Press release
Special Effect Pigments Market Outlook to 2024 by Global Key Points Like BASF SE, Clariant, ALTANA, Huntsman International LLC., DIC CORPORATION, Merck KGaA, GEOTECH, Sensient Colors LLc., Kolortek Co., Ltd and More
"Global Special Effect Pigments Market"
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Global Special Effect Pigments Market accounted for USD 747.2 million in 2016 and is projected to grow at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Competitors:
Some of the major players operating in special effect pigments market are BASF SE, Clariant, ALTANA, Huntsman International LLC., DIC CORPORATION, Merck KGaA, GEOTECH, Sensient Colors LLc., Kolortek Co., Ltd, Cabot Corporation,Kobo Dynamic, Ferro Corporation, Du Pont, DayGlo Color Corp., Flint Group Pigments, CARLFORS BURK, The Chemours Company and TOYOCOLOR CO., LTD. among others.
Market Definition:
Special effect pigments have special enhancements to various substrates which increase their quality. A special effect pigments can show a wide range of properties such as reflecting or refracting of light and color travel. The most broadly utilized shades are created from silver, titanium, and platinum. They are used in printing inks, paints & coatings, plastics and cosmetics.
Major Market Drivers:
Growing demand for product differentiation
Growing demand for plastics and paints & coatings industries
Increasing demand for personal care and cosmetics industries.
Restraints:
Variability in raw material prices
Strict government regulations due to toxic metals
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Market Segmentation:
On the basis of type, global special effect pigments market is segmented into metallic pigments and pearlescent pigments. Metallic Pigments is sub segmented into aluminum, gold, bronze, chrome, silver and pearlescent pigments is sub segmented into mica base, titanium dioxide.
On the basis of effect, global special effect pigments market is segmented into fluorescent, pearlescent and phosphorescent.
On the basis of application, global special effect pigments market is segmented into printing inks, paints & coatings, plastics, cosmetics.
On the basis of geography, global special effect pigments market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
Competitive Analysis:
The global special effect pigments market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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Research Methodology:
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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