Global Coating Pigments Market Projected to be Resilient During 2018 to 2027

Posted on 2019-02-27 by Mark Hub in Chemicals // 0 Comments

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The report on coating pigments market conveys details of the coating pigments market behavior over the forecast period of 2018 to 2027. The report on coating pigments market provides a cumulative analysis of the growth course of coating pigments market along with segmental analysis, regional growth trends, and many more related to coating pigments market. Moreover, the report on coating pigments market also pinpoints various trends shaping the coating pigments market landscape and enunciates on opportunities for players of coating pigments market to bank on.

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Role of Color Psychology in Successful Automobile Marketing Necessitates Adoption of Effect Pigments

Color psychology holds prime significance in successful marketing of automobiles, as it helps influences the decisions of potential customers. Visual appearance and color remain the two of most significant factors determining around 85% of product purchases.

Leading automotive giants, in a bid to generate greater consumer interest, are offering products with appealing colors and textures by making use of effect pigments. For example, pearlescent micas and aluminum pigments are used in both liquid as well as powder coatings to produce luster and brilliance, thereby creating a vibrant look. Effect pigments also possess the ability to withstand ravages of weather as well as UV rays, which is further enhancing its demand in case of automotive coating applications.

Sales of High Performance and Specialty Pigments to Benefit from Clamor for Functionality and Efficiency

In the current business ecosystems of highly competitive nature, application requirements have become of utmost importance. In tune with the aforementioned, manufacturers of high-performance and specialty pigments are striving to offer products with superlative attributes, such as enhanced durability, exceptional colour strength, and robust chemical stability, For instance- Pearlescent pigments are being used across multiple applications, ranging from plastics to automotive topcoats, owing to its ability to mimic the inherent luster of natural pearls.

The advent of new-age coating technologies such as waterborne paint, wherein performance of pigments are required to be up-to-the-mark, are likely to push the adoption of high performance and specialty pigments. Furthermore, the competency of high performance and specialty coating pigments to be extremely compatible with diverse applications is another key factor fostering their popularity across various end-use verticals.

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Attributes Offering Functional Utility Fosters Popularity of Inorganic Coating Pigments over Organic Variants

Inorganic pigments are fundamentally manufactured from mineral compounds comprising of complex metal oxides. The popularity of inorganic coating pigments is increasing amid the end-user marketplace, owing to exceptional color stability and heat resistance offered. Functionality of inorganic pigments offers the convenience to be tailored as per requirement with excellent durability, which is another key factor accentuating its demand. However, potential side-effects related to the use of inorganic coating pigments might dent end-user confidence by a certain level.

The adoption of organic coating pigments remains relatively less, owing to their minimal resistance to heat and susceptibility to eventual fading. Moreover, organic coating pigments are incompetent in terms of mitigating penetration of UV rays and oxygen, which might lead to the disruption of chemical bonds. However, no or minimal side effects associated with its use might be a crucial aspect restoring the end-user confidence.

Coating Pigments Market- Research Methodology

The unique research methodology in the coating pigments market used to garner insights central to forecast of coating pigments market and behavior of coating pigments market is a multi-faceted approach. The primary as well as secondary research used for coating pigments market was conducted in a bid to garner latest information on the progress of coating pigments market.

Moreover, interviews were also conducted in order to fetch information on coating pigments market and also validate insights on coating pigments market gleaned from the secondary research phase for the coating pigments market report. The report on coating pigments market is an exclusive information source in a bid to help the players vying to solidify their sustenance in the coating pigments market.

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