Global Bismuth Market Information-by type (Bismuth Oxide, Bismuth oxychloride-BiOCI, Bismuth Subnitrate, Bismuth Subcarbonate and Bismuth Aluminate), by Application (Pharmaceutical, Cosmetics, Construction Industry, Automotive Industry, Chemical Industry and Others) and Region - Forecast to 2022
Pune, India -- (SBWIRE) -- 04/02/2018 -- Bismuth Market – Market Overview
Bismuth is one of the most diamagnetic material known and found naturally, for which market growth is supported by commercial applications. Major end use industries such as cosmetics, pharmaceuticals, and industrial pigments, which are using bismuth pigments derived from bismuth. The demand for product specific application has created scope for innovative products in cosmetic and personal care industries thereby driving demand for bismuth pigments. The global bismuth market is driven by increasing government regulations to restrict the use of lead in various end-use industries namely, paints & coatings, alloys, and electronics. Europe market to offer enhanced growth insights on account of established strict regulation to hamper the consumption of lead.
Bismuth Market- Competitive Landscape
Apart from the couple of major industry ladders, the Global Bismuth Market has witnessed consolidated penetration of China based enterprises. The as whole is heading towards the growth expansion phase due to the demand from major end user industries, and it is expected to grow in a similar manner the coming years. The degree of competition observed among the market players is increasing with the rising product demand. As per the industry experts, the global market is expected to witness massive numbers of the production capacity expansion activities over the assessment period. Major players in this marker operating globally are Hunan Jinwang Bismuth Industry Co. Ltd, Hunan YuTeng Nonferrous Metals Co., Met-Mex Peñoles S.A. de C.V., 5N Plus Inc., Nui Phao Mining Company Ltd, and BASF SE.
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Industry/ Innovation/ Related News:
January 1, 2017- Heubach expanded capacity for bismuth vanadate pigments. The company is a pigment manufacturer and is doubled its existing capacities for bismuth vanadate pigments at its Langelsheim plant in Germany. These inorganic yellow pigments are marketed under the brand names Vanadur® and Vanadur Plus. The expansion of bismuth is a part of annual organization growth and is also undertaken as a response to the growing demand for high-performance pigments to replace yellow lead chromates. Although, the details of the overall expansion plan did not disclosed. The overall impact of this expansion has seen in catering increased product demand in pigment segment.
December 14, 2016 - Ferro Corporation completes acquisition of Cappelle Pigments at the end of the 2016. Cappelle Pigments is a Belgium based foremost producer in specialty, high-performance inorganic and organic pigments used in coatings, inks and plastics. The overall acquisition transaction has undertaken in exchange of USD 70.77 million. Cappelle's pigments complement Ferro's market leadership positions in Complex Inorganic Collared Pigments ("CICPs") and Ultramarine Blue pigments. The company has string reputation in bismuth vanadate which provide an environmentally friendly alternative to lead chromates in high-performance applications. The acquisition likely to undertake productive growth offerings in the coming years and offer scope for further market alliances.
October 17, 2016 - with the acquisition ofCappelle Pigments, Ferro Corporation has expanded their colour solution business by acquiring Delta Performance Products. Ferro purchased certain assets of Delta Performance Products at confidential amount. This business produces customized colorant blends that utilize Ferro's CICPs for the concrete and outdoor hardscape markets. Consecutive business acquisition will complement the market leadership of Ferro Corporation in the coming years.
August 24, 2016 - Bruchsaler Farbenfabrik GmbH & Co KG announced pigment expansion plan. In lined with the annual growth activity and to bridge ongoing gap between demand and supply. The company has announced the pigments expansion plan. Together with its recent capacity expansion for the production of bismuth vanadate yellow pigments, Bruchsaler Farbenfabrik is positioned to be a leading supplier of lead chromate- and molybdate-free, environment- and regulation-friendly powder pigments suitable to match the full line of RAL, Pantone and BCS shades as well as custom and corporate colours. This expansion will allow company to head towards volume commitments.
February 15, 2015 – Leading chemical industry player BASF SE raised production of Bismuth Vanadate Pigments. The demand for alternatives to lead chromate pigments is increasing. BASF reacts to this trend and is going to significantly increase its production capacities of bismuth vanadate pigments in Besigheim near Stuttgart/Germany. Bismuth vanadate pigments are yellow pigments with a special greenish colour tone that BASF markets under the Sicopal and Paliotan brand names. The production expansion activity anticipated to help BASF while catering additional demand in pigments.
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