High Performance Pigments (HPP) Market to Exhibit 4.21% CAGR, States Azoth Analytics in Its Research Report Available at MarketPublishers.com20 Jan 2017 • by Natalie Aster
LONDON – The world’s market for high performance pigments (HPP) is set to show healthy growth, exhibiting a 4.21% CAGR from 2016 up to 2021.
Robust market growth is anticipated to be fueled by the mushrooming demand for advance coatings especially from industries like construction and automotive and also by introduction of new applications in the fast-evolving industries (including textiles, plastics, cosmetics, etc.), to name only a few growth diving forces.
Inorganic HPPs form a sector, accounting for the largest share of the total market. However, the demand for organic HPPs is expected to register the faster growth rate in the years ahead primarily due to rising environmental concerns, favourable regulations together with increasing applicability.
Regionally, the APAC HPPs market is predicted to showcase the highest growth rates, spurred by a bunch of factors, including the changing industrial dynamics, rising number of vehicle production, escalating consumption of plastics and textile, ongoing shift of production facilities to low-cost countries in the APAC region, amid others.
Insightful research report “Global High Performance Pigments (HPP) Market: Analysis By Type, By Application, By Region, By Country (2016-2021)” prepared by Azoth Analytics is a great source of vital information on the global market for HPPs. The study analyses the market segmentation regarding the product type, regions and countries, and also applications. This comprehensive research report offers an unbiased overview of the market size, shares and key influencing factors. Additionally, the report includes Porter’s five forces and SWOT analyses. This in-demand report also looks at the competitive environment and provides granular profiles of top 10 companies active in the global market for HPPs. A supply chain analysis, a review of ongoing and emerging market trends, valuable strategic recommendations and also future projections till 2021 are available here, too.
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