Aluminum Pigment Market Share- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2022 - 2030
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 Share 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 share 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)
Industry/ Innovation/ Related News:
September 25, 2018 – Meridian Adhesives Group LLC
(US), a leading manufacturer of high-value adhesives and sealants technologies
announced the acquisition of W.F. Taylor Co., Inc. (US), a manufacturer and
marketer of flooring adhesives and related products.
This, third acquisition in a row in the year 2018
will add specialty flooring adhesives to Meridian’s portfolio, which currently
includes high-performance specialty epoxy, polyurethane and hybrid adhesives
for the electronics, medical, construction and infrastructure markets.
Global High-Performance Epoxy Market – Segments
MRFR has segmented its analysis into three key
dynamics for an easy grasp;
By
Types : Resins, Adhesives,
Pigments, and Solvents among others.
By End-Uses : Aerospace &
Marine, Automotive, and Consumer Goods among others.
By Regions :
Europe, North America, APAC, and the Rest-of-the-World.
High Performance Epoxy Market – Geographical
Analysis
Globally, the Asia Pacific region accounts for the
significant share in the global high-performance epoxy market. Owing to
the augmented demand from the end-user industries such as electronics,
coatings, and adhesives in India, Japan, China, and South Korea, the market is
projected to retain its dominance in the global market during the review
period.
Furthermore, the availability of cost-competitive,
skilled labor force available alongside the favorable governmental policies, is
fostering the growth of the regional market. This also further attracts foreign
investors while encouraging manufacturers to shift their production units to
the flourishing market in the APAC.
The MEA region (the Middle East & Africa)
accounts for the second largest market for high performance epoxy, holding a
considerable market share in the global market. Increasing demand for
coatings, adhesives, composites in industries drives the growth in the regional
market. End-use sectors including marine, automotive, and spurting Paints &
Curing industry are fostering the increase in the MEA high-performance epoxy
market.
Whereas, developed regions such as North America and
Europe are expected to witness a sluggish growth over the forecast period –
2016-2022. Factors such as the stringent regulations against the VOC
emittance during the production of these materials impedes the market growth in
these regions.
Global High-Performance Epoxy Market –
Competitive Landscape
The fiercely competitive high-performance epoxy
market share appears to be fragmented due to the presence of several large and
small-scale companies. These companies are focused on improving their market
performance and increasingly acquire promising companies to expand in the
fast-growing regions. Growing innovations in production technologies are
further intensifying the competition in the market. At the same time, the
market also demonstrates strong investment opportunities for the market
players.
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