Press release
Cadmium Pigments Market Analysis by 2026 | Leading Key Players BASF, LANXESS, James M. Brown Ltd., Hunan Jufa Technology, Huntsman Corporation, Proquimac, Clariant, Chemovoa
• Cadmium pigments market size, historical from 2015-2019 and annual forecast from 2020-2026.
• Major cadmium pigments industry trends, technology evolution, economic indicators and business challenges.
• Regulatory and geopolitical trends impacting the industry.
• Business drivers and pitfalls impacting key regional markets.
• Competitive landscape of the industry and detailed profiles on the major companies.
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Rising applications in ceramics and glasses, industrial paints, along with conventional use in plastics will significantly drive cadmium pigments market share over the forecast year. Cadmium pigments are inorganic colouring compounds that can be manufactured in a range of brilliant shades of orange, red, yellow, and maroon. Cadmium pigments today are produced in regulated chemical plants with full health and safety and environmental permits under high care management.
Cadmium red would account for a considerable stake in the overall cadmium pigments market share. The pigment is a result of reaction between cadmium sulfide and selenium which consists of nearly 15% to 30% selenium and boasts of high hiding power and good permanence. These properties enable it to be widely used as a commercial product since 1919. However, its use might be banned in the European Union in the near future due to toxicity associated with it.
Ceramics and glasses applications are likely to accrue substantial gains over the forecast period owing to the cadmium pigments’ exceptional ability to withstand high processing and service temperatures. This makes them a perfect choice for ceramics glazes, porcelain enamels, and colour ranges of glasses. Addition of 0.5% by weight of cadmium pigment can produce bright transparent glasses with colour ranging from intense yellow to ruby red based on the composition.
The United States is anticipated to emerge as a lucrative growth ground for cadmium pigments market. Increasing automobile production and sales and rise in construction activities would drive the regional growth in the upcoming years. According to OCIA statistics, the overall vehicles sales in the United States in 2019 was approximately more than 1 million. Moreover, robust presence of top-notch market players in the region is expected to fuel the growth of U.S. cadmium pigments industry in the upcoming years. These companies have also been looking for opportunities to expand their reach to various other geographies of the world.
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Some of the companies mentioned in the report include BASF, LANXESS, James M. Brown Ltd., Hunan Jufa Technology, Huntsman Corporation, Proquimac, Clariant, Chemovoa, and multiple others.
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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.
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