Press release
Rise in Global Aluminum Pigments Market by 6.4% CAGR by 2024
An Overview of the Global Aluminum Pigments Market
Paints and coatings was the largest end-user industry of the global aluminum pigments market in 2015, with a market share of over 45% in terms of volume. Plastics, personal care, and printing inks were the other prime end users of aluminum pigments at the time. Competitively speaking, the global aluminum pigments market is dominated by large and mid-sized players, with little scope of entry for new players. Altana AG, Silberline Manufacturing Co. Inc., Carl Schenk AG, and three others held about 48% of the global aluminum pigments market in 2015, showing the high level of consolidation that new entrants will have to tear through.
In coherence with the above points, the global aluminum pigments market is expected to be valued close to US$581 mn by 2024. It is projected to expand at a CAGR of 6.4% between 2015 and 2024 in terms of revenue, and stood at US$332 mn in 2015. In terms of value, the global aluminum pigments market was estimated at nearly 47 kilo tons in 2015.
Request Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12047
Auto Industry’s Demand for Aluminum Pigments Leads Companies to Asia Pacific for Better Opportunities
Aluminum pigments have always witnessed high demand in paints and coatings manufacturing, owing to the wide scope of utility they offer. Aluminum pigments impart smoother surfaces and metallic finishes to paints and coatings along with other highly sought-after physical properties. These pigments are largely concerned with the aesthetic side of paints and coatings, which means that nations with a low economic situation will not hold a feasible market for its consumption. On the other hand, major nations in Asia Pacific and Latin America are currently showing a very high rate of industrial development. China especially is showing a very high demand for aluminum pigments owing to its rapidly growing production and consumption rate of automobiles.
Additionally, consumers in the Asia Pacific region are showing a steadier growth in disposable income, which is allowing them to opt for better quality of products and higher aesthetics. This applies to automobiles as well, consequently creating a much higher demand for aluminum pigments and specialized coatings.
For More Industrial Insights Get PDF Brochure:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12047
Personal Care Industry Shows Exceptional Growth in Aluminum Pigments Demand
The personal care industry makes a significant use of aluminum pigments in products such as body washes, hair gels, shampoos, lip gloss, nail polishes, and eye shadows. Aluminum pigments are preferred as they provide a highly attractive silver white effect to the personal care products, which can help increase the product sales. Consumers are currently showing a high rate of interest in aesthetically pleasing personal care products and cosmetics, due to which the global aluminum pigments market is finding excellent opportunities of growth in the personal care industry.
Similarly, the global aluminum pigments market is also experiencing growth in demand from the manufacturers of printing inks, as the pigments can be used in a wide array of ink types, including gravure, screen, and flexographic inks. Aluminum pigments can improve the opacity of printing inks on difficult surfaces, thereby enhancing the visual appeal and legibility of the print.
For More Information Please Visit:
https://www.prnewswire.com/news-releases/aluminum-pigments-market-to-reach-us5819-mn-by-2024-new-pigment-development-technologies-to-stimulate-growth-tmr-582677421.html
ABOUT US:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Paints and coatings was the largest end-user industry of the global aluminum pigments market in 2015, with a market share of over 45% in terms of volume. Plastics, personal care, and printing inks were the other prime end users of aluminum pigments at the time. Competitively speaking, the global aluminum pigments market is dominated by large and mid-sized players, with little scope of entry for new players. Altana AG, Silberline Manufacturing Co. Inc., Carl Schenk AG, and three others held about 48% of the global aluminum pigments market in 2015, showing the high level of consolidation that new entrants will have to tear through.
In coherence with the above points, the global aluminum pigments market is expected to be valued close to US$581 mn by 2024. It is projected to expand at a CAGR of 6.4% between 2015 and 2024 in terms of revenue, and stood at US$332 mn in 2015. In terms of value, the global aluminum pigments market was estimated at nearly 47 kilo tons in 2015.
Request Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12047
Auto Industry’s Demand for Aluminum Pigments Leads Companies to Asia Pacific for Better Opportunities
Aluminum pigments have always witnessed high demand in paints and coatings manufacturing, owing to the wide scope of utility they offer. Aluminum pigments impart smoother surfaces and metallic finishes to paints and coatings along with other highly sought-after physical properties. These pigments are largely concerned with the aesthetic side of paints and coatings, which means that nations with a low economic situation will not hold a feasible market for its consumption. On the other hand, major nations in Asia Pacific and Latin America are currently showing a very high rate of industrial development. China especially is showing a very high demand for aluminum pigments owing to its rapidly growing production and consumption rate of automobiles.
Additionally, consumers in the Asia Pacific region are showing a steadier growth in disposable income, which is allowing them to opt for better quality of products and higher aesthetics. This applies to automobiles as well, consequently creating a much higher demand for aluminum pigments and specialized coatings.
For More Industrial Insights Get PDF Brochure:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12047
Personal Care Industry Shows Exceptional Growth in Aluminum Pigments Demand
The personal care industry makes a significant use of aluminum pigments in products such as body washes, hair gels, shampoos, lip gloss, nail polishes, and eye shadows. Aluminum pigments are preferred as they provide a highly attractive silver white effect to the personal care products, which can help increase the product sales. Consumers are currently showing a high rate of interest in aesthetically pleasing personal care products and cosmetics, due to which the global aluminum pigments market is finding excellent opportunities of growth in the personal care industry.
Similarly, the global aluminum pigments market is also experiencing growth in demand from the manufacturers of printing inks, as the pigments can be used in a wide array of ink types, including gravure, screen, and flexographic inks. Aluminum pigments can improve the opacity of printing inks on difficult surfaces, thereby enhancing the visual appeal and legibility of the print.
For More Information Please Visit:
https://www.prnewswire.com/news-releases/aluminum-pigments-market-to-reach-us5819-mn-by-2024-new-pigment-development-technologies-to-stimulate-growth-tmr-582677421.html
ABOUT US:
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
