Global Pigments Market: Construction Boom in Key Regions Solidifies Demand Growth, notes TMR
BASF SE, DIC Corporation, and Altana AG, collectively held a share of 30% in the global pigments market for 2015, according to analysis carried out by Transparency Market Research. Along with the significant market share taken up by these three leaders, the global pigments market will still exhibit a highly competitive landscape. Due to its highly fragmented nature, no player in the market may be able to show a high profit margin. The global pigments market shows a highly integrated value chain, mixed with intense rivalry at a regional level as well as among the leading participants in the global pigments market. According to TMR, it is unlikely for this degree of competition to wane over the given forecast period between. Among the key participants, Altana AG has a strong global presence and operations across nearly 100 countries. The company accounts for the singular dominant share in the global market for 2014. Asia Pacific Prospects Deemed Lucrative Amid P...