Press release
Metallic Pigments Market Growth, Outlook, Demand, Key Players Analysis and Opportunity 2023-2028
Metallic Pigments Market
IMARC Group's latest report, titled "Metallic Pigments Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", the global metallic pigments market size reached US$ 1,003.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 1,313.0 Million by 2028, exhibiting a growth rate (CAGR) of 4.09% during 2023-2028.
What is Metallic Pigments and Uses ? :
Metallic pigments are inorganic pigments widely used in printing and packaging materials to add color and visual appeal. These pigments include copper, zinc, gold, bronze, pearlescent, nickel, and stainless-steel copper effect pigments. They serve both protective and decorative purposes, enhancing the aesthetic appeal of substrates by providing a glossy finish, increasing opacity, and offering properties such as anti-corrosion and ductility.
Metallic pigments find applications in packaging, printing, coatings, and plastics, as well as in the production of high-quality and dermatologically safe makeup and skincare products in the personal care and cosmetics industry. The global demand for metallic pigments has seen a significant increase due to their eco-friendly and sustainable nature.
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Who are the key Players Operating in the Industry ? :
• Altana AG
• BASF SE
• Carl Schlenk Aktiengesellschaft
• Carlfors Bruk AB
• Geotech International B.V
• Lawrence Industries Limited
• Metaflake Ltd
• Radior France SAS
• Silberline Manufacturing Co. Inc
• Sun Chemical Corporation (DIC Corporation)
• Torginol Inc
• Toyal America
What are the Growth Prospects and Trends in the Metallic Pigments Industry ? :
The market is primarily driven by significant growth in the automotive industry. Furthermore, the growing sales of passenger and commercial vehicles are supporting the growth of the market. Additionally, the increase in residential construction projects, propelled by changing consumer preferences and overall economic growth, contributes to market growth. Furthermore, the increasing demand for eco-friendly paints and coatings aimed at reducing carbon emissions further fuels the market.
Continuous technological advancements in pigments, focusing on enhancing brilliance, unique sparkling behavior, and saturation, also also impacting the market. The rising demand for metallic pigments in packaging applications for food and beverages, gift wraps, and the tobacco industry catalyzes the overall market demand. Other factors, such as increasing disposable incomes and the expanding cosmetic sector, are influencing the market.
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Key Market Segmentation:
Breakup by Product:
• Aluminum
• Zinc
• Copper
• Stainless Steel
• Others
Breakup by Application:
• Paints and Coatings
• Plastics
• Printing Inks
• Cosmetics
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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Contact us:
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Tel No:(D) +91 120 433 0800
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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