Azo Pigments Market Size, 2020, Industry Share, Revenue, Application, Regional Analysis, Growth Drivers: Report by Global Market Insights

According to its solubility, the azo pigments market is classified into water soluble and oil soluble. Oil solubility involves a decent amount of pigments mixtures to acquire a strong coloring effects, specifically for its use in the paints & coatings and plastic industries. Previously, attaining deep colored shades in dyes was complex, due to its insolubility in solvents and hydrocarbons. However, recent innovations to increase the product solubility has made it possible to achieve solubility in solvents and hydrocarbons.

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Based on applications, the azo pigments market is categorized into plastics, inks, rubber, paints & coatings, food, textile fibers and few others. Product application in inks is expected to be the leading segment owing to the elevated demand created through printing ink businesses. Furthermore, the recent development and advancements in the ink industry is anticipated to propel the consumption for azo pigments in the anticipated timespan.  

The azo pigments market size will be augmented by the Asia-Pacific due to substantial growth in its economy and urbanization. Asia Pacific’s surging economic growth will offer lucrative trade opportunities for the product market size in the near future. Moreover, China is likely to be the key consumer for azo pigments due to the mounting building & construction activities, low cost labor and affluent raw material availability that is anticipated to swell the product demand in the region.

Company Profiles:

  1. Clariant International
  2. BASF SE
  3. Sudarshan Chemical Industries Limited
  5. Pidilite Industries Limited
  6. Ferro Corporation
  7. Sun Chemical
  8. DIC Corporation
  9. Tah Kong Chemical Industrial Corp.
  10. Dimacolor Industry Group Co.
  11. Crown Color Technology Co.
  12. Trust Chem

Based on product types, the azo pigments market is segmented into red, yellow, orange and few other pigments. These product types are heavily preferred in various end-use industries for better coloring, color retaining and lightfastness (fast drying) properties. Stern government standards to boost the use of organic pigments in food items and swelling production of colored imprinting inks for industrial applications is augmenting the global azo pigments market size in the projected timespan.

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Azo Pigments Market size is anticipated to grow at a rapid rate during the forecast period owing to its widespread demand as a coloring agent in paints, rubber and plastic industries. The growing paints market augmented by the surging construction operations will boost the product market size in the near future. In addition, the product possesses suitable oil-based solubility in plastics, paints & coating and inks products. Azo pigments has extensive application in textile fibers for formulating azo dyes. It is favored in several end-use industries due to its strong durability and colorants properties. Azo pigments are colorless particles such as clay or earth materials, that are colored by utilizing azo compounds. The product possesses excellent coloring properties coupled with lightfast drying features that is likely to drive the azo pigments industry size in the expected timeframe.

 Azo Pigments Market, By Product type, 2014-2025

  • Red pigment
  • Yellow pigment
  • Orange pigment
  • Others

Azo Pigments Market, By Solubility, 2014-2025

  • Oil soluble
  • Water soluble

 Azo Pigments Market, By Application, 2014-2025

  • Inks
  • Plastics
  • Rubber
  • Textile fibers
  • Paints & coatings
  • Food
  • Others

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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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