Metallic Pigments MarketLocation: San Jose, CA
Date: 2019-09-05Metallic Pigments Market is expected to propel US$ XX Mn by 2026 in terms of value with CAGR of XX% in the forecasting period 2018-2026. Metallic pigments are used for printing and for imparting colour to the packaging material. Metallic pigments are inorganic pigments with metallic characteristics. Metallic pigments are utilized for protecting metallic surfaces against corrosion. The metallic particles are mixed with epoxy to create coating shine which reflects light and spread various colours.
Rising 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 colors is for automobiles, to achieve a glossy shine of vehicle.Metallic Pigments MarketMetallic Pigments Market can be segmented by type, application, and region. On the basis of type, Aluminium is the most predominant pigment among all metallic pigments and is accessible for both leafing and non-leafing grades. Aluminum pigments are used as coloring additives. In terms of application, the 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.
On the basis 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 Metallic Pigments Market over the forecast period. The demand for metallic pigments in the Asia Pacific is probably going to ascend at a speedier rate before the finish of 2026.
Key players in the Metallic Pigments Market are BASF, Sudarshan Chemicals, Eckhart Pigments, Schlenk Metallic Pigments, Sun Chemical Performance Pigments, Ferro Corporation and Carlfors Bruk, Toyal America Inc., Asahi Kasei Corporation. Contact Info: 9607365656