Pearlescent coatings that serve not only decorative purposes (including printed products, cosmetics, industrial coatings, or automotive paints) but also offers important functional roles, such as security printing or optical filters. Demand for high performance and special effect pearlescent pigments for the application in the automotive sector has gained traction in the past few years. Pearlescent pigments are mainly composed of synthetic mica platelets or artificial glass substrates and consecutive semitransparent layers of metal oxides. These pigments deliver superior whiteness, with extraordinary optical effects ranging from a fine-grained luster to bold silvery-white sparkle.
MARKET DYNAMICS
The pearlescent pigment market has witnessed significant growth owing to factors such as wider application in industries such as automotive, construction, paints & coatings, food & beverage, cosmetics & personal care, energy & power, and others. The studied market is characterized by the rising preference for exclusivity & aesthetic brilliance, mainly in automotive paints & industrial coatings. Technological innovations have charted a new course mainly for high performance, special-effect pearl pigments that focus on sustainability, owing to low VOC content and enhanced performance characteristics such as thermal stability, durability, and increased barrier resistance. Adoption of synthetic pearl pigments is mounting at a faster rate as compared to natural pearlescent pigments. Feasibility in the production of synthetic pearl pigments tailored for specific end-use requirements gives it an edge over natural pearl pigments. These factors are also influencing the market growth. However, various regulations and fluctuating prices of raw materials may hamper the growth of the pearlescent pigment market. Nevertheless, with the steady growth in the paint & coatings industry and automotive industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Pearlescent Pigment Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the pearlescent pigment market with detailed market segmentation by form, type, end-user, and geography. The global pearlescent pigment market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pearlescent pigment market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global pearlescent pigment market is segmented on the basis of type, and end-user. The pearlescent pigment market on the basis of the type is classified into natural pearl pigment, synthetic pearl pigment, and glass flake pearl pigment. On the basis of end-user, global pearlescent pigment market is bifurcated into automotive, construction, paints & coatings, food & beverage, cosmetics & personal care, energy & power, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global pearlescent pigment market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pearlescent pigment market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the pearlescent pigment market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the pearlescent pigment market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global pearlescent pigment market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from pearlescent pigment market are anticipated to lucrative growth opportunities in the future with the rising demand for pearlescent pigment in the global market. Below mentioned is the list of few companies engaged in the pearlescent pigment market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the pearlescent pigment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- BASF SE
- ALTANA AG
- CRISTAL
- DIC Corporation
- Fujian Kuncai Material Technology Co., Ltd.
- LANSCO COLORS
- Merck KGaA
- Oxen Special Chemicals Co., Ltd.
- Spectra Colours Ltd.
- Sudarshan Chemical Industries Ltd.
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