Azo Pigments Market is estimated to be US$ 11.1 billion by 2034 with a CAGR of 7.0% during the forecast period

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Published Date: March 2024

Organic pigments include azo pigments, which contain a nitrogen group; they account for most of the organic red, orange, and yellow pigments. Copper phthalocyanines provide brilliant, strong blues and greens that are unusually colourfast for organic colours. Numerous azo colors are non-harmful, albeit a few, for example, dinitroaniline orange, ortho-nitroaniline orange, or shade orange 1, 2, and 5 are mutagenic and cancer-causing. Azo colors got from benzidine are cancer-causing agents; openness to them has traditionally been related with bladder malignancy. In like manner, the creation of benzidine azo colors was stopped during the 1980s in numerous western nations.Azo Pigments Market was valued at US$ 6.0 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 11.1 billion by 2034.

The report " Azo Pigments Market By Type (Oil Based, and Water Based), By Application (Plastics, Textile, Printing Ink, Food, and Paints & Varnishes), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

Key Highlights:

In May 2018, Clariant, dispatched two new natural colors, to be specific, Ink Jet Magenta E-S VP6057 and Ink Jet Orange GR VP6102 for the inkjet application. This advancement will empower the organization to fortify its item portfolio.
In February 2018, Heubach extended its new creation plant in Pennsylvania (US). The organization has wanted to deliver hostile to destructive shades at its new plant with yearly creation limit of 4,000 tons.

Analyst View:

Azo shades are known for their shading capacities. In addition, they are liked for better lightfastness – the rate at which the shading blurs when presented to light. These elements are driving the worldwide azo colors market. One of the significant utilizations of azo colors is plastics. An enormous number of items today are made out of plastic. Thinking about the actual properties of azo shades, their interest is high in the plastic business. Fast development of the plastic market is boosting the worldwide azo shades market. Paints is another significant area where azo shades are utilized widely. Azo shades are utilized in imaginative paint items just as business paints. The quantity of foundation projects is quickly ascending across the world. Simultaneously, the interest level among individuals to get workmanship as a leisure activity or profession has likewise risen. These components are projected to drive the worldwide azo shades market.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Azo Pigments MarketBy Type (Oil Based, and Water Based), By Application (Plastics, Textile, Printing Ink, Food, and Paints & Varnishes), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2034”

Key Market Insights from the report:

Azo Pigments Market was valued at US$ 6.0 billion in 2024 and is projected to grow at a CAGR of 7.0% to reach US$ 11.1 billion by 2034. The Azo Pigments Market report segments the market on the basis of type, application, and region.

By Type, the Azo Pigments Market is segmented into Oil-Based and Water-Based.
By Distribution channel, the market is segmented in Plastics, Textile, Printing Ink, Food and Paints & Varnishes
By Region, the Global Azo Pigments Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape:

The key players operating in the Azo Pigments Market includes BASF SE, Clariant International, Pidilite Industries Ltd, Lanxess AG, Synthesia a.s., Sincol Corporation, Sudarshan Chemical Industries Limited, Ferro Corporation, DIC Corporation and Jeco Pigment USA Inc.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST & SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered