Cleveland, OH, December 21, 2017 — US pigment demand is forecast to total $5.4 billion in 2021, according to Pigments: United States, a report recently released by Freedonia Focus Reports. Rising production of paint and plastics – driven by expanding construction and manufacturing activity – is expected to boost pigment orders. Value gains will also reflect the growing importance of more expensive pigments that meet increasingly stringent performance standards and preferences for more environmentally friendly products.
Sales of carbon black pigments are projected to see the fastest growth to 2021. Consumption gains will be supported by growth in paint, plastic, and printing ink production. A projected increase in the price of crude oil to 2021 will drive price increases, contributing to gains in value terms.
These and other key insights are featured in Pigments: United States. This report forecasts US pigments demand and shipments in nominal US dollars at the manufacturer level to 2021. Total demand is segmented by product in terms of:
- titanium dioxide
- other inorganic whites such as calcium carbonates, kaolin, and talc
- carbon black
- other inorganic pigments such as iron oxides, cadmium yellows, and chromium oxide greens
To illustrate historical trends, total demand, total shipments, the various segments, and trade are provided in annual series from 2006 to 2016.
More information about the report is available at https://www.freedoniafocusreports.com/Pigments-United-States-FF35015/.