What's driving the Metallic Pigments Market Growth? | Key Players are BASF, Sun Chemical, Clariant, Ferro Corporation, ALTANA AG, Silberline, Zhangqiu Metallic Pigment Co.,Ltd.

Metallic Pigments Market to surpass USD 2.3 billion by 2024; according to a new research report by Global Market Insights, Inc. Rising demand for eco-friendly paints & coatings along with low carbon emissions is stimulating the growth of powder pigments market size. Aluminum and copper metallic pigments are experiencing high demand owing to the availability of high product variety.

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Growth drivers
1. North America: Booming automotive sector
2. Asia Pacific: Increasing packaging, plastics, and printing inks industry
3. Europe: Growing demand for paints & coatings industry
4. LATAM: Rising consumer awareness of sustainable and led toxic coloring agents

Growing demand from decorative paints & coatings industry owing to thriving automotive OEM and refinish industry may increase metallic pigment market demand. These products impart an elegant appearance, silvery metallic finish, and degradation resistance which increases their suitability for wheel coatings, interior coatings, other parts and accessories thereby promoting metallic pigments market growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. BASF
2. Sun Chemical
3. Silberline
4. ALTANA AG
5. Carl Schlenk AG
6. Toyo Aluminium K.K.
7. Clariant
8. Sudarshan Chemical Industries Ltd.
9. Ferro Corporation
10. CARLFORS BRUK AB
11. METAFLAKE LTD
12. Zhangqiu Metallic Pigment Co.,Ltd.
13. S.P. Morell and Company
14. Lawrence Industries Ltd.
15. GEOTECH Special effect pigments

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Stainless steel based metallic pigments market size from paints & coatings applications may register gains at over 5.5% by 2024 owing to ultraviolet, abrasion & corrosion resistance, hardness and high strength properties. These products are incorporated in conventional water and solvent-based protective coatings and applied on metal substrates for enhanced protection. Moreover, these products form a multilayered structure tightly bonded to the substrate which exposes the flake particles despite loss of the coating binder, thus offering sustained protection and influencing the market revenue.

By Product
• Aluminum
o By Application
 Paints & coatings
 Plastics
 Printing inks
 Cosmetics
• Zinc
o By Application
 Paints & coatings
 Plastics
 Printing inks
 Cosmetics
 Others
• Copper
o By Application
 Paints & coatings
 Plastics
 Printing inks
 Textiles
 Others
• Stainless steel
o By Application
 Paints & coatings
 Plastics
 Printing inks
 Others
• Nickel
o By Application
 Paints & coatings
 Plastics
 Others

Browse key industry insights spread across 300 pages with 396 market data tables & 42 figures & charts from the report, “Metallic Pigments Market” in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/metallic-pigments-market

North America driven by the U.S., Canada and Mexico nickel-based metallic pigments market size may witness consumption at over 2.4 kilo tons up to 2024. These products provide several benefits such as versatility, high corrosion resistance, electrical conductivity, ferromagnetism and attractive appearance. These products have various applications including decorative coatings and electrically-conductive coatings for aerospace & military applications, and wall shields.

Germany aluminum based metallic pigments market demand from printing ink applications may witness gains at over 5.5% by 2024. Beneficial product features such as enhanced flake geometry, solvent-free product forms, tighter particle distribution and improved adhesion may stimulate market growth. These products are suitable for various printing applications such as gravure printing, screen printing, flexography, offset printing and thermal transfer printing which is expected to boost overall market size.

Sun Chemical Corporation, BASF SE, Altana, Silberline Manufacturing, Carl Schlenk and Toyo Aluminium are some of the prominent industry participants in the market. Companies are highly engaged in forming collaboration to expand their regional reach along with heavy investments in R&D activities to develop new products and expand their product portfolio.

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Global Market Insights, Inc.
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About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.