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Pigments Market for paints and coatings : Industry Outlook, Growth Prospects and Key Opportunities 2031
Transparency Market Research delivers key insights on the global aluminum pigments market. In terms of revenue, the global aluminum pigments market is estimated to expand at a CAGR of 6.25% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecast in its report on the global aluminum pigments market.
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Aluminum Pigments Market: Dynamics
The drive to introduce eco-friendly technologies in the pigment development process is likely to provide lucrative opportunities for the aluminum pigments market. The aluminum pigments market faces the challenge of meeting environmental regulations. Market players strive to achieve sustainability by implementing advanced technologies and manufacturing processes.
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They are focusing on using technologies that help lower the emission of VOCs and maintain the esthetic performance of aluminum pigments. Advanced inhibition technology needs to be adopted to make aluminum pigments compatible with the waterborne application system. Aluminum reacts with water to form hydrogen gas, which damages the hiding power, color, and orientation of aluminum pigments. Thus, an effective inhibitor, which would restrict gas formation, needs to be used in the waterborne system. The recent progress in the phosphosilicate chemistry has resolved this issue.
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This has led to the development of chemically modified phosphoric acid, thus enabling the formation of solvent-free aluminum pigments compatible with waterborne systems with performance efficiency.
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Thus, generation of eco-friendly grades of aluminum pigments through the innovative inhibition technology is expected to create new opportunities for the aluminum pigments market during the forecast period.
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Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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