Introduction – Beyond Single Sources: A New Era in Plant-Based Protein Innovation | Market Minds Advisory

The global plant-based protein market is undergoing a profound transformation. According to Market Minds Advisory, the market projected to grow from $19.6 billion in 2024 to $43.5 billion by 2034 at a CAGR of 9.6%, this market is more than a dietary trend—it represents a re-engineering of food systems, sustainability narratives, and nutritional strategies.

Paints and Coatings industry expected to drive the consumption of Arylamide Pigments

The global Arylamide Pigments market demand is experiencing remarkable growth, with projections indicating a significant increase in market value from USD 12.9 billion in 2023 to USD 24.2 billion by 2033. This growth is driven by a compound annual growth rate (CAGR) of 6.49% from 2024 to 2034, highlighting the expanding application and demand for these pigments across various industries.

Arylamide pigments are a specialized class of organic pigments known for their vibrant colors and exceptional stability. These pigments are characterized by their high resistance to heat, light, and chemicals, making them ideal for use in demanding environments. Arylamide pigments are commonly utilized in a range of applications, including automotive coatings, textiles, plastics, and printing inks. Their versatility and durability contribute to their increasing adoption in various end-use industries.

Arylamide Pigments Value and Growth Projections

The Arylamide Pigments market is valued at USD 12.9 billion in 2023 and is projected to expand significantly over the next decade. By 2033, the market is expected to reach USD 24.2 billion, driven by a robust CAGR of 6.49%. This growth trajectory reflects the increasing demand for high-performance pigments that offer superior color quality and longevity.

Prominent Drivers of the Arylamide Pigments Market

Rising Demand from the Automotive Industry: The automotive sector is a major contributor to the growth of the Arylamide Pigments market. The need for durable and visually appealing coatings to enhance the aesthetic appeal and longevity of vehicles is driving the demand for these pigments. Arylamide pigments offer excellent color retention and resistance to environmental factors, making them a preferred choice for automotive manufacturers.
Growing Textile and Apparel Sector: The textile and apparel industry is increasingly adopting Arylamide Pigments due to their ability to deliver vibrant and long-lasting colors. As consumer preferences shift towards high-quality and durable textiles, the demand for Arylamide Pigments in fabric dyeing and printing applications is on the rise.
Advancements in Printing Technologies: Innovations in printing technologies, such as digital and screen printing, are fueling the demand for Arylamide Pigments. These pigments provide exceptional color performance and stability, making them suitable for various printing applications, including packaging, labels, and advertising materials.
Increased Focus on Sustainability: There is a growing emphasis on sustainable practices across industries, including the pigments sector. Arylamide Pigments are increasingly being favored for their low environmental impact and long-term performance. As companies strive to meet sustainability goals, the adoption of eco-friendly pigments is expected to rise.

Who are the Key Manufacturers and Suppliers of Arylamide Pigments?

Some of the leading manufacturers and suppliers of the product include

BASF SE
CHROMA AUSTRALIA PTY. LTD.
Hoechst AG
Hangzhou Han-Color Chemical Co. Ltd.
Sudarshan chemical Industries Limited
SpecialChem
Anupam Colours & Chemical Industries
Skychem Corporation limited
SAURADIP
K. SAKAI & Co. Ltd

Key Segments

By Type:

Arylamide Yellow
Arylamide Red
Arylamide Orange
Others

By End User Industry:

Paper Industry
Printing Inks
Paints & coatings
Textiles
Plastic
Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Ethylbenzene Industry Size, Share & Demand by 2034 | Future Market Insights, Inc.

According to Future Market Insights, Inc., the increasing use of ethylbenzene in end-use industries such as packaging, electronics, construction, and agriculture is expected to boost the growth of the global ethylbenzene market during the forecast period. The global ethylbenzene industry is expected to secure US$ 32,508 million while exhibiting a 3.5% growth rate during the forecast period. The market is estimated at US$ 21.3 Billion in 2021 and US$ 23,053.6 million in 2024. The growth of the market can be attributed to the extensive usage of ethylbenzene for the production of styrene.

On the contrary, the increasing concerns related to ethylbenzene hazards are expected to hinder market expansion in the coming time. In addition to this, stringent rules and regulations of various governments regarding the usage of ethylbenzene are other factors projected to hamper the industry growth in the forecast period.

Key Takeaways from the Market Study

• By application of ethylbenzene for gasoline is in line to take up 43.8% of the industry share in 2024
• By end-user industry, the construction segment is to expand at a 3.0% growth rate during the forecast period.
• The US market to record a 2% CAGR from 2024-2034
• Market in China to expand at a 3.9% growth rate during the assessment period

“The increasing demand of ethylbenzene for expansion of petrochemical industry across the globe is expected to drive the market in the forecast period. Also, the development of automotive, construction and packaging industries is projected to play a vital role in strengthening the market.”

Competitive Analysis

Eminent players in the global ethylbenzene market include IHS Inc., International Finance Corporation, 3E Company, CMO Software, and Enablon North America Corporation, among others. In addition, the vendors are likely to leverage upgradation and product differentiation to gain an edge over other competitors in the market.

Recent key developments among players include:
• In April 2021, – Honeywell announced a new refinery configuration developed by Honeywell UOP to produce a cleaner-burning gasoline product that meets increasingly stringent fuel regulations, including the Euro V standard, which limits sulfur content and restricts carbon emissions from gasoline and diesel vehicles.
• In May 2021– INEOS Styrolution, the global leader in styrenics, celebrates 90 years of polystyrene, a material that has significantly contributed to societal well-being for almost a century. Polystyrene became one of the first commercially available polymers enabling a wide range of products that enhance our daily lives. Polystyrene is made for recycling, making it the material of choice for the future.