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The Pigment Market Continues to Grow in 2023

Packaging and inkjet inks continue to be growth markets for pigment suppliers, while raw materials seem to be stabilizing.

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By: DAVID SAVASTANO

Contributing Editor, Coatings World and Ink World, Coatings World and Ink World Magazine

Pigments provide the color for the printed products that are around us. Whether they are colors, blacks or whites, colorants are a critical part of the ink process. It is a sizable market: according to Nikhil Pampatwar, head – research & intelligence at Verified Market Research (VMR), the size of the global organic pigments market was $2.42 billion in 2021, and he is expecting growth at a CAGR of 5.3% during the forecast period of 2022-2030, reaching a value of $3.85 billion. In add...

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