Growth is being driven by specialty products and increased competition.
Catherine Diamond, Associate Editor07.29.16
Thanks to increased competition and strong consumer preference for visual effects, the metallic pigments market is expected to grow at a healthy pace for the foreseeable future.
According to a report by market research firm Grand View Research (GVR), the global market is expected to reach $1.2 billion USD by 2022. Published in March of this year, the researchers behind Metallic Pigments Market Analysis By Product (Aluminum, Zinc, Copper, Stainless Steel), By Application (Paints & Coatings, Plastics, Printing Inks, Cosmetics) and Segment Forecasts To 2022 found that technological advancements have introduced high luster and sparkling effects with increased durability for automotive OEM processing and paint refinishes.
“These odorless pigments are also widely utilized in other expanding end-use industries such as packaging, cosmetics and printing inks, particularly in emerging economies of China and India,” the report states. “Increasing consumer awareness reg
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