Metallic Pigments - Global Market Outlook (2017-2026)
According to Stratistics MRC, the Global Metallic Pigments market is accounted for $885.63 million in 2017 and is expected to reach $1,860.78 million by 2026 growing at a CAGR of 8.6% during the forecast period. Increase in demand from automotive coatings, growing demand from printing inks and packaging industry and rising environmental concerns have led to adoption of green coating methods are some of the key driving factors for the market growth. However, strict regulations about heavy and toxic metals and huge price of metallic pigments are hindering the growth of the market. Developing adoption of water-borne basecoats in paints and coatings industry and lack of product differentiation are the trends for the market.
Metallic pigments are used in a wide variety of coating applications. Metallic pigments are inorganic pigments among metallic characteristics. These pigments are flake-shaped metallic particles which are accessible as pastes, powders, pellets, suspensions or color concentrates. Metallic pigments generally consist of aluminium, gold, zinc, bronze, stainless steel, and nickel. These pigments are used in anticorrosion, heat resistant, reflective and conductive coatings.
By product, Aluminium is driven by the quick rise in their demand from different applications such as printing inks, paints & coatings and plastics across industrial and automotive sectors. Aluminium is a major pigment between all metallic pigments and is available for both leafing and non-leafing grades and in a variety of particle sizes, enabling the manufacture of various shades such as chrome and sparkle effects.
Based on geography, Asia Pacific is anticipated to dominate the market due to rising construction costs in China, India and South East Asian countries, joined through regulatory support for eco-friendly products is likely to drive demand in construction materials and special effect paints.
Some of the key players in global Metallic Pigments market include Metaflake Limited, Geotech International B.V., Umicore N.V., Carl Schlenk AG, Zhangqiu Metallic Pigment Co. Ltd., ALTANA AG, Toyal America, Inc., AMETEK, Inc., Asahi Kasei Corporation, Toyal America, Inc., The Metal Powder Company Ltd., BASF SE, Coprabel S.A., Silberline Manufacturing Co., Inc., Sun Chemical Corporation, Kolortek Co. Ltd., Sudarshan Chemicals, Schlenk Metallic Pigments, Eckhart Pigments and Ferro Corporation and Carlfors Bruk.
• Stainless steel
• Other Products
• Printing inks
• Paints & Coatings
• Personal Care
• Other End-Users
• North America
Rest of Europe
• Asia Pacific
Rest of Asia Pacific
• South America
Rest of South America
• Middle East & Africa
Rest of Middle East & Africa
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- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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