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Pearlescent Pigment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Report Format: PDF+Excel | Report ID: SR112023A5375
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Market Overview:
The global pearlescent pigment market size reached US$ 1.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.8% during 2023-2028.
Pearlescent pigments are transparent, non-reactive and non-toxic platelets that can reflect light and create a lustrous effect on account of their smooth surfaces. These pigments also provide color and intricate visual effects to various coatings, plastics and printing inks. They are either obtained from natural sources, such as fish scales or synthetic sources like metal oxide-coated mica, bismuth oxychloride, basic lead carbonate and lead arsenate. At present, pearlescent pigments are widely available in customized, innovative designs and different platelet sizes, thickness and coarseness of the particles and pigment concentration.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Pearlescent Pigment Market Trends:
Due to the high weathering-resistant properties of pearlescent pigments, they are employed in the automotive industry as an alternative to metallics. This, in confluence with the rising sales of passenger and commercial vehicles across the globe, represents one of the key factors impelling the market growth. Besides this, these pigments find extensive application in a variety of cosmetics, such as eyeshadow, blush, highlighter, lip gloss and bronzer, to create a matte finish and add color, sparkle and glitter. In addition, the easy availability of sustainable products and customized formulas through e-commerce channels, along with the escalating demand for unisex cosmetics, is contributing to the market growth. Apart from this, due to their characteristics of high stability of light sensitization and acid, alkali and high-temperature resistance, pearlescent pigments are used in packaging materials of various food products around the world. In addition, a shift in consumer preferences toward packaged food due to rapid urbanization, inflating income levels, and busy lifestyles are anticipated to offer lucrative growth opportunities to key players operating in the industry in the upcoming years.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global pearlescent pigment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, form and application.
Breakup by Product:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Natural Pearl Essence
- Titanium Dioxide Mica
- Ferric Oxide Mica
- Combination Mica
- Others
Breakup by Form:
- Powder
- Dispersion and Paste
Breakup by Application:
- Paints and Coatings
- Plastics
- Printing Inks
- Cosmetics
- Others
Breakup by Region:
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- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aal Chem, Altana AG, BASF SE, Brenntag SE, Geotech International B.V., L’Arca Srl, Merck KGaA, Pritty Pearlescent Pigments Co. Ltd., RIKA Technology Co. Ltd., Sinoparst Science and Technology Co. Ltd., Smarol Industry Co. Ltd. and Sudarshan Chemical Industries Limited.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2022 |
| Historical Period | 2017-2022 |
| Forecast Period | 2023-2028 |
| Units | US$ Billion |
| Segment Coverage | Product, Form, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Aal Chem, Altana AG, BASF SE, Brenntag SE, Geotech International B.V., L’Arca Srl, Merck KGaA, Pritty Pearlescent Pigments Co. Ltd., RIKA Technology Co. Ltd., Sinoparst Science and Technology Co. Ltd., Smarol Industry Co. Ltd. and Sudarshan Chemical Industries Limited. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global pearlescent pigment market was valued at US$ 1.7 Billion in 2022.
We expect the global pearlescent pigment market to exhibit a CAGR of 5.8% during 2023-2028.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries for pearlescent pigment.
The rising demand for pearlescent pigment in variety of cosmetics, such as eyeshadow, blush, highlighter, etc., to create a matte finish and add color, sparkle, and radiance, is primarily driving the global pearlescent pigment market.
Based on the product, the global pearlescent pigment market can be segmented into natural pearl essence, titanium dioxide mica, ferric oxide mica, combination mica, and others. Currently, titanium dioxide mica holds the majority of the total market share.
Based on the form, the global pearlescent pigment market has been divided into powder and dispersion and paste, where powder currently exhibits a clear dominance in the market.
Based on the application, the global pearlescent pigment market can be categorized into paints and coatings, plastics, printing inks, cosmetics, and others. Currently, paints and coatings account for the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global pearlescent pigment market include Aal Chem, Altana AG, BASF SE, Brenntag SE, Geotech International B.V., L’ArcaSrl, Merck KGaA, Pritty Pearlescent Pigments Co. Ltd., RIKA Technology Co. Ltd., Sinoparst Science and Technology Co. Ltd., Smarol Industry Co. Ltd., and Sudarshan Chemical Industries Limited.
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