Paint Pigments Market Analysis - Global Industry Size, Share, Trends and Forecast, 2019 - 2027
The Global Aluminum pigment
market is categorized into five regions based on geography, namely–North
America, Europe, Asia Pacific, Latin America and the Middle East & Africa.
Among them, North America was one of the largest market share holder as of 2016
and is predicted to grow with a healthy CAGR over the assessment period. The
Middle Eastern & African market is categorized into Iraq, the United Arab
Emirates, Saudi Arabia, Iran, and Kuwait. Aforementioned nations are predicted
to drive the demand for aluminum pigment in the upcoming years. Due to presence
of matured oil reserves and oil refineries, it is anticipated that the aluminum
pigment based protective coatings for industrial machinery utilization will be
higher. Moreover, the rising demand for aluminum pigment based architectural
coatings consumption in the Middle East & African countries is predicted to
fuel the growth of the market. In North America, the aluminum pigment market is
predicted to grow with the highest CAGR during the assessment period, 2017 to
2023. Furniture coatings and protective coatings for aerospace industry is the
main area for aluminum pigment consumption in the region, as majority of
furniture and aerospace vehicles produced are in North America.
European Aluminum Pigment Market is classified into Russia, Germany,
U.K, Spain, Italy, and France are expected to be the dominant region on account
of the increasing automobile manufacturing coupled with increasing innovation.
Moreover, robust presence of automobile manufacturers along with the increasing
consumption of lubricants is predicted to fuel the demand for aluminum pigment
over the assessment period. In Latin America, countries such as Brazil and
Mexico are expected to witness a decline in the market growth on account of the
financial and political turmoil. Asia Pacific is predicted to be a healthy
growing market due to the emerging crude oil processing as well as rapid
industrialization in India and China. Moreover, rising number of passenger cars
and heavy duty vehicles along with increased usage of aluminum pigment based
coatings is expected to drive the demand for aluminum pigment in this region.
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Table
Of Contents
1
Report Prologue
2
Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market Structure
3
Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4
Market Dynamics
4.1 Introduction
4.2 Growth Drivers
4.3 Restraints
4.4 Mega Trends
4.5 Macroeconomic Indicators
5
Market Factor Analysis
5.1 Porter's 5 Forces Analysis
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of
Suppliers
5.1.3 Bargaining Power Of
Buyers
5.1.4 Threat Of Substitute
5.1.5 Segment Rivalry
5.2 Value Chain Analysis
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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