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The global metallic pigments market was valued at US$ 934.8 Million in 2021.
We expect the global metallic pigments market to exhibit a CAGR of 4.60% during 2022-2027.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in the temporary closure of numerous end-use industries for metallic pigments.
The rising demand for metallic pigments in increasing the exclusivity of products by improving their appearance, while adding a high-quality finish with a wide range of shades, is primarily driving the global metallic pigments market.
Based on the product, the global metallic pigments market has been segmented into aluminum, zinc, copper, stainless steel, and others. Among these, aluminum currently holds the majority of the total market share.
Based on the application, the global metallic pigments market can be divided into paints and coatings, plastics, printing inks, cosmetics, and others. Currently, paints and coatings exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global metallic pigments market include Altana AG, BASF SE, Carl Schlenk Aktiengesellschaft, Carlfors Bruk AB, Geotech International B.V., Lawrence Industries Limited, Metaflake Ltd., Radior France SAS, Silberline Manufacturing Co. Inc., Sun Chemical Corporation (DIC Corporation), Torginol Inc., and Toyal America Inc.
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