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 ?
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?
Experience and Expertise
How long have you provided these products to your longest-tenured client?
What qualifications does your staff have and what measures do you take to keep those qualifications up to date?
What industry do you most commonly supply this product for?
To what extent will ordering multiple products from your firm allow me to save on costs?
What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?
Supply Chain Risk
Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
Has the availability of raw materials tightened due to the coronavirus outbreak?
Over the past three years, what percentage of your revenue has been dedicated to labor?
How have fluctuations in input prices affected the prices of your products during the past three years?
How do you mitigate sudden price increases in raw materials?
When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?
How, if at all, has your supply chain been affected by import tariffs levied in 2018?
How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?
How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?
What ongoing training procedures do you provide for your staff?
Have you ever been found to be noncompliant with regulatory frameworks?
Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
What pigment compositions does your company offer?
To what extent are your pigments resistant to heat and chemicals?
Do your pigments fit my end-use application?
How long will your pigments last after application?
Do you have alternative products that would fit my needs?
Do you source materials with high exposure to market disruptions resulting from the coronavirus pandemic? How are you coping with these disruptions?
How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?
Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?
Are you experiencing fluctuations in demand as a result of the coronavirus pandemic? What measures are you taking to handle increased/reduced demand?
Do your pigments have a high degree of insolubility?
How does insolubility differ among your pigment offerings?
Do your pigments have a high level of lightfastness?
What is the particle size of your pigment powders?
What percentage of your pigment product is composed of mineral contaminants?
Scope of Operation
How many different product lines do you produce?
Do you produce products related to pigments, such as binders and dispersing agents?
What proportion of your business is dedicated to pigments?
How long have you been involved in the pigments market?
In how many locations does your company operate?
Where is your company headquartered?
How has your company handled market competition? Do you foresee competition 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?
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?
What is your company's delivery schedule?
What is the typical shipping time for an order of pigments?
What are the typical shipping costs for an order of pigments?
What are your company's freight terms?
Will you have any difficulty delivering pigments to my location? What provisions do you make for lost or damaged items?
How does your company package pigments for delivery?
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Key elements for every RFP
What should my RFP include?
Buyers should clearly state whether submitted prices should be FOB destination, freight prepaid and allowed.
Buyers should inform suppliers of the contract’s maximum value, but stress that competitive prices will be prioritized.
Buyers should inform suppliers which additional fees must be included in the total amount.
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 financially 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.
Buyers should inform suppliers of the date 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 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. Upstream suppliers of these primary inputs have a medium level of risk... Subscribe to learn more.