Coating Pigments Market : Innovative Trends Implemented by Manufacturers Steering Growth until 2027
Verfasser: ashwani_kailiya on Thursday, 4 July 2019Demand and sales of pigments in the coatings industry has witnessed sheer proliferation in the recent past, in line with the end-users’ search for environment-friendly and cost-effective solutions that have longer shelf life. Sales of coatings pigment are likely to surpass 11,200,000 tons in 2018, according to a recent Fact.MR study. While high raw material cost and limited availability remain key challenges for manufacturers, opportunities abound for innovative companies in the development of solutions that are durable and offer wide range of functionality.
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Recognizing varied requirements of coatings manufacturers, myriad pigments have been introduced to the market ranging from extenders/fillers and titanium dioxide (TiO2) to color pigments and anti-corrosive, metallic, & pearlscent. Extenders/fillers have traditionally remained the pigment of choice in the coatings industry, however TiO2 variants have been gaining fast momentum in recent years.