Specialty Pigments Market by Product Type (Complex Inorganic Pigments, Metal Effect Pigments, Fluorescent Pigments, Luminescent Pigments, High-Performance Pigments and Others), By Application (Plastics Industry, Paints & Coatings, Toiletries, Printing Inks and Others)- Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Specialty Pigments Market held XXX in 2020 and is to grow with a CAGR of XXX from 2020-2030. Specialty pigments are compounds which absorb light wavelengths selectively to produce a specific color or color range. Their tint resistance is high because it is small when mixed with the carrier or used on objects Pigmenting compounds were used for various purposes from ancient times, notably for body paint and dyeing. These pigments come from natural sources such as animal waste, insects and molluscs (beetroots, hibiscus, saffron, lapis lazuli and berries). In ancient civilizations, also red ochres, yellow ochre, calcareous and charcoal were widely used.

Market Dynamics and Factors:

The global specialty pigments market is expected to grow modestly over the coming years as demand from the printing, plastics and coating industry continues. The increasing trend towards the creation of sustainable structures increases the need for special pigments for paints and coatings. The most important application field is projected to be the paint and coating industry, producing maximum sales. The global specialty market is divided into pearlescent, luminescent, metallic and transparent based on product types. These segments are the most commonly used in the pearlescent type and the metallic type, thus being leading segments in the specialty pigments industry.

Some factors are expected to hinder this specialty pigments market growth. The various regulatory restrictions on the use of specialty pigments by government and environmental bodies are expected to limit specialty pigment market size. Specialty pigments are high in price, and their use is also limited. Furthermore, handling and compatibility issues present players with challenges, which will impact the specialty pigment market.

Market Segmentation:

Based on product type, the specialty pigments industry is segmented into complex inorganic pigments, metal effect pigments, fluorescent pigments, luminescent pigments, high-performance pigments and others. On the basis of application, the specialty pigments market is classified into plastics industry, paints & coatings, toiletries, printing inks and others. Geographic breakdown of robotic paint market includes regions comprising North America, Europe, Asia-Pacific, and Rest of the world.

Geographic Analysis:

The global specialty pigments market is geographically segmented into Europe, North America, Asia Pacific, and the rest of the world. North America will lead the specialty pigments market among these during the forecast period. Europe is the next major of specialty pigments market. In the upcoming years, Asia Pacific region is also to witness growth in specialty pigments market, as the number of infrastructure projects in this area increases. The growing population and income available are expected to add to the specialty pigments market for from the paint and coating industries and plastics.

Competitive Scenario:

The global specialty pigments market, which is highly competitive, consists of a few major players. In terms of specialty pigments market share, few of the major players currently dominate the global specialty pigments market. The major players of global specialty pigments market includes, DayGlo, BASF, ECKART Effect Pigments, Flint, DIC, Toyo Ink Group, Dominion Colour, Clariant, Dainichiseika Color & Chemicals, Nemoto, Flex Products, Merck and Ferro among other global players.

Specialty Pigments Market Report Scope