Metallic Pigments Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Metallic Pigments Market size is expected to reach $3.29 billion by 2031, rising at a market growth of 6.4% CAGR during the forecast period. In the year 2023, the market attained a volume of 537,458.6 tonnes, experiencing a growth of 26.0% (2020-2023).

The Aluminum segment is leading the Global Metallic Pigments Market by Product in 2023; thereby, achieving a market value of $1.19 billion by 2031. Aluminum pigments are widely used across automotive, construction, and packaging industries due to their high reflectivity and corrosion resistance. Their application in coatings, paints, and inks helps enhance various products' aesthetic appeal and durability. The increasing demand for aluminum pigments can be attributed to their versatility and effectiveness in providing a metallic finish that is both visually appealing and protective.

The Plastics segment registers a CAGR of 6.9% during (2024 - 2031). Metallic pigments in plastics impart a metallic sheen and improve the visual appeal of plastic products in various industries such as automotive, consumer electronics, and packaging. The segment’s growth is fueled by the increasing demand for aesthetically pleasing plastic components that offer functional benefits like UV resistance and color stability. The versatility of metallic pigments allows for their incorporation into a wide range of plastic materials, enhancing the final products' appearance and performance.

Full Report: https://www.kbvresearch.com/metallic-pigments-market/

The Asia Pacific region dominated the Global Metallic Pigments Market by Region in 2023; thereby, achieving a market value of $1.44 billion by 2031. The Europe region is expected to witness a CAGR of 5.7% during (2024 - 2031). Additionally, The North America region would capture a CAGR of 6.2% during (2024 - 2031).

List of Key Companies Profiled

• BASF SE
• Umicore NV-SA
• Saudi Basic Industries Corporation (SABIC)
• Asahi Kasei Corporation
• Shepherd Chemical Company
• Vibrantz Technologies Inc.
• Toyal America Inc.
• CARLFORS BRUK
• Sun Chemical
• SCHLENK SE

Metallic Pigments Market Report Segmentation

By Product (Volume, Tonnes, USD Billion, 2020-2031)

• Aluminum
• Zinc
• Copper
• Stainless Steel
• Other Products

By Application (Volume, Tonnes, USD Billion, 2020-2031)

• Paints & Coatings
• Plastics
• Cosmetics
• Printing Inks
• Other Applications

By Geography (Volume, Tonnes, USD Billion, 2020-2031)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA