Market Segmentation
Pigments are widely used in the manufacturing of cosmetics and personal care products, including skincare, haircare, color cosmetics, antiperspirants, and others. Iron oxide and titanium oxide are commonly used in cosmetic products to provide specific color. Additionally, elastomers used in personal care products facilitate easy spreadability and good absorption on the skin while imparting long-lasting effects of personal care products. The cosmetics and personal care industry is witnessing significant growth owing to factors such as rising disposable income, growing middle-class aspirational spending, changing lifestyle, and preference for high-quality products. The increasing demand for skincare products owing to increasing awareness regarding healthy skin rituals, inclination toward maintenance of an even skin tone, and efforts taken to look beautiful and young is fueling the demand for skincare products. The rising demand for combination products, such as shampoo, conditioner, and styling products, is propelling the growth of the personal care industry, which is driving the demand for pigments dispersion in personal care products.
Pigment dispersions are used in various end-use industries, including automotive, building & construction, consumer goods, electrical & electronics, aerospace, marine, and others. In the building & construction industry, pigment dispersions are used in pavers, flooring, tiling, bridges, pipe & panels, and precast walls. The coatings segment is the largest application segment and is projected to continue its growth due to the growing building & construction industry on account of infrastructure development in many developing economies. The aerospace industry also uses coatings for exterior topcoats, fuel tanks, anti-chafe, wings, and others. The cosmetics & personal care industry is another major market for pigment dispersions, which are used in various products such as skincare, haircare, color cosmetics, antiperspirants, and others. The rising demand for skin care products, increasing awareness regarding healthy skin rituals, and efforts taken to look beautiful and young are driving the demand for skincare products. The personal care industry is also witnessing growth due to the increasing utilization of combination products, such as shampoo, conditioner, and styling products, which is driving the demand for pigment dispersion in personal care products.
The use of inorganic pigments in various industries such as coatings, adhesives, sealants, and elastomers is driving the demand for pigment dispersions. In the building and construction industry, coatings are used for various applications such as abrasion and wear-resistant coatings, high-temperature coatings, corrosion-resistant coatings, and water-resistant coatings. The aerospace industry also uses coatings for exterior topcoats, fuel tanks, anti-chafe, wings, and others. However, the use of some inorganic pigments is strictly regulated in the U.S. due to their hazardous nature, as they contain toxic heavy metals such as chromium and cadmium. Cadmium compounds are known to cause cancer and harm the kidneys. The Food, Drug & Cosmetic Act ensures the safe use of inorganic pigments and other food additives in food contact substances. The restriction on lead chromate pigment has slightly impacted the market growth due to the unavailability of an alternative. In the cosmetics and personal care industry, pigments such as iron oxide and titanium oxide are widely used to provide specific color to the products. However, the use of some inorganic pigments is strictly regulated due to their toxic nature.
This section will provide insights into the contents included in this U.S. pigment dispersion market report and help gain clarity on the structure of the report to assist readers in navigating smoothly.
Industry overview
Industry trends
Market drivers and restraints
Market size
Growth prospects
Porter’s analysis
PESTEL analysis
Key market opportunities prioritized
Competitive landscape
Company overview
Financial performance
Product benchmarking
Latest strategic developments
Market size, estimates, and forecast from 2018 to 2030
Market estimates and forecast for product segments up to 2030
Regional market size and forecast for product segments up to 2030
Market estimates and forecast for application segments up to 2030
Regional market size and forecast for application segments up to 2030
Company financial performance