Catherine Diamond, Associate Editor06.08.16
The global metallic pigments market is expected to reach $1.20 billion by 2022, according to a report by Grand View Research (GVR) in March. This growth is largely attributed to changing consumer preferences towards “fashionable products with enhanced colors and brilliant visual effects.” Technological advancements have introduced high-luster and sparkling effects with increased durability for automotive OEM processing and paint refinishes, researchers found.
“These odorless pigments are also widely utilized in other expanding end-use industries such as packaging, cosmetics and printing inks, particularly in emerging economies of China and India,” the report stated. “Increasing consumer awareness regarding sustainability and environmental friendly nature of these pigments has also benefited the overall market.”
Aluminum pigments emerged as the leading product segment and accounted for over one third of the total market volume in 2014. Copper pigments are expected to be the fastest growing product segment growing at a CAGR of 5.7 percent from 2015 to 2022. These pigments are rapidly gaining popularity due to their ability to impart a uni
“These odorless pigments are also widely utilized in other expanding end-use industries such as packaging, cosmetics and printing inks, particularly in emerging economies of China and India,” the report stated. “Increasing consumer awareness regarding sustainability and environmental friendly nature of these pigments has also benefited the overall market.”
Aluminum pigments emerged as the leading product segment and accounted for over one third of the total market volume in 2014. Copper pigments are expected to be the fastest growing product segment growing at a CAGR of 5.7 percent from 2015 to 2022. These pigments are rapidly gaining popularity due to their ability to impart a uni
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