Effect Pigments Market Size, Share, Sales, Analysis, Forecast, Industry Competition & Player Profiles 2023 - 2032
The effects pigments industry uses three key pigment classes: absorption pigments, metal effect pigments, and pearlescent pigments. Each one of these class of pigments serve a different purpose and are thus used in several different industries, and have different roles. For instance, the absorption pigments are used in watercolour paints. They represent "true" colours, as they absorb part of the light that hits them and scatter the rest. This phenomenon gives them their own body colour. In contrast to that, the silver metal effect pigments reflect almost all the light, acting like a cluster of tiny mirrors. This gives them their great surface lustre, which is sometimes considered dazzling.
Pearlescent pigments find extensive usage in a variety of applications, from cosmetics to plastics and inks to automotive topcoats. The goal of pearlescent pigments is to mimic the inherent gleam and lustre of natural pearls. Effect pigments find application in different end-use industries such as the fashion industry, automotive industry, etc. Effect pigments are typically laminar, that is, they have a flat surface. The effect pigments can be of natural or synthetic form. The effect pigments can be removed from the surfaces they have been applied to, once the intended effect is accomplished, to create another effect pigment. Generally speaking, most of the effect pigments are transparent, and can be applied on different substrates, including mica, kaolin, fluorophlogopite, and glass flake, among others.
Driving factors of the Effect Pigments Market:
Giving a major boost to the global market of effect pigments are the upcoming emerging trends in fashion, the automotive industry, and the consumer market. The swift rate of urbanisation, surge in the market for paints and coatings, are giving birth to a boost for the building materials and plastic industry, which are indirectly also said to be catalysing the growth in the Effect Pigments market. Special effect pigments give the illusion of unusual optical effects, which are used in various applications, amongst which paints and coatings lead in the application segment. They are used to boost appearance, brightness, and create metallic effects, such as gold, silver, chrome, and others. In addition to the paints and coatings optimized for the construction industry, processors also add these special effect pigments to enhance the properties of paints and improve its appearance.
The developing economies across the world where industrialisation and construction activities are booming along with consumerism, are the main contributors to the demand for effect pigments. Effect pigments are used in the automotive industry due to their durable nature and special effects feature. A wide range of pigments that generate special effects such as decorative textures or angle dependent color have growing economic importance and are found in various end user applications and industrial products.
The Effect Pigments Market Segments information:
In the region segment, Asia Pacific is a market of great importance, powered primarily by China which accounts for a majority of the effect pigments manufactured in the world, and also accounts for most of the demand for Effect Pigments in the market. Expanding automotive, paints and coatings, and plastic industries in the region, is the prime reason for the rising demand for effect pigments. The region of North America follows Asia Pacific, while the Europe region trails along in the third position. In the Type segment, Pearlescent Pigments have been the primary holders of the market share, as they are a key part of Bulletproof Glass. Because they are borehole pigments or impact pigments inert, nonreactive, and heat-and-alkaline resistant as they are today they are a limitless variety of uses.
In the Application segment, Paints & Coatings have been leading the Effect Pigments market. Special effects pigments include unique visual effects for a range of uses, including paints and coatings. They are employed in the improvement of feel, luminosity, gold, silver, chrome and other metallic effects. The rising construction and buildings sector is due to the increasing use of special pigments in paints and lacquers. In addition to the designs and lacquers for the construction industry, these special effect pigments are applied by manufacturers to enhance the properties of lacquers and their appearance.
Key Players in the Effect Pigments Market:
- BASF Colors & Effects GmbH
- Merck
- Eckart
- Schlenk
- Silberline
- iSuo Chem
- Silberline Manufacturing Co., Inc
- Sun Chemical
The Effect Pigments Market is segmented as follows:
By Pigment Type
- Absorption
- Metallic
- Pearlescent
- Others
By Applications
- Paints and Coatings
- Cosmetics
- Plastics
- Printing Inks
- Others
By Region
- North America
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- Rest of APAC
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- UAE
- South Africa
- Saudi Arabia
- Rest of MEA