Global Pearlescent Pigment Market 2018-2022
About Pearlescent Pigment
Pearlescent pigments are special kind of pigments that belong to the fluorescent and phosphorescent pigments category. These pigments are made from naturally from fish scales or synthetic mica platelets or artificial glass substrates followed by semitransparent layers of metal oxides. They deliver superior whiteness, shine: and coverage with extraordinary optical effects ranging from a fine-grained luster to a bold silvery-white sparkle. Due to the properties like multiple reflections and refractions, the pearlescent pigments exhibit a lustrous sheen, pearl-like gloss, and high refractive coefficients. When coated with transparent substances like mica oxide, dye: or carbon black powder, the sheen and gloss effects can be tremendously increased. Due to its excellent properties, it is highly recommended in general industrial coatings, plastics, and printing ink applications.
Technavio’s analysts forecast the global pearlescent pigment market to grow at a CAGR of 4.58% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global pearlescent pigment market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of pearlescent pigment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Pearlescent Pigment Market 2018-2022
Technavio recognizes the following companies as the key players in the global pearlescent pigment market: ALTANA, BASF, CHESIR, Merck, Sudarshan Chemical Industries, and Sun Chemical.
Other Prominent Vendors in the market are: CRISTAL, Kuncai Americas, NIHON KOKEN KOGYO, Oxen Special Chemicals, and Sinoparst Science and Technology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is FDA approval for use in cosmetics and personal care products. The FDA has approved the use of pearlescent pigments and effect-enhancing pigments in cosmetics and personal care products. It has also approved the use of mica flakes coated with titanium dioxide and other colorants in cosmetic products. The mica-based pearlescent pigments are identified to be free from certain harmful substances like lead, arsenic, and mercury. Although the FDA has fully restricted the use of color additives in personal care and cosmetic substances, it is not likely to pose a threat to the growth of the market.”
According to the report, one of the major drivers for this market is excellent functional properties. Pearlescent pigments are special pigments that belong to the same class as fluorescent and phosphorescent pigments. They are termed as pearl pigments mainly due to their excellent shine and radiance. It is extensively used in automotive sector, paints and coatings applications, construction industry, printing inks, plastics, cosmetics, decorative paints, and architectural coatings applications due to its innate functionalities.
ALTANA, BASF, CHESIR, Merck, Sudarshan Chemical Industries, Sun Chemical, CRISTAL, Kuncai Americas, NIHON KOKEN KOGYO, Oxen Special Chemicals, and Sinoparst Science and Technology.