아시아태평양 및 중동 및 아프리카의 페인트 및 코팅용 착색제 시장(-2032년) : 조성별, 유형별, 기술별, 최종사용자별

Report Information on Asia Pacific and Middle East & Africa Colorant Market for Paints & Coating Application Market by Composition (Organic and Inorganic), by Type (Organic, Inorganic), by Technology (Water-borne, Solvent-borne, Powder, and Others), by End Use (Building & Construction, Automotive, Aerospace, Marine, Manufacturing and Others), Forecast to 2032

Market Overview

The Asia Pacific and Middle East & Africa Colorant Market for Paints & Coating Application is anticipated to experience a 6.0% compound annual growth rate (CAGR) during the review period. The colorant market for paints and coatings in the Asia Pacific (APAC) and Middle East & Africa (MEA) regions is significantly influenced by the building and construction industry. The rapid pace of urbanization and industrialization in countries such as the UAE, India, and China has led to a significant increase in infrastructure development, which includes residential, commercial, and public infrastructure initiatives. This expansion has resulted in an increased demand for a diverse array of paints and coatings, which has subsequently increased the demand for colorants that are employed to improve the performance, durability, and aesthetic appeal of these coatings. The market is significantly influenced by the construction growth, as decorative paints for interior and exterior surfaces, as well as protective coatings for infrastructure, all rely heavily on colorants.

The rapid urbanization in the Asia Pacific region, particularly in China and India, has resulted in a substantial increase in the number of residential and commercial construction projects. The demand for housing, office buildings, and retail spaces has increased exponentially as more individuals relocate to urban areas. This increase in construction activity results in a greater utilization of paints and coatings, particularly for decorative and finishing purposes. In order to accomplish the desired color quality and performance, these paints necessitate a variety of colorants, including pigments. The demand for environmentally sustainable, long-lasting, and high-quality coatings is driving the adoption of advanced colorants that comply with sustainability standards in countries such as South Korea and Japan, where construction is also on the rise.

Market Segmentation

The Asia Pacific and Middle East & Africa Colorant Market for Paints & Coating Application is segmented based on the following: region, end-use industry, technology, type, and composition.

The market is segmented as Organic and Inorganic based on its composition. In 2023, the Inorganic segment accounted for the largest market revenue share at 92.00%. It is anticipated that this segment will experience the quickest CAGR growth rate of 5.9% during the projected timeframe.

The market is segmented into Pigments and Color Concentrates based on type. The Pigments segment accounted for the largest market revenue share of 72.89% in 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.7% during the forecast period.

According to technology, the market is divided into four categories: water-borne, solvent-borne, powder, and others. In 2023, the Powder segment accounted for the largest market revenue share at 42.01%. It is anticipated that this segment will experience the quickest CAGR growth rate of 6.0% during the projected timeframe.

Building & Construction, Automotive, Aerospace, Marine, Manufacturing, and Others comprise the market's Segmentation by End Use Industry. In 2023, the Building & Construction segment accounted for the largest market revenue share at 60.39%. It is anticipated that this segment will experience the quickest CAGR growth rate of 6.0% during the projected timeframe.

The Asia-Pacific and Middle East & Africa regions have been used to segment the Colorant Market for Paints & Coating Application. The market was dominated by the Asia-Pacific region in 2023, with a 92.29% share. It is anticipated that the region will experience a compound annual growth rate (CAGR) of 6.0% during the forecast period.

Major Players

DIC Corporation, Colortek Ltd, Koel Colours Private Limited, COLORIS GCC, Vibrantz Technologies, Alliance Organics LLP, Pidilite Industries Limited, AkzoNobel N.V., Jazeera Paints, and MCI Paints are the primary participants in the Colorant Market for Paints & Coating Application.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

• 2.1 DEFINITION
• 2.2 SCOPE OF THE STUDY
• 2.3 RESEARCH OBJECTIVE
• 2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

• 3.1 OVERVIEW
• 3.2 DATA FLOW
  • 3.2.1 Data Mining Process
• 3.3 PURCHASED DATABASE:
• 3.4 SECONDARY SOURCES:
  • 3.4.1 Secondary Research data flow:
• 3.5 PRIMARY RESEARCH:
  • 3.5.1 Primary Research DATA FLOW:
  • 3.5.2 Primary Research: Number of Interviews conducted
• 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
  • 3.6.1 trade Analysis Approach
• 3.7 DATA FORECASTING
  • 3.7.1 Data forecasting Technique
• 3.8 DATA MODELING
  • 3.8.1 microeconomic factor analysis:
  • 3.8.2 Data modeling:
• 3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

• 4.1 INTRODUCTION
• 4.2 DRIVERS
  • 4.2.1 Increasing Innovations in Pigment Manufacturing Processes is Expected to Drive the Colorant Market Growth
  • 4.2.2 Rising Use of Colorant in the Automotive Industry
• 4.3 RESTRAINT
  • 4.3.1 EXCESSIVE SUPPLY OF COLORANT CAN LEADS TO ITS DECREASED PRICES
  • 4.3.2 Fluctuating Raw Material Prices
• 4.4 OPPORTUNITY
  • 4.4.1 Eco-friendly & Bio-based Colorant
  • 4.4.2 Growing Demand for Customizable Paint Solutions
• 4.5 IMPACT ANALYSIS OF COVID-19
• 4.6 IMPACT OF RUSSIA-UKRAINE WAR

5 MARKET FACTOR ANALYSIS

• 5.1 SUPPLY/VALUE CHAIN ANALYSIS
  • 5.1.1 Participants
    • 5.1.1.1 Raw Materials Analysis
      • 5.1.1.1.1 Raw Material Selection & Procurement 63
      • 5.1.1.1.2 Quality and Purity Standards 63
      • 5.1.1.1.3 List of Raw Material Suppliers (Company Name, Headquarter, Contact Details, Raw Material) 64
    • 5.1.1.2 Manufacturers
      • 5.1.1.2.1 Processing & Production 64
      • 5.1.1.2.2 Formulation & Product Development 64
      • 5.1.1.2.3 List of Manufacturers (Company Name, Headquarters, Contact Details) 64
    • 5.1.1.3 Distributors/ Suppliers
      • 5.1.1.3.1 Logistics 65
      • 5.1.1.3.2 Sales and Marketing Strategies 65
      • 5.1.1.3.3 List of Distributors/Suppliers (Company Name, Headquarter, Contact Details) 65
    • 5.1.1.4 End-Users
      • 5.1.1.4.1 Customer Needs, Preferences, Pain Points & End-Use Industries 65
      • 5.1.1.4.2 List of Potential Customers (Company Name, Headquarter, Contact Details) 66
• 5.2 PORTER'S FIVE FORCES MODEL
  • 5.2.1 THREAT OF NEW ENTRANTS
  • 5.2.2 BARGAINING POWER OF SUPPLIERS
  • 5.2.3 THREAT OF SUBSTITUTES
  • 5.2.4 BARGAINING POWER OF BUYERS
  • 5.2.5 Intensity of RIVALRY
• 5.3 PRICING ANALYSIS, 2018 TO 2032 (USD PER TONS)
  • 5.3.1 Factors Impacting Product Pricing
• 5.4 SUPPLY-DEMAND ANALYSIS (2018-2032)
  • 5.4.1 Supply analysis
  • 5.4.2 Demand analysis
• 5.5 REGULATORY FRAMEWORK
  • 5.5.1 Certifications & Standards
• 5.6 TECHNOLOGICAL ADVANCEMENTS AND INNOVATIONS
  • 5.6.1 Technology Roadmap
  • 5.6.2 Compatibility with Applications
  • 5.6.3 Advanced Testing and Analysis
• 5.7 SUSTAINABILITY INITIATIVES IN THE MARKET
• 5.8 BROAD LEVEL GAP ANALYSIS TO UNDERSTAND UNTAPPED AREAS
  • 5.8.1 Based on Type
  • 5.8.2 Based on End Use Industry
• 5.9 R&D UPDATE
  • 5.9.1 Current Scenario
  • 5.9.2 Future Roadmap
  • 5.9.3 Emerging Applications
  • 5.9.4 Potential Market Disruptions
  • 5.9.5 Challenges
  • 5.9.6 Novel Applications
  • 5.9.7 Key Developments
• 5.10 IMPORT-EXPORT ANALYSIS, 2018-2023
  • 5.10.1 HS Code: 321290
    • 5.10.1.1 Import
    • 5.10.1.2 Export
  • 5.10.2 HS Code: 3212
    • 5.10.2.1 Import
    • 5.10.2.2 Export
• 5.11 ANALYSIS ON PERFORMANCE CHARACTERISTICS OF PROTECTIVE COATINGS
  • 5.11.1 Lightfastness
  • 5.11.2 Chemical Resistance
  • 5.11.3 Aesthetic Qualities
  • 5.11.4 Others
• 5.12 ADJACENT MARKET ANALYSIS
  • 5.12.1 Paints & Coatings Market
• 5.13 PESTEL ANALYSIS

6 ASIA PACIFIC AND MIDDLE EAST & AFRICA COLORANT MARKET FOR PAINTS & COATING APPLICATION, BY COMPOSITION

• 6.1 OVERVIEW
• 6.2 ORGANIC
• 6.3 INORGANIC

7 ASIA PACIFIC AND MIDDLE EAST & AFRICA COLORANT MARKET FOR PAINTS & COATING APPLICATION, BY TYPE

• 7.1 OVERVIEW
• 7.2 PIGMENTS
• 7.3 COLOR CONCENTRATES

8 ASIA PACIFIC AND MIDDLE EAST & AFRICA COLORANT MARKET FOR PAINTS & COATING APPLICATION, BY TECHNOLOGY

• 8.1 OVERVIEW
• 8.2 WATER-BORNE
• 8.3 SOLVENT-BORNE
• 8.4 POWDER
• 8.5 OTHERS

9 ASIA PACIFIC AND MIDDLE EAST & AFRICA COLORANT MARKET FOR PAINTS & COATING APPLICATION, BY END-USE INDUSTRY

• 9.1 OVERVIEW
• 9.2 BUILDING & CONSTRUCTION
• 9.3 AUTOMOTIVE
• 9.4 AEROSPACE
• 9.5 MARINE
• 9.6 MANUFACTURING
• 9.7 OTHERS

10 ASIA PACIFIC AND MIDDLE EAST & AFRICA COLORANT MARKET FOR PAINTS & COATING APPLICATION, BY REGION

• 10.1 INTRODUCTION
• ASIA-PACIFIC 103
• MIDDLE EAST & AFRICA 103
• 10.2 ASIA PACIFIC
• 10.3 MIDDLE EAST AND AFRICA
• 10.4 ASIA-PACIFIC
  • 10.4.1 CHINA
  • 10.4.2 INDIA
  • 10.4.3 JAPAN
  • 10.4.4 SOUTH KOREA
  • 10.4.5 INDONESIA
  • 10.4.6 AUSTRALIA
  • 10.4.7 MALAYSIA
  • 10.4.8 THAILAND
  • 10.4.9 VIETNAM
  • 10.4.10 PAKISTAN
  • 10.4.11 REST OF ASIA-PACIFIC
• 10.5 MIDDLE EAST & AFRICA
  • 10.5.1 UAE
  • 10.5.2 SAUDI ARABIA
  • 10.5.3 SOUTH AFRICA
  • 10.5.4 KUWAIT
  • 10.5.5 OMAN
  • 10.5.6 EGYPT
  • 10.5.7 REST OF MIDDLE EAST & AFRICA

11 COMPETITIVE LANDSCAPE

• 11.1 INTRODUCTION
• 11.2 COMPANY MARKET SHARE ANALYSIS, 2023 (%)
• 11.3 COMPETITIVE BENCHMARKING
• 11.4 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023
• 11.5 KEY DEVELOPMENTS & GROWTH STRATEGIES
  • 11.5.1 New Product Launch/Service Deployment
  • 11.5.2 Acquisition
  • 11.5.3 capacity expansion
  • 11.5.4 agreement

12 COMPANY PROFILES

• 12.1 DIC CORPORATION
  • 12.1.1 COMPANY OVERVIEW
  • 12.1.2 FINANCIAL OVERVIEW
  • 12.1.3 PRODUCTS OFFERed
  • 12.1.4 KEY DEVELOPMENTS
  • 12.1.5 SWOT ANALYSIS
  • 12.1.6 Key Strategy
• 12.2 COLORTEK LTD
  • 12.2.1 COMPANY OVERVIEW
  • 12.2.2 FINANCIAL OVERVIEW
  • 12.2.3 PRODUCTS OFFERed
  • 12.2.4 KEY DEVELOPMENTS
  • 12.2.5 SWOT ANALYSIS
  • 12.2.6 Key Strategy
• 12.3 KOEL COLOURS PRIVATE LIMITED
  • 12.3.1 COMPANY OVERVIEW
  • 12.3.2 FINANCIAL OVERVIEW
  • 12.3.3 PRODUCTS OFFERed
  • 12.3.4 KEY DEVELOPMENTS
  • 12.3.5 SWOT ANALYSIS
  • 12.3.6 Key Strategy
• 12.4 COLORIS-GCC
  • 12.4.1 COMPANY OVERVIEW
  • 12.4.2 FINANCIAL OVERVIEW
  • 12.4.3 PRODUCTS OFFERed
  • 12.4.4 KEY DEVELOPMENTS
  • 12.4.5 SWOT ANALYSIS
  • 12.4.6 Key Strategy
• 12.5 VIBRANTZ
  • 12.5.1 COMPANY OVERVIEW
  • 12.5.2 FINANCIAL OVERVIEW
  • 12.5.3 PRODUCTS OFFERed
  • 12.5.4 KEY DEVELOPMENTS
  • 12.5.5 SWOT ANALYSIS
  • 12.5.6 Key Strategy
• 12.6 ALLIANCE ORGANICS LLP
  • 12.6.1 COMPANY OVERVIEW
  • 12.6.2 FINANCIAL OVERVIEW
  • 12.6.3 PRODUCTS OFFERed
  • 12.6.4 KEY DEVELOPMENTS
  • 12.6.5 SWOT ANALYSIS
  • 12.6.6 Key Strategy
• 12.7 PIDILITE
  • 12.7.1 COMPANY OVERVIEW
  • 12.7.2 FINANCIAL OVERVIEW
  • 12.7.3 PRODUCTS OFFERed
  • 12.7.4 KEY DEVELOPMENTS
  • 12.7.5 SWOT ANALYSIS
  • 12.7.6 Key Strategy
• 12.8 AKZONOBEL N.V.
  • 12.8.1 COMPANY OVERVIEW
  • 12.8.2 FINANCIAL OVERVIEW
  • 12.8.3 PRODUCTS OFFERed
  • 12.8.4 KEY DEVELOPMENTS
  • 12.8.5 SWOT ANALYSIS
  • 12.8.6 Key Strategy
• 12.9 JAZEERA PAINTS
  • 12.9.1 COMPANY OVERVIEW
  • 12.9.2 FINANCIAL OVERVIEW
  • 12.9.3 PRODUCTS OFFERed
  • 12.9.4 KEY DEVELOPMENTS
  • 12.9.5 SWOT ANALYSIS
  • 12.9.6 Key Strategy
• 12.10 MCI
  • 12.10.1 COMPANY OVERVIEW
  • 12.10.2 FINANCIAL OVERVIEW
  • 12.10.3 PRODUCTS OFFERed
  • 12.10.4 KEY DEVELOPMENTS
  • 12.10.5 SWOT ANALYSIS
  • 12.10.6 Key Strategy