Special Effect Pigments Market - Forecast(2023 - 2028)

Report Code: CMR 76460 Report Format: PDF + Excel
Special Effect Pigments Market size is forecast to reach $1030.53 Million by 2025, after growing at a CAGR of 5.5% during 2020-2025. In recent years, the demand for special effect pigment has seen strong growth, and this growth is expected to continue over the next few years. Special effect pigments are used in wide variety, such as lacquers and coatings, paints, printing inks, cosmetics and other applications are used as they deliver to good properties like enhanced beauty, excellent shimmering, glitter, and luster. Further, increases the growth of the special effect pigments industry.

Report Coverage

The “Special Effect Pigments Market report – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Special Effect Pigments Industry. 

By Product Type: Metallic Pigments, Pearlescent Pigments and Others.
By Application: Paints & Coatings, Printing Inks, Plastics, Cosmetics and Others.
By Geography: North America, South America, Europe, APAC and RoW.

Key Takeaways
  • Special effect pigment are synthetic pigments or natural pigments with iridescent colors, heavy glistening, and optically thin films. Their visual imprints originate from a single or several layer refraction and refraction of light. Eye catches and responds to heat or light are special effect pigments to produce a wide variety of visual effects.
  • Due to COVID-19 palindrome, technology vendors are likely to pause on launching new products. Vendors will take time to change their strategy for product releases in China, and this is likely to reduce the usage of special effect pigments by 2020-2021.
  • Thermochromic ink are heat-sensitive. They change color when cooled or heated and are applied in aeronautics, construction, food & beverages, packaging & printing, textiles, and novelties. This segment is projected to expand rapidly due its wide applications.

Product Type - Segment Analysis

Pearlescent Pigments segment has been the primary market for Bulletproof Glass for many years. 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. This consists of different, slender, white, transparent plates covered by a mixture of iron oxide, titanium dioxide. Mica powder is a natural stone mineral with shiny flakes. Only a part of their beam is expressed in each crystal and the rest is moved into the following crystal. This simulcast reflection of light in so many different layers is the product of their "pearlescence" or pearl pigment. 

Application - Segment Analysis

Paints & Coatings segment has been the primary market for Bulletproof Glass for many years at a CAGR of 5.2%. 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. The prediction is that around 27,000 – 50,000 new homes will be built in the United Kingdom by 2022 which will also expand the reach of the market. The growing demand for protective paints and coatings also increases the use of special effect pigments in industrial segments. The demand for special effect pigments is therefore forecast to increase over the forecast period, owing to the application of paints and coatings in buildings and constructions, particularly in Asia-Pacific and North American countries.

Geography - Segment Analysis

APAC dominated the Special Effect Pigments Market share with more than 43%, followed by North America and Europe. The market for special-effect pigments has increased due to the strong demand from countries such as China, India and Japan. Asia-Pacific is the main producer of special effect pigments. BASF Colors & Effects GmbH, Merck KGaA, SILBERLINE MANUFACTURING CO., INC, Sun Chemical and Shepherd Color are some of the world's leading companies in developing pigments that produce special effects. The government announced an investment of USD 31,650 billion under the Smart Cities Programme for the development of 100 cities in 2018. In the next five years, 100 smart urban centers and 500 towns ($28.18 billion) will likely be attracting investment worth INR 2 trillion. Over the next 10 years, the Chinese government has built ambitious building plans that involve the influx of 250 million people into the new megacities and thus widened the demand for special effect pigments in the next ten years. Such special effect pigments in cosmetics, inks, plastics and other applications are diversification apart from paints and coatings. The above factors, together with the help of government, lead to a growing demand during the forecast period for special effect pigments.

Drivers – Special Effect Pigments Market

There is increase in demand for personal care and cosmetics industries is expected to be driving the market growth
The growth in the market in the next five years will be driven by the growing adoption of special effect pigments in the cosmetic industry in nail paints, eyewear and lipstick combined with the rising popularity of bio based special-effect pigments. Due to its widely-used applications, such as cosmetics and paints, the pearlescent pigment segment is expected to rise at the highest CAGR during the forecast era. Due to the huge demand for special effect pigments, such as nail polishes, metallic lipsticks and eye shadows, the segment of cosmetics and personal care is forecast to rise at the highest CAGR by 2023, based on applications. In the next five years, the market is expected to dominate Asia-Pacific as special effect pigments are used extensively in packaging, cosmetics and household products in constituent countries such as China and India.

Challenges – Special Effect Pigments Market

  • There is variability in raw material prices is expected to act as a restraint to the market growth

Factors expected to hinder the growth of the special effect pigment market over a period of forecast are the failure to meet local manufacturing special effect pigments to international quality specifications, the high prices of raw materials and low-cost imports from developing countries. Dismantled or stagnant defense budgets are relied upon as restrictions for development on the special effect pigments market in significant economies in the world which include Canada, the USA, the United Kingdom, France, Germany, Japan and Italy.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Special Effect Pigments Market. In 2019, the market of Bulletproof Glass has been consolidated by the top five players accounting for xx% of the share. Major players in the Special Effect Pigments Market are Merck, Sun Chemical, GBC Speciality Chemicals, RPM International Inc., Clariant, BASF SE, Brilliant Group, Inc., Zhejiang Coloray Technology Development Co. Ltd., Glassflake Ltd, Toyal Group, QCR Solutions Corp, Yipin Pigments Inc., LCR Hallcrest, Matsui International Co. Inc., Olikrom, and United Mineral & Chemical Corporation, among others.

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1. Special Effect Pigments Market - Market Overview
    1.1 Definitions and Scope
2. Special Effect Pigments Market - Executive Summary
    2.1 Market Revenue, Market Size and Key Trends by Company
    2.2 Key Trends by Product Type
    2.3 Key Trends by Application
    2.4 Key Trends by Geography
3. Special Effect Pigments Market - Landscape
    3.1 Comparative analysis
        3.1.1 Market Share Analysis- Top Companies
        3.1.2 Product Benchmarking- Top Companies
        3.1.3 Top 5 Financials Analysis
        3.1.4 Patent Analysis- Top Companies
        3.1.5 Pricing Analysis
4. Special Effect Pigments Market - Startup companies Scenario Premium (Premium) 
    4.1 Top startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Market Shares
        4.1.4 Market Size and Application Analysis
        4.1.5 Venture Capital and Funding Scenario
5. Special Effect Pigments Market – Industry Market Entry Scenario Premium (Premium) 
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case studies of successful ventures
    5.4 Customer Analysis - Top companies
6. Special Effect Pigments Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Market Opportunities
    6.4 Porters five force model
        6.4.1 Bargaining power of suppliers
        6.4.2 Bargaining powers of customers
        6.4.3 Threat of new entrants
        6.4.4 Rivalry among existing players
        6.4.5 Threat of substitutes 
7. Special Effect Pigments Market -Strategic analysis
    7.1 Value chain analysis
    7.2 Opportunities analysis
    7.3 Market life cycle
    7.4 Suppliers and distributors Analysis
8. Special Effect Pigments Market – By Product Type (Market Size -$Million)
    8.1 Metallic Pigments
    8.2 Pearlescent Pigments
    8.3 Others
9. Special Effect Pigments Market – By Application (Market Size -$Million)
    9.1 Paints & Coatings
    9.2 Printing Inks
    9.3 Plastics
    9.4 Cosmetics
    9.5 Others
10. Special Effect Pigments Market- By Geography (Market Size -$Million)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 South America
        10.2.1 Brazil
        10.2.2 Argentina
        10.2.3 Colombia
        10.2.4 Chile
        10.2.5 Rest OF South America
    10.3 Europe
        10.3.1 U.K
        10.3.2 Germany
        10.3.3 Italy
        10.3.4 France
        10.3.5 Spain
        10.3.6 Netherlands
        10.3.7 Russia
        10.3.8 Belgium
        10.3.9 Rest of Europe
    10.4 Asia Pacific
        10.4.1 China
        10.4.2 India
        10.4.3 ANZ
        10.4.4 Japan
        10.4.5 South Korea
        10.4.6 Rest of Asia Pacific
    10.5 ROW
        10.5.1Middle East
            10.5.1.1 Saudi Arabia
            10.5.1.2 UAE
            10.5.1.3 Israel
            10.5.1.4 Rest of Middle East
        10.5.2Africa
            11.5.2.1 South Africa
            11.5.2.2 Nigeria
            11.5.2.3 Rest of South Africa
11. Special Effect Pigments Market- Entropy
    11.1 New Product Launches
    11.2 M&A’s, Collaborations, JVs and Partnerships
12. Market Share Analysis (Premium)
    12.1 Market Share by Country- Top companies
    12.2 Market Share by Region- Top companies
    12.3 Market Share by type of Product / Product category- Top companies
    12.4 Market Share at global level- Top companies
    12.5 Best Practices for companies
13. Special Effect Pigments Market- List of Key Companies by Country (Premium) 
14. Special Effect Pigments Market- Company Analysis
    14.1 Market Share, Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials would be provided on a best efforts basis for private companies"

LIST OF TABLES

1.Global Special Effect Pigments Market By Type Market 2019-2024 ($M)
1.1 Metallic Pigments Market 2019-2024 ($M) - Global Industry Research
1.1.1 Aluminum Pigments Market 2019-2024 ($M)
1.1.2 Bronze Pigments Market 2019-2024 ($M)
1.1.3 Chrome Pigments Market 2019-2024 ($M)
1.1.4 Gold Pigments Market 2019-2024 ($M)
1.1.5 Silver Pigments Market 2019-2024 ($M)
1.2 Pearlescent Pigments Market 2019-2024 ($M) - Global Industry Research
1.2.1 Mica Base Market 2019-2024 ($M)
1.2.2 Titanium Dioxide Market 2019-2024 ($M)
2.Global Special Effect Pigments Market By Type Market 2019-2024 (Volume/Units)
2.1 Metallic Pigments Market 2019-2024 (Volume/Units) - Global Industry Research
2.1.1 Aluminum Pigments Market 2019-2024 (Volume/Units)
2.1.2 Bronze Pigments Market 2019-2024 (Volume/Units)
2.1.3 Chrome Pigments Market 2019-2024 (Volume/Units)
2.1.4 Gold Pigments Market 2019-2024 (Volume/Units)
2.1.5 Silver Pigments Market 2019-2024 (Volume/Units)
2.2 Pearlescent Pigments Market 2019-2024 (Volume/Units) - Global Industry Research
2.2.1 Mica Base Market 2019-2024 (Volume/Units)
2.2.2 Titanium Dioxide Market 2019-2024 (Volume/Units)
3.North America Special Effect Pigments Market By Type Market 2019-2024 ($M)
3.1 Metallic Pigments Market 2019-2024 ($M) - Regional Industry Research
3.1.1 Aluminum Pigments Market 2019-2024 ($M)
3.1.2 Bronze Pigments Market 2019-2024 ($M)
3.1.3 Chrome Pigments Market 2019-2024 ($M)
3.1.4 Gold Pigments Market 2019-2024 ($M)
3.1.5 Silver Pigments Market 2019-2024 ($M)
3.2 Pearlescent Pigments Market 2019-2024 ($M) - Regional Industry Research
3.2.1 Mica Base Market 2019-2024 ($M)
3.2.2 Titanium Dioxide Market 2019-2024 ($M)
4.South America Special Effect Pigments Market By Type Market 2019-2024 ($M)
4.1 Metallic Pigments Market 2019-2024 ($M) - Regional Industry Research
4.1.1 Aluminum Pigments Market 2019-2024 ($M)
4.1.2 Bronze Pigments Market 2019-2024 ($M)
4.1.3 Chrome Pigments Market 2019-2024 ($M)
4.1.4 Gold Pigments Market 2019-2024 ($M)
4.1.5 Silver Pigments Market 2019-2024 ($M)
4.2 Pearlescent Pigments Market 2019-2024 ($M) - Regional Industry Research
4.2.1 Mica Base Market 2019-2024 ($M)
4.2.2 Titanium Dioxide Market 2019-2024 ($M)
5.Europe Special Effect Pigments Market By Type Market 2019-2024 ($M)
5.1 Metallic Pigments Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Aluminum Pigments Market 2019-2024 ($M)
5.1.2 Bronze Pigments Market 2019-2024 ($M)
5.1.3 Chrome Pigments Market 2019-2024 ($M)
5.1.4 Gold Pigments Market 2019-2024 ($M)
5.1.5 Silver Pigments Market 2019-2024 ($M)
5.2 Pearlescent Pigments Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Mica Base Market 2019-2024 ($M)
5.2.2 Titanium Dioxide Market 2019-2024 ($M)
6.APAC Special Effect Pigments Market By Type Market 2019-2024 ($M)
6.1 Metallic Pigments Market 2019-2024 ($M) - Regional Industry Research
6.1.1 Aluminum Pigments Market 2019-2024 ($M)
6.1.2 Bronze Pigments Market 2019-2024 ($M)
6.1.3 Chrome Pigments Market 2019-2024 ($M)
6.1.4 Gold Pigments Market 2019-2024 ($M)
6.1.5 Silver Pigments Market 2019-2024 ($M)
6.2 Pearlescent Pigments Market 2019-2024 ($M) - Regional Industry Research
6.2.1 Mica Base Market 2019-2024 ($M)
6.2.2 Titanium Dioxide Market 2019-2024 ($M)
7.MENA Special Effect Pigments Market By Type Market 2019-2024 ($M)
7.1 Metallic Pigments Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Aluminum Pigments Market 2019-2024 ($M)
7.1.2 Bronze Pigments Market 2019-2024 ($M)
7.1.3 Chrome Pigments Market 2019-2024 ($M)
7.1.4 Gold Pigments Market 2019-2024 ($M)
7.1.5 Silver Pigments Market 2019-2024 ($M)
7.2 Pearlescent Pigments Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Mica Base Market 2019-2024 ($M)
7.2.2 Titanium Dioxide Market 2019-2024 ($M)

LIST OF FIGURES

1.US Special Effect Pigments Market Revenue, 2019-2024 ($M)
2.Canada Special Effect Pigments Market Revenue, 2019-2024 ($M)
3.Mexico Special Effect Pigments Market Revenue, 2019-2024 ($M)
4.Brazil Special Effect Pigments Market Revenue, 2019-2024 ($M)
5.Argentina Special Effect Pigments Market Revenue, 2019-2024 ($M)
6.Peru Special Effect Pigments Market Revenue, 2019-2024 ($M)
7.Colombia Special Effect Pigments Market Revenue, 2019-2024 ($M)
8.Chile Special Effect Pigments Market Revenue, 2019-2024 ($M)
9.Rest of South America Special Effect Pigments Market Revenue, 2019-2024 ($M)
10.UK Special Effect Pigments Market Revenue, 2019-2024 ($M)
11.Germany Special Effect Pigments Market Revenue, 2019-2024 ($M)
12.France Special Effect Pigments Market Revenue, 2019-2024 ($M)
13.Italy Special Effect Pigments Market Revenue, 2019-2024 ($M)
14.Spain Special Effect Pigments Market Revenue, 2019-2024 ($M)
15.Rest of Europe Special Effect Pigments Market Revenue, 2019-2024 ($M)
16.China Special Effect Pigments Market Revenue, 2019-2024 ($M)
17.India Special Effect Pigments Market Revenue, 2019-2024 ($M)
18.Japan Special Effect Pigments Market Revenue, 2019-2024 ($M)
19.South Korea Special Effect Pigments Market Revenue, 2019-2024 ($M)
20.South Africa Special Effect Pigments Market Revenue, 2019-2024 ($M)
21.North America Special Effect Pigments By Application
22.South America Special Effect Pigments By Application
23.Europe Special Effect Pigments By Application
24.APAC Special Effect Pigments By Application
25.MENA Special Effect Pigments By Application
26.BASF SE, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Clariant AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Huntsman Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Altana AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Merck KGaA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Sudarshan Chemical Industries, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Dic Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Sensient Industrial Colors, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Geotech International B.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)