Metallic Pigments Market


Posted September 27, 2018 by supriyaghuge95

Metallic pigments are used for printing and for imparting colour to the packaging material. Metallic pigments are inorganic pigments with metallic characteristics.

 
Metallic Pigments Market (by Type (Aluminum, Zinc, Copper, Stainless Steel, Others)-by Application (Paints & Coatings, Plastics, Personal Care, Printing Inks, Others) –by Geography (North America, Europe, Asia Pacific, Middle East & Africa and Latin America)) – is expected to reach US$ 2.4 Bn by 2026 at a CAGR of 6.7%.

The rise in demand for Specialty Metallic Pigments by industries such as automotive, paints and coatings, coupled with the stretch in the construction industry is the prime driver of the market. The growing demand from packaging industries to enhance the glamorous element of packaging is another driver of the market. The most popular use of metallic colours is for automobiles, to achieve a glossy shine of vehicle. The availability of advanced colour shades, enhanced appearance of packaged items and increased product differentiation may have a positive impact on the suitability of metallic pigments for packaging applications. These products are witnessing high demand from the printing ink industry owing to their suitability with a wide range of surfaces such as plastic, paper & cardboard and gloss improvement.

Aluminum Pigments to Lead in terms of Demand during 2018-2026

In terms of type, Aluminium is the most predominant pigment among all metallic pigments and is accessible for both leafing and non-leafing grades. Aluminium pigments are used as colouring additives. High product demand for marine & protective paints, flakes used in the automotive industry and mechanical plating of nuts & bolts is likely to stimulate market growth. Copper based metallic pigments market witness high demand from automotive coating, resins, nail polish and paints industries which is predicted to boost market size. Copper pigment is one of the swift developing product segments.

The global metallic pigments market is dominated by paints and coatings during 2018-2026

In terms of application, the global metallic pigments market was dominated by paints and coatings. The demand for metallic pigments is set to increase by the end of 2026. The fastest growing application segment of the global metallic pigments market is expected to be personal care in the near future.

The Asia Pacific has emerged as the largest market for Specialty Metallic Pigments in 2017

In terms of region, Asia Pacific has emerged as the largest market for Specialty Metallic Pigments followed by North America and Europe. The region is also anticipated to emerge as the fastest growing market over the forecast period. The demand for metallic pigments in Asia Pacific is probably going to ascend at a speedier rate before the finish of 2026. The rise in demand from emerging economies in the Middle East and Africa and Latin America will enable the market to gain pace in the coming years. Europe metallic pigments market demand, driven by Germany, UK, France, and Italy may witness significant gains at over 6% in the forecast timeframe.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as BASF, Sudarshan Chemicals, Eckhart Pigments, Schlenk Metallic Pigments, Sun Chemical Performance Pigments, Ferro Corporation and CarlforsBruk, Toyal America Inc., Asahi Kasei Corporation., ALTANA AG, Sigma Technologies Int’l, LLC, Kolortek Co., Ltd, AMETEK.Inc., and COPRABEL S.A.

https://www.maximizemarketresearch.com/market-report/metallic-pigments-market/11666/
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Last Updated September 27, 2018