Aluminum Pigments Market Report

Market Insights

The global aluminum pigments market is expected to grow from USD 396.64 million in 2022 to USD 572.79 million by 2028, at an impressive CAGR of 6.23% during the forecast period. Surge in demand for aesthetically superior automobiles with lustrous paint and family cars due to rapid economic development is likely to drive the market. Furthermore, increasing product use in automotive OEM parts, exterior and interior coatings, as well as in refinishing and repair operations., is expected to fuel the growth of the market during the forecast period.  

Segments' Analysis

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Aluminum Pigments Market Share: By Grade Type

Based on the grade type, the market is segmented as leafing and non-leafing. The non-leafing grade segment is expected to lead the market during the forecast period. The growth of the segment is driven by its long-lasting effects. Exhibiting better corrosion and abrasion resistance, non-leafing grade aluminum pigments find a wide range of applications for metallic paints; and, the automotive industry requiring durable and stable paints for superior aesthetic features happen to be just one among many others. Surge in demand for personal vehicles in developing countries will have a significant impact on the non-leafing market growth over the forecast period.

Aluminum Pigments Market Share: By End-User Type

Based on the end-user type, the market is segmented as paints & coatings, plastic, personal care, printing inks, and others. The paints & coatings segment is anticipated to be the leading segment of the market during the forecast period. The segment accounted for more than 40% share of the overall industry on account of product application in aerospace, automotive, construction, and other metallic paints. Furthermore, increasing sales of passenger cars and aircraft in order to meet the rising tourism demand will augment the growth of the market in the coming years.

Aluminum Pigments Market Share: By Region

In terms of regions, Asia-Pacific is estimated to be the leading region in the market for aluminum pigments during the forecast period. The region’s growth can be attributed to the fast-growing economies in the region such as China, India, Japan, and South Korea. Furthermore, growing demand for personal vehicles, cosmetics, and printing inks for periodicals and advertising materials will drive the product demand in the regional market during the forecast period.

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Market Scope & Segmentation

Aluminum Pigments are made from atomized aluminum powder and are available in both leafing and non-leafing grades. They are used in everything from graphic arts and inks to automotive paints and bridge and building protective coatings.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The aluminum pigments market is segmented into the following categories:

Aluminum Pigments Market Size, Share, & Forecast, by Grade Type:

• Leafing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Non-leafing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aluminum Pigments Market Size, Share, & Forecast, by End-User Type:

• Paints & Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Plastic (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Printing Inks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Aluminum Pigments Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the aluminum pigments market are-

• Altana AG
• Silberline
• Carl Schlenk AG
• Carlfors Bruk AB
• BASF SE
• Sun Chemical
• Zhangqiu Metallic Pigment Co., LTD
• Alba Aluminiu S.R.L.
• Metaflake Ltd.
• Toyal America, Inc.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the grade types by end-user type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.