U.S. demand for color pigments, including inorganic, organic and specialty types will increase 5.2% to reach $3.4 billion in 2009, according to a new study from the Freedonia Group, Inc.
The expected increase has resulted from above average gains in high-performance organic pigments, and numerous specialty types. The study, Pigments: Inorganic, Organic & Specialty, declares specialty pigments, such as pearlescents, are projected to gain rapidly due to the increased demands for novelty items and eye-catching effects. Demands for anti-counterfeiting and security items will increase the need for luminescent pigments.
While gradually displacing heavy metal-based inorganic pigments, organic pigments will benefit from trends toward expensive, high-performance, vivid pigments.
Of the main markets, making up about 75% of the color pigment demands in the U.S., (printing inks, plastics and paints and coatings), printing inks are expected to have the fastest growth. More info: Website: www.freedoniagroup.com;E-mail: firstname.lastname@example.org.