Pearlescent Pigment Market By Type (Natural Pearl Essence, Titanium Dioxide Mica, Ferric Oxide Mica, Others), By Application (Paints and Coatings, Plastics, Printing Ink, Cosmetics and Personal Care, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global pearlescent pigment market size was valued at $1.2 billion in 2021, and is projected to reach $2.2 billion by 2031, growing at a CAGR of 6.3% from 2022 to 2031.
Pearlescent pigments are mica platelets covered with color that add color and fascinating visual effects to coatings, plastics, and printing ink. Owing to their flat surfaces, these luster pigments are transparent and reflect light. Pearlescent colors provide excellent whiteness, brightness, and a variety of optical effects ranging from a fine-grained shine to a strong silvery-white sparkle. These pigments are frequently used in plastics packaging, personal care products packaging, coatings, inks, and other applications. Pearlescent pigments are commonly utilized in applications that demand a soft sheen or a satin glossy look. These is produced by depositing an in-situ TiO2 surface coating on mica and combining it with a titanium chemical precursor.
The edible pearlescent pigment is composed of natural mica substrate, which is beneficial for health and may be utilized in confections, nutritional supplements, cereals, alcoholic beverages, and gelatin desserts.
The pearlescent pigments market is segmented into type, application, and region. On the basis of type, the market is categorized into natural pearl essence, titanium dioxide mica, ferric oxide mica, and others. On the basis of application, it is fragmented into paints & coatings, plastics, printing ink, cosmetics & personal care, and others. Region wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.
Growth drivers, restraints, and opportunities are explained in the report to better understand the market dynamics. This report further highlights key areas of investment. In addition, it includes Porter’s five forces analysis to understand the competitive scenario of the industry and role of each stakeholder. Value chain analysis for this industry, which includes R&D, components manufacturers, assembly, programming & testing, marketing & sales, customers, and post-sales services, is explained. The report features strategies adopted by key market players to maintain their foothold in the market. Furthermore, it highlights the competitive landscape of the key players to increase their market share and sustain intense competition in the industry.
In addition, the report covers profiles of key industry participants such as BASF SE, Eckart GmbH, Geotech International B.V., Sun Chemical, RIKA Technology Co., Ltd., Kromachem Ltd, IFC Solutions, Zhejiang Ruicheng New Material Co., Ltd., Chemical Technologies SIA, and Kuncai Americas, LLC.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the pearlescent pigment market analysis from 2021 to 2031 to identify the prevailing pearlescent pigment market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the pearlescent pigment market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global pearlescent pigment market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Natural Pearl Essence
Titanium Dioxide Mica
Ferric Oxide Mica
Others
By Application
Paints and Coatings
Plastics
Printing Ink
Cosmetics and Personal Care
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Australia
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
Key Market Players
BASF SE
Eckart GmbH
Sun Chemical
Kromachem Ltd
ifc solutions
Chemical Technologies SIA
Kuncai Americas, LLC
RIKA Technology Co., Ltd.
Zhejiang Ruicheng New Material Co., Ltd.
Geotech International B.V.
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