According to IMARC Group's latest research report, titled "Pearlescent Pigment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights into the pearlescent pigment market demand. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global pearlescent pigment market reached a value of US$ 1.62 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.34 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027.
Pearlescent Pigment Market Outlook:
Pearlescent pigments are versatile coated mica platelets manufactured using a mica base that offer an iridescent effect. They are widely used in gravure, offset, and flexographic printing inks due to their versatile nature, compatibility, insolubility with several substances, and overall aesthetic appeal. These pigments are substituting glitter and conventional solid colors in food packaging, toys, textiles, and other applications.
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Pearlescent Pigment Market Growth:
The global market is majorly driven by the significant product demand from the automotive industry. In line with this, the growing preference for exclusivity and aesthetics in automotive paints and industrial coatings is positively influencing the market across the globe. Furthermore, key market players are investing in rapid technological innovations to introduce high performance, special-effect pearl pigments that focus on sustainability, thereby creating a positive outlook for the market. Besides this, the increasing demand for pigments in the personal care and cosmetics industry is further catalyzing the market growth. Additionally, the widespread popularity of high luster pigments in industrial coating applications is providing a boost to the market.
Key Market Segmentation:
Competitive Landscape:
Aal Chem
Altana AG
BASF SE
Brenntag SE
Geotech International B.V.
L’Arca Srl
Merck KGaA
Pritty Pearlescent Pigments Co. Ltd.
RIKA Technology Co. Ltd.
Sinoparst Science and Technology Co. Ltd.
Smarol Industry Co. Ltd.
Sudarshan Chemical Industries Limited
Breakup by Product:
Natural Pearl Essence
Titanium Dioxide Mica
Ferric Oxide Mica
Combination Mica
Others
Breakup by Form:
Powder
Dispersion and Paste
Breakup by Application:
Paints and Coatings
Plastics
Printing Inks
Cosmetics
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
Market Performance
Market Outlook
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
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