The global azo pigments market is growing on the back of azo pigments’ rising applications. Azo pigment is heavily used in various products including industrial paints, printing inks, varnishes, plastics, crayons, and rubbers. Now, the burgeoning population, rising urbanisation, and increased disposable income around the world have led to the construction of new buildings and residential structures. This in turn has increased the usage of products such as paints and coatings, primers, varnishers, and stains, propelling the demand for azo pigments. These products are primarily used to adorn and protect buildings. Witnessing the growing demand for azo pigments, the key vendors are forging strong partnerships to launch novel products. As a result of these notable factors, the global azo pigments market is set to reach robust maturity in the coming years.

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Increased Government Regulations Against Harmful Synthetic Aids in Market Expansion

The increase in the number of government regulations against harmful synthetic chemicals use is creating growth opportunities for the azo pigments market. Azo pigments are the largest group of organic pigments. In addition to this, they are cost-effective and have a simple application and strong colours. Their chromatogram is widely distributed over colours such as yellow, orange, red, brown, and blue. The growing environmental concerns and health risks attached to synthetic pigments are further amplifying the demand for organic pigments such as azo pigments. Considering this, the global azo pigments market is poised to attain unprecedented growth levels over the upcoming years.

Paced Demand for Red Azo Pigments to Drive Significant Market Growth

Over the projected period, the red azo pigments are expected to gain significant traction. This is due to its wide range of applications and benefits. For instance, red pigments have excellent solvent resistance, and stability. Moreover, the growing demand for paints and coatings in the construction industry is also intensifying the demand for red azo pigments. In recent years, several market players have taken initiatives to broaden their services in the red pigment field to gain a competitive edge. Furthermore, the growing emphasis on RD activities is contributing to the growing prominence of red azo pigments. The global azo pigments market is therefore set to expand substantially on the back of rising red azo pigments’ demand.

India, and China Remain Prime Producers, Paving the Way for Asia Pacific’s Dominance in Azo Pigments Market  

Asia Pacific is projected to sustain dominance in the global azo pigments market. This expansion is mainly facilitated due to the two major economies in the region, India, and China, being the largest producer of azo pigments. Another key driver is the increasing number of quinophthalone pigment manufacturers in India. Furthermore, the government authorities in India are also introducing supportive initiatives for the adoption of azo pigments. Additionally, the surge in the number of infrastructure activities, and the growing adoption of eco-friendly products, are boosting the regional market growth.

Leading Market Players

Some of the major players in the azo pigments market include Wellton Chemical Co., Ltd., Clariant International, BASF SE, Lanxess AG, Jiangsu Yabang Pigment Co., Ltd.,  Pidilite Industries Ltd., Sudarshan Chemical Industries Limited, Sincol Corporation, Ferro Corporation, DIC Corporation, Jeco Pigment USA Inc., Tah Kong Chemical Industrial Corporation, Trust Chem Co. Ltd., Crown Color Technology Co., Ltd., Dimacolor Industry Group Co., Ltd., Alliance Organics LLP, Cathay Industries, Heubach Colour Pvt. Ltd., Royal Talens B.V., Flint Group, Toyo Ink SC Holdings Co., Ltd., Changzhou Longyu Pigment Chemical Co., Ltd., Apollo Colors Inc, and Jiangsu Yabang Pigment Co., Ltd.

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