The “Pearlescent Pigment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, report by IMARC Group offers a detailed analysis of the industry, including the pearlescent pigment market growth, share, size, trends, and business forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the Pearlescent Pigment Market?
The global pearlescent pigment market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
What is Pearlescent Pigment?
Pearlescent pigments represent non-reactive, transparent, and non-toxic platelets that can reflect light and create a lustrous effect, on account of their smooth textures. These tints also provide color and intricate visual effects to various plastics, coatings, and printing inks. Pearlescent pigments are obtained from natural sources, such as fish scales, or synthetic sources, including bismuth oxychloride, metal oxide-coated mica, basic lead carbonate, lead arsenate, etc. In addition to this, they are widely available in innovative designs and several platelet sizes, thicknesses, coarseness of the particles and pigment concentration, etc.
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What are the Growth Prospects and Trends in the Pearlescent Pigment Market?
The escalating demand for these tints in the automotive industry as an alternative to metallics, owing to the high weathering-resistant properties, and the rising sales of passenger and commercial vehicles across the globe are among the primary factors driving the pearlescent pigment market. Besides this, the growing utilization of these platelets in numerous personal care products, such as eyeshadow, blush, highlighter, lip gloss, bronzer, etc., to create a matte finish and add color, sparkle, glitter, etc., is further augmenting the market growth. Moreover, the inflating popularity of pearlescent pigments in packaging materials of food items, as they provide high stability of light sensitization and acid, alkali, and high-temperature resistance, is also catalyzing the global market. Apart from this, the increasing consumer inclination towards packaged meals is acting as another significant growth-inducing factor. Furthermore, the easy availability of sustainable products and customized formulas via e-commerce channels and the development of unisex cosmetic items are anticipated to propel the pearlescent pigment market over the forecasted period.
Who are the key Players Operating in the Industry?
- Aal Chem
- Altana AG
- BASF SE
- Brenntag SE
- Geotech International B.V.
- L’Arca Srl
- Merck KGaA
- Pritty Pearlescent Pigments Co. Ltd.
- RIKA Technology Co. Ltd.
- Sinoparst Science and Technology Co. Ltd.
- Smarol Industry Co. Ltd.
- Sudarshan Chemical Industries Limited
What is included in Market Segmentation?
The report has segmented the market into the following categories:
Breakup by Product:
- Natural Pearl Essence
- Titanium Dioxide Mica
- Ferric Oxide Mica
- Combination Mica
Breakup by Form:
- Dispersion and Paste
Breakup by Application:
- Paints and Coatings
- Printing Inks
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market Performance
- Market Outlook
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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