Specialty Metallic Pigments Market Size, Share, Growth, and Industry Analysis, By Type (Aluminum, Copper, Zinc, Stainless Steel and Others), By Application (Paints and Coatings, Printing Inks, Plastics, Cosmetics and Others) and Regional Insights and Forecast to 2031

Updated On: 08 April 2024

SPECIALTY METALLIC PIGMENTS MARKET REPORT OVERVIEW

• 

• Request a Free Sample to learn more about this report

The global specialty metallic pigments market size was USD 1395 million in 2020 and will touch USD 1862.8 million by 2027, exhibiting a CAGR of 4.3% during the forecast period.

Tiny metal particles are used to make metallic pigments. They are available in a variety of hues, including as bronze, copper, gold, and silver. Paints and coatings can be enhanced with unique effects by utilizing metallic pigments. They can be used, for instance, to give a surface a metallic appearance or to give the impression that it is coated with tiny light specks. They are also a common ingredient in nail paints and eye shadows, among other cosmetics. Additionally, metallic pigments may be utilized to create reflective fabrics for safety gear and clothes due to their reflecting qualities. It may also be used to printing inks to give them a metallic, shining appearance. Due to the rising need for paints and coatings, printing inks, plastics, cosmetics, and other applications worldwide, the global specialty metallic pigments market is expected to rise.

COVID-19 Impact: Fluctuating Demand from the End-Use Industries in the Phase of COVID-19 Tranquilized the Market Growth

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

It's possible that demand for specific metallic pigments has varied depending on the industry. Examples of businesses that may have seen shifts in demand due to pandemic-related causes include the automobile, construction, and cosmetics sectors—all of which are significant users of metallic pigments. There may have been varied degrees of disruption in the end-use sectors for specialized metallic pigments, including automotive, paints & coatings, plastics, and printing inks. The automobile sector had difficulties as a result of factory closures and lower consumer expenditure.

LATEST TRENDS

"Eco-Friendly and Color Shifting Pigments to Electrify the Market Growth"

Demand for ecologically friendly and sustainable products is rising in a number of industries. This also applies to the pigment business, where environmentally friendly or sustainably sourced metallic pigments are becoming more and more popular. Particularized Color-shifting metallic pigments are becoming more and more common in packaging, cosmetics, and vehicle coatings, among other uses. These pigments have the ability to provide dynamic visual effects by altering hue in response to illumination and viewing angles.

SPECIALTY METALLIC PIGMENTS MARKET SEGMENTATION

• 

• Request a Free Sample to learn more about this report

• By Type

Based on type the global market can be categorized into aluminium, copper, zinc, stainless steel and others.

Aluminum: Aluminum Paints, inks, polymers, and other materials can be given a metallic appearance by using metallic pigments. These pigments are composed of minuscule aluminum particles that have been coated to stop them from oxidizing. Aluminum metallic pigments have a shiny and dazzling quality that makes them perfect for a variety of ornamental applications. Additionally, they find employment in specialist printing applications and automotive paints. Aluminum metallic paints are also great for creating a surface that is both lightweight and durable due to their low density.

Copper: Finely powdered copper particles are used to create Copper Metallic pigments, a form of colored Mica-based pigment. For a more subdued and understated look, they are frequently employed as an alternative to silver and gold. There are several hues of copper metallic paints to choose from, ranging from a warm brown to a brilliant metallic rose gold. They are useful for many Arts & Crafts endeavors, including as jewelry making, painting, and interior design. They also add a little sheen to skincare and makeup products.

Zinc: One kind of metallic pigment is zinc metallic pigment, which is derived from zinc, a naturally occurring, harmless metal. Zinc metallic pigments have application in several areas, ranging from automotive paints to cosmetics. Their exceptional resilience to corrosion, colorfastness, and longevity are well-known attributes. Zinc metallic pigments have wide-ranging uses in paints, coatings, inks, and other media.

Stainless Steel: Stainless steel Metallic pigments are tiny bits of stainless steel that have been finely powdered and added to paints, coatings, and other materials to give them a metallic sheen. This kind of pigment comes in a variety of hues, ranging from brilliant silver to dark gray, and is frequently used to give items a distinctive appearance, particularly in industrial and automotive applications. Stainless steel pigments are perfect for outdoor applications since they are corrosion-resistant and extremely robust.

• By Application

Based on application the global market can be categorized into paints and coatings, printing inks, plastics, cosmetics and others.

Paints and Coatings: Architectural paints for both indoor and outdoor employ specialty metallic pigments to add texture, produce ornamental effects, and provide an eye-catching finish. To create metallic and pearlescent effects, automobile paints use metallic pigments. They contribute to a bright and long-lasting coating and improve the visual attractiveness of cars.

Printing Inks: For packaging purposes, printing inks include specialty metallic pigments. They aid in producing visually striking designs and improving the labels, packaging, and promotional goods' aesthetic appeal. For security printing applications, such banknotes or safe documents, metallic pigments can be added to inks to provide them anti-counterfeiting properties.

Plastics: Automotive plastic components are colored using metallic pigments to provide glossy, metallic surfaces. Specialty metallic pigments are used in plastics used in consumer goods including toys, electronics, and home furnishings to add decoration and make the products visually attractive.

Cosmetics: To create dazzling and glittering effects, specialty metallic pigments are frequently used in makeup products including eye-shadows, lipsticks, and nail polishes. To add metallic or iridescent qualities to hair color, metallic pigments can be included into hair colors and styling products.

DRIVING FACTORS

"Increasing Demand from Plastic, Paint and Coatings to Brace Up the Market Growth"

The specialized pigment market is anticipated to rise robustly over the next years due to the growing demand from plastic, paints, coatings, and printing inks. Growing infrastructure projects, particularly in the paint and coating sector, are meeting market demand. Furthermore, as the paint and coating sectors create the greatest income, rising applications in these segments are anticipated to be the most significant segment. Additionally, as the economy grows—particularly in developing nations—customers are demanding more specialty pigments, particularly for products made of plastic. Additionally, as end-user demand for laser and ink jet printing rises, this has benefited the market over the projection period.

"Consumer Demand for Attractive Packaging to Intensify the Market Growth"

Metallic pigments are perfect for printing colorful labels and attention-grabbing designs because of the growing customer demand for specialized items and appealing packaging. The industry is growing at an incredible rate because high-performance zinc-copper mixes provide a variety of cosmetics distinctive and long-lasting gold-bronze effects. The majority of the pigment's use occurs in developing nations like Brazil, Argentina, China, India, and others with fast expanding automobile and industrial industries.

RESTRAINING FACTOR

"Weather Conditions, Compatibility and Processing Challenges to Hold Back the Market Growth"

In some environments, some metallic pigments may show decreased stability or resistance to weathering. This may affect how well coatings or paints exposed to inclement weather function over time. Certain specialized metallic pigments might provide difficulties in the production process. Problems with dispersion, agglomeration, or settling might impact the end product's quality and uniformity. In some formulations, using unique metallic pigments may cause compatibility problems. The functionality of coatings, inks, and other goods may be impacted by incompatibility with specific binders or additives. However, the issues with the processing challenges, weather conditions may restrict the worldwide specialty metallic pigments market growth.

SPECIALTY METALLIC PIGMENTS MARKET REGIONAL INSIGHTS

• 

• Request a Free Sample to learn more about this report

"Asia Pacific to Lead the Market due to Rapid Industrialization and Construction Activities "

The market is primarily segregated into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.

Asia Pacific was the largest regional market in terms of volume and revenue with the specialty metallic pigments market share rising high in the forecasted period. Due to growing industrialization, which has increased building activity across a number of industries, including consumer products, automotive, and construction materials, the region has seen considerable economic growth over the past several years. The demand for specialized metallic pigments is expected to be driven by this trend continuing during the forecast period.

KEY INDUSTRY PLAYERS

"Notable Market Players Shaping the Market and Contributing in the Market Expansion"

Due to their significant market influence, major market players are essential for understanding consumer preferences and industry dynamics. Because of these big companies' extensive retail networks and online platforms, customers may easily browse through an enormous variety of clothing selections. Due to their strong global presence and well-known brand, which have also strengthened customer loyalty and confidence, product adoption has increased. 

List of Market Players Profiled

• ALTANA (Germany)
• Carl Schlenk (Germany)
• Silberline (U.S.)
• Sun Chemical (U.S.)
• Toyo Aluminium (Japan)
• BASF (Germany)
• Zuxin New Material (China)
• Zhangqiu Metallic Pigment (China)
• Sunrise (Switzerland).

INDUSTRIAL DEVELOPMENT

• Feburary 2021: By completing the purchase of TLS Technik GmbH & Co. Spezialpulver KG, specialized chemicals business ALTANA has strategically expanded its ECKART sector. TLS is one of the leading worldwide experts in this industry and is based in Bitterfeld, Germany. It has been producing premium metal powders for industrial 3D printing for over 25 years. The firm will now be referred to as ECKART TLS GmbH. Effective immediately. The transaction became public on September 14, 2020.

REPORT COVERAGE

The research provides forecasts for future market expansion in addition to a comprehensive SWOT analysis. It examines a wide range of market classifications, potential uses, and important factors that fuel the market's expansion in order to determine how the industry develops over the next several years. By considering both historical turning points and current trends, the research offers a thorough picture of the market's components and highlights potential growth prospects.