Pigment Violet 23 (PV23) is a widely used organic pigment in various industries, such as plastics, coatings, printing inks, and textiles. However, PV23 has been in the spotlight due to its potential health and environmental risks, especially in China.
In recent years, China has tightened its environmental regulations and cracked down on illegal PV23 production. Many small and medium-sized pigment producers have been shut down or forced to upgrade their technology to meet the new standards. This has led to a sharp decrease in PV23 production capacity in China.
According to a report by CBI China, the total capacity of PV23 in China was around 27,000 tons per year in 2019. However, due to the crackdown on environmental violations, the actual production was estimated to be only around 12,000 tons in 2019. The report predicts that the total capacity of PV23 in China will continue to decline in the coming years.
The reduced capacity of PV23 production in China has resulted in higher prices and shortages of supply. Many downstream industries have been affected by the price increase and have had to find alternative pigments or adjust their formulations to reduce the use of PV23.
Overall, the current situation of PV23 in China is characterized by tighter environmental regulations, reduced production capacity, higher prices, and supply shortages.
As a growing pigment producer and supplier from China, Henghao Technology supplies high quality of organic pigments with the total capacity over 8,000 MT yearly including 300tons of Pigment Violet 23.
We are enlisted among the prime Pigment Violet 23 suppliers in China. Our Pigment Violet 23 (Sunfast Violet series) is matched with world famous brand, such as Clariant, DIC, Sun Chemicalet, etc. Our Pigment Violet 23 is widely used in almost all industries and in good demand in the market due to its high performance with reasonable price.
