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U.S. aluminum-based metallic pigments market to hit $185mn by 2024

Author : Ronak Bora | Published Date : 2019-08-09 

U.S. aluminum-based metallic pigments market may surpass USD 185 million in the predicted timeframe. These products are witnessing rising demand from automotive & decorative coatings and cosmetics industries. They are found in flakes or platelets forms providing several aesthetic features such as high color flop and metallic brilliance which may stimulate metallic pigments market growth.

Germany copper based metallic pigments market from printing ink applications may witness gains at over 6.5% by 2024. These products are used in the manufacturing of green, cyan, reddish blue, violet and pink printing inks. Copper and zinc alloys are also used to produce gold-bronze metal inks which may further boost industry growth.

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The rising momentum of the automotive and construction sectors has been pivotal to the growth of the metallic pigments market that has registered increased demand lately due to the rising interest in enhanced aesthetics. Metallic pigments are becoming popular due to the enhanced visual effect that they offer in plastics, paints, coatings and inks. With a substantially improving macro-economic environment in Europe and North America as well as greater purchasing power of consumers in Asia-Pacific, metallic pigments market outlook has been witnessing increasing demand across the globe.

With the phenomenal growth of the metallic pigments market, pigment suppliers have been shaping new technologies to suit the industry needs for coatings and paint formulators. Such products, which can create mirror and chrome like finishes are rapidly gaining momentum in the industry. Parameters like increased competition and demand for enhanced performance are also urging metallic pigments market players to increase investment in research and development programs.

Prominent pigment manufacturers are striving to bring about innovation in their product range by committing towards value addition in the basic metallic pigment properties instead of producing just a one-dimensional metallic pigment. Aided by the efforts of eminent product developers and the expansion across end-use sectors such as automotive and construction, metallic pigments market is predicted to register commendable growth over 2018-2024.

Metallic pigments market share is competitive and fairly fragmented among several key manufacturers including Sun Chemical Corporation, BASF SE, Toyo Aluminum K.K., Clariant, Carl Schlenk AG and Silberline Manufacturing. Prominent industry participants have adopted the strategy of frequent product launches in order to improve customer satisfaction and promote market growth. Moreover, manufacturers are also investing in technological innovation to improve product quality and ensure regulatory compliance.

Glimpse of Table of Content (ToC)

Chapter 3    Metallic Pigments Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2013-2024

3.3    Industry ecosystem analysis

3.3.1    Vendor matrix

3.3.2    Distribution channel analysis

3.3.2.1    Collaboration/partnership

3.3.2.2    Distributors

3.3.2.3    Suppliers

3.4    Raw material analysis

3.4.1    Aluminium

3.4.2    Copper

3.4.3    Zinc

3.4.4    Nickel

3.4.5    Stainless steel

3.5    Pricing analysis

3.5.1    Stainless steel

3.5.2    Copper

3.5.3    Aluminium

3.5.4    Zinc

3.5.5    Nickel

3.6    Technology landscape

3.7    Innovation & sustainability

3.8    Regulatory landscape

3.8.1    U.S.

3.8.2    Europe

3.9    Industry impact forces

3.9.1    Growth drivers

3.9.1.1    North America: Booming automotive sector

3.9.1.2    Asia Pacific: Increasing packaging, plastics, and printing inks industry

3.9.1.3    Europe: Growing demand for paints & coatings industry

3.9.1.4    LATAM: Rising consumer awareness of sustainable and led toxic coloring agents

3.9.2    Industry pitfalls & challenges

3.9.2.1    Stringent environmental regulations on VoCs and particulate discharge

3.10    Growth potential analysis, 2017

3.10.1   Emerging business model

3.10.1.1    New product launch

3.10.1.2    Joint Venture

3.10.1.3    Acquisitions

3.11    Porter’s analysis

3.12    Competitive landscape, 2017

3.13    Company market share analysis, 2017

3.13.1   Strategy dashboard

3.14    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/metallic-pigments-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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