Metallic Pigments Market By Type (Copper, Aluminum, Bronze, Stainless Steel, Zinc, Nickel, Gold, and Others) and By Application (Paints & Coatings, Printing Inks, Cosmetics & Personal Care, Plastics, Chemicals, and Others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Metallic Pigments Market held USD 1.8 billion in 2020 and is to grow with a CAGR of 6.3% from 2020-2030. Materials that enhance the look or add color to the surface on which they are used are called metallic pigments. Metallic pigments are composed of mica nano-particles that are wrapped with different organic and inorganic pigments. Metallic pigments includes gold, aluminum, bronze,  zinc,  copper, stainless steel, nickel, pearlescent  and unique effect pigments. Metallic pigments are basically used as heat resistant, reflectors, anti-corrosion and conductive coatings in the coating market. These type of pigments produce a wide range of colors in coating applications. To deliver stylish, trendy and enduring effects for flexible packaging and other applications, the printing ink manufacturers have gradually integrated these pigments into different formulations, thus contributing to the  global metallic pigment market size. Automotive paints and industrial coatings were the main consumers and are expected to generate high global metallic pigment market demand because of economic recovery, thus fuelling the growth in global metallic pigments market

Market Dynamics and Factors:

Rising demand from the coloring additive and automotive industries for aluminum products may fuel metallic pigment market growth. Aluminum pigments offer a  metallic, silvery appearance, therefore enhancing the shine and radiant effects of surface which enhance their suitability for such applications. Growing demand for packaging applications will stimulate the metallic pigment market size. Basically in food & beverages, gift wraps, and tobacco industries. The development of advanced colors, enhanced packaged item appearance and improved product differentiation can have a positive impact on metallic pigment market growth suitability for packaging applications.

Market Segmentation:

Based on the type of pigments, the metallic pigment industry is segregated into aluminum,  gold, copper, stainless steel, bronze, zinc, nickel, silver and others. Depending upon the application, the metallic pigment market is classified into printing inks, plastics, paints & coatings, cosmetics & personal care, chemicals, and others. Geographic breakdown of global metallic pigment market includes North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

North America led by Canada and the U.S. metallic pigments market demand is projected to see substantial growth over the forecast period, thus making it a leading  global metallic pigment market share holder, during the forecast period. The economic recovery from the effects of the Great Depression has resulted in an rise in the population of the middle class, which can fuel metallic pigment market size. In addition, manufacturers innovation to promote sustainable use of raw materials can further fuel metallic pigment market growth in the industry. Asia Pacific, led by India, Japan and China's metallic pigments market size may record growth by 2028. Booming demand for products from paints & coatings, plastics and the printing and packaging industries will contribute to the metallic pigment market size. In addition to it, these regions are witnessing increase in sales of passenger & commercial vehicles and residential construction projects due to technological advancements, changing customer preferences and economic growth that may further stimulate regional metallic pigment market demand.

Competitive Scenario:

The key players of global metallic pigment industry are BASF SE, Silberline Manufacturing, Altana, Sun Chemical Corporation, Clariant, Sudarshan Chemicals, Ferro Corporation, Toyo Aluminium K.K., CARLFORS BRUK, Metaflake Ltd., Carl Schlenk AG, S.P. Morell and Company, Geotech International B.V., RADIOR France SAS, Lawrence Industries and Zhangqiu Metallic Pigment Co. Ltd.,

Metallic Pigments Market Report Scope