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Pigment Market Growth Expected, But Challenges Remain Ahead

Price increases, lack of availability and environmental regulations have changed the industry landscape

The pigment industry has been showing signs of growth in recent years. In 2017, Grand View Research projected an increase in the global dye and pigment market, which it valued at $30.42 billion the previous year. Meanwhile, Global Market Insights, Inc. expects the pigment market to surpass $18.98 billion in sales by 2024. While these forecasts remain positive, the industry has faced numerous challenges over the last 12 months. “The pigment industry, like other chemical related industrie...

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