Middle East and Africa Organic Pigment Dispersion Market: Industry Analysis and Forecast (2024-2030)
Middle East and Africa Organic Pigment Dispersion Market has valued at USD 39.81 Million in 2023. The Middle East and Africa Organic Pigment Dispersion Market size is estimated to grow at a CAGR of 4.3% over the forecast period.
Format : PDF | Report ID : SMR_1348
Middle East and Africa Organic Pigment Dispersion Market Definition:
Organic pigments also known as organic solids, are used to color paints, rubber products, inks, plastic products, and coating printing sizes. They come in a variety of hues including red, violet, blue, orange, brown, black, green, white, and yellow. They are physically and chemically insoluble and unaffected by the substrate in which pigments are included. They also exhibit properties such as resistance to light, heat, solvent stability, weathering, and insolubleness. Dry pigments spread in a liquid are known as pigment dispersions. Color concentrates, colorants or pigment preparations are other names for these dispersions. They are stabilized with the help of additives such as resins and surfactants, preventing lump formation and reaggregation. These dispersions are employed as colorants in a variety of sectors across industries because they contain high pigment concentrations and are widely used as a mass colorant to add color to a wide range of products.
The Middle East and Africa Organic Pigment Dispersion Market analyses and forecasts the market size, in terms of value. Further, the Middle East and African Organic Pigment Dispersion Market are segmented by Type, Application, and geography. Based on Type, the Middle East and Africa Organic Pigment Dispersion Market are segmented under Azo Pigments, Phthalocyanine Pigments, and High-Performance Pigments. Based on the Application, the Middle East and Africa Organic Pigment Dispersion Market are segmented under Printing Inks, Coatings, Plastics, and Others. By geography, the market covers the following regions South Africa, Nigeria, Saudi Arabia, UAE, Kuwait, Egypt, and the Rest of the Middle East and Africa. The market sizing and forecasts have been done for each segment based on value (in USD Million).
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Middle East and Africa Organic Pigment Dispersion Market Dynamics:
Increasing Cosmetic Industry Demand for Organic Pigments
Organic pigments are very stable since they are built on carbon chains and rings. Higher color strength and gloss can be seen in organic pigments. They are primarily derived from synthetic and natural sources. Natural organic pigments come from either plants or animals. Anthocyanins can come from blue or purple fruits, betanin from beets, carotenoids from red or orange flowers and fruits, etc. Pigments are widely used in the cosmetics business. Natural colorants are being used in skincare products, which are expected to dominate the market. They not only give off a gorgeous hue but also improve the skin by containing substances like polyphenols or beta-carotene. At least 83% of Gen Z consumers purchase natural and organic skincare products, according to a report in the Times of India. The demand for natural organic pigments is expected to grow which will drive the pigment dispersion industry forward.
Packaging is in High Demand from the Food and Beverage Sector
The packaging industry has grown despite the pandemic reduction in plastic demand from the car sector. The plastic serves as a barrier between food and the environment, reducing food deterioration and contamination, and is therefore driving plastic usage as the food and beverage industry’s demand for packaging materials rises. Since the pandemic’s start, customers are more aware of the packaging they purchase in terms of health and safety. Single-use plastic has become more and more significant. Consumers worry that the risk of infection is expected to grow with the use of reusable packaging. Strict guidelines and safety laws for food and packaging applications must be followed when using colorants in polymers for food packaging. The marker for organic pigment dispersion is expected to drive by the food and beverage industry’s need for packaging.
Organizations and Some Countries Impose Strict Regulations
A naturally occurring mineral called titanium dioxide is utilized as a bright white pigment in paints and coatings. The new rules have an immediate impact on the use of titanium as a white pigment in paints, coatings, and cosmetics and provide difficulties for the sector. An inorganic pigment used in paints and coatings is lead chromate. A policy on lead paint was issued in October 2021 by the Strategic Approach to International Chemicals Management (SAICM). The organic pigment dispersion market is expected to be threatened by strict laws established by REACH and the US EPA as well as the ban on the use of specific pigments in some nations.
Demand for Eco-friendly Organic Pigment Dispersions
The effects of these pigment dispersions on the environment change depending on the composition. Manufacturers are shifting towards more environmentally friendly options because of the growing worries about the effects of chemicals on the environment. Dispersions that do not include volatile organic compounds are considered eco-friendly.
Recent developments in the market for organic pigment dispersions include the incorporation of renewable resources like resins and other reinforcing particles. Additionally, pigments and pigment dispersions are used to absorb and reflect infrared light. Milled particles of Near Infrared (NIR) absorbing pigments are used to create infrared absorbing dispersions.
Middle East and Africa Organic Pigment Dispersion Market Segment Analysis:
By Application, the printing ink segment is expected to dominate the market because of the high demand from major end-use sectors. The inked segment is the largest application. The rapid acceptance of digital printing technology across a range of end markets has boosted the growth of the market. Owing to the increasing demand from the industrial and automotive industries, the coatings and plastics market is anticipated to make a major contribution. The rapid urbanization and growing consumer digital needs. Printing inks are used on packaging materials in the packaging industry to make the packaging appealing to buyers because it is one of the most effective ways to market and advertise items. Flexible packaging offers better options for custom packaging. It is being driven by the food and beverage industry.
Middle East and Africa Organic Pigment Dispersion Market Key Players Insights:
The market is characterized by the existence of several well-known firms. These companies control a large portion of the market, have a wide Type portfolio, and have a presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in the Middle East and Africa and the Middle East and Africa, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the Middle East and Africa Organic Pigment Dispersion Market to the stakeholders in the industry. The report provides the most dominant trends in the Middle East and Africa Organic Pigment Dispersion Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Middle East and Africa Organic Pigment Dispersion Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Middle East and Africa Organic Pigment Dispersion Market report is to help understand which market segments, and regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Middle East and Africa Organic Pigment Dispersion Market. The report studies factors such as company size, market share, market growth, revenue, production, volume, and profits of the key players in the Middle East and Africa Organic Pigment Dispersion Market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their Type quality is in the Middle East and African Organic Pigment Dispersion Market. The report also analyses whether the Middle East and Africa Organic Pigment Dispersion Market is easy for a new player to gain a foothold in the market, whether they enter or exit the market regularly, and if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Middle East and Africa Organic Pigment Dispersion Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Middle East and Africa Organic Pigment Dispersion Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Middle East and Africa Organic Pigment Dispersion Market is aided by legal factors.
MEA Organic Pigment Dispersion Market Scope |
|
Market Size in 2023 |
USD 39.81 Bn. |
Market Size in 2030 |
USD 53.45 Bn. |
CAGR (2024-2030) |
4.3% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Type
|
By Application
|
|
Country Scope |
South Africa GCC Egypt Nigeria Rest of the Middle East and Africa |
Middle East and Africa Organic Pigment Dispersion Market Key Players:
- Al Qawasim Trading Est. (Saudi Arabia)
- DI Chem (US)
- Maar Group (Riyadh. UAE)
- Noor Arabia Trading Co. Ltd (Saudi Arabia)
- BASF SE (Germany)
- ALTANA Chemie GmbH (Germany)
- Tinox Chemie Gmbh (Dusseldorf, North Rhine Westphalia)
- Union Colors (United Kingdom)
- Bodo Möller Chemie (Germany)
- Eckart (Hartenstein, Bavaria)
- DIC Corporation (Japan)
- Sudarshan Chemical (India)
- Chromaflo (U.S.)
Frequently Asked Questions
The Brazil region is expected to hold the highest share in the Middle East and Africa Organic Pigment Dispersion Market.
The market size of the Middle East and Africa Organic Pigment Dispersion Market by 2030 is expected to reach USD 53.45 Million.
The forecast period for the Middle East and Africa Organic Pigment Dispersion Market is 2024-2030.
The market size of the Middle East and Africa Organic Pigment Dispersion Market in 2023 was valued at USD 39.81 Million.
- Scope of the Report
- Research Methodology
- Research Process
- The Middle East and Africa Organic Pigment Dispersion Market: Target Audience
- The Middle East and Africa Organic Pigment Dispersion Market: Primary Research (As per Client Requirement)
- The Middle East and Africa Organic Pigment Dispersion Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- The Middle East and Africa Stellar Competition Matrix
- Key Players Benchmarking: - by Type, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Stellar Competition matrix
- The Middle East and Africa Organic Pigment Dispersion Market Segmentation
- The Middle East and Africa Organic Pigment Dispersion Market, By Type (2023-2030)
- Azo Pigments
- Phthalocyanine Pigments
- High-Performance Pigment
- The Middle East and Africa Organic Pigment Dispersion Market, by Application (2023-2030)
- Printing Inks
- Coatings
- Plastics
- Others
- The Middle East and Africa Organic Pigment Dispersion Market, by Country (2023-2030)
- South Africa
- Nigeria
- Saudi Arabia
- UAE
- Rest of the Middle East and Africa
- The Middle East and Africa Organic Pigment Dispersion Market, By Type (2023-2030)
- Company Profiles
- Key Players
- Al Qawasim Trading Est.
- Company Overview
- Type Portfolio
- Financial Overview
- Business Strategy
- Key Development
- DI Chem
- Maar Group
- Noor Arabia Trading Co. Ltd
- BASF SE
- ALTANA Chemie GmbH
- Tinox Chemie Gmbh
- Union Colors
- Bodo Möller Chemi
- Eckart
- DIC Corporation
- Sudarshan Chemical
- Chromaflo
- Al Qawasim Trading Est.
- Key Players
- Key Finding
- Recommendations