Catherine Diamond, Associate Editor08.17.15
The high performance and special effects pigments market is expected to continue steady growth over the next few years. Smithers Rapra, a global provider of consulting services, conferences, training and market reports, recently published a report titled The Future of High Performance Pigments to 2017. According to the report, developing markets are largely responsible for continued progress.
“Despite a global recession and sky rocketing raw material prices, the market for high-performance pigments (HPPs) continues to grow, particularly in emerging markets like China and India,” the report stated. “Increased demand for differentiation and appearance in the packaging sector is driving growth, and emerging print processes such as inkjet are also having a positive impact on this market.”
A Growing Market
Regionally there is a significant difference in outlook and performance for high performance pigments. “China’s growth rate has slowed, but it still is growing,” said Michael T. Venturini, global marketing manager, Coatings,
“Despite a global recession and sky rocketing raw material prices, the market for high-performance pigments (HPPs) continues to grow, particularly in emerging markets like China and India,” the report stated. “Increased demand for differentiation and appearance in the packaging sector is driving growth, and emerging print processes such as inkjet are also having a positive impact on this market.”
A Growing Market
Regionally there is a significant difference in outlook and performance for high performance pigments. “China’s growth rate has slowed, but it still is growing,” said Michael T. Venturini, global marketing manager, Coatings,
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