Pigment Red 170 Market size was valued at USD 0.45 Billion in 2022 and is projected to reach USD 0.67 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
Pigment Red 170 is a highly popular organic pigment known for its vibrant red hue and is used extensively across multiple industries. Its market is primarily segmented by application into five key categories: Paint, Plastic, Ink, Coating, and Other. The versatile characteristics of Pigment Red 170 make it suitable for various industrial uses, ranging from automotive coatings to consumer goods packaging. The application of Pigment Red 170 in these sectors is driven by its durability, excellent color strength, and non-toxic properties, which make it an ideal choice for a variety of consumer products. The demand for Pigment Red 170 is expanding globally due to the growing need for high-quality pigments in industrial applications, such as in paints, inks, and coatings. As the market progresses, manufacturers are increasingly looking for eco-friendly alternatives and formulations that meet regulatory standards, driving innovation and further market growth.
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Pigment Red 170 is widely used in the paint industry due to its exceptional color properties, including bright, deep red tones and excellent opacity. The pigment is frequently utilized in both decorative and industrial paints, providing a vibrant finish that can endure under challenging environmental conditions. In architectural paints, the color durability and weather resistance offered by Pigment Red 170 are particularly valuable, making it a preferred choice for both interior and exterior applications. Additionally, the increasing consumer preference for aesthetic quality, along with growing urbanization and infrastructure development, has been a key driver for the demand for high-performance pigments like Pigment Red 170. The paint market also witnesses growth in the automotive sector, where durable and long-lasting coatings are essential for maintaining color vibrancy and performance under extreme weather conditions. In industrial and automotive paints, Pigment Red 170 is valued for its compatibility with other components in paint formulations, ensuring uniform mixing and optimal application. The pigment’s excellent heat and lightfastness further contribute to its widespread use in high-end automotive coatings, where long-lasting color retention is critical. The increasing demand for environmentally friendly paints is also pushing for sustainable and non-toxic pigments, and Pigment Red 170 fits the bill, making it a popular option among manufacturers seeking to meet environmental regulations. As the global construction and automotive industries expand, the use of Pigment Red 170 in paints is expected to continue its upward trajectory, supported by its performance and eco-friendliness.
Pigment Red 170 is extensively used in the plastic industry, where it is incorporated into plastic products to provide vibrant and stable red hues. The pigment’s ability to withstand high temperatures during the manufacturing process makes it suitable for a wide range of plastic applications, including in packaging, consumer goods, and automotive parts. In the plastic market, the focus is on achieving not only aesthetic appeal but also durability, with Pigment Red 170 delivering both qualities. The pigment’s excellent dispersion properties ensure that the desired color strength is consistently achieved across various types of plastics, whether for injection molding, blow molding, or extrusion. As the demand for colored plastic products continues to rise, Pigment Red 170 remains a favored choice due to its stability, non-toxicity, and high performance under demanding conditions. Furthermore, with rising concerns about the environmental impact of plastics, the push towards sustainable materials has created new opportunities for eco-friendly pigments like Pigment Red 170. The growing consumer awareness of sustainable products and regulatory pressures are leading manufacturers to shift towards greener alternatives. As the demand for recyclable plastics and environmentally conscious production processes increases, the use of Pigment Red 170, which is compliant with global safety standards, is expected to grow. The versatility of this pigment across various plastic applications, from packaging materials to consumer electronics, positions it as a crucial player in the ongoing development of the global plastic industry.
The use of Pigment Red 170 in the ink industry is driven by its strong color payoff, high opacity, and excellent resistance to fading. The pigment is commonly used in various types of printing inks, including flexographic, offset, and gravure inks, for both commercial and industrial printing applications. In the printing sector, where vibrant colors and quick-drying capabilities are essential, Pigment Red 170’s performance makes it an ideal choice. It is often used in the production of inks for packaging, labels, and printed advertisements. The ink market benefits from Pigment Red 170’s ability to retain its color integrity over time, even under exposure to light, heat, and other environmental factors. Additionally, the demand for high-quality printed materials, coupled with advancements in digital and offset printing technologies, is expected to continue driving growth in the use of Pigment Red 170. The ink industry has been undergoing significant transformation with increasing demands for high-performance, eco-friendly products. As a result, there is a growing trend toward using pigments that meet stringent environmental regulations, which has bolstered the use of Pigment Red 170 in the formulation of inks. This pigment is also sought after due to its non-toxic nature and its ability to comply with global safety standards for consumer and commercial products. Furthermore, the increasing popularity of e-commerce, coupled with the growing demand for high-quality printed packaging, is fueling the expansion of the ink market. The continued innovations in printing technology and the need for vibrant, durable colors will likely continue to drive the adoption of Pigment Red 170 in the ink industry.
Pigment Red 170 plays a crucial role in the coating industry, where it is used in a variety of applications including protective coatings, industrial coatings, and decorative finishes. In coatings, the pigment is valued for its ability to impart strong, bright colors that are both weather-resistant and long-lasting. The automotive and aerospace sectors, in particular, rely on Pigment Red 170 for high-performance coatings that need to withstand exposure to extreme environmental conditions, including UV light, humidity, and temperature fluctuations. The pigment is also used in industrial coatings that require durability and resistance to chemical corrosion. As the demand for high-quality protective coatings continues to rise, especially in industries that require stringent specifications for color retention and durability, the use of Pigment Red 170 in coatings is likely to see sustained growth. Coatings manufacturers are increasingly prioritizing eco-friendly and sustainable formulations, which has led to the rising adoption of Pigment Red 170. With its non-toxic and stable properties, Pigment Red 170 meets the regulatory standards for coatings, making it an ideal choice for manufacturers who are working to reduce the environmental impact of their products. The growth of the construction, automotive, and industrial sectors is expected to further propel the demand for Pigment Red 170 in coating applications, driven by its reliability and color performance in demanding environments. Additionally, innovations in coating technologies, which focus on improving the efficiency and longevity of coatings, will continue to enhance the growth prospects for Pigment Red 170 in this segment.
In addition to its primary applications in paints, plastics, inks, and coatings, Pigment Red 170 is also used in a variety of other sectors, including textiles, leather, and cosmetics. The pigment’s versatility allows it to be incorporated into a wide range of products, from fabric dyes to colored cosmetics. In textiles, Pigment Red 170 is highly valued for its ability to produce vivid, long-lasting colors in both synthetic and natural fibers. The cosmetics industry also makes use of Pigment Red 170 in products such as lipsticks, blushes, and eye shadows, where its color intensity and skin compatibility are essential. Furthermore, the use of Pigment Red 170 in leather applications, especially in the production of high-end luxury goods, is growing, as it provides rich color tones that are resistant to fading over time. The increasing demand for high-quality, non-toxic pigments in these industries has spurred innovation and expanded the use of Pigment Red 170 beyond its traditional markets. As consumers continue to prioritize safety and sustainability in their purchases, manufacturers are increasingly turning to Pigment Red 170 as a reliable, eco-friendly option. The expansion of its use in these diverse industries offers significant growth opportunities for the Pigment Red 170 market. The ability of this pigment to adapt to new markets and applications will be crucial in sustaining its demand and supporting the overall growth of the market.
One of the key trends in the Pigment Red 170 market is the growing emphasis on eco-friendly and sustainable pigment solutions. As environmental regulations become stricter, industries are increasingly seeking non-toxic, low-emission pigments that meet global safety standards. This trend has spurred innovation in the development of more sustainable versions of Pigment Red 170, which are gaining traction in markets such as paints, coatings, and plastics. Another important trend is the increasing demand for high-performance pigments that offer greater durability, better color retention, and improved resistance to environmental factors like UV rays and temperature fluctuations. As industries such as automotive, construction, and consumer goods continue to expand, the demand for such advanced pigments is expected to increase. Furthermore, there is a growing shift towards digital and high-tech printing processes, which is driving demand for high-quality pigments like Pigment Red 170. As the packaging and labeling sectors continue to grow, the need for vibrant, durable colors is creating new opportunities for Pigment Red 170 in the ink market. With technological advancements in printing, the application of Pigment Red 170 in these fields is expected to witness significant growth, especially with the increasing popularity of e-commerce and custom printing solutions.
The growing demand for sustainable and eco-friendly products presents a significant opportunity for the Pigment Red 170 market. With increasing regulatory pressure on industries to reduce their environmental footprint,
Top Pigment Red 170 Market Companies
AArbor Colorants Corporation
Aceto
Crownpigment
DAYANG CHEM (HANGZHOU)
Fineland Chem
HANGZHOU AIBAI CHEMICAL
Hangzhou Epsilon Chemical
Hangzhou Geecolor Chemical
Jyoti Industries
Khushi Dye Chem
MEIDAN PIGMENT
Nantong Zhengyan New Materials Technology
Oswal Udhyog Group
Prasad International
Precise Group
SD International
Shandong Yuhong New Pigment
Trust Chem
Wenzhou Color Bloom New materials
Zeya Chemicals (Haimen)
Regional Analysis of Pigment Red 170 Market
North America (United States, Canada, and Mexico, etc.)
Asia-Pacific (China, India, Japan, South Korea, and Australia, etc.)
Europe (Germany, United Kingdom, France, Italy, and Spain, etc.)
Latin America (Brazil, Argentina, and Colombia, etc.)
Middle East & Africa (Saudi Arabia, UAE, South Africa, and Egypt, etc.)
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Pigment Red 170 Market Insights Size And Forecast