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The most important application segment is coatings, with automobile coatings accounting for the majority of revenue. According to the India Brand Equity Foundation, a trust established by the Department of Commerce, Ministry of Commerce and Industry, and the Government of India, the High-Performance Pigments Market would increase at a CAGR of 25% between 2012 and 20. This is expected to increase growth in the automotive coatings subsegment. Polyvinylidene difluoride (PVDF) architectural coatings resist fading, moisture, chalking, abrasion, and chemicals while preserving gloss, color, and appearance. They're often used in metal roofing, wall panel systems, and other places. Increasing demand for polyvinylidene difluoride (PVDF) architectural coatings is also driving coatings application growth in the High-Performance Pigments Market.
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Source Link @ https://www.coherentmarketinsights.com/market-insight/high-performance-pigment-market-1016