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Aluminum Pigments Market statistics and research analysis
released in latest report
Aluminum Pigments Market size will likely surpass USD 580 million by 2024;
according to a new research report by Global Market Insights, Inc.
Rising demand for cosmetic products will drive the aluminum pigments market
throughout the forecast period. Global cosmetics sector is experiencing a boost due
to rising income levels and purchasing power among consumers. This trend has been
more evident in the developing nations of Asia Pacific and other regions where
improving economic condition and willingness to spend on personal grooming is
driving the demand for cosmetic products.
Aluminum pigments are used in cosmetic products such as lipsticks, nail polishes and
pressed powders to impart metallic color and luster. It is also used as a substrate upon
which another color can be precipitated. The product inhibits the flow of sweat and
prevents bleeding effects in cosmetic products like lipsticks. Global cosmetics industry
was valued above 290 million in 2016 and is expected to rise at a healthy rate till 2024.
U.S. Aluminum Pigments Market size, by end-user, 2013 – 2024 (USD Million)
Usage of aluminum pigments in solvent medium may lead to serious impacts on the
environment. Solvent borne aluminum coatings emit a considerable amount of
volatile organic compounds (VOC) which are easily converted to carbon dioxide by
the oxidizing effect of sunlight. VOCs may also react with other air pollutants to
produce ozone. Both carbon dioxide and ozone are serious air pollutants. Prolonged
exposure to photochemical reactions of VOCs may lead to toxicity in human health
and create serious health problems. These reasons pose a serious challenge for the
participants in aluminum pigments market as end-user companies may look for other
The report, “Aluminum Pigments Market Size By Grade (Leafing, Non-leafing),
By End-user (Paints & Coatings, Plastic, Personal Care, Printing Inks), Industry
Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain,
Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South
Africa, GCC), Growth Potential, Price Trends, Competitive Market Share &
Forecast, 2017 – 2024” in detail along with the table of contents:
Based on grade, global aluminum pigments market is segmented as non-leafing and
leafing. Leafing grades are mostly used in printing inks and cosmetic products to
increase the brightness and impart a lustrous effect on the surface. Non-leafing grades
impart a more long-lasting effect on the coated surfaces and are resistant to abrasion
and corrosion owing to which they are extensively used in automobile paints. Growing
automobile industry will positively affect the demand for non-leafing grades and
augment the entire aluminum pigments market.
Aluminum pigments market is segmented into five end-user categories including
personal care, paints & coatings, plastic, printing inks, and other end-users like
construction materials. Plastic end-user category will grow with CAGR exceeding 6%
and its market value is estimated to be above USD 110 million by 2024. This segment
is projected to grow due to increased demand for plastic products from various sectors.
Personal care end-user segment is estimated to generate a revenue exceeding USD
55 million in 2024, growing by a CAGR exceeding 6.5%. This is one of the quickest
growing end-user segment owing to the booming demand for personal care products
across the globe.
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market
research and consulting service provider; offering syndicated and custom research
reports along with growth consulting services. Our business intelligence and industry
research reports offer clients with penetrative insights and actionable market data
specially designed and presented to aid strategic decision making. These exhaustive
reports are designed via a proprietary research methodology and are available for
key industries such as chemicals, advanced materials, technology, renewable
energy and biotechnology.
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Global Market Insights, Inc.
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