Metallic pigments are the pigments used in coatings and paints to provide a luster and high quality finishes. Certain applications in the industry require metallic effect which can be brought by using aluminum, gold bronze and pearlescent pigments among others. The rising popularity of unique printing output and wider acceptance of aluminum pigments is predicted to drive the global metallic pigments market in the future.
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On the contrary, the demand for metallic pigments of heavy metals including iron oxide, chromium and cadmium is projected to decline as the producers of paints and coatings are lowering the content of heavy metallic pigments considering the strict environmental regulations. Metallic pigments market is anticipated to record a strong growth in the future due to rise in demand for several varieties of colors. Moreover, the eco-friendly products constitute a major segment of the metallic pigments market. The growing awareness regarding the use of products with low carbon footprints is expected to drive the demand for metallic pigments in the eco-friendly paints and coatings products. Furthermore, the use of metallic pigments in powder coatings is increasing at a rapid pace as it provides wider range of color products to the consumers. Though the share of metallic pigments in the powder coatings market is relatively low at present, it is predicted to rise significantly in the coming years. Regions such as North America, Asia and Latin America are predicted to be lucrative markets for metallic pigments in the future while the European market is expected to record sluggish growth in the coming years due to very slow recovery from the economic downturn.
Metallic inks constitute one of the most important market segments of metallic pigments. Metallic inks find use in a diverse range of industries such as consumer packaging, beverage containers, gift wraps, publication printing and tobacco packaging among others. Metallic inks are used to design attractive packaging materials that can evoke an interest in the minds of the consumers. The use of metallic inks in packaging ultimately improves the appearance of a product. The demand from traditional segments of the metallic inks market such as tobacco packaging, beverage cartons and gift wraps are expected to remain strong in the next few years. Apart from the conventional applications, the demand for metallic inks from applications such as publication printings, cosmetics packaging and specialty coated papers is anticipated to rise significantly in the coming years. The growth in the metallic inks market would subsequently result in the rise in demand for metallic pigments in the future.
Metallic pigments are majorly used in the powder coatings, some of the major applications of metallic powder coatings are architectural aluminum, office furniture, automotive components, and lawn and garden equipment. One of the main reasons for the growing use of powder coatings is their low impact on the environment as compared to other types of coatings. Aluminum is the most popular metallic pigment used in the powder coatings with availability of wide variety of shades. Moreover, gold bronze pigments are available as pale gold, rich gold and rich pale. Furthermore, stainless steel pigments are used for exterior coating applications and pearlescent pigments are used for both interior as well as exterior applications. The advantages of metallic pigments such as high quality finish and availability of wide range of shades are predicted to drive the market for metallic pigments in the powder coatings segment.
Some of the major companies operating in the global metallic pigments market are BASF SE, Cathay Pigments, Inc., DuPont, ALTANA AG, Lanxess AG, Huntsman International LLC, Heubach GmbH, Sun Chemical Corporation, Dainichiseika Color and Chemicals Mfg. Co. Ltd., Clariant International Limited, Kemira Oyj, Ferro Corp., Kronos Worldwide, Inc., Ishihara Corporation, Merck KGAA, The Shepherd Color Company, Tronox, Inc., Silberline Manufacturing Co., Inc. and Toyo Ink SC Holdings Co. Ltd. among others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Rest of the World
This report provides comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
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