and heat stability, is utilized in automotive plastics, paints and coatings, printing inks, and more. The automotive sector, in particular, leverages Pigment Red 210 for coloring plastic components, while the construction industry incorporates it into paints and coatings for buildings and infrastructure. Additionally, the rising consumer spending on personal care products, such as cosmetics and toiletries, is expected to contribute to market growth, as Pigment Red 210 is widely used as a colorant in these products.
Market projections indicate a steady upward trajectory. The market size was estimated at USD 10.75 billion in 2023 and is anticipated to reach USD 14.2 billion by 2032, reflecting a compound annual growth rate (CAGR) of 3.14% during the forecast period. This growth is attributed to the increasing demand for Pigment Red 210 in various applications, including automotive plastics, paints and coatings, plastics, and printing inks. The automotive industry, in particular, is a significant contributor to this demand, utilizing the pigment for coloring plastic components. The construction industry also plays a crucial role, employing Pigment Red 210 in paints and coatings for buildings and infrastructure. Furthermore, the rising consumer spending on personal care products, such as cosmetics and toiletries, is expected to contribute to market growth, as Pigment Red 210 is widely used as a colorant in these products.
Key players in the Pigment Red 210 market include Heubach, BASF, Sachtleben Chemie, RPM International, Kobo Products, Huntsman, Chromaflo Technologies, Sudarshan Chemical Industries, Flint Group, Kronos Worldwide, Tronox, Sensient Technologies, Lanxess, Clariant, and DIC Corporation. These companies are actively involved in the production and distribution of Pigment Red 210, catering to the diverse needs of various industries. Their ongoing research and development efforts aim to enhance the performance and applications of this pigment, ensuring its continued relevance in the market.
In terms of regional distribution, North America, Europe, and Asia Pacific are the primary markets for Pigment Red 210. North America holds a significant market share, driven by the robust automotive and construction industries in the United States and Canada. Europe follows closely, with countries like Germany and France contributing to the demand for this pigment. The Asia Pacific region is also witnessing substantial growth, particularly in China and India, where rapid industrialization and urbanization are fueling the need for Pigment Red 210 in various applications.
Looking ahead, the Pigment Red 210 market is poised for continued expansion. Factors such as technological advancements in manufacturing processes, increasing disposable income in emerging economies, and a growing preference for eco-friendly pigments are expected to drive market growth. Additionally, the rising demand from the automotive and construction sectors, coupled with the increasing consumer spending on personal care products, will further bolster the market's expansion. As industries continue to seek high-performance and sustainable colorants, Pigment Red 210 is well-positioned to meet these evolving demands, ensuring its prominent role in the global market.
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EPSILON
HANGZHOU AIBAI CHEMICAL
Hangzhou Star-up Pigment
Khushi Dyechem
KOHINOOR GROUP
MolColor
OSWAL UDHYOG
S D INTERNATIONAL
SY CHEMICAL
Vipul Organics Ltd.
Wenzhou Color Bloom New Materials
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 Red 210 Market
Ink
Paint
Coating
Plastic
Other
Based on Types the Market is categorized into Below types that held the largest Pigment Red 210 market share In 2023.
Heat Resistance 180 (°C)
Heat Resistance 200 (°C)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Global, 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 Red 210 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 Red 210 Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Pigment Red 210 Market, By Type
6. Global Pigment Red 210 Market, By Application
7. Global Pigment Red 210 Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Pigment Red 210 Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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