SAN FRANCISCO, February 29, 2016 /PRNewswire/ --
The global pearlescent pigment market is expected to reach USD 547.8 million by 2022, according to a new report by Grand View Research, Inc. Growing demand for high performance, high brilliance paints on account of expanding automotive & construction industries in emerging markets is expected to remain a key driving factor for the global market.
(Logo: http://photos.prnewswire.com/prnh/20150105/723757 )
Shift in trend towards reducing VOC emissions and growing awareness regarding sustainability is also expected to act as a vital determinant for market growth. Developed markets are anticipated to face obstacles in the form of stringent regulatory norms, hampering market growth over the forecast period.
Browse full research report with TOC on "Pearlescent Pigment Market Analysis By Product (Natural Pearl Essence, Titanium Dioxide, Ferric Oxide, Combination Mica), By Application (Paints & Coatings, Plastics, Printing Inks, Cosmetics) And Segment Forecasts To 2022" at: http://www.grandviewresearch.com/industry-analysis/pearlescent-pigment-market
Titanium dioxide (TiO2) coated mica pigment was the leading product segment with demand share exceeding 35% in 2014. High consumption rates of these pigments across automotive, construction and printing ink industries is expected to drive this segment over the forecast period. It is also expected to witness the highest growth of 5.1% from 2015 to 2022.
Iron/ferric oxide mica pigment is also expected to witness brisk growth owing to 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.
Further key findings from the report suggest:
Grand View Research has segmented the pearlescent pigment market on the basis of product, application and region:
Browse related reports by Grand View Research:
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Read Our Blogs - mediafound.org, blog.grandviewresearchinc
Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Share this article