LONDON--(BUSINESS WIRE)--The aluminum pigment market is expected to grow by USD 177.59 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the aluminum pigment market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through Response, Recovery and Renew phases. Download a Free Sample Report on COVID-19
The aluminum pigment market will witness Positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Aluminum Pigment Market Participants:
ALTANA AG
ALTANA AG operates business under various segments such as BYK, ECKART, ELANTAS, and ACTEGA. The company offers aluminum pigments through its division, ECKART, which are used in the paints and coatings industry, the graphic arts, plastics, aerated concrete and cosmetics industries.
Asahi Kasei Corp.
Asahi Kasei Corp. operates business under eight segments which include Critical Care, Health Care, Construction Materials, Fibers, Homes, Electronics, Chemicals, and others. The company offers advanced aluminum pigments, which are used in automotive, coatings, packaging, consumer electronics, and other end-user industries.
BASF SE
BASF SE operates business under various segments such as chemicals, materials, industrial solutions, surface technologies, nutrition & care, agricultural solutions, and others. The company offers Metasheen vacuum-metallized aluminum pigments, which provides high-quality and high value-added coating effects for a variety of end-use applications, such as automotive paints and coatings.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technvaio.com/report/aluminum-pigment-market-industry-analysis
Aluminum Pigment Market 2020-2024: Segmentation
Aluminum pigment market is segmented as below:
-
Application
- Paints and Coatings
- Plastics
- Printing Inks
- Personal Care Products
- Others
-
Geography
- APAC
- Europe
- North America
- MEA
- South America
The aluminum pigment market is driven by demand for aluminum pigment in the automotive sector. In addition, other factors such as emergence of aluminum pigments with low VOC are expected to trigger the aluminum pigment market toward witnessing a CAGR of over 7% during the forecast period.
Get more insights about the global trends impacting the future of aluminum pigment market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43910
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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