Aluminum Pigments Market Share

  • Report ID: 4298
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Aluminum Pigments Market Share

APAC Market Statistics

Asia Pacific industry is expected to hold largest revenue share by 2037. The growth of the market can be attributed majorly to the rising sales and demand for passenger and luxury cars in developing countries such as India, China, and Japan, coupled with the high utilization of aluminum pigments in the manufacturing of automobiles are expected to drive the regional market growth during the forecast period. For instance, it was observed that nearly 16,500 luxury vehicles were sold in India from January to May 2022, an increase of 50% from the prior year. Further, the rising demand for personal care products, along with the significantly spiking color cosmetics industry is also anticipated to contribute to the market growth in the region. In addition, the region's favorable regulatory policies and surge in urbanization are stimulating construction activities in the region, which is further estimated to fuel the demand for paints and coatings. Moreover, another factor that is estimated to boost the growth of the APAC aluminum pigments market is the widespread use of paint and coatings in the architecture sector for both interior and exterior applications. In addition to this, the rising use of several types of dyes and pigments in various end-use industries such as textile, printing, and so on is another major factor that is estimated to propel the market growth further in the region throughout the projected time frame.

North American Market Forecast   

Furthermore, the North American aluminum pigments market is anticipated to display lucrative market growth by the end of 2037. The growth of the market can be attributed to the surging capacity of production of aluminum pigments, followed by the growing demand for these pigments from the automotive sector in the region. In addition to this, the escalating demand for aluminum pigments from the food and beverage sector is also estimated to provide lucrative growth in the coming years. Since aluminum pigments are being used in the production of several kinds of labels which are used by several food and beverage businesses in the region. This as result is estimated to drive the growth of the market further throughout the projected time frame in the region.

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Author Credits:  Rajrani Baghel


  • Report ID: 4298
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of aluminum pigments is evaluated at USD 607.84 million.

The aluminum pigments market size was valued at USD 550.91 million in 2024 and is set to exceed USD 1.22 billion by 2037, expanding at over 6.3% CAGR during the forecast period i.e., between 2025-2037. Massive growth of cosmetics industry worldwide along with widespread use of aluminum pigments in plastic industry will fuel the market growth.

Asia Pacific industry is expected to hold largest revenue share by 2037, attributed to rising sales and demand for passenger and luxury cars in developing countries such as India, China, and Japan, coupled with high utilization of aluminum pigments in the manufacturing of automobiles.

The major players in the market are Toyo Aluminium K.K., ALTANA AG, BASF SE, Kolortek Co., Ltd., Geotech International BV, Asahi Kasei Corporation, Sun Chemical Corporation, Carl SCHLENK AG, Toyal America, Inc., Metaflake Ltd
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