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Future and Growth of Pearlescent Pigment Market by 2022

Growing demand for high performance, high brilliance paints on account of expanding automotive & construction industries particularly in Asia Pacific and the Middle East is expected to remain a key driving factor for the global market.

The Global Pearlescent Pigment Market is expected to reach USD 1.92 billion by 2022, according to a new report by Grand View Research, Inc.


The shift in trend towards reducing VOC emissions and growing awareness regarding sustainability is also a vital determinant for the market growth. Developed markets are anticipated to face obstacles in the form of stringent regulatory norms, hampering market growth over the forecast period.

Titanium dioxide (TiO2) coated mica pigment was the leading product segment and accounted for 35.9% of total market volume in 2014. Increasing penetration of these pigments in automotive, construction, printing inks and other major end-use industries is expected to fuel the demand. Good hiding power, high luster & brilliance, coupled with compatibility to several materials is expected to boost the segment over the forecast period.

Iron/ferric oxide-mica pigment is also expected to witness significant growth on account its high refractive index, metallic luster, excellent hiding properties and weather resistance. Increasing application in the cosmetics and printing inks sector is a major driving force for the product.

To Know More About Pearlescent Pigment Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/pearlescent-pigment-market

Automotive paints and industrial coatings emerged as the leading application segment and accounted for 34.1% of global market in 2014. Increasing consumer preference for high-value coatings and colorful iridescence on sports and luxury vehicles is likely to foster the market growth.

Top Players of Pearlescent Pigment Market:

Key participants in the industry include BASF SA, Sun Chemical Performance Pigments, Merck Performance Materials, Huaian Concord Industrial Products Co. Ltd., Lansco Colors, L’Arca Srl., Fujian Kuncai Fine Chemicals Co. Ltd., RIKA Technology Co. Ltd and Smarol Technology Co. Ltd.

Market Segmentation of Pearlescent Pigment Market:

The Global Pearlescent Pigment Market segmented on the basis of Product and Application.

By Product:

    Natural pearl essence
    Titanium dioxide mica
    Iron/Ferric oxide mica
    Combination mica

By Application:

    Paints &coatings
    Plastics
    Printing inks
    Cosmetics

Inquire about Pearlescent Pigment Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2765
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