North American Market Forecast
North American arylamide pigments market is poised to hold the largest share of 35% during the forecast period. The use of arylamide pigment types has increased as a result of the notable expansion of the paint and coatings industry in the United States and Canada. This is because both countries highly invest in building construction, especially in high-rise buildings and structures, and since paints and coatings are used in the building and construction sector as well as in numerous businesses. For instance, in 2022, the United States installed new constructions valued at over 1.8 trillion dollars. Since arylamide pigments are used to color clothing, the significantly expanding textile industries in the USA and Canada are also driving up demand for these pigments. The market in these nations is also being helped by robust expansion in the paper and plastic industries as well as rising ink demand.
APAC Market Statistics
Arylamide Pigments Market in Asia Pacific is projected to hold a share of 28% by the end of 2036. It is expected that the demand of acrylamide pigments would increase due to the significantly rising end-use industries in numerous countries in the Asia Pacific region. Due to the expanding paint, paper, ink, and textile sectors, China, India, and ASEAN are predicted to have significant expansion in the market. The Asia Pacific region is anticipated to hold a substantial portion of the market for Arylamide Pigments due to the existence of numerous end-user industries. Furthermore, the region is anticipated to continue serving as a major global supplier of pigment due to the existence of a sizable number of producers.
Author Credits: Rajrani Baghel
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