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Procurement Market Intelligence Report

Pigments
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Pigments?

What is the average price of Pigments?

This procurement report includes pricing information to help you purchase Pigments. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Pigments been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Pigments yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Pigments?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Pigments with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Pigments?

The top four companies in the pigment market collectively account for over 50.0% of market revenue, signifying high market share concentration. High market share concentration is the result of the relatively high capital investments required to establish manufacturing operations, which prevents new suppliers from easily entering the market. Additionally, the... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Policies

How has your company handled market competition? Do you foresee this being a problem in the future?

How does your company react to the volatility of key inputs?

How does your company respond to new regulations limiting chemical production?

How does your company handle periods of decreased demand?

Quality Control

Do you check for quality based upon the volume produced or based upon a certain period of time?

How would you remedy a faulty order? When would I expect a new batch?

How often do you perform maintenance on your machines?

How often do you check for systemic quality control issues?

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Key elements for every RFP

What should my Pigments RFP include?

Project Budget

Buyers should clearly state whether submitted prices should be freight prepaid, FOB destination.

Buyers should inform suppliers of the contracts maximum value, but stress that competitive prices will be prioritized.

Buyers should inform suppliers which additional fees must be included in the big amount.

Selection Criteria

Buyers should prioritize suppliers that have a proven record of fulfilling contracts similar in size and scope.

Buyers should prioritize suppliers that have demonstrated they are financial stable.

Buyers should prioritize suppliers that are able to provide favorable contract terms.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should inform suppliers the date of when the RFP was issued.

Buyers should inform suppliers when proposals are due.

Buyers should inform suppliers the date of when all questions regarding the RFP must be submitted.

Buyers should inform suppliers when the contract announcement will be made.

Evaluate major factors to mitigate risk

How risky is the Pigments supply chain?

There is a medium level of supply chain risk for pigments. Different pigments are made from different chemical compounds. For example, titanium oxide pigments are made from nonferrous metals while iron oxide pigments are made from iron ore. Suppliers of these primary inputs have a medium level of risk because... Subscribe to learn more.

HIGH

MEDIUM

LOW