The
global metallic pigments market was valued US$736.2 million in 2014.
The market is expected to reach a value of US$1,286 million by 2023,
if it can maintain an estimated CAGR of 6.4% from 2015 to 2013.
According to a report released by Transparency Market Research,
titled “Metallic Pigments - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2015 - 2023”, the market’s primary
growth driver has been growing demand for aluminum.The report states
that aluminum was the largest product segment of the global metallic
pigments market in 2014.
Browse
the full Metallic Pigments Market report at:
http://www.transparencymarketresearch.com/metallic-pigments-market.html
A
majority of the market was taken up by plastics, printing inks,
coatings, and paints that were based on aluminum pigments. Aluminum
was the preferred metal due to the visual appeal that it brought out.
In comparison, 15% of the 2014 global metallic pigments market was
held by copper, which is used to apply a gold bronze finishing to
products. Copper pigments are in larger use in the application
segments of personal care and printing inks. Other major product
segments include chromium and stainless steel.
Among
the various end users, the global metallic pigments market was
dominated by paints and coatings. Automotive OEM and refinish
coatings make major use of metallic pigments, along with
architectural projects. Due to the corrosion resistance provided by
metallic pigments, they are also used in marine coatings.The global
metallic pigments market in 2014 had printing inks as the second
largest end-use segment. Printing inks were used as offset inks and
in flexography, gravure, and digital inks. The demand for metallic
pigments is set to increase by the end of 2023.The fastest growing
end-use segment of the global metallic pigments market is expected to
be personal care in the near future. Demand for metallic pigments
from building materials and plastics are expected to remain stable
for the report’s forecast period.
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a Brochure of this Report :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2315
The
report’s geographical segmentation of the global metallic pigments
market reveals Asia Pacific as the largest consumer. The region held
over 30% of the market in 2014, and the report expects it to maintain
its lead for the time being. The region’s growth is mainly
attributed to a high demand for plastics, printing inks, and paints
and coatings.Europe and North America, on the other hand, are set to
show a declining demand from the global metallic pigments market. The
primary restraint on the market is the increasingly stringent
environmental protection regulations employed by the region’s
governing bodies.MEA and Latin America are expected to be the new
emergent regions in the market, as they continue to show growing
requirement for metallic pigments. However, the demand is still
reportedly less and could possibly fall by the end of 2023.Some of
the top companies operating in the global metallic pigments market
are Asahi Kasei Corporation, Silberline Manufacturing Co., Carl
Schlenk AG, BASF AG, and ALTANA AG.
Most
metallic pigments are used to provide finishing touches to a surface.
They add protection for the surface from external elements and
increase its appeal by providing ductility, opacity, glossy metallic
finish, and a wider range of colors.
Key
segments of the Global Metallic Pigment Market
The
metallic pigments market has been divided into the following
segments:
Metallic
Pigments Market - Product Segment Analysis
Aluminum
Zinc
Copper
Stainless
steel
Others
(Including nickel, etc.)
Metallic
Pigments Market - End-user Analysis
Paints
& coatings
Plastics
Personal
care
Printing
inks
Others
(Including construction materials, etc.)
Metallic
Pigments Market - Regional Analysis
North
America
- U.S.
- Rest of North America
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia
Pacific
- China
- India
- ASEAN
- Rest of Asia Pacific
Latin
America
- Brazil
- Rest of Latin America
Middle
East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Browse
the full Press Release :
http://www.transparencymarketresearch.com/pressrelease/metallic-pigments-market.htm
About
Us
Transparency
Market Research (TMR) is a global market intelligence company,
providing global business information reports and services. Our
exclusive blend of quantitative forecasting and trends analysis
provides forward-looking insight for thousands of decision makers.
TMR’s experienced team of Analysts, Researchers, and Consultants,
use proprietary data sources and various tools and techniques to
gather and analyze information.
Our
data repository is continuously updated and revised by a team of
research experts, so that it always reflects the latest trends and
information. With a broad research and analysis capability,
Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research
material for business reports.
Contact
Mr.
Nachiket Ghumare
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State Street, Suite 700
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NY 12207
Tel:
+1-518-618-1030
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