SAN FRANCISCO, March 24, 2016 /PRNewswire/ --
The global metallic pigments market is expected to reach USD 1.20 billion by 2022, according to a new report by Grand View Research, Inc. Transitioning consumer preferences towards fashionable products with enhanced colors & brilliant visual effects is expected to remain a key driving factor for this market.
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Technological advancements have introduced high luster & sparkling effects with increased durability for automotive OEM processing & paint refinishes. These odorless pigments are also widely utilized in other expanding end-use industries such as packaging, cosmetics & printing inks, particularly in emerging economies of China & India. Increasing consumer awareness regarding sustainability and environmental friendly nature of these pigments has also benefited the overall market.
Aluminum pigment emerged as the leading product segment and accounted for over one third of the total market volume in 2014. Copper pigments are expected to be the fastest growing product segment growing at a CAGR of 5.7% from 2015 to 2022.These pigments are rapidly gaining popularity on account of their ability to impart a unique gold-bronze effect to various substrates.
Browse full research report with TOC on "Metallic Pigments Market Analysis By Product (Aluminum, Zinc, Copper, Stainless Steel), By Application (Paints & Coatings, Plastics, Printing Inks, Cosmetics) and Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/metallic-pigments-market
Further key findings from the study suggest:
Grand View Research has segmented the metallic pigment market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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