Technavio, a tech-focused market research firm, has published a new report on the global metallic pigments market, which is expected to grow at a CAGR of over 7% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global metallic pigments market into the following key regions: APAC, Europe, North America, and ROW.
Click here to request a free sample of this report
Top three contributors for the global metallic pigments market are elaborated below
Metallic pigments market in APAC: The increasing demand for metallic pigments from industries like plastics, packaging, and automotive will make APAC the fastest growing region in the global market. China is the largest producer of dyes and pigments in the region. Development in the South Asian countries, especially India, will contribute to the development of the market in APAC during the forecast period.
According to Swapnil Tejveer Sharma, a lead analyst at Technavio, specializing in research on paints, coatings, and pigments, “The increasing consumption and new investment opportunities due to enhanced macroeconomic factors and growth in construction activities in APAC will result in the growth of the metallic pigments market in the region. APAC will continue to grow due to the strong political mandate on volatile organic compound emission control and increasing investments in various sectors like construction and textile.”
Metallic pigments market in Europe: The growth in the automotive industry will increase the demand for metallic paints and coatings in the European market. The rise in industrial and construction activities in countries like Turkey, France, Italy, and Germany will also contribute to the growth of the market in the region. Various environmental regulations that include the control of pollutants and reduction in the emission of toxic substances will boost the demand for metallic pigment in the European market.
Metallic pigments market in North America: The growth of metallic pigment industry in North America is driven by the demand and high application of these paints in the cosmetic and automotive industry. The increasing purchasing power among the general population in the North American market will fuel the growth of the market in this region during the forecast period.
Ask an analyst to know more about this report
The top vendors operating in the global metallic pigments market are:
- ALTANA
- BASF
- Carl Schlenk
- Silberline Manufacturing
- Sun Chemical
Other prominent vendors in the market include Asahi Kasei Chemicals, Carlfors Bruk, Metaflake, Sudarshan Chemical Industries, Toyal America, The Arasan Aluminium Industries, and Umicore.
A more detailed analysis is available in the Technavio report titled, ‘Global Metallic Pigments Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global Specialty Pigments Market 2016-2020
- Global Construction Paints and Coatings Market 2016-2020
- Global Industrial Coatings Market 2016-2020
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
