Kerry Pianoforte, Editor 01.05.18
According to Grand View Research, the inorganic pigments markets is recovering gradually after the decline during the economic downturn during 2008 - 2009.
Asia Pacific accounts for more than 50 percent of the global consumption of inorganic pigments. Rapid industrialization and growing infrastructure development are expected to be factors contributing to the growth, particularly in China, India and Indonesia. North America is expected to witness steady growth owing to large exports particularly to China, Germany, Japan, and Belgium. Europe is expected to witness a sluggish growth owing to a decline in infrastructure activities. Middle East & Africa is expected to grow significantly owing to large construction projects particularly in Qatar, Nigeria and Saudi Arabia.
“We feel that each region still has growth opportunities,” said Rose Qin, global business management, Pigments for Coatings at BASF. “In 2017, we achieved nice growth in the European market. Long-term, we believe the biggest growth opportunities are in the emerging markets in Asia. With our globally connected organization, we are well position
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“We feel that each region still has growth opportunities,” said Rose Qin, global business management, Pigments for Coatings at BASF. “In 2017, we achieved nice growth in the European market. Long-term, we believe the biggest growth opportunities are in the emerging markets in Asia. With our globally connected organization, we are well position
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