ID: MRFR/CnM/0476-HCR | August 2022 | Region: Global | 140 Pages
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Market Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Supply Chain Analysis
4.1.1 Raw Material Suppliers
4.1.2 Manufacturers/Producers
4.1.3 Distributors/Retailers/Wholesalers/E-Commerce
4.1.4 End-Users
4.2 Porterβs Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5 Market Dynamics of the Global Aluminum Pigments Market
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges
5.6 Trends/Strategies
6. Global Aluminum Pigments Market, by Type
6.1 Introduction
6.2 Leafing
6.2.1 Market Estimates & Forecast, 2020β2027
6.2.2 Market Estimates & Forecast, by Region, 2020β2027
6.3 Non-Leafing
6.3.1 Market Estimates & Forecast, 2020β2027
6.3.2 Market Estimates & Forecast, by Region, 2020β2027
7. Global Aluminum Pigments Market, by Form
7.1 Introduction
7.2 Paste
7.2.1 Market Estimates & Forecast, 2020β2027
7.2.2 Market Estimates & Forecast, by Region, 2020β2027
7.3 Powder
7.3.1 Market Estimates & Forecast, 2020β2027
7.3.2 Market Estimates & Forecast, by Region, 2020β2027
7.4 Pellet
7.4.1 Market Estimates & Forecast, 2020β2027
7.4.2 Market Estimates & Forecast, by Region, 2020β2027
7.5 Flakes
7.5.1 Market Estimates & Forecast, 2020β2027
7.5.2 Market Estimates & Forecast, by Region, 2020β2027
8. Global Aluminum Pigments Market, by End-use Industry
8.1 Introduction
8.2 Paints & Coatings
8.2.1 Market Estimates & Forecast, 2020β2027
8.2.2 Market Estimates & Forecast, by Region, 2020β2027
8.3 Printing Ink
8.3.1 Market Estimates & Forecast, 2020β2027
8.3.2 Market Estimates & Forecast, by Region, 2020β2027
8.4 Plastics
8.4.1 Market Estimates & Forecast, 2020β2027
8.4.2 Market Estimates & Forecast, by Region, 2020β2027
8.5 Cosmetics
8.5.1 Market Estimates & Forecast, 2020β2027
8.5.2 Market Estimates & Forecast, by Region, 2020β2027
8.6 Others
8.6.1 Market Estimates & Forecast, 2020β2027
8.6.2 Market Estimates & Forecast, by Region, 2020β2027
9. Global Aluminum Pigments Market, by Region
9.1 Introduction
9.2 North America
9.2.1 Market Estimates & Forecast, 2020β2027
9.2.2 Market Estimates & Forecast, by Type, 2020β2027
9.2.3 Market Estimates & Forecast, by Form, 2020β2027
9.2.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.2.5 US
9.2.5.1 Market Estimates & Forecast, 2020β2027
9.2.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.2.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.2.5.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.2.6 Canada
9.2.6.1 Market Estimates & Forecast, 2020β2027
9.2.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.2.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.2.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3 Europe
9.3.1 Market Estimates & Forecast, 2020β2027
9.3.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.5 Germany
9.3.5.1 Market Estimates & Forecast, 2020β2027
9.3.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.5.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.6. France
9.3.6.1 Market Estimates & Forecast, 2020β2027
9.3.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.7 Italy
9.3.7.1 Market Estimates & Forecast, 2020β2027
9.3.7.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.7.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.7.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.8 Spain
9.3.8.1 Market Estimates & Forecast, 2020β2027
9.3.8.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.8.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.8.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.9 UK
9.3.9.1 Market Estimates & Forecast, 2020β2027
9.3.9.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.9.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.9.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.10 Russia
9.3.10.1 Market Estimates & Forecast, 2020β2027
9.3.10.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.10.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.10.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.11 Poland
9.3.11.1 Market Estimates & Forecast, 2020β2027
9.3.11.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.11.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.11.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.3.12 Rest of Europe
9.3.12.1 Market Estimates & Forecast, 2020β2027
9.3.12.2 Market Estimates & Forecast, by Type, 2020β2027
9.3.12.3 Market Estimates & Forecast, by Form, 2020β2027
9.3.12.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4 Asia-Pacific
9.4.1 Market Estimates & Forecast, 2020β2027
9.4.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.5 China
9.4.5.1 Market Estimates & Forecast, 2020β2027
9.4.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.5.3 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.6 India
9.4.6.1 Market Estimates & Forecast, 2020β2027
9.4.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.7 Japan
9.4.7.1 Market Estimates & Forecast, 2020β2027
9.4.7.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.7.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.7.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.8 Australia & New Zealand
9.4.8.1 Market Estimates & Forecast, 2020β2027
9.4.8.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.8.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.8.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.9 Indonesia & South Korea
9.4.9.1 Market Estimates & Forecast, 2020β2027
9.4.9.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.9.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.9.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.4.10 Rest of Asia-Pacific
9.4.10.1 Market Estimates & Forecast, 2020β2027
9.4.10.2 Market Estimates & Forecast, by Type, 2020β2027
9.4.10.3 Market Estimates & Forecast, by Form, 2020β2027
9.4.10.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5 Middle East & Africa
9.5.1 Market Estimates & Forecast, 2020β2027
9.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5.5 GCC
9.5.5.1 Market Estimates & Forecast, 2020β2027
9.5.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.5.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5.6 Israel
9.5.6.1 Market Estimates & Forecast, 2020β2027
9.5.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5.7 North Africa
9.5.7.1 Market Estimates & Forecast, 2020β2027
9.5.7.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.7.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.7.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5.8 Turkey
9.5.8.1 Market Estimates & Forecast, 2020β2027
9.5.8.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.8.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.8.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.5.9 Rest of the Middle East & Africa
9.5.9.1 Market Estimates & Forecast, 2020β2027
9.5.9.2 Market Estimates & Forecast, by Type, 2020β2027
9.5.9.3 Market Estimates & Forecast, by Form, 2020β2027
9.5.9.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.6 Latin America
9.6.1 Market Estimates & Forecast, 2020β2027
9.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.6.5 Brazil
9.6.5.1 Market Estimates & Forecast, 2020β2027
9.6.5.2 Market Estimates & Forecast, by Type, 2020β2027
9.6.5.3 Market Estimates & Forecast, by Form, 2020β2027
9.6.5.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.6.6 Mexico
9.6.6.1 Market Estimates & Forecast, 2020β2027
9.6.6.2 Market Estimates & Forecast, by Type, 2020β2027
9.6.6.3 Market Estimates & Forecast, by Form, 2020β2027
9.6.6.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.6.7 Argentina
9.6.7.1 Market Estimates & Forecast, 2020β2027
9.6.7.2 Market Estimates & Forecast, by Type, 2020β2027
9.6.7.3 Market Estimates & Forecast, by Form, 2020β2027
9.6.7.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
9.6.8 Rest of Latin America
9.6.8.1 Market Estimates & Forecast, 2020β2027
9.6.8.2 Market Estimates & Forecast, by Type, 2020β2027
9.6.8.3 Market Estimates & Forecast, by Form, 2020β2027
9.6.8.4 Market Estimates & Forecast, by End-use Industry, 2020β2027
10. Company Landscape
10.1 Introduction
10.2 Market Strategy
10.3 Key Development Analysis
(Expansions/Mergers & Acquisitions/Joint Ventures/New Form Developments/Agreements/Investments)
11. Company Profiles
11.1 Silberline Manufacturing Co., Inc.
11.1.1 Company Overview
11.1.2 Financial Updates
11.1.3 Form/Business Segment Overview
11.1.4 Strategy
11.1.5 Key Developments
11.1.6 SWOT Analysis
11.2 ALTANA
11.2.1 Company Overview
11.2.2 Financial Updates
11.2.3 Form/Business Segment Overview
11.2.4 Strategy
11.2.5 Key Developments
11.2.6 SWOT Analysis
11.3 BASF SE
11.3.1 Company Overview
11.3.2 Financial Updates
11.3.3 Form/Business Segment Overview
11.3.4 Strategy
11.3.5 Key Developments
11.3.6 SWOT Analysis
11.4 Kolortek Co., Ltd
11.4.1 Company Overview
11.4.2 Financial Updates
11.4.3 Form/Business Segment Overview
11.4.4 Strategy
11.4.5 Key Developments
11.4.6 SWOT Analysis
11.5 GEOTECH
11.5.1 Company Overview
11.5.2 Financial Updates
11.5.3 Form/Business Segment Overview
11.5.4 Strategy
11.5.5 Key Developments
11.5.6 SWOT Analysis
11.6 Hefei Sunrise Aluminium Pigments Co.,Ltd
11.6.1 Company Overview
11.6.2 Financial Updates
11.6.3 Form/Business Segment Overview
11.6.4 Strategy
11.6.5 Key Developments
11.6.6 SWOT Analysis
11.7 Asahi Kasei Corporation
11.7.1 Company Overview
11.7.2 Financial Updates
11.7.3 Form/Business Segment Overview
11.7.4 Strategy
11.7.5 Key Developments
11.7.6 SWOT Analysis
11.8 Toyal America, Inc.
11.8.1 Company Overview
11.8.2 Financial Updates
11.8.3 Form/Business Segment Overview
11.8.4 Strategy
11.8.5 Key Developments
11.8.6 SWOT Analysis
11.9 CARLFORS BRUK
11.9.1 Company Overview
11.9.2 Financial Updates
11.9.3 Form/Business Segment Overview
11.9.4 Strategy
11.9.5 Key Developments
11.9.6 SWOT Analysis
11.10 FX Pigments Pvt. Ltd
11.10.1 Company Overview
11.10.2 Financial Updates
11.10.3 Form/Business Segment Overview
11.10.4 Strategy
11.10.5 Key Developments
11.10.6 SWOT Analysis
11.11 METAFLAKE Ltd.
11.11.1 Company Overview
11.11.2 Financial Updates
11.11.3 Form/Business Segment Overview
11.11.4 Strategy
11.11.5 Key Developments
11.11.6 SWOT Analysis
11.12 Arasan Aluminium Industries (P) Ltd.
11.12.1 Company Overview
11.12.2 Financial Updates
11.12.3 Form/Business Segment Overview
11.12.4 Strategy
11.12.5 Key Developments
11.12.6 SWOT Analysis
12. Conclusion
LIST OF TABLES
Table 1 Global Aluminum Pigments Market, by Region, 2020β2027
Table 2 North America: Aluminum Pigments Market, by Country, 2020β2027
Table 3 Europe: Aluminum Pigments Market, by Country, 2020β2027
Table 4 Asia-Pacific: Aluminum Pigments Market, by Country, 2020β2027
Table 5 Middle East & Africa: Aluminum Pigments Market, by Country, 2020β2027
Table 6 Latin America: Aluminum Pigments Market, by Country, 2020β2027
Table 7 Global Aluminum Pigments Type Market, by Region, 2020β2027
Table 8 North America: Aluminum Pigments Type Market, by Country, 2020β2027
Table 9 Europe: Aluminum Pigments Type Market, by Country, 2020β2027
Table10 Asia-Pacific: Aluminum Pigments Type Market, by Country, 2020β2027
Table11 Middle East & Africa: Aluminum Pigments Type Market, by Country, 2020β2027
Table12 Latin America: Aluminum Pigments Type Market, by Country, 2020β2027
Table13 Global Aluminum Pigments Form Market, by Region, 2020β2027
Table14 North America: Aluminum Pigments Form Market, by Country, 2020β2027
Table15 Europe: Aluminum Pigments Form Market, by Country, 2020β2027
Table16 Asia-Pacific: Aluminum Pigments Form Market, by Country, 2020β2027
Table17 Middle East & Africa: Aluminum Pigments Form Market, by Country, 2020β2027
Table18 Latin America: Aluminum Pigments Form Market, by Country, 2020β2027
Table19 Global Aluminum Pigments End-use Industry Market, by Region, 2020β2027
Table20 North America: Aluminum Pigments End-use Industry Market, by Country, 2020β2027
Table21 Europe: Aluminum Pigments End-use Industry Market, by Country, 2020β2027
Table22 Asia-Pacific: Aluminum Pigments End-use Industry Market, by Country, 2020β2027
Table23 Middle East & Africa: Aluminum Pigments End-use Industry Market, by Country, 2020β2027
Table24 Latin America: Aluminum Pigments End-use Industry Market, by Country, 2020β2027
Table25 Global Type Market, by Region, 2020β2027
Table26 Global Form Market, by Region, 2020β2027
Table27 Global End-use Industry Market, by Region, 2020β2027
Table28 North America: Aluminum Pigments Market, by Country
Table29 North America: Aluminum Pigments Market, by Type
Table30 North America: Aluminum Pigments Market, by Form
Table31 North America: Aluminum Pigments Market, by End-use Industry
Table32 Europe: Aluminum Pigments Market, by Country
Table33 Europe: Aluminum Pigments Market, by Type
Table34 Europe: Aluminum Pigments Market, by Form
Table35 Europe: Aluminum Pigments Market, by End-use Industry
Table36 Asia-Pacific: Aluminum Pigments Market, by Country
Table37 Asia-Pacific: Aluminum Pigments Market, by Type
Table38 Asia-Pacific: Aluminum Pigments Market, by Form
Table39 Asia-Pacific: Aluminum Pigments Market, by End-use Industry
Table40 Middle East & Africa: Aluminum Pigments Market, by Country
Table41 Middle East & Africa Aluminum Pigments Market, by Type
Table42 Middle East & Africa Aluminum Pigments Market, by Form
Table43 Middle East & Africa: Aluminum Pigments Market, by End-use Industry
Table44 Latin America: Aluminum Pigments Market, by Country
Table45 Latin America Aluminum Pigments Market, by Type
Table46 Latin America Aluminum Pigments Market, by Form
Table47 Latin America: Aluminum Pigments Market, by End-use Industry
LIST OF FIGURES
FIGURE 1 Global Aluminum Pigments Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Porterβs Five Forces Analysis of Global Aluminum Pigments Market
FIGURE 4 Value Chain of Global Aluminum Pigments Market
FIGURE 5 Share of Global Aluminum Pigments Market in 2020, by Country (%)
FIGURE 6 Global Aluminum Pigments Market, 2020β2027,
FIGURE 7 Global Aluminum Pigments Market Size by Types, 2020
FIGURE 8 Share of Global Aluminum Pigments Market, by Type, 2020β2027
FIGURE 9 Global Aluminum Pigments Market Size, by Form, 2020
FIGURE 10 Share of Global Aluminum Pigments Market, by Form, 2020β2027
FIGURE 11 Global Aluminum Pigments Market Size, by End-use Industry, 2020
FIGURE 12 Share of Global Aluminum Pigments Market, by End-use Industry, 2020β2027
$892 Million
6%
Asia-Pacific
2022-2030
Aluminum pigments are produced from aluminum powder using the wet-milling manufacturing process. Usually, mineral spirits and a fatty acid lubricant are added to the ball mills along with the aluminum powder. The slurry concentration of aluminum is only 4%. The fatty acid lubricant is used to prevent the cold welding of the pigment. These pigments withstand curing temperature of around 180°C.
The primary driver of the Global Aluminum Pigments Market due to their superior properties such as resistance to chemical attacks, discoloration, weather, and harsh temperatures. The growth of the end-use industries such as the paints & coatings, printing inks, plastics, and cosmetics across the globe drives the demand for aluminum pigments. The paints & coatings account for a major market share of the global aluminum pigments due to the extensive demand for paints & coatings in the automotive, construction, aerospace, and shipbuilding industries for numerous applications such as roof coatings, marine coatings, protective coatings, anti-corrosion coatings, decorative coatings, and industrial coatings. Moreover, aluminum pigments are gaining attention as an ideal choice to print decorative labels and to conceal imperfections of the metal can result in the food & beverage industry.
Players in this market are continuously working towards strategic growth initiatives such as expansion to strengthen their position in the global market and to remain in the forefront to meet the rising demand for the product. For instance, in October 2018, Silberline Manufacturing Co., Inc., a special-effect aluminum pigments manufacturing company announced plans for an expansion of its production capabilities in Pennsylvania, to produce pigments compatible with water-borne environment-friendly coating systems.
However, the stringent regulations on mining activities as well as the availability of substitutes are projected to restrain the market growth during the forecast period.
Key Players
Global Aluminum Pigments Market Share, by End-Use Industry, 2018 (%)
Source: MRFR Analysis
Regional Analysis
The Global Aluminum Pigments Market, by Region, has been segmented into Asia-Pacific, Latin America, Europe, North America, and the Middle East & Africa.
The market in Asia-Pacific accounted for the largest market share in 2018 on account of the growth of the major end-use industries such as paints & coatings, plastics, and cosmetics. The widespread use of paints & coatings in complimentary end-use industries such as building & construction, shipbuilding, automotive, among others is a major driver for the aluminum pigments in manufacturing paints & coatings. The changing lifestyle trend and the increasing consciousness about appearance coupled with the affordability have resulted in high sales of cosmetics, which is projected to drive the regional demand.
The European region is expected to showcase significant growth on the backdrop of the high demand for paints & coatings in the production of automobile components. Moreover, the high standard of living in the region fuels the demand for aluminum pigments in coatings of food cans. Additionally, the use of plastic products across the major end-use industries as they offer lighter weight, better biocompatibility, and lower cost in region is propelling the market growth.
North America is projected to register a healthy CAGR during the review period due to the presence of the large industrial base across the US and Canada.
Segmentation
The Global Aluminum Pigments Market has been segmented by Type, Form, End-Use Industry, and Region.
On the basis of Type, the global market has been segregated into leafing and non-leafing.
By Form, the global market has been segmented into paste, pellet, powder, and flakes.
Based on End-Use Industry, the Global Aluminum Pigments Market has been categorized as paints & coatings, printing inks, plastics, cosmetics, and others.
Intended Audience
Report Attribute/Metric | Details |
---|---|
Market Size | USD 892 million 2030 |
CAGR | 6% 2030 |
Base Year | 2021 |
Forecast Period | 2021-2030 |
Historical Data | 2019Β &Β 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, End-User |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | 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) |
Key Market Opportunities | Extensive demand for paints & coatings |
Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The global aluminum pigments market is expected to rise to a valuation of USD 892 million by 2030.
The global aluminum pigments market is expected to exhibit a strong 6% CAGR over the forecast period from 2021-2030.
The paints and coatings industry is the leading end user of aluminum pigments, followed by the printing inks market.
Leading players in the aluminum pigment market include Silberline Manufacturing Co. Inc., Altana, BASF SE, Kolortek Co. Ltd., Asahi Kasei Corporation, Toyal America Inc., and FX Pigments Pvt. Ltd.
Asia Pacific accounted for the largest share in the aluminum pigments market in 2018 due to the growing demand for paints and coatings in the growing automotive and construction industries in the region.