IMARC Group’s latest research report, titled “Pearlescent Pigment Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global pearlescent pigment market reached a value of US$ 1.62 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 2.34 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027. Pearlescent pigments are versatile coated mica platelets manufactured using a mica base that offer an iridescent effect. They are widely used in gravure, offset, and flexographic printing inks due to their versatile nature, compatibility, insolubility with several substances, and overall aesthetic appeal. These pigments are substituting glitter and conventional solid colors in food packaging, toys, textiles, and other applications.
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Important Attribute and highlights of the Report:
The global market is majorly driven by the significant product demand from the automotive industry. In line with this, the growing preference for exclusivity and aesthetics in automotive paints and industrial coatings is positively influencing the market across the globe. Furthermore, key market players are investing in rapid technological innovations to introduce high performance, special-effect pearl pigments that focus on sustainability, thereby creating a positive outlook for the market. Besides this, the increasing demand for pigments in the personal care and cosmetics industry is further catalyzing the market growth. Additionally, the widespread popularity of high luster pigments in industrial coating applications is providing a boost to the market.
Key Players Included in Global Pearlescent Pigment Market Research Report:
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We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
TOC for the Pearlescent Pigment Market Research Report:
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