Press release
Pearlescent Pigment Market Growing reach $2.2 billion at Exponential CAGR 6.3% with Innovative Technology | Report, 2032
Allied Market Research recently released a report shedding light on the global pearlescent pigment market. In 2021, the market was valued at $1.2 billion, and it's anticipated to surge to $2.2 billion by 2031, exhibiting a commendable CAGR of 6.3% from 2022 to 2031.This comprehensive report offers a detailed analysis of top investment opportunities, winning strategies, drivers, opportunities, market size estimations, competitive landscape, and evolving trends. It serves as a valuable resource for industry leaders, newcomers, investors, and stakeholders, aiding in crafting future strategies to strengthen their market presence.
Get Sample PDF Brochure @ https://www.alliedmarketresearch.com/request-sample/A08996
Report Details:
Forecast Period: 2022-2031
Base Year: 2021
Market Size in 2021: $1.2 Billion
Market Size in 2031: $2.2 Billion
CAGR: 6.3%
No. of Pages in Report: 200
Segments Covered: Type, Application, and Region
Key Drivers:
Increase in demand for pearlescent pigment from cosmetics and personal care industry
Surge in disposable incomes and change in living standards
Growing demand for pearlescent paint in passenger vehicles
𝐃𝐨 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 :https://www.alliedmarketresearch.com/purchase-enquiry/9361
Challenges:
Rise in veganism hindering the demand for natural pearl essence
Opportunities:
Product Innovation
Covid-19 Scenario:
The pandemic initially led to reduced output in the pearlescent pigment market due to disruptions in end-use sectors, particularly paints and coatings. However, a transformative shift occurred post-COVID-19, driven by increased demand for hygienic safe packaging, leading to the creation of holographic particles for the printing industry.
🔄 Market Segmentation:
Type: Titanium dioxide mica segment dominated in 2021 and is projected to maintain its dominance. Ferric oxide mica is expected to showcase the fastest CAGR of 6.5% during the forecast period.
Application: Paints and coatings segment accounted for the highest share in 2021. Cosmetics and personal care segment would portray the fastest CAGR of 6.8%. Other segments include plastics, printing ink, and more.
Region: Asia-Pacific held the major share in 2021 and is projected to showcase the fastest CAGR of 5.7% from 2022 to 2031. Other regions include North America, Europe, and LAMEA.
Leading Market Players:
BASF SE
Eckart GmbH
Geotech International B.V.
Sun Chemical
RIKA Technology Co., Ltd.
Kromachem Ltd
IFC Solutions
Zhejiang Ruicheng New Material Co., Ltd.
Chemical Technologies SIA
Kuncai Americas, LLC
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/pearlescent-pigment-market/purchase-options
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
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