Global Special Effect Pigments Market - Maharashtra - Pune ID1079567Offering about 2 months ago - Bussiness Offer / Proposal - Pune
Global Special Effect Pigments Market is expected to reach USD 1047.02 Million by 2024 from USD 724.56 Million in 2016 at a CAGR of 5.4%.
Industrialization and construction activities led by emerging countries is driving the growth of market. Automotive and construction segment plays immense role in growth of special effect pigments market. Varied automotive colors is trending the market. Growing adoption in the cosmetic in nail paints, eyeshadows, lipsticks coupled with popularity of bio-based special effect pigments will drive the growth of the special effect pigments market.
Global Special Effect Pigments Market
Metallic pigments are widely used to achieve metallic effects such as silver, gold and chrome among others this are popular among automotive end use industry. Pearlescent pigments segment is expected to grow at a high CAGR during the forecast period. Metallic pigments are used in applications such as paints & coatings, plastics, printing inks, cosmetics to enhance appearance and brightness.
Paints & coatings application segment holds half of the market share. Special effect pigments are highly used to insert a glossy colour effective appearance. Paints & coatings is followed by plastic and printing inks segment.
Geographically, the special effect pigments market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Asia-Pacific is expected to be one of the largest markets for special effect pigments during the forecast period. This is due to the increasing demand for special effect pigments in packaging and cosmetics industries in this region.
Scope of the Report:
Special Effect Pigments Market, by Type:
• Pearlescent Pigments
• Metallic Pigments
Special Effect Pigments Market, by Application:
• Paints & Coatings
• Printing Inks
Special Effect Pigments Market, by Geography:
• North America
• Asia Pacific
• Middle East & Africa
• Latin America
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