Global Metallic Pigments Market Estimated To Attain Around USD 1,127.6 Million By 2021

The significance of the global metallic pigments market is increasing with time due to expansion in the paints and coatings industry. The top participants of the global metallic pigments market are Asahi Kasei Corporation, Ferro Corporation & Carlfors Bruk, Eckhart Pigments, Toyal America Inc., Umicore, Siberline Manufacturing Co., Schlenk Metallic Pigments, BASF, Sudarshan Chemicals, and Sun Chemical Performance Pigments.

According to the report, the metallic pigments market worldwide was valued at USD 781.6 Million in 2015 and is expected to reach USD 1,121.6 Million by 2021, likely to grow at a CAGR of 6.2% during 2016–2021.

This review is based on a report by Zion Market Research, titled "Metallic Pigments Market (Aluminum, Zinc, Copper, Stainless Steel, and Others) for Paints & Coatings, Plastics, Personal Care, Printing Inks and Other Applications - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021"- Report at https://www.zionmarketresearch.com/report/metallic-pigments-market

The metallic pigments are applied on metallic surfaces for protection against rust or corrosion. Stainless steel, zinc, aluminum, and copper pigments have an unusual color shade by which gates, doors, masts, frames, and other equipment or construction parts can be layered efficiently.

Advancement In Paints And Coatings Industry To Spur The Metallic Pigments Market Growth

The global metallic pigments market has been reporting robust progress in the last couple of years due to the development in the coatings and paints industry. The structural paints and coatings market has progressed very much owing to the increasing construction activities and structural development in many countries. Additionally, the development in the automotive segments has also impelled the ornamental paints and coatings market. However, the accomplishment of strict guidelines about the utilization of pigments is projected to impact the progress of the metallic pigments market. The start-up of nanotechnology is projected to generate lucrative opportunities in the metallic pigments market in the future.

Personal Care Section To Expand Due To Emerging Fashion Trends In Developing Markets

The metallic pigments market has been categorized on the basis of product, end-user, and region. On the basis of end-user sectors, the metallic pigments market is bifurcated into printing inks, paints & coatings, personal care, plastics, and others. In 2015, the paints & coatings reported the biggest market stake followed up by the personal care section due to the surging fashion trends in emerging markets like Asia-Pacific and Latin America.

On the basis of product, the global metallic pigments market is segregated into aluminum, stainless steel, copper, zinc, and others. During 2015, the largest market share was possessed by aluminum metallic pigment and in the next couple of years is likely to expand at the highest CAGR. The aluminum pigments are used as coloring stabilizers. They present the silvery metallic finishing to the substrate and are extensively used in automotive coatings. The augmenting need for bright effects and better shine is likely to boost the segment progress in the worldwide metallic pigments market in the forecasted period.

Asia-Pacific To Report Highest Progress With Increasing Regional Automotive Industries

During 2015, the Asia-Pacific region dominated the global metallic pigments market. The developing nations in Asia-Pacific like India and China are major pigment patrons, where the automotive industries are budding at a fast rate in the last few years, which, consecutively, drives the demand for metallic pigment across the region.

This report segments the global metallic pigments market as follows:

Global Metallic Pigments Market: Product Segment Analysis

• Aluminum 
• Zinc
• Copper
• Stainless steel 
• Others

Global Metallic Pigments Market: Application Segment Analysis

• Paints & coatings
• Plastics
• Personal care
• Printing inks 
• Others

Global Metallic Pigments Market: Regional Segment Analysis

• North America 
  • U.S.
• Europe
  • Germany
  • UK
  • France
• Asia Pacific
  • China 
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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