Market research firm MarketsandMarkets a report predicts that the special pigment market in 2022 will exceed 962.2 million US dollars, 2017-2022 compound annual compound annual growth rate of 5.3%. Paint, plastics, printing inks, the development of the cosmetics industry, pulling the growth of special pigments market.
| PVA 1799 (PVA BF17) |
- according to the classification of pigments, mainly metal pigments, pearlescent pigments and others.
- In accordance with the application, special pigments can be used mainly in paints and coatings, plastics, printing inks, cosmetics and so on.
Metal Pigments: The largest share of specialty pigments in the market
| POLYVINYL ALCOHOL |
Metal pigments can enhance the appearance of the effect, brightness and access to metal effects. Metal pigments have been widely used in coatings and coatings and printing inks.
Paint and Coatings: Specialty Pigments The largest application market
The application of paints and coatings is estimated to account for the largest market share during the forecast period. It is expected that from 2017 to 2022, the value and quantity in this industry will usher in high growth.
Asia Pacific: The fastest growing region for specialty pigments
| PVA |
Factors contributing to the Asia Pacific region’s specialty pigments market are the need for differentiation and appearance in a variety of applications; the rapid development of the paint and coatings industry due to increased urbanization.
The main players of the special pigments include BASF (Germany), Clariant (Sweden), Huntsman (USA), Atlanta (Germany), Merck (Germany), Sudarshan Chemical Industries (India).
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