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Aluminum Pigments Market Proceeds To Witness Huge Upswing over Assessment Period by 2030

07-13-2021 01:17 PM CET | Industry, Real Estate & Construction

Press release from: Supply Demand Market Research

Aluminum Pigments Market Proceeds To Witness Huge Upswing over

The Global Aluminum Pigments Market in 2020 was approximately USD 107.39 Million. The market is expected to grow at a CAGR of 7.85% and is anticipated to reach around USD 618.23 Million by 2025. The growth in the market size is expected to be driven by the increasing demand from end user industries and advancement of innovative technologies, and localizing manufacturing thus decreasing costs of production will drive the market for aluminum pigments in aluminum pigments.

Aluminum pigments are coating agents for several products such as consumer electronics, automobiles, and etc. These materials can minimize the cost of the required materials and provide the coated product a glossy appearance without using a huge amount of metal. In addition to provision of metallic effect to the product, aluminum pigments also have other benefits, such as acid resistance, corrosion resistance, strength, and durability.

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The global aluminum pigment market is witnessing a major growth owing to their superior qualities such as resistance to chemical attacks, discoloration, weather and harsh temperatures. Furthermore, the growth of the end-use industries such as the plastics, paints & coatings, printing inks and cosmetics across the world drives the demand for aluminum pigments. In addition, the elevating demand for alluring and decorative labels in the food & beverage industry and rising availability of pigments with low VOC will majorly accelerates the market growth. However, the heavy cost of raw materials and machine limits the market growth.

Based on the type of product, the global Aluminum Pigments market segmented into

Floating Aluminum Pigment
Non-floating Aluminum Pigment

Based on the end-use, the global Aluminum Pigments market classified into

Paints & Coatings
Printing Inks
Plastics
Personal Care Products

Based on geography, the global Aluminum Pigments market segmented into

North America [U.S., Canada, Mexico]
Europe [Germany, UK, France, Italy, Rest of Europe]
Asia-Pacific [China, India, Japan, South Korea, Southeast Asia, Australia, Rest of Asia Pacific]
South America [Brazil, Argentina, Rest of Latin America]
Middle East & Africa [GCC, North Africa, South Africa, Rest of Middle East and Africa]

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The market for aluminum pigments is intensely competitive and is highly fragmented. The vendors in the aluminum pigments market compete based on product portfolio, product differentiation, applications, and the pricing of products. The rise in technological innovations in designing the products for better quality, ease of use and better performance is expected to continue to intensify the level of competition among the companies to expand their product portfolios by incorporating innovative features, into their products. In addition, the market is expected to be highly competitive over the years with increased number of new players.

Key participants in the market are:

 BASF, GEOTECH, Carlfors Bruk, ECKART Effect Pigments, Silberline, Carl Schlenk, Toyal, Alba Aluminiu, Arasan Aluminium, and Others.

Further key aspects of the report indicate that:

Chapter 1: Research Scope: Product Definition, Type, End-Use & Methodology

Chapter 2: Global Industry Summary

Chapter 3: Market Dynamics

Chapter 4: Global Market Segmentation by region, type and End-Use

Chapter 5: North America Market Segmentation by region, type and End-Use

Chapter 6: Europe Market Segmentation by region, type and End-Use

Chapter 7: Asia-Pacific Market Segmentation by region, type and End-Use

Chapter 8: South America Market Segmentation by region, type and End-Use

Chapter 9: Middle East and Africa Market Segmentation by region, type and End-Use.

Chapter 10: Market Competition by Companies

Chapter 11: Market forecast and environment forecast.

Chapter 12: Industry Summary.

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SUPPLY DEMAND MARKET RESEARCH

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