Global Pearlescent Pigment Market was valued US$ XX Mn in 2019 and is expected to grow US$ XX Mn by 2027, at a CAGR of 4.2% during the forecast period.
Global Pearlescent Pigment Market
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Pearlescent pigments are made naturally from fish scales or synthetic mica platelets or artificial glass substrates followed by semitransparent coatings of metal oxides. They offer superior whiteness, luster, and coverage with extraordinary optical effects ranging from a fine-grained shine to a bold silvery-white sparkle. When coated with transparent substances like mica oxide, dye, or carbon black powder, the sheen and gloss effects can be vastly increased. Due to its favourable properties, it has high usage in general industrial coatings, plastics, and printing ink applications.
Emerging open markets such as Brazil, India, and China are the most important customers of these pigments. Increasing approval of custom-made products and growing government support to encourage the progress of the automobile & construction businesses, mainly in emerging marketplaces, are also important promoters for these pigments in many applications.
The industrial machinery coatings and automotive paints has the highest share of the global market among the applications of pearlescent pigment. The subdivision of paints & coatings contributed to a share of over 35%.
The titanium dioxide mica accounts for about 59% of the global demand for pigments. The titanium dioxide mica was the most widely used white-effect pigment in printing inks and paints, because of its brightness. Titanium dioxide is mainly used for paints & coatings. Increasing appreciation for great shine pigments as needed sustainability and solubility in industrialized covering uses are expected to motivate the market above the estimated period.
The exclusive natural pearl essence is costly as compared to artificial, mica centered properties. Manufacturers and customers are gradually accepting titanium, or ferric oxide covered mica pearlescent pigments to reduce the costs of manufacture and ensure profits. There is an increase in awareness on the part of the customer and industries about the decreasing reserves of natural mineral & mineral deposits. This is expected to affect their manufacture and increase in demand for artificial substitutions in wide uses.
Asia Pacific region accounted for the largest share of global demand in 2019. More per head earnings has affected the sale of end-user provides and automobiles in Asian countries such as Vietnam, China, and India. This successively has encouraged the demand for pearl pigment. Growing end-user awareness about the attractiveness & exterior using important purposes to back ecologically have permitted the use of pearl pigments in cosmetics too. The scope of the market in this section is expected to grow at a CAGR of XX% during the estimated period.
The objective of the report is to present a comprehensive analysis of the Global Pearlescent Pigment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Pearlescent Pigment Market dynamics, structure by analyzing the market segments and project the Global Pearlescent Pigment Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Pearlescent Pigment Market make the report investor’s guide.
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Scope of the Global Pearlescent Pigment Market
Global Pearlescent Pigment Market, By Product
• Natural pearl essence
• Titanium dioxide mica
• Iron/Ferric oxide mica
• Combination mica
Global Pearlescent Pigment Market, By Application
• Paints &coatings
• Printing inks
Global Pearlescent Pigment Market, By Region
• North America
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in the Global Pearlescent Pigment Market
• Brenntag Specialties Inc.
• Nanyang Lingbao Pearl Pigment Co. Ltd
• RIKA Technology Co. Ltd
• Lansco Colors
• BASF SE
• Pritty Pearlescent Pigments
• Smarol Technology
• Geotech International B.V
• L’Arca Srl [Arca Colours]
• Huaian Concord Industrial Product Co. Ltd.
• ALTANA AG
• Kuncai Americas LLC
• Merck KGaA
• Nihon Koken Kogyo Co., Ltd.
• Oxen Special Chemicals Co., Ltd.
• Sinoparst Science and Technology Co., Ltd.
• Sudarshan Chemical Industries Ltd.
• Sun Chemical Corporation
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