Arylamide Pigments Market Size & Share, by Type (Yellow, Orange, Red); End-use (Paper Industry, Printing Inks, Paints & Coatings, Textiles, Plastic) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5941
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Arylamide Pigments Market size is anticipated to reach USD 29 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of arylamide pigments was USD 13 Billion. Since this category of pigments offers a wide variety of hues and tints, it is anticipated that its sales will increase due to the growing need for pigments in a variety of end-use sectors, including paintings & coatings, inks, plastics, paper, pulp, etc. For instance, China and the United States are the world's two biggest producers of paper. China's paper production has surged to a high of 117 million metric tons in 2020, whereas the United States has seen a decline in paper production in recent decades.  Therefore, the growing production of paper is also accelerating the market growth. As a result, the need for a wider range of ink colors is increasing internationally, which is driving up the consumption of pigments, particularly those in the arylamide category. As a result, the textile industry is expanding, which is driving up demand for high-end clothing and increasing the need for pigments.

Arylamide pigments are witnessing a major trend in the industry because of their better performance attributes when compared to other pigment kinds. Producers are concentrating on creating sophisticated arylamide pigments with improved qualities and more potential applications. In order to obtain a competitive advantage in the arylamide pigments market, major businesses in the highly competitive field spend on research and development.


Arylamide Pigment Market
Get more information on this report: Request Free Sample PDF

Arylamide Pigments Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Consumption of Paints and Coatings - In the upcoming years, there will likely be an increase in demand for pigments due to the growing use of paints and coatings in infrastructure, buildings, and construction. Since these pigments are mostly employed in the color formulation of paints that can repel water, the arylamide category is also benefiting from the growing demand for paints that are water-repellent and used to preserve building surfaces. Due to the corrosion resistant pigments properties of Arylamide, demand for coatings that resist acid, solvent and corrosive agents has increased.
  • Increased Utilization of Greener Solutions - Arylamide pigments can benefit from ongoing research & development efforts in the form of technological breakthroughs that enhance their qualities and expand their range of applications. Utilizing different polyurethane solutions that offer significantly better sustainability in the automotive, construction, and industrial sectors, which is accelerating innovations for the green trip. They assist architects in improving the insulation of buildings, which lowers the amount of gas, oil, and electricity required to heat and cool them. Thus, as they don't include any hazardous materials or heavy metals, arylamide pigments provide a sustainable substitute. Manufacturers can take advantage of this by marketing arylamide pigments as environmentally beneficial. 
  • Increasing Demand for Smart Technology and Miniaturization in Power Electronics - Facilitating smart technology and power electronics miniaturization, particularly appropriate for semiconductor and IGBP (insulated-gate bipolar transistor) produced housings. One major factor is the increasing use of hybrid electric cars (HEVs) and electric vehicles (EVs). In 2023, over 2.3 million electric vehicles were sold, around 25% higher than during the same time previous year. IGBTs are essential parts of electric and hybrid cars' power electronics, helping with motor control and effective energy conversion. The IGBT industry is expanding as a result of consumer electronics such as air conditioners, refrigerators, and household appliances needing sophisticated power electronics. As consumers look for smart homes and energy-efficient solutions, IGBTs are essential for improving the functionality and efficiency of electronics. Therefore, this factor is accelerating the growth of arylamide pigments market.

Challenges

  • Fluctuating Prices of Raw Materials - The cost of the raw materials needed to make arylamide pigments can change at any time. Manufacturers have difficulties because fluctuating raw material prices have an impact on their profit margins. The market for arylamide pigments is being restrained by this challenge.
  • Strict Environmental Regulations May Hinder the Growth of the Market
  • Growing use of Alternatives may act as a Restraining Factor for the Market

Arylamide Pigments Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~ 6%

Base Year Market Size (2023)

 ~ USD 13 Billion

Forecast Year Market Size (2036)

 ~ USD 29 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Arylamide Pigments Segmentation

Type (Yellow, Orange, Red)

Yellow segment in the arylamide pigments market is expected to hold a share of 47% during the forecast period. Arylide yellow is a series of chemical compounds used as pigments that are also referred to as Hansa yellow and monoazo yellow. Their main application is as industrial colorants in plastics, inks, and building paints. Watercolors, acrylics, and oil paintings are also utilized artistically with them. These pigments, which come in hues ranging from orange-yellow to yellow-green, are often semi-transparent. Arylamide Yellow is used in watercolors, acrylics, and creative oils. These pigments come in orange-yellow to yellow-green hues and are typically transparent. Dioxalidide pigments are related to organic pigments. In general, the market's harmful cadmium yellow has been somewhat replaced by these pigments.

End-use (Paper Industry, Printing Inks, Paints & Coatings, Textiles, Plastic)

Paints & Coatings segment in the arylamide pigments market is expected to hold a share of 36% during the forecast period. In the next years, it is anticipated that the need for pigments will rise due to the expanding use of paints and coatings in infrastructure, building construction, and building maintenance. The construction industry is the primary driver of the segment’s expansion, with demand growth also being driven by the automotive, general industrial, coil, wood, aerospace, railing, and packaging coatings segments. For instance, in 2022, the global automotive OEM coatings sector was estimated to be worth USD 16.9 billion. Therefore, the expansion of these industries also propels the growth of the segment. Furthermore, arylamide pigments are in higher demand due to their corrosion resistance, which is a result of the increased need for coatings that are resistant to acid, solvent, and corrosion in a variety of manufacturing industries. The increasing number of high-rise buildings being constructed around the world is helping to boost paint sales because these buildings need a lot of paint.

Our in-depth analysis of the global market includes the following segments:

     Type

  • Yellow
  • Red
  • Orange

     End-use

  • Paper Industry
  • Printing Inks
  • Paints & Coatings
  • Textiles
  • Plastic

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Arylamide Pigments Industry - Regional Synopsis

North American Market Forecast

North American arylamide pigments market is poised to hold the largest share of 35% during the forecast period. The use of arylamide pigment types has increased as a result of the notable expansion of the paint and coatings industry in the United States and Canada. This is because both countries highly invest in building construction, especially in high-rise buildings and structures, and since paints and coatings are used in the building and construction sector as well as in numerous businesses. For instance, in 2022, the United States installed new constructions valued at over 1.8 trillion dollars. Since arylamide pigments are used to color clothing, the significantly expanding textile industries in the USA and Canada are also driving up demand for these pigments. The market in these nations is also being helped by robust expansion in the paper and plastic industries as well as rising ink demand.

APAC Market Statistics

Arylamide Pigments Market in Asia Pacific is projected to hold a share of 28% by the end of 2036. It is expected that the demand of acrylamide pigments would increase due to the significantly rising end-use industries in numerous countries in the Asia Pacific region. Due to the expanding paint, paper, ink, and textile sectors, China, India, and ASEAN are predicted to have significant expansion in the market. The Asia Pacific region is anticipated to hold a substantial portion of the market for Arylamide Pigments due to the existence of numerous end-user industries. Furthermore, the region is anticipated to continue serving as a major global supplier of pigment due to the existence of a sizable number of producers.

Research Nester
Arylamide Pigment Market size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Arylamide Pigments Landscape

top-features-companies
    • KAPCI Coating
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • FENZI S.p.A
    • BASF SE
    • CHROMA AUSTRALIA PTY. LTD.
    • Hoechst AG
    • Hangzhou Han-Color Chemical Co. Ltd.
    • SpecialChem
    • Anupam Colours & Chemical Industries
    • Skychem Corporation Limited
    • Sudarshan Chemical Industries Limited

In the News

  • Elegant 555 and Elegant 545, two new ornamental products from Kapci Coatings, were introduced. On June 2, 2022, a vibrant event was staged in Sharqia for the launch. Sharqi is regarded as one of Egypt's most significant marketplaces. There were fifty wood painters, 150 ornamental painters, and 200 technicians present. The program had two seminars: one for the ornamental category discussed how to represent the benefits of utilizing the product and its characteristics, while the second seminar was specifically targeted at wood painters. Its quick-drying formulation, which was created as part of Kapci's Earth Friendly initiative—a multi-year strategy effort intended to steer the decorative paints market toward employing more water-based product lines—is the product's primary innovation.
  • The unique line of water-based, environmentally friendly paints for hollow glass, AquaglassXpack, is introduced by Fenzi. A new line of organic, water-based paints intended for glass packaging has been added to the Fenzi paint range, which was initially created for the hollow glass sector. ideal for creating surfaces with exceptionally high resistance that are colored transparent, opaque, or metallic based on industry tests and client requirements.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5941
  • Published Date: Apr 02, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Growing consumption of paints & coatings, increased utilization of greener solutions, and rising demand for smart technology and miniaturization in power electronics are the major factors driving the growth of the arylamide pigments market.

The market size of arylamide pigments is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2024-2036.

The major players in the market are KAPCI Coating, FENZI S.p.A, BASF SE, CHROMA AUSTRALIA PTY. LTD., Hoechst AG, Hangzhou Han-Color Chemical Co. Ltd., SpecialChem, Anupam Colours & Chemical Industries, Skychem Corporation Limited, Sudarshan Chemical Industries Limited, and others.

The yellow segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Arylamide Pigments Market Report Scope
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying