Smithers Rapra Releases Report on Market for High-Performance Pigments
LEATHERHEAD, UK — Smithers Rapra has released a new market report, The Future of High-Performance Pigments to 2023. The report identifies how worldwide a total of 191,881 tonnes of high-performance pigments and effect and specialty pigments will be consumed in 2018.
According to the report the total value of the high-performance pigment market in 2018 will reach $5.09 billion. Growth rates of this market are moderate and will reach rates of 3.3% by volume and 3.4% by value across 2018-2023. Consumption will increase to 225,804 tonnes in 2023, and reach a value of $5.99 billion.