Cadmium Pigments Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI4004
Cadmium Pigments Market size is anticipated to witness high gains from 2019 to 2025 as these are extensively used in various industrial sectors due to their high temperature resistance. Cadmium pigments are insoluble compounds of cadmium sulpho-selenide and calcined cadmium zinc sulphide. These pigments are the preferred choice for high performance applications as these are compatible, have chemical stability, thermal stability and weather resistance. The growth in construction and automotive sector across the globe will propel the cadmium pigments market growth rate as they are utilized extensively in various acrylics and latex coatings.
Cadmium pigments find their vast application in plastics as these have high opacity, tinting strength and give good coloring. The pigments are not soluble in organic solvents and have resistance to alkalis and will retain color for the life of plastic. Pigments are majorly added in plastics at 0.01 to 0.07%by weight. In specialized paints and industrial coatings this concentration ranges between 10 to 15 %. These are used majorly in complex polymers such as nylon, polycarbonates, silicone resins, acrylonitrile butadiene styrene and other thermoplastic polymers that are processed at high temperatures. These engineered polymers which use cadmium pigments are used in manufacturing electricity cables, gas pipes & fittings, motor vehicles radiators, etc.
The ability to withstand high temperatures makes cadmium pigments suitable to be used for ceramics and glass products. These are used for porcelain enamels, ceramics glazes and for various color ranges for glasses. Adverse effects of cadmium pigments on various body parts such as kidneys and lungs will, and regulations implemented for limiting their used in various plastics will act as a restraint for the cadmium pigments market growth. Fluctuations in raw material prices will also hinder the product market growth rate.
On the basis of type, cadmium pigments market is segmented into cadmium yellow, cadmium orange, cadmium red, cadmium green, etc. These are different types of pigments are being used to impart various colors in variety of products. These types of pigments are used by artists as these are preferred choice for water and oil colors. In various coil coatings owing to nature of application area orange, bright yellow and red color is not achieved with using other pigments while it can be achieved by using cadmium pigments as they have excellent lightfastness.
Based on application, cadmium pigments market is classified into industrial paints, ceramics & glass, plastics, nylon, HDPE, acrylonitrile butadiene styrene (ABS), silicone resins, polycarbonate and others. The others include paper, rubber and inks although their share is less in the overall consumption. Rising demand of aesthetics in residential sector has increased the demand of construction products with large variety of colors and these will escalate the demand of the cadmium pigments. Due to ability to retain color and impart corrosion resistance the product is also preferred choice for industrial coatings as well.
Based on region Asia Pacific is expected to hold largest share in the cadmium pigments market over the forecast timeframe. Demand of cadmium pigments is expected to remain high in China, India, Japan, etc. The market is expected to flourish as the application of cadmium pigment is increasing in batteries and with growing automobile demand it will also escalate. North America is expected to show sluggish growth rate due to matured construction as well as automobile demand. In Europe the market growth rate is expected to remain low due to implementation of various regulations regarding its negative impact on the human health.
Various companies in the cadmium pigments market are investing substantially in the R&D sector to develop the bio-based cadmium pigments as there are many regulations implemented in developed economies regarding their environmental degradation caused by it. Market players are trying to expand their penetration to regions such as Middle East, Africa and Latin America, etc. Some of the prominent players present across the market are Proquimac, Huntsman Corporation, James M. Brown Ltd., Rockwood Pigments, Hunan Jufa Technology, Carl Schlenk, Clariant, Chemonova, BASF, LANXESS, etc.
Cadmium Pigments Market, By Type, 2014-2025 (Kilo Tons) (USD Million)
- Cadmium Yellow
- Cadmium Orange
- Cadmium Green
- Cadmium Red
Cadmium Pigments Market, By Application, 2014-2025 (Kilo Tons) (USD Million)
- Industrial Paints
- Ceramics & glasses
- Acrylonitrile butadiene styrene (ABS)
- Silicone resins
The above information has been provided for the following regions and countries:
- North America
- South Korea
- Latin America
- South Africa
- Saudi Arabia
- Huntsman Corporation
- James M. Brown Ltd.
- Rockwood pigments
- Hunan Jufa Technology
- Carl Schlenk
- Cathay Industries
- Tokan Material Technology
- Human Noli Enamel
- Quanzhou Winitoor
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