Global Pigment Dispersions Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at CAGR of 5.3% during forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
To know about the Research Methodology:-Request Free Sample Report Increasing need for wood finish paints resulted in an upsurge in demand for paints and coatings, together with booming construction industries drives the growth of the global pigment dispersions market. However, the implementation of strict government regulations on the use of toxic organic chemicals used in the production of pigment dispersions has restricted the fruitful development of the market. Mergers and acquisitions among the manufacturers and suppliers of automotive coupled with increasing automobile production are factors anticipated to fuel the growth of the global pigment dispersions market shortly.
Global Pigment Analysis:
Dispersions
Market
Segment
Based on the application segment, the paints & coatings application is estimated to hold the largest market share during the forecast period. Decorative coating is the largest and fastest-growing consumer of pigment dispersions in the paints & coatings application segment. The demand for decorative coatings is estimated to increase shortly, because of the increasing demand for paints & coatings in residential, commercial, and industrial