Paints, Coatings, and Pigments

Format: 2017-01-20
Format: 2017-01-20
January 13, 2017 | 75 Pages | SKU: IRTNTR11523

Overview of the global organic pigments market

Technavio’s market research analyst predicts the global organic pigments market to grow at a CAGR of more than 3% between 2017 and 2021. Organic pigments have peculiarly unique properties that ensure hues that other kinds of pigments fail to produce. They are used to provide metallic finishes and elastic properties. Owing to superior property, organic pigments are highly preferred in specialized applications in the original equipment manufacturers (OEMs), refinished, and high-end automobile industries. Organic pigments are also being used to improve aesthetics and the functional values in both paints and plastics segments. These pigments are used in paints that can protect against harsh weather, dampness, corrosion, fungi, and other destructive influences on the building. Moreover, some of them are also used as a plasticizer dampened powders that allow functional advantages such as light reflection, heat reflection, opacity, and gas and vapor barrier. With paints and coatings with low VOC content gaining prominence, the market for organic pigments is expected to witness massive growth during the forecast period. 

In terms of geography, APAC is the largest and dominating region in the global market due to the presence of several manufacturers who offer pigments at lower costs in comparison with other regions. APAC is anticipated to lead the market in terms of consumption over the next four years due to increase in infrastructural activities that require paints and coatings with functional benefits. Moreover, the sustainability factor of organic pigments is expected to drive the overall market globally throughout the predicted period.

Competitive landscape and key vendors

The global organic pigments market is extremely competitive


January 10, 2017 | 72 Pages | SKU: IRTNTR11416

Overview of the global aluminum pigment market

Technavio’s market research analyst predicts the global aluminum pigment market to grow at a CAGR of over 6% during the forecast period. Aluminum pigments are made of aluminum powders, flakes, and paste. They show color because they absorb and reflect different wavelengths of light. With the rapid increase in construction activities for infrastructure development and residential and non-residential projects, the demand for aluminum powder will rise, which, in turn, will increase the requirement for aluminum pigment during the forecast period. Aluminum pigment-based lightweight aerated concrete products are being extensively used in several infrastructural projects as they help to reduce the weight pressure on building frames. Also, aluminum is one of the most environmentally sustainable, energy efficient, and recyclable construction materials, which has augmented its usage in buildings to achieve the green status.

The increasing shift towards nanotechnology has led to the extensive usage of aluminum nanoparticle in a wide range of applications. For instance, aluminum nanoparticles are used in rocket fuels to increase the combustion process due to their catalytic properties. Some of the other major application areas of aluminum nanoparticle pigments are in material surface coatings, wear resistant additives, integrated circuit packaging, and nanocomposites.

Competitive landscape and key vendors

Some of the key market vendors in the aluminum pigment market are Carlfors Bruk, Carl Schlenk, ECKART Effect Pigments, Silberline, and Toyal. The global aluminum industry is facing stiff competition from China, which was the largest consumer and the largest


January 09, 2017 | 83 Pages | SKU: IRTNTR11465

Overview of the global metallic pigments market

Technavio’s market research analyst predicts the global metallic pigments market to grow at a CAGR of more than 7% between 2017 and 2021. The global metallic pigments market is anticipated to grow at steadily due to the rising demand for various applications such as paints and coatings, printing inks, and plastics that are specifically used in industrial and automotive sectors. Metallic pigments are used for printing and for imparting color to the packaging material. Also, the launch of several advanced pigment formulations has increased the requirement for packaging. Different grades of pigments enable a variety of effects, which improve the aesthetic appeal of the packaging materials. One of the most recent developments in this market is the growing focus on product differentiation among market players. For instance, Sun Chemical has launched Benda-Lutz, a high-performance metallic pigment with VOC-free aluminum preparation for coatings and inks. These solvent-free pigments are non-flammable and provide several benefits during shipping, storage, handling, and dosing.

In terms of geographical analysis, APAC is the largest revenue contributing region in the market and is also projected to be the fastest-growing market for pigments during the forecast period. The demand for pigments in the evolving end-user industries such as plastics, packaging, and automotive is increasing significantly, subsequently leading to the


January 03, 2017 | 71 Pages | SKU: IRTNTR11350

Overview of the global thermal spray market

Technavio’s market research analyst predicts the global thermal spray market to grow steadily at a CAGR of above 8% by 2021. One of the primary drivers for this market is the benefit associated with thermal spraying. Thermal spraying is a coating technique that uses a broad range of materials which can be applied to the surface of the desired object. Thermal spraying, along with addressing numerous industrial issues, also enhances the surface properties in a number of ways such as an anti-slip and self-lubricating surfaces. One of the key advantages of thermal spray is that the coating material can be of varied forms such as metal, ceramics, and cermet to fulfill the needs of any given application. Moreover, using thermal spray technology, replacement parts can be developed at a low cost and at a quicker rate.

In terms of geography, the Americas will dominate the global thermal spray market during the forecast period. The key factor for this dominance is the presence of a high concentration of thermal spray solution users in this region. The increase in demand from the automotive industry, growing adoption of thermal spray coatings in the healthcare sector, and thermal spray coatings replacing hard chrome in industries such as aerospace and automotive are driving the thermal spray market in the Americas. Also, the use of thermal spray coatings enhances the lifespan of the products. With better efficiency and low environmental damage, the thermal spray market is expected to increase its dominance in the Americas during the forecast period.    

Competitive landscape and key vendors

At present, the thermal spray market is highly fragmented with the presence of a large number of vendors across the globe. The market is characterized by the presence of


December 02, 2016 | 67 Pages | SKU: IRTNTR11006

Overview of the global nanocoatings market

Technavio’s market research analyst predicts the global nanocoatings market to grow tremendously throughout the forecast period, posting an impressive CAGR of more than 25%. The use of nanocoatings across several end-user industries like automotive and construction helps in reducing material use, minimizing waste, and optimizing energy consumption, besides enhancing the product performance. The use of nanocoatings aids in reducing corrosion, erosion, UV-degradation processes. These coatings also eliminate algae growth or the attack by other organisms such as woodworm or termites. Nanocoatings enhance the vandalism resistance of materials and lead to the construction of more light furniture structures. Several coating manufacturers are continuously working on the development of nanocoatings to meet the regulations of various environmental and government bodies such as EPA with low VOC content.  The innovative water-repellent nanocoatings for textiles protect almost any type of textile from dirt, water, contamination, and stains. For instance, CERACOAT products are water resistant on outdoor materials, which keep them dry for a long duration.

In terms of geography, the Americas dominated the nanocoatings market in 2015 and occupied the maximum market share. The presence of major vendors such as Cima NanoTech in North America is one of the major drivers for the growth of the market in this region. The market in the Americas is anticipated to witness steady growth in the coming years due to the upcoming automobile sales in Central and South America. The surge in the number of people refurbishing


November 28, 2016 | 64 Pages | SKU: IRTNTR10947

Overview of the global specialty pigments market

Technavio’s market research analyst predicts the global specialty pigments market to grow at a CAGR of more than 3% by 2020. Specialty pigments have peculiarly unique properties that make them an excellent option in several specialized applications including original equipment manufacturer (OEM), refinished, and high-end automobile industries. These pigments not only improve the aesthetic appeal of the substrate but also increase the functionality helping the paints and substrate bind together. These pigments also offer several advantages including metal effects, light interference, fluorescent and luminescent effects, pearlescent, and ultraviolet (UV) curing. At present, several vendors are developing paints and coatings that reflect heat rays from buildings, which has augmented the demand for these specialty pigments, as these can protect buildings against harsh weather, dampness, corrosion, fungi, and other destructive elements. With the increased investments in infrastructural development across the globe, the demand for durable and colorfast specialty pigments will also rise, leading to the overall growth of the market over the predicted period.

Geographically, APAC was the largest market for specialty pigments in 2015 and will post the highest growth rate over the forecast period. Factors such as enhanced customer lifestyles and the rising demand from construction and automotive industries are anticipated to drive the market growth in APAC. Moreover, the demand for durable, high-performance luster paints in the automotive segment will influence the specialty pigments market in the APAC region. Singapore, Indonesia, and Vietnam are the key contributors to the growth of the specialty pigments in APAC.

Competitive landscape and key vendors


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