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Global Aluminum Pigment Market to Expand at 6.2% CAGR from 2017 to 2021
MarketReseachReports.biz has added a new market study, titled “Global Aluminum Pigment Market 2017-2021,” to its expanding database of research reports. The report evaluates market dynamics, product developments, and competitive structure to present a comprehensive picture of the development of the global aluminum pigment market for the 2017-2021 period. Analysts carried out primary and secondary research phase and reach out to industry-centric bodies for data collection. The report studies the global aluminum pigment market across the Americas, Europe, Asia Pacific, and Rest of the World regions to calculate the market size for the 2017-2021 period. Revenue is calculated as an aggregate of sales of aluminum pigment products for a number of applications such as plastic, paint and coating, personal care, and others.
According to the report, the global aluminum pigments market is expected to rise at a CAGR of 6.2% between 2017 and 2021.
The report points out factors that are driving the global aluminum pigment market. First and foremost, increasing demand for aluminum pigment products from packaging industry and printing inks is fuelling the growth of the market. Moreover, growing demand for aluminum pigment products from original equipment manufacturer (OEM) and packaging industry is boosting the market’s growth. Growing environmental concerns that have encouraged the adoption of green coating techniques and increasing use of metallic pigments in powder coatings are further bolstering the growth of aluminum pigment market.
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However, the growth of the market is impeded due to several factors. This includes stringent regulations pertaining to the use of heavy and toxic metals and high price factor of metallic pigments. Nevertheless, some of the key trends that are expected to benefit the growth of the market include increasing use of water-based basecoats for paints and coatings and lack of product differentiation between metallic and non-metallic pigments.
The report mentions top players in the global aluminum pigment market, namely Carlfors Bruk, ECKART Effect Pigments, Toyal, Carl Schlenk, and Siberline. Some other prominent vendors in the market are Alba Aluminiu, Asahi Kasei, GEOTECH, MEPCO, Sun Chemical Group, Arasan Aluminium Industries, BASF, Hefei Sunrise Alumimium Pigments, Metalflake, and Zhangqiu Metallic Pigment. Each of the companies is profiled for their distinguishing business attributes of product portfolio and specification, business positioning, financial standing, and SWOTs.
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The report is credible for its many offerings. The report analysis helps stakeholders to make plan strategic moves and make informed decisions for business growth. Thus, the analysis of the report can be used to formulate business strategies to stay competitive in the global aluminum pigment market. The report also includes industry statutes and industry mandates that market players need to abide by. The report concludes with a market attractiveness analysis and SWOT analysis of the global aluminum pigment market for the 2017-2021 period.
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