Metallic Pigments Market Study Report Provides An Analysis Of The Industry Trends In Each Of The Sub-Segments From 2012-2022
The
global Metallic Pigments Market is expected to reach USD
1.20 billion by 2022, according to a new report by Grand View Research, Inc.
Transitioning consumer preferences towards fashionable products with enhanced
colors & brilliant visual effects is expected to remain a key driving
factor for this market.
| U.S. Metallic Pigments Market Revenue by product, 2012-2022, (USD Million) |
Technological
advancements have introduced high luster & sparkling effects with increased
durability for automotive OEM processing & paint refinishes. These odorless
pigments are also widely utilized in other expanding end-use industries such as
packaging, cosmetics & printing inks, particularly in emerging economies of
China & India. Increasing consumer awareness regarding sustainability and
environmental friendly nature of these pigments has also benefited the overall
market.
Aluminum
pigment emerged as the leading product segment and accounted for over one third
of the total market volume in 2014. Copper pigments are expected to be the
fastest growing product segment growing at a CAGR of 5.7% from 2015 to
2022.These pigments are rapidly gaining popularity on account of their ability
to impart a unique gold-bronze effect to various substrates.
Full
Research Report On Global Metallic Pigments Market Analysis:
http://www.grandviewresearch.com/industry-analysis/metallic-pigments-market
http://www.grandviewresearch.com/industry-analysis/metallic-pigments-market
Further
key findings from the report suggest:
- Global metallic pigments
market demand was 153.8 kilo tons in 2014 and is expected to reach 228.6
kilo tons by 2022, growing at a CAGR of 6.4%from 2015 to 2022.
- Paints and coatings was
the leading application segment and accounted for 44.2% of total market
volume in 2014. Burgeoning population coupled with evolving fashion trends
in emerging markets of Asia Pacific and Latin America is anticipated to
boost segment growth over the forecast period. Cosmetics are expected to
witness the highest growth of 6.9% from 2015 to 2022.
- Asia Pacific was the
largest consumer and accounted for over 35% of global volume in 2014.
Increasing construction spending in China, India and South East Asian
countries, coupled with regulatory support for eco-friendly products is
expected to drive demand in construction materials and special effect
paints. The region is also expected to witness the highest growth of7.0% over
the forecast period.
- Central & South
America is expected to witness accelerated growth to occupy over 12% of
global market volume by 2022. Upcoming major sporting events such as the
Rio Olympics in 2016 are likely to foster metallic pigments demand in infrastructural
paints & graphic art printing inks in Brazil.
- Metallic pigment industry
is characterized by presence of several prominent market participants with
high level of integration from raw material production to pigment
processing.
- Some leading companies
operating in the global market include BASF, Eckhart Pigments, Asahi Kasei
Corporation, Schlenk Metallic Pigments, Sun Chemical Performance Pigments,
Sudarshan Chemicals, Umicore, Ferro Corporation, Carlfors Bruk, Toyal
America, Inc. and Siberline Manufacturing Co.
View more
reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the metallic pigment market on the
basis of product, application and region:
Global
Metallic Pigment Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012
- 2022)
- Aluminum
- Copper
- Zinc
- Stainless
steel
- Others
Global
Metallic Pigment Application Outlook (Volume, Kilo Tons; Revenue, USD Million,
2012 - 2022)
- Paints
and coatings
- Plastics
- Printing
inks
- Cosmetics
- Others
Global
Metallic Pigment Regional Outlook (Volume, Kilo Tons; Revenue, USD Million,
2012 - 2022)
- North
America
- U.S
- Europe
- Germany
- UK
- France
- Asia
Pacific
- India
- China
- Central
& South America
- Brazil
- Middle
East and Africa
View press
release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-metallic-pigments-market
http://www.grandviewresearch.com/press-release/global-metallic-pigments-market
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more
information: www.grandviewresearch.com
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