The global pigment dispersion market size is expected to reach USD 38.07 billion by 2032, according to a new study by Polaris Market Research. The report “Pigment Dispersion Market Share, Size, Trends, Industry Analysis Report, By Product (Inorganic Pigment, Organic Pigment), By Application (Plastics, Inks, Coatings, Others), By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The demand for colored packaging material is experiencing rapid growth, given its significant impact on product presentation and its influence on consumer purchasing decisions at the point of sale. Consequently, there is an anticipated increase in the demand for pigments in packaging throughout the forecast period.
Pigment dispersions and dyes find application in printing inks, facilitating the printing of texts, images, and designs on various surfaces, including clothing, packaging labels, and more. The advancements in digital printing technologies, such as creasing and digital carton cutting, along with other completion technologies, have significantly expanded the capabilities of pigment dispersion in printing applications. Digital printing is being increasingly employed in diverse packaging types, including corrugated packaging, flexible packaging, and folding cartons. These segments are witnessing growth trends, and the continued adoption of digital printing technologies in packaging is expected to drive the demand for pigment dispersion in the foreseeable future.
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In the realm of food packaging, various materials, including paper, plastic, and paperboard, are selected based on their applications. For products like breakfast cereals that require prolonged crispness, multi-layer packaging is employed to preserve freshness throughout the shelf life. The exposure of food items to oxygen can lead to oxidation, ultimately resulting in food spoilage. To counter this, polyethylene is often combined with paperboard, serving as a barrier to oxygen and preventing the oxidation of food products.
Beyond the functional aspect of preserving food, the aesthetic appeal of packaging poses a challenge for food manufacturers. The visual attractiveness of packaging is crucial, and colors play a significant role in achieving this. Pigments that can accommodate a diverse range of plastic and paperboard materials while imparting vibrant and attractive colors are experiencing an increase in demand. As a result, there is a growing emphasis on incorporating such pigments in food packaging to not only ensure product freshness but also enhance the visual appeal of the packaging, thereby influencing consumer perception and purchasing decisions.
Pigment Dispersion Market Report Highlights
Polaris Market Research has segmented the pigment dispersion market report based on product, application, and region:
Pigment Dispersion, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Pigment Dispersion, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Pigment Dispersion, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 27.00 billion |
Revenue forecast in 2032 |
USD 38.07 billion |
CAGR |
4.4% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
By Product, By Application, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
For Specific Research Requirements |