Demand in the U.S. for color pigments, including inorganic, organic and specialty types, is forecast to increase 5.2% per year to $3.4 billion in 2009, driven by above average gains in high performance organic pigments, and various specialty types. These and other trends are presented in Pigments: Inorganic, Organic & Specialty, a new study from The Freedonia Group, Inc., a Cleveland-based industrial market research firm.
Specialty pigments, such as pearlescent types, are projected to achieve the most rapid gains through 2009. Opportunities will arise from increased requirements for unique and novel eye-catching optical effects by manufacturers of such products as cosmetics, paints and coatings, printing inks, plastics and leather. Certain luminescent pigments, such as phosphorescent, will also achieve favorable gains, due to their use in anti-forgery, anti-counterfeiting and other security applications. Growth in organic pigments will continue to benefit from trends toward more expensive, high performance pigments and the displacement of heavy metal-based inorganic pigments. These colorants have a superior environmental profile in comparison to inorganic pigments and are also benefiting from the desire to produce more vivid colors, particularly in printing inks, a major outlet.
U.S. Pigment Demand To Reach $3.4 Billion in 2009
Published December 9, 2005
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