Ultramarine Pigments Market Trends, Business Outlook 2022, Expanding Current Industry Status by Top Most Players

The global sales/shipment of ultramarine pigments is predicted to grow at a rapid pace during 2021-2031. The plastics industry widely employs ultramarine pigments to create colour concentrates and compounds for food and cosmetics packaging.

The processing and service life performance of these unique and distinctive blue and violet shades is exceptional. Plastic caps and closures, in particular, have historically been the most common application for ultramarine pigments.

The safety and simplicity offered by ultramarine pigment appeal to consumers and legislators alike who are increasingly concerned about the environment. The vibrant blues and violets have an unusual chromophore, resulting in a truly unique shade that cannot be duplicated by other pigments and is expected to be a significant market driver over the next decade.

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Ultramarine Pigments: The Go-to Colour Choice of Plastic Manufacturers

The colour of ultramarine pigments is unique and irreplaceable enticing manufacturers to develop novel grades to fulfil the rigorous demands of the plastic industry, including mineral water bottle manufacturers, ultramarine pigments are suitable for clear polymers, where their transparency creates a beautiful crystal blue for bottles and plastic packaging, symbolising purity.

Premier BC and Premier BC-R, two new ultramarine blue pigment grades from Holliday Pigments, were recently introduced to meet new plastics processing performance criteria. Furthermore, bottle caps are well-known for being extremely sensitive applications, and the successful use of ultramarine pigments in bottle caps has led to its use in alternate sensitive food packaging.

Diverse Applications of Ultramarine Pigments in Varied Industries Key to Market Expansion

Ultramarine pigments are low-hazard pigments that have a wide range of uses around the world. Because of its synthetic manufacturing process and ability to customise its physical, chemical, and colour characteristics, it can be made in a variety of shades, which are well-accepted by the plastic, printing ink, paint, cosmetic, and other industries due to advantages over other organic pigments and dyes.

Apart from natural pigments, ultramarine pigments are one of the environmentally friendly pigments available in the market today.

They come in a variety of clear colours and have exceptional durability properties, making them ideal for engineering plastics and nylon. It is heat resistant and luminous, making it ideal for usage in household items, toys, stationery, PVC pipes, and films, among other products. It’s also used to whiten garments in the textile sector and in the printing industry. Various industries are expected to increase demand for ultramarine pigments between 2021 and 2031 due to its numerous applications.

The US and Canada Demand Outlook for Ultramarine Pigments Market

Because of technological improvements that make the product safer to use, the ultramarine pigments market in North America is estimated to rise. Ferro Corporation, for instance, developed a patented technique to minimise the quantity of residual elemental sulphur in standard ultramarine blue pigment, resulting in Nubiperf FCP, their novel product. Third-party testing of the reformulated Nubiperf FCP revealed minimal sulphur.

Europe Ultramarine Pigments Market outlook

Due to the expansion strategies of market players in the region, Europe is expected to have a substantial share of the market. Furthermore, demand for cosmetic-grade ultramarine pigments is expected to rise between 2021 and 2031.

Ultramarine pigments manufacturers are expected to invest in sustainable manufacturing of safe and cosmetic-grade ultramarines to support market expansion as the region’s cosmetic industry undergoes a seismic shift towards sustainable and ethical ingredients.

Ultramarine Pigments: Key players

Some key ultramarine pigments market players include

  • Ferro Corporation
  • Holliday Pigments
  • Abelly Chemical
  • DIC Corporation
  • Neelikon Food Colours & Chemicals
  • Proquimac color
  • Earth Pigments Company LLC.
  • Yipin Pigments Inc.
  • Kremer Pigments
  • ASA Impex
  • and BASF SE among others.

Ultramarine Pigments: Market Segmentation

Based on Form:

  • Oily Dispersion
  • Powder

Based on Source:

  • Natural
  • Synthetic

Based on Type:

  • Ultramarine Blue
  • Ultramarine Violet
  • Ultramarine Rose
  • Ultramarine Green
  • Others

Based on End-use Industry:

  • Cosmetics & Personal Care
  • Pharmaceutical
  • Textile
  • Packaging
  • Leather, Paper and Printing
  • Others

Based on Distribution Channel:

  • B2B (Direct sales)
  • Online retail

Based on Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Oceania

To gain more insights into the market with a detailed table of content and figures, click here:  https://www.futuremarketinsights.com/toc/rep-gb-14134

Ultramarine Pigments Market Report Highlights:

  • Detailed overview of the parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Note: Although care has been taken to maintain the highest levels of accuracy in FMI’s reports, recent market/vendor-specific changes may time to reflect in the analysis.

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About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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