Quinacridone Pigments Market Size, Share, Growth Analysis, By Applications(Quinacridone pigments market is slated to record considerable remuneration from the plastics segment. The superior heat stability of these pigments makes them highly suitable for use in vivid plastic colorant applications like ABS, polyester spin dyeing), By End-user segment(Quinacridone pigments market would observe considerable growth from the automotive industry, mainly due to the rising demand for plastics to reduce the vehicle weight and improve the overall fuel efficiency. The segmental growth can also be credited to the growing automobile sales and production worldwide) - Industry Forecast 2024-2031

Segmentation Analysis:

The Quinacridone Pigments Market is segmented by Applications, End-user segment. We are analyzing the market of these segments to identify which segment is the largest now and in the future, which segment has the highest growth rate, and the segment which offers the opportunity in the future.

• Based on Applications the market is segmented as, Quinacridone pigments market is slated to record considerable remuneration from the plastics segment. The superior heat stability of these pigments makes them highly suitable for use in vivid plastic colorant applications like ABS, polyester spin dyeing, polyolefins, and polycarbonate. According to estimates, quinacridone pigments for plastic are available in different forms. Besides, the compound is acid and alkali-resistant, making it stable for use in high voltage and high temperature applications. Moreover, the product is also added to ceramics given its high resistance.
• Based on End-user segment the market is segmented as, Quinacridone pigments market would observe considerable growth from the automotive industry, mainly due to the rising demand for plastics to reduce the vehicle weight and improve the overall fuel efficiency. The segmental growth can also be credited to the growing automobile sales and production worldwide, even amidst the ongoing COVID-19 crisis. In terms of the regional landscape, North America is estimated to emerge as a lucrative growth avenue for quinacridone pigments industry over the stipulated time period. The rise of industrialization and urbanization in American countries can be reasoned to the regional market expansion. Besides, robust expansion in plastics, paints and coatings, and textiles sectors across some of the leading countries, the United States and Canada, is as well positively influencing the demand for quinacridone pigments. Additionally, the presence of prominent automakers in the region would further support the market expansion in the coming years., COVID-19 pandemic impact on quinacridone pigments market size