Press release
Aluminum Pigments Market with Regional Assessment of 2024
Paints and coatings was the largest end-user industry of the global aluminum pigments market in 2015, with a market share of over 45% in terms of volume. Plastics, personal care, and printing inks were the other prime end users of aluminum pigments at the time. Competitively speaking, the global aluminum pigments market is dominated by large and mid-sized players, with little scope of entry for new players. Altana AG, Silberline Manufacturing Co. Inc., Carl Schenk AG, and three others held about 48% of the global aluminum pigments market in 2015, showing the high level of consolidation that new entrants will have to tear through.
Read Report Overview @ https://www.transparencymarketresearch.com/aluminum-pigments-market.html
In coherence with the above points, the global aluminum pigments market is expected to be valued close to US$581 mn by 2024. It is projected to expand at a CAGR of 6.4% between 2015 and 2024 in terms of revenue, and stood at US$332 mn in 2015. In terms of value, the global aluminum pigments market was estimated at nearly 47 kilo tons in 2015.
Auto Industry’s Demand for Aluminum Pigments Leads Companies to Asia Pacific for Better Opportunities
Aluminum pigments have always witnessed high demand in paints and coatings manufacturing, owing to the wide scope of utility they offer. Aluminum pigments impart smoother surfaces and metallic finishes to paints and coatings along with other highly sought-after physical properties. These pigments are largely concerned with the aesthetic side of paints and coatings, which means that nations with a low economic situation will not hold a feasible market for its consumption. On the other hand, major nations in Asia Pacific and Latin America are currently showing a very high rate of industrial development. China especially is showing a very high demand for aluminum pigments owing to its rapidly growing production and consumption rate of automobiles.
Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12047
Additionally, consumers in the Asia Pacific region are showing a steadier growth in disposable income, which is allowing them to opt for better quality of products and higher aesthetics. This applies to automobiles as well, consequently creating a much higher demand for aluminum pigments and specialized coatings.
About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aluminum Pigments Market with Regional Assessment of 2024 here
News-ID: 1131227 • Views: …
More Releases from Transparecny Market Research
Global Microgrid Controller Market Forecast 2024-2034 - Market Size, Drivers, Tr …
The global microgrid controller market is witnessing significant growth as decentralized energy systems gain traction. Microgrid controllers, the nerve centers of microgrids, manage distributed energy resources (DERs), ensuring efficient energy distribution, storage, and consumption. These systems provide resilience, optimize costs, and integrate renewable energy sources like solar and wind into the grid seamlessly.
The market is projected to grow at a robust compound annual growth rate CAGR 12.8 from 2024 to…
Lithium Tantalate Crystal Market to hit USD 790 million by 2027, Says Transparen …
The Lithium Tantalate Crystal Market has been witnessing a substantial surge from 2019 to 2027, attributed to its diverse applications across various industries. Lithium Tantalate (LiTaO3) crystals find extensive usage in electronics, telecommunications, and optoelectronics owing to their exceptional piezoelectric and electro-optic properties.
Lithium Tantalate Crystal market is expected to reach a valuation of US$ 790 million by the end of the forecast period, which spans from 2019 to 2027. Additionally,…
North America Climbing Gym Market Size & Share to Surpass USD 1.9 billion by 203 …
The global North America Climbing Gym Market (سوق التسلق في أمريكا الشمالية) has been sailing through robust waters, witnessing a valuation of US$ 947.7 million in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 8.5% from 2023 to 2031. By the end of 2031, the industry is expected…
Multi-functional Printer Market is expected to grow at 7.2% of CAGR through 2023 …
The global Multi-functional Printer Market (複合機市場) has been sailing through robust waters, witnessing a valuation of US$ 31.2 billion in 2022. As we set our sights on the horizon, the market is poised to embark on a journey of steady growth, with a projected Compound Annual Growth Rate (CAGR) of 7.2% from 2023 to 2031. By the end of 2031, the industry is expected to anchor at an impressive US$…
More Releases for Aluminum
New Aluminum Material-Aluminum Foam Application Summary
Aluminum Foam [https://www.beihaicomposite.com/aluminum-foam-tag/] Characteristics
Ultra-lightness
The density is 0.2~0.4g/cm3, which is about 1/10 of the density of aluminum, 1/20 of the density of titaNium, 1/30 of the density of steel, 1/30 of the density of steel, and 1/3 of the density of wood.
Sound Absorbability
Aluminum foam [https://www.beihaicomposite.com/about-us/] can be used to muffle and reduce noise by absorbing sound energy through the vibration of the pores' walls.
Heat resistance
It has high heat resistance; the general…
5083 medium-thick aluminum plate 5083 marine aluminum plate 5083 automotive alum …
5083 aluminum plate（https://www.mingtai-al.com/5083-Aluminum-Sheet.html） is a typical aluminum-magnesium alloy with light weight and high strength. With its excellent performance, it can be widely used in many industries such as automobile manufacturing, shipbuilding and rail transportation. With the vigorous development of lightweight, the demand for 5083 medium-thick aluminum plate in aluminum tank trucks and marine aluminum plates has increased.
5083 medium-thick aluminum plate-5083 marine aluminum plate-5083 automotive aluminum plate manufacturer introduction
In recent years,…
Yocon Aluminum Announces Availability of 3003 Aluminum Coil
Yocon Aluminum, a leading supplier of aluminum coil products in China, today announced the availability of 3003 aluminum coil. The company's new product is made from high-quality, mill-finished 3003 alloy and features excellent formability, weldability, and corrosion resistance. It is ideally suited for a wide range of applications in the transportation, construction, and industrial markets. With its outstanding properties, 3003 aluminum coil is quickly becoming a preferred choice for customers…
Yocon Aluminum china factory offers 3003 Aluminum Coil
Yocon Aluminum china factory is proud to offer 3003 aluminum coil. This high-quality product is perfect for a variety of applications, and we are confident that you will be satisfied with its performance. We are committed to providing our customers with the best products and services possible, and we look forward to helping you meet your needs. Contact us today to learn more about our 3003 aluminum coil!
In an effort…
Yocon Aluminum Supplies Aluminum Foil Coils for Major Appliances
Yocon Aluminum, a leading manufacturer and supplier of aluminum foil coils, has announced that they are now supplying major appliance manufacturers with their high-quality aluminum foil coils. With over forty years of experience in the industry, Yocon Aluminum is known for their dedication to quality and customer satisfaction. Their products are used in a variety of applications, including air conditioners, refrigerators, and freezers. When it comes to choosing a supplier…
Aluminum Frp Market Size, Status and Global Outlook 2021-Shandong Nanshan Alumin …
The MarketInsightsReports has published the obtainability of a new statistical data to its repository titled as, Aluminum Frp market. The comprehensive report provides useful insights into Market growth, revenue, and market trends, in order to enable readers to gauge market scope more proficiently. Furthermore, the report also sheds light on recent developments and platforms, in addition to distinctive tools, and methodologies that will help to propel the performance of industries.…
