The growth of the pigment market is driven by its application in the industries, such as paints and varnishes, construction, polymer, automotive, and others. They are extensively used in paint, varnishes and ink industry to add color, and reflect or transmit light. In addition, pigments can also alter or modify some of the properties, such as heat resistance, light fastness, transparency, opacity, refractive index, pH value, oil absorption and hiding power of the material they are applied on. For these reasons, the application of pigments are widespread across automotive, paints and coating, plastics, dye, printer ink, paper, construction and cosmetics industries.
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