Aluminum Pigment Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Apr 2021
  • Pages: 120
  • SKU: IRTNTR43910

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The aluminum pigment market has the potential to grow by USD 207.40 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.83%.

This aluminum pigment market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (paints and coatings, plastics, printing inks, personal care products, and others) and geography (APAC, Europe, North America, MEA, and South America). The aluminum pigment market report also offers information on several market vendors, including ALTANA AG, Asahi Kasei Corp., BASF SE, Carl Schlenk AG, Carlfors Bruk AB, DIC Corp., Hefei Sunrise Aluminium Pigments Co. Ltd., Nippon Light Metal Holdings Co. Ltd., Silberline Manufacturing Co. Inc., and Zhangqiu Metallic Pigment Co. Ltd. among others.

What will the Aluminum Pigment Market Size be in 2021?


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Aluminum Pigment Market: Key Drivers and Trends

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The growing demand for the aluminum pigment in the automotive sector is notably driving the aluminum pigment market growth, although factors such as volatility of aluminum prices may impede the market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the aluminum pigment industry get your FREE report sample now.

  • Recent consumer interests towards high sparkle finish and intensely chromatic colors on the vehicle body have spurred the demand for aluminum pigments.
  • Aluminum pigments deliver better opacity and gloss with detailed metallic luster in high chroma hues. 
  • The trend of thinner automotive coatings is also driving the demand for new low-aspect-ratio effect pigment particles like colored and thin-silver aluminum pigments. 
  • The growing demand for aluminum pigments in the automotive sector is expected to play a significant role in driving the market’s growth.
  • The demand for aluminum pigments with low VOC is observed as an emerging trend in the market.
  • The global paints and coatings sector is facing stringent regulations regarding VOCs causing air pollutions.
  • The recent innovation of water-based aluminum pigment is expected to be a suitable solution in addressing VOC emission issues.
  • Manufacturers are also introducing aluminum pigments with low VOC for paints and coatings. Fueled by these factors, the aluminum pigment market will register a CAGR of almost 8% during the forecast period.

This aluminum pigment market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Aluminum Pigment Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:


  • Asahi Kasei Corp.
  • Carl Schlenk AG
  • Carlfors Bruk AB
  • DIC Corp.
  • Hefei Sunrise Aluminium Pigments Co. Ltd.
  • Nippon Light Metal Holdings Co. Ltd.
  • Silberline Manufacturing Co. Inc.
  • Zhangqiu Metallic Pigment Co. Ltd.


The aluminum pigment market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aluminum pigment market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Aluminum Pigment Market?


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49% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for the aluminum pigment market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The increasing demand for paints and coatings, printing inks, and plastics in various end-user industries will facilitate the aluminum pigment market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Application Segments in the Aluminum Pigment Market?


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Aluminum pigments are used in paints to provide a metallic effect and to enhance their technical properties, such as corrosion resistance and conductivity. They are used in automotive paints, industrial paints, construction paints, and other decorative paints. The demand for aluminum pigments in paints and coatings is expected to be driven by greater construction activities and higher use of automotive paint globally. 

However, the COVID-19 pandemic had a negative impact on the global paints and coatings market. It is also expected that the growth of the aluminum pigment market in focus will rebound during the latter part of the forecast period. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the aluminum pigment market size.



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What are the Key Factors Covered in this Aluminum Pigment Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aluminum pigment market growth during the next five years
  • Precise estimation of the aluminum pigment market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aluminum pigment industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aluminum pigment market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The aluminum pigment market growth will increase by $177.59 million during 2019-2024.
The aluminum pigment market is expected to grow at a CAGR of 7.17% during 2019-2024.
Technavio has segmented the aluminum pigment market by application (Paints and coatings, Plastics, Printing inks, Personal care products, and Others) and geographic (APAC, Europe, North America, MEA, and South America).
ALTANA AG, Asahi Kasei Corp., BASF SE, Carl Schlenk AG, Carlfors Bruk AB, DIC Corp., Hefei Sunrise Aluminium Pigments Co. Ltd., Nippon Light Metal Holdings Co. Ltd., Silberline Manufacturing Co. Inc., Zhangqiu Metallic Pigment Co. Ltd. are a few of the key vendors in the aluminum pigment market.
APAC will register the highest growth rate of 48.84% among the other regions. Therefore, the aluminum pigment market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the aluminum pigment market growth are:
  • Growing demand for aluminum pigment in automotive sector
The aluminum pigment market vendors should focus on grabbing business opportunities from the paints and coatings segment as it accounted for the largest market share in the base year.
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