Global Pigment Dispersions Market to Reach $37.9 Billion by 2030
The global market for Pigment Dispersions estimated at US$26.3 Billion in the year 2023, is expected to reach US$37.9 Billion by 2030, growing at a CAGR of 5.3% over the period 2023-2030. Inorganic Pigment Dispersions, one of the segments analyzed in the report, is expected to record 5.8% CAGR and reach US$22.9 Billion by the end of the analysis period. Growth in the Organic Pigment Dispersions segment is estimated at 4.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.9 Billion, While China is Forecast to Grow at 8% CAGR
The Pigment Dispersions market in the U.S. is estimated at US$6.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$8.4 Billion by the year 2030 trailing a CAGR of 8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 4.3% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.
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