Press release
Aluminum Pigments Market Advanced technologies & growth opportunities in global Industry by 2024
View Full Report: https://www.transparencymarketresearch.com/aluminum-pigments-market.html
Transparency Market Research projects that the global aluminum pigments market will exhibit a CAGR of 6.4%, in terms of revenue, over the period between 2016 and 2024, rising from a valuation of US$332 mn in 2015 to US$581 mn in 2024. In terms of volume, the market had a valuation of nearly 46 kilo tons in 2015.
Asia Pacific Market to Remain Key Consumer of Aluminum Pigments
Of the key users of aluminum pigments, including industries such as plastics, paints and coatings, printing inks, personal care, and construction materials, the segment of paints and coatings holds the dominant share in the global aluminum pigments market in 2015. The segment generated revenue worth US$21 mn in the said year and is expected to continue to account for a significant share in the market’s overall revenue over the forecast period. From a geographical standpoint, the market in Asia Pacific is presently the leading contributor to the revenue of the global aluminum pigments market owing to the swiftly expanding industrial sector and the rising set of applications of aluminum pigments across a number of industries.
The global market for aluminum pigments features the dominance of large- and mid-sized companies, with the leading six vendors collectively accounting for a nearly 48% of the overall market in 2015, says Transparency Market Research in a recent report. These leading market participants, namely Sun Chemical Corporation, Silberline Manufacturing Co. Inc., Zhangqiu Metallic Pigment Co. Ltd., Altana AG., Carl Schenk AG, and Carlfors Bruk AB command immense control on the market owing to vast product portfolios and strong production potentials.
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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
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