Anthony Locicero, Associate Editor07.31.18
Metallic pigments play a key role in many industries, from automotive coatings to printing inks. When it comes to inks, metallics can help brand owners catch the attention of consumers.
The global metallic pigments market is growing. It accounted for $885.63 million in 2017 – up from $773.5 million in 2014, according to Grand View Research – and is expected to reach $1.86 billion by 2026, growing at a CAGR of 8.6% during the forecast period, per ResearchandMarkets.com.
The market will rise to $1.2 billion by 2022, according to Grand View Research. Between 2017-2021, Technavio projected a 7.44% CAGR growth.
An increase in demand from automotive coatings, a growing demand from printing inks and the packaging industry will lead to more growth, according to ResearchandMarkets.com.
According to Grand View Research, development of innovative metal oxides with unique substrate layering and new flake technology has opened up lucrative avenues for growth.
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