Pearlescent Pigment Is Fastest Growing Segment Fueling The Growth Of Pearlescent Pigment Market
The global Pearlescent Pigment Market is estimated to be valued at US$ 3.98 Bn in 2023 and is expected to exhibit a CAGR of 4.7% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Pearlescent pigments are special effect pigments that impart shine and dazzle to paints, coatings, and other materials. They are commonly used in automotive and industrial coatings, cosmetics, plastics, and printing inks. The pearlescent effect results in a three-dimensional lustrous appearance with sparkle and floppy qualities. Market Overview: Pearlescent pigments are micronized platelet pigments that contain multiple layers of thin metal oxide coatings on a mica substrate. They offer unique optical properties owing to changing light diffraction and reflection. Their applications range from automotive coatings to cosmetics. Market key trends: One of the key trends in the pearlescent pigment market is the growing demand for organic pearles...