Global Aluminum Pigment Market by Product Type (Leafing Aluminum Pigments, Non-Leafing Aluminum Pigments, Vacuum Metallized Pigments (VMPs) & Other Types), By Application (Paints & Coatings, Plastics,Other), and by Region – Global Forecast to 2030

MarketResearch.Biz announces the publication of its most recently generated research report titled, “Global Aluminum Pigment Market by Product Type (Leafing Aluminum Pigments, Non-Leafing Aluminum Pigments, Vacuum Metallized Pigments (VMPs) & Other Types), By Application (Paints & Coatings, Plastics, Personal Care, Printing Inks and Other Applications), and by Region – Global Forecast to 2030”, which offers a holistic view of the global aluminum pigment market through systematic segmentation that covers every aspect of the target market. Global Aluminum Pigment Market is projected to be US$ 492.1 Mn in 2020 to reach US$ 874.4 Mn by 2030 at a CAGR of 6.6%.

Aluminum pigments are used as coatings for various products (such as consumer electronics, automobiles, etc.). These materials can reduce the cost of the required materials and give the coated product a metallic appearance without using a large amount of metal. In addition to providing a metallic effect to the product, aluminum pigments also have other advantages, such as corrosion resistance, acid resistance, strength, and durability. These products can be widely used in coating applications, such as decorative coatings, roof coatings, marine primer coatings, anti-corrosion coatings, general industrial coatings, powder coatings, can coatings, coil coatings, plastic coatings (computer housings, cameras, mobile phones, TVs) Cabinets, etc.), automotive coatings (parts and accessories, refinish paint, OEM) and indirect applications in personal care (lipstick, nail polish, bronze powder), printing inks, etc. These flakes have a particle size ranging from 5 microns to 50 microns in diameter and a thickness of 20 nanometers to 1 micron. Within the realm of Automotive Refinish Coatings, the Aluminum Pigment Market displays remarkable potential for innovation and growth.

[report-coverage short_image="https://marketresearch.biz/wp-content/uploads/2021/08/Global-Aluminum-Pigment-Market-Segmentation.jpg"]

Global Aluminum Pigment Market Revenue (US$ Mn), 2020–2030

Aluminum pigments can give almost any product without coating a metallic appearance. They provide a wide range of metallic appearances for a wide range of applications from automobiles to healthcare. The low demand for coatings is directly reflected in the decline in product prices, driving the market growth.

Certain solvents used in the manufacture of aluminum pigments are inherently toxic. It may cause harm to humans and nature. Strict regulations on transportation, storage, and specific manufacturing standards may slow down the growth rate of the global aluminum pigment market.

Global Aluminum Pigment market is segmented based on product type, application, and region. Based on product type, the market is segmented into leafing aluminum pigments,non-leafing aluminum pigments, vacuum metalized pigments (vmps) and other types. The non-leafing aluminum pigments segment accounts for the majority share and is expected to witness a significant stake in terms of revenue over the forecast period. Based on application, the market is segmented into paints & coatings, plastics, personal care, printing inks and other applications. The paints & coatings segment accounts for a majority share in the global aluminum pigment market.

Coil coatings enhance the aesthetic appeal of products in the Aluminum Pigment Market, providing a protective and visually appealing finish to aluminum surfaces.

Global Aluminum Pigment Market Attractiveness Analysis by Form, 2014–2030

By region, the market is segmented into North America, Europe, APAC, South America, and Middle East Africa. Based on the region, Asia Pacific market is estimated to account for a major revenue share and is projected to dominate the global Aluminum Pigment market in the coming years. This is due to the economic development of the developing regions; the main participants are turning to these regions. The governments of these regions have adopted good measures, laws and regulations have been reduced, and labor costs have been reduced. This is expected to increase market revenue from developing regions such as Asia Pacific and South America.

The research report on the global Aluminum Pigment market includes profiles of some of the major companies such as BASF SE, Asahi Kasei Corporation, Toyo Aluminium K.K. (Toyal America, Inc.), Carlfors Bruk, Zhangqiu Metallic Pigment Co. Ltd., Carl Schlenk AG, Silberline Manufacturing Co., Inc., Geotech International B.V, Metaflake Ltd., Kolortek Co., Ltd, The Aluminum Association, Hefei Sunrise and Aluminium Pigments Co., Ltd.

Global aluminum pigment market segmentation:

Segmentation By Product Type:

• Leafing Aluminum Pigments
• Non-Leafing Aluminum Pigments
• Vacuum Metallized Pigments (VMPs)
• Other Types

Segmentation By Application:

• Paints & Coatings
• Plastics
• Personal Care
• Printing Inks
• Other Applications

Segmentation by region:

• North America
• Europe
• APAC
• South America
• Middle East Africa
• Asia Pacific
• South America