Cadmium Pigments Market: Exponential growth of the plastic industry to drive growth
Cadmium pigments are mostly used in the plastic sector because they are insoluble and have alkali resistance, which is responsible for the long shelf life of plastics. Cadmium pigments are also widely used in batteries, second only to plastics. Cadmium pigments are also utilized to improve the corrosion resistance of many metals such as iron. steel, aluminum, and titanium due to their chemical properties. The increasing usage of cadmium pigments in coatings, stabilizers, sophisticated alloys and electronic compounds is predicted to drive demand for cadmium pigments throughout the forecast period. Cadmium pigmented industrial polymers are used in power lines, gas pipes and fittings, beer crates, motor vehicle heating fans, and other applications. Thus, we can see that with the increased usage in the plastic industry, we will see positive growth during the forecast period.
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Cadmium Pigments Market: Revenue-Generating Segment Analysis
This market research report segments the cadmium pigments market by Application (paints and coatings, plastics, printing inks, construction materials, and others) and Geography (APAC, North America, Europe, South America, and MEA). The paints and coatings application segment led the cadmium pigments market share in 2021. The report also identifies that this segment will account for the largest market share during the forecast period mainly due to the increasing popularity of cadmium coatings. Cadmium coatings provide a low coefficient of friction and thus good lubricity, predictable torque characteristics, good electrical conductivity, protection from galvanic corrosion, easy solderability, low volume corrosion products, and reduced risks of operating mechanisms being jammed by corrosion debris for many components in a wide range of engineering applications throughout industries. The advantages of these coatings make them a viable choice for the electrical, electronic, aerospace, mining, offshore, automotive, and military sectors, where they are applied to fasteners, chassis, connections, and other components.
The APAC region led the cadmium pigments market in 2021, followed by North America, Europe, South America, and MEA respectively. During the forecast period, the APAC region is expected to register the highest incremental growth due to the highly developed painting and coatings industries in China, India, and Japan. Furthermore, demand for high-temperature-resistant polymers is increasing in emerging nations. The rising demand for cadmium pigments is mainly due to the expanding use of heat-resistant polymers in a variety of applications. Increased applications in plastics, ceramics, and paints, as well as increasing demand for cadmium pigments in the paper and ink sectors, are likely to boost the cadmium pigments market in the coming years.
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Key Queries Addressed
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will drive cadmium pigments market growth during the next five years
- Precise estimation of the cadmium pigments market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the cadmium pigments industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of cadmium pigments market vendors
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Cadmium Pigments Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.07% |
Market growth 2022-2026 |
$ 57.58 million |
Market structure |
Concentrated |
YoY growth (%) |
3.87 |
Regional analysis |
APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 47% |
Key consumer countries |
China, US, Japan, Germany, and India |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Chemonova, Fulln Glaze Co. Ltd., HANGZHOU EMPEROR CHEMICAL CO. LTD., Hunan Jufa Technology Co. Ltd., Huntsman Corp., HUPC Chemical Co. Ltd., James M. Brown Ltd., LANXESS AG, PROQUIMAC PFC SA, and Sudarshan Chemical Industries Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 - 2026
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Paints and coatings - Market size and forecast 2021-2026
- Plastics - Market size and forecast 2021-2026
- Printing inks - Market size and forecast 2021-2026
- Construction materials - Market size and forecast 2021-2026
- Others - Market size and forecast 2021-2026
- Market opportunity by Application
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2021-2026
- North America - Market size and forecast 2021-2026
- Europe - Market size and forecast 2021-2026
- South America - Market size and forecast 2021-2026
- MEA - Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Chemonova
- Fulln Glaze Co. Ltd.
- HANGZHOU EMPEROR CHEMICAL CO. LTD.
- Hunan Jufa Technology Co. Ltd.
- Huntsman Corp.
- HUPC Chemical Co. Ltd.
- James M. Brown Ltd.
- LANXESS AG
- PROQUIMAC PFC SA
- Sudarshan Chemical Industries Ltd.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Technavio
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