NEW YORK, April 22, 2021 /PRNewswire/ -- The global aluminum pigment market size is expected to grow by USD 177.59 million during 2020-2024, progressing at a CAGR of over 7% during the forecast period.
NEW YORK, April 22, 2021 /PRNewswire/ -- The global aluminum pigment market size is expected to grow by USD 177.59 million during 2020-2024, progressing at a CAGR of over 7% during the forecast period.
The demand for aluminum pigment in the automotive sector is one of the major factors propelling the market growth. However, the stringent regulations on VOC may impede market growth.
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Global Aluminum Pigment Market: Application
Based on the application, the market saw maximum growth in the paints and coatings in 2019. Factors such as greater construction activities and higher use of automotive paint globally will increase the demand for aluminum pigments in paints and coatings. The market growth in the segment will be significant over the forecast period.
Global Aluminum Pigment Market: Geographic Landscape
By geography, APAC is going to have lucrative growth during the forecast period. About 49% of the market's overall growth is expected to originate from APAC. Factors such as increasing demand for paints and coatings, printing inks, and plastics in various end-user industries will significantly drive the aluminum pigment market growth in this region over the forecast period.
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Aluminum Pigment Market 2020-2024: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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