Sarasota, FL, May 10, 2017 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Metallic Pigments Market (Aluminum, Zinc, Copper, Stainless Steel, and Others) for Paints & Coatings, Plastics, Personal Care, Printing Inks and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021”. According to the report, global metallic pigments market was valued at USD 781.6 million in 2015, is expected to reach USD 1,121.6 million in 2021 and is anticipated to grow at a CAGR of 6.2% between 2016 and 2021.
Metallic pigments are utilized for protecting metallic surfaces against corrosion. Aluminum, Stainless steel, copper and zinc pigments provide an individual color shade with which gates, masts, frames, doors, and other constructions or equipment parts can be effectively coated.
Browse through 29 Market Tables and 37 Figures spread through 110 Pages and in-depth TOC on “Global Metallic Pigments Market: Industry Size, Share, Trends, Segment, and Forecast 2015-2021”.
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Global metallic pigments market has been witnessing robust growth over the past few years owing to growth in the paints & coatings industry. The architectural paints & coatings market has grown significantly due to growing infrastructural development and construction activities in emerging countries. Furthermore, growth in the automotive sectors has boosted the market for decorative paints & coatings. However, enactment of stringent rules regarding usage of pigments is anticipated to restrict market growth within the forecast period. The beginning of nanotechnology is projected to create lucrative opportunities in the metallic pigments market in the upcoming years.
The metallic pigments market has been segmented on basis of product, end-user, and region. On basis of end-user industries, the market is classified into paints & coatings, plastics, personal care, printing inks and others. Paints & coatings held the largest market share in 2015 followed by personal care segment owing to budding fashion trends in emerging markets such as Asia-Pacific and Latin America.
Browse the full "Metallic Pigments Market (Aluminum, Zinc, Copper, Stainless Steel, and Others) for Paints & Coatings, Plastics, Personal Care, Printing Inks and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021" report at https://www.zionmarketresearch.com/report/metallic-pigments-market
On basis of product, the market is segmented into aluminum, copper, zinc, stainless steel and others. The aluminum metallic pigment held the largest share in 2015 and is expected to grow at highest CAGR in the forecast period. Aluminum pigments are used as coloring additives. Aluminum pigments provide the silvery metallic finish to the substrate and are broadly used in automotive coatings. Growing demand for better sheen and radiant effects is anticipated to drive the segment during the forecast period.
Asia pacific dominated the overall metallic pigments market in terms of revenue in 2015. Asia Pacific is one of the largest consumers of the metallic pigments. Development of paints & coatings, plastics, and printing inks industries in Asia Pacific is likely to boost the metallic pigments market. China has emerged as the one of the leading manufacturers, trader, as well as consumer of metallic pigments in the region. Gradually growing production technology and the presence of strong downstream consumer support within the country have been propelling demand for metallic pigments in the country over the recent years. India is expected to be the second-largest market in terms of demand for metallic pigments.
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Europe was one of the leading players in the metallic pigments market in 2015 followed by North America. Europe and North America is estimated to exhibit stabilized market growth owing to strict governmental regulations regarding volatile organic compounds (VOCs) emissions in the region.
Latin America and Middle East & Africa regions are likely to be emerging markets in coming years due to investments in these regions by global metallic pigments producers. The growth in the region is attributed to growing urbanization and improving fashion trend. Rapid industrialization and rising consumer awareness of low toxicity and sustainability the coloring agents are expected to favor metallic pigments market growth in countries such as Argentina, Brazil, UAE, Saudi Arabia and South Africa.
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Key players operating 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, Umicore and Siberline Manufacturing Co.
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This report segments the global metallic pigments market as follows:
Global Metallic Pigments Market: Product Segment Analysis
- Aluminum
- Zinc
- Copper
- Stainless steel
- Others
Global Metallic Pigments Market: Application Segment Analysis
- Paints & coatings
- Plastics
- Personal care
- Printing inks
- Others
Global Metallic Pigments Market: Regional Segment Analysis
- North America
- U.S.
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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