Global Aluminum pigment market research report – by form (Paste, Powder, and Pellets) by end use (Paints & Coatings, Printing, Cosmetics, Plastics and Others) and region- Forecast till 2023

Pune, India -- (SBWire) -- 11/06/2018 --Segmentation:

The global aluminum pigment market is categorized on the basis of form, end use industry, and region. On the basis of form, the market is bifurcated into paste, powder, and pellets. On the basis of end user industry, the aluminum pigment market is categorized into paints & coatings, printing, cosmetics, plastics and others. On the basis of region, the market is categorized into Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa.

Key Players

Some of the prominent players operating in the global aluminum pigment market are BASF SE (Germany), Kolortek Co., Ltd (China), Carl Schlenk AG (Germany), Silberline Manufacturing Co., Inc. (U.S.), AMETEK.Inc. (U.S.), GEOTECH (the Netherlands), HEFEI SUNRISE ALUMINIUM PIGMENTS CO., LTD. (China), Asahi Kasei Chemicals Corporation (Japan), Toyal America, Inc. (U.S.), and Metaflake Ltd (U.K)

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Intended Audience

Aluminum pigment manufacturers
Traders and Distributors of aluminum pigment
Production Process Industries
Potential Investors
Raw Material Suppliers
Nationalized Laboratory

Regional Analysis

The global aluminum pigment market consists of five regions: Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. Among these, North America is predicted to grow with the highest CAGR during the review period, 2017 to 2023 on account of expanding aerospace and defense sector. The demand for aluminum pigment is predicted to surge in numerous countries of the Middle East & Africa such as Iraq, the United Arab Emirates, Saudi Arabia, Iran, and Kuwait due to increasing tourism & travel sector. Moreover, the presence of tremendous oil & gas reserves in this region is predicted to propel the growth of the market owing to aluminum pigment use in protecting industrial machinery.

North American aluminum pigment market is predicted to witness a tremendous growth on account of high consumption potential, increasing production capacities, and rising economic growth rate. In North American region, the U.S. is predicted to be the major contributor in the regional growth of aluminum pigment market and is expected to see a significant demand for aluminum pigment during the forecast period, 2017 to 2023. As of 2016, the U.S accounts for the largest market share is estimated to grow with the moderate CAGR on account of growth in aluminum pigment based paints & coatings. In Europe, the demand for aluminum pigment is predicted to grow in various countries such as Italy, Germany, Spain, U.K, France, and Russia on account of increasing expenditure in innovation and growing purchasing power of consumers. Latin American countries such as Argentina, Colombia, and Brazil are also predicted to witness substantial growth owing to increasing consumer spending on passenger cars as well as involvement of new technologies and inventions in aluminum pigment. Asia Pacific aluminum pigment market is predicted to grow with the moderate CAGR due to developing crude oil processing and expanding petroleum refineries in India and China will boost the industrial aluminum pigment coatings. Moreover, continuous growth of automotive sector in various economies of Asia Pacific such as China, India, Malaysia, Thailand, and Japan is expected to raise the demand for synthetic lubricants which in turn is predicted to fuel the demand for aluminum pigment over the forecast period, 2017 to 2023.

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