Press release
U.S. Pearlescent Pigment Market Size Expected to Skyrocket in the Years Ahead 2025-2031
The U.S. Pearlescent Pigment market was valued at $204.62 million in 2021 and is projected to reach $353.39 million by 2031, growing at a CAGR of 5.7% from 2023 to 2031. The growth is primarily fueled by increasing demand from the cosmetics and personal care industry, with innovations and product developments offering additional expansion opportunities.ππ¨π°π§π₯π¨ππ πππ¦π©π₯π πππ ππ¬ π¨π πππ¬πππ«ππ‘ ππ―ππ«π―π’ππ°: https://www.alliedmarketresearch.com/request-sample/A74451
Key Market Drivers and Restraints
Drivers:
- Rising demand for pearlescent pigments in cosmetics and personal care products.
- Growth in the overall cosmetics & personal care industry.
- Advancements and product innovations in pigment technology.
Restraints:
- Increasing preference for vegan and cruelty-free products limits the demand for natural pearl essence.
Segment Analysis
Others Segment (Largest Market Share):
- Held over four-fifths of the market revenue in 2021.
- Includes applications in paints and coatings, plastics, printing inks, resin art, electronics, textiles, rubbers, packaging, and more.
- Pearlescent pigments enhance visual appeal, provide opacity and gloss control, and act as fillers to reduce costs in coatings and printing applications.
Cosmetics & Personal Care Segment (Highest CAGR - 6.31%):
- Key applications include eye shadows, nail polishes, powders, hair care, and shower gels.
- Pearlescent pigments add luster, shimmer, and depth, enhancing the appeal of beauty and personal care products.
Competitive Landscape
Leading market players in the U.S. Pearlescent Pigment market include:
- BASF SE
- ECKART GmbH
- Sun Chemical
- IFC Solutions
- Kuncai Americas
- Sensient Technologies Corporation
- DIC Corporation
- KP Pigments
- Merck KGaA
- Glitter Unique, LLC
- Sandream Specialties
These companies employ various strategies such as new product launches, partnerships, joint ventures, and technological advancements to maintain market dominance and expand their product offerings.
Conclusion:
The U.S. Pearlescent Pigment market is poised for significant growth, driven by increasing demand in cosmetics and personal care applications. Despite challenges like the rise of vegan products, continuous product innovations and the expansion of digital retail channels are expected to create substantial growth opportunities for market players in the coming years.
πππππ’π§ πππ©π¨π«π πππππ’π₯π¬: https://www.alliedmarketresearch.com/u-s-pearlescent-pigment-market-A74451
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