China, South Korea & US: PolyOne – plastics colorants

China, South Korea & US: PolyOne – plastics colorants

FOCUS thoroughly updates and amplifies the content of the third edition, which was published by IntertechPira in mid2010. There are six chapters, prec...

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FOCUS thoroughly updates and amplifies the content of the third edition, which was published by IntertechPira in mid2010. There are six chapters, preceded by a nine-page executive summary. Chapter 1 defines the scope of the report and provides a brief technical profile of each of the various pigment types. It also notes that all value figures throughout the report are shown in terms of constant-value $US2011, so as to remove uncertainties regarding future currency inflation and exchange-rate fluctuations. The term “highperformance pigment” can be used in a fairly narrow or fairly broad sense. As defined in this report, the term is confined to pigments characterised by high colour strength, insolubility, heat stability and low migration, with very good resistance to light, weather, solvents and bleeding. Phthalocyanines are among the organic pigments embraced here, alongside benzimidazolones, quinacridones, perylenes, disazo condensation pigments, dioxazine violet and diketo-pyrrolopyrrole (DPP). Bismuth vanadate – providing an intense bright yellow, with a greenish shade – is the only inorganic pigment covered within this report. All “effect pigments”, including metallic, pearlescent, goniochromatic (colourvariable), fluorescent, luminescent, infra-red reflective (heat-control), photochromic and thermochromic pigments are also embraced within the scope of this report. Chapter 2 is titled “Industry Dynamics” and provides a perspective on the place of high-performance pigments within the overall framework of colorants. It also contains comments on the key drivers of past consumption: global economic issues, the rise of China and other Asian economies, the impact of environmental and legislative pressures (notably European REACH legislation), trends in raw material costs, fashion and technological developments. The next three chapters provide detailed forecasts of current (2011) and forecast future (2017) consumption of high-performance pigments, with breakdowns by pigment type (Chapter 3), by end-use sector (Chapter 4) and by geographical market (Chapter 5). The final chapter (Chapter 6) devotes 10

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pages to a discussion of the key drivers of future consumption, giving a springboard for the five-year industry forecasts. World consumption of highperformance pigments is expected to increase by about 2.6% per annum in both volume and value terms between 2011 and 2017. This means that consumption will be approaching 170,000 tonnes, worth just over $4.2 bn by 2017. The paint industry will remain the most important end-use sector, accounting for 56% of total demand in terms of tonnage. The plastics industry will account for 22% of the total, printing inks for 10% and cosmetics for 9%. Some of the minor end-use sectors, notably electronics and non-impact printing, will show relatively high growth-rates over the next five years, but they will still account for much smaller tonnages than the four identified major sectors. The effect pigments category is the major contributor to the overall total consumption of high-performance pigments and it is expected to remain so. Currently, effect pigments account for 79% of the total tonnage, while organic pigments account for 20%. Effect pigments account for 57% of the total value, while organic pigments account for 42%. Bismuth vanadate consumption – just over 1500 tonnes, worth $63 M – makes up the balance. There are a number of very detailed spreadsheets for 2011 and for 2017, by volume and by value, with the rows showing pigment types (benzimidazolones, quinacridones, pearlescents, etc) and the columns showing enduse sectors. In 2011, Europe remained the most important geographical market region in terms of high-performance pigments consumption, but only just. In tonnage terms, Europe accounted for 39% of the total world figure, while Asia accounted for 37% and North America (including Mexico) accounted for 22%. By 2017, Asia will have surpassed Europe, while the percentage shares of Europe and North America will have slipped to 37% and 21% respectively. Published data on highperformance pigments is much harder to come by than data on, say, titanium dioxide or carbon black. The spread of pigment products is much wider; the technology for manufacturing and for efficient utilisation of these pigments is arguably more complex; and the

major suppliers normally reveal much less hard data. This latest Smithers Rapra report shines a torch to enlighten all participants in and observers of the high-performance pigments sector. Reg Adams

‘The Future of High-Performance Pigments to 2017: Global Market Forecasts’, 140 pp, 107 charts and tables. Price: £3950/$6300/€4750, which covers one hardcopy plus one electronic copy (in *.PDF format) plus a global intranet licence affording access to everyone in the purchasing entity. Available from: Smithers Rapra, website: http://www.smithersrapra.com/pigments2017 Subscribers to ‘Focus on Pigments’ are entitled to claim a 15% discount on the list price when ordering if they quote the promotional code:

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PLANTS China, South Korea & US: PolyOne – plastics colorants PolyOne recently opened a new “innovation centre” in the Yeongdeungpo-Gu district of Seoul (South Korea), bringing the total of such facilities to eleven. This includes the newly opened facility on the northeastern outskirts of Cape Town, South Africa. (See ‘Focus on Pigments’, Sep 2012, 4). The Seoul “innovation centre” is equipped with a DosiXpress rapid colour development cell, designed to promote sales of products and services from ColorMatrix, which was acquired by PolyOne towards the end of last year. Elsewhere in Asia, PolyOne already has several sales offices and other operations in India, Singapore, Japan, Taiwan and Thailand, and at seven sites in China, namely: Dongguan, Guangzhou, Hong Kong, Shanghai, Shenzhen, Suzhou and Tianjin. At its Shanghai complex, PolyOne plans to install new plant and equipment for making speciality colour concentrates and formulations. In the US, PolyOne has added fused deposition modelling capacity for rapid prototyping at its main plant at Avon Lake, OH. The company has also expanded the capacity of its Suwanee, GA “innovation centre.” Original Source: PolyOne Corp, 200 Public Square, Suite 365000, Cleveland, OH 44114, USA, website: http://www.polyone.com (10 & 13 Sep 2012), © Polyone Corporation 2012

DECEMBER 2012