Printed packaging number 1 driver of global pigments revenues growth

24 December 2013

Printed packaging is the most dynamic growth factor in the worldwide pigment market up to 2020, reports Ceresana in its Market Study: Pigments 3rd edition.
Ceresana forecasts global revenues generated with pigments to increase to US$34.2 billion in 2020. Pigments are mainly used in the production of paints and varnishes as well as the coloring of plastics and construction materials. Other applications are: manufacturing of printing inks and paper.
The largest sector is the construction sector, the processing of plastics is second with 27% of pigment demand. Plastics will develop at the second highest growth rates in the future, after printed packaging.
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