Specialty Metallic Pigments: Increasing Demand in Personal Care and Paints & Coatings will boost the Growth of the Global Market

Pune, India, September 18, 2017 /MRFR Press Release/- Market Research Future published a Half Cooked Research Report on Global Specialty Metallic Pigments Market.

Specialty Metallic Pigments are metal flakes ranging in sizes, shapes, and colors. These are made up of various elements such as stainless steel, bronze, copper, aluminum, zinc, and others. Moreover, metallic effect depends upon the shape, size and the particle size distribution of the coating. These are used to impart colors and have wide application scope in printing inks, cosmetics & personal care, paints & coatings, plastics, and others. Additionally, metals such as stainless steel are used for surface protection purposes to enable electrical conductivity and corrosion resistance.

Some of the prominent market factors that positively influence the growth of market are increasing demand from paints & coatings sector, increasing production of cosmetics & personal care, and rising environmental regulations regarding the emission rate of volatile organic compounds (VOCs). Rapid industrialization coupled with rising disposable income in emerging economies are expected to propel the growth of market over the forecast period. Development of innovative Specialty Metallic Pigments with unique substrate layering and new technology advancement has opened up lucrative avenues for growth.

Competitive Analysis:

Some of the major players operating in the Specialty Metallic Pigments Market include BASF SE (Germany), Sigma Technologies Int'l, LLC (U.S.), Silberline Manufacturing Co., Inc. (U.S.), Kolortek Co., Ltd (China), Carl Schlenk AG (Germany), AMETEK.Inc. (U.S.), Sun Chemical Corporation.(U.S.), Asahi Kasei Corporation (Japan), Toyal America, Inc. (U.S.), COPRABEL S.A. (Belgium), and others.

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Market Segmentation:

The Global Specialty Metallic Pigments Market is divided into types, applications, and regions. On the basis of types, the specialty metallic pigments market is segmented into copper, aluminum, bronze, stainless steel, zinc, and others. On the basis of application, the market is segmented into paints & coatings, printing inks, cosmetics & personal care, plastics, and others. The aluminum Specialty Metallic Pigment Market hold the largest share and is expected to grow at significant CAGR over the forecast period. The growth of market is attributed to their sustainability in different application areas. They are widely used because of their great reflectivity of light. Specialty metallic pigments can be used directly in powdered form in various types of plastics and are widely used for the preparation of master batches. Moreover, these are used in the formulation of gravure inks, screen inks, offset inks, and flexographic inks in graphic arts application. In cosmetics, they find wide application scope in preparation of lipsticks, lip gloss, eye shadows, blusher rouge, face cold cream, nail polish, hair spray, shampoo, and others. As a printing ink application, they are used in flexible packaging, food packaging, label printing, wall paper printing, graphic arts, textile printing, and cardboard packaging.

Regional Analysis

Asia Pacific is predicted to be the largest market for Specialty Metallic Pigments followed by North America and Europe on account of increasing demand from paints & coatings and plastics among others. Developing countries such as China, India, and Vietnam are the fastest growing market for specialty metallic pigments, and is estimated to grow with the same pace in upcoming years. Increasing economic growth rate and competitive production costs are also the important factors further improving the growth of Specialty Metallic Pigments Market in the Asia Pacific region. North America specialty metallic pigments is estimated to witness a moderate growth with U.S. and Canada being the key contributors owing to paints & coatings and printing inks application. Europe is estimated to witness a substantial growth over the assessment period due to increasing demand from cosmetics & personal care.

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