Global Aluminum Pigment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global aluminum pigment market in its upcoming report titled, “Global Aluminum Pigment Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global aluminum pigment market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global aluminum pigment market report has been segmented on the basis of form, end-use industry, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Aluminum pigments are made of aluminum powders, paste, and flakes. Aluminum pigments are majorly used in colored coatings manufacturing and they are resistant to chemical attacks, discoloration, weather, and harsh temperatures. Aluminum powder is made of spherical or spindle-shaped aluminum particles; aluminum flakes are derived from aluminum powder by dry ball milling process, and aluminum paste is made from aluminum powder or milled flake powder by wet ball milling process by using solvents such as isopropyl alcohol, xylene, and ethyl acetate.
Increasing demand for aluminum pigments from various industries such as automobile, paints and coatings, aerospace, and furniture is a key factor expected to drive growth of the global market over the forecast period. Increasing preference towards nanotechnology resulting into increasing usage of aluminum nanoparticle in various applications is another factor expected to further fuel growth of the target market. Furthermore, increasing consumer preference towards coating products having lower carbon footprints and its resistive properties are other factors expected to boost growth of this market in the near future.
However, stringent environmental regulations in various countries restricts usage of toxic organic chemicals used in production of aluminum pigment are major factors expected to restrain growth of the global market over the forecast period.
Ongoing trend observed in the target market is implementation of aluminum nano-powders is also another factor currently driving growth of the target market.
Increasing technological advancements in automotive and aerospace industry and growing research and development activities across the globe are expected to create potential revenue opportunities for players operating in the target market over the forecast period.
The market in North America is expected to dominate the target market in terms of revenue over the forecast period, owing to increasing production capacity and increasing demand from automotive and aerospace industries in the region. The market in Asia Pacific is expected to register significant share in terms of revenue over the forecast period, owing to increasing number of refineries, and developing methods of crude oil processing, which increases demand for aluminum pigment that are used in industrial paints and coatings in various countries in this region.
Global aluminum pigment market segmentation:
Segmentation by form:
Segmentation by end-use industry:
- Paints & Coatings
- Personal Care
- Printing Inks
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Hefei Sunrise Aluminium Pigments Co., Ltd.
- BASF SE
- Asahi Kasei Chemicals Corporation
- Metaflake Ltd.
- Kolortek Co., Ltd.
- Carl Schlenk AG
- Geotech Ltd.
- Toyal America, Inc.
- Silberline Manufacturing Co., Inc.
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