Paint Pigments Market Growth - Global Industry Size, Share, Trends and Forecast, 2022 – 2030
The Global Aluminum pigment market Growth 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, 2022 to 2030. 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
Growth 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 growth 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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