Market Overview:
The global aluminum silver paint market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for aluminum silver paint in various applications, such as ship & offshore, automotive, power and others. In terms of type, the alkyd based aluminum silver paint segment is expected to dominate the market during the forecast period owing to its properties such as high durability and weather resistance. In terms of region, North America is expected to lead the global aluminum silver paint market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Aluminum Silver Paint is a paint that is made up of aluminum and silver. It is used to prevent rusting and corrosion on metal objects.
Alkyd Based Aluminum Silver Paint:
Alkyd based aluminum silver paint is a water-based emulsion paint, which contains an alkyd resin as the major ingredient. The product has excellent adhesion to both natural and artificial surfaces. It offers high resistance to corrosion and peeling off owing to its strong chemical composition. Moreover, it also provides high durability along with easy cleanliness due to its low VOC content nature.
Silicone Based Aluminum Silver Paint:
Silicone based aluminum silver paint is a two component epoxy paint which contains aluminum and silica. It has high solid content and low liquid content. The major advantage of this product is that it can be easily applied by brush, roller or sprayer on any smooth surface. Also, it offers excellent adhesion to the substrate on which it is being applied due to the presence of silicone in its formulation.
Application Insights:
The automotive application segment accounted for the largest volume share of over 40% in 2017. The growing demand for aluminum silver paints in the automotive industry is expected to be a key factor driving market growth over the forecast period. The expansion of production facilities by major players such as Toyota Motor and Honda Motor is also likely to fuel product demand in near future.
Aluminum silver paints are used for corrosion prevention on ships, offshore oil & gas platforms, bridges, power plants and other industrial structures etc. Growing infrastructure spending across various regions has increased the scope of aluminum silvery based coatings which is further anticipated to propel market growth over next eight years or so.
Other applications include architectural designs (interior & exterior), household appliances (microwave ovens), consumer electronics (televisions) medical equipment etcetera).
Regional Analysis:
Asia Pacific was the largest market for aluminum silver paint, accounting for a share of more than 35.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing construction spending along with growing automotive production in countries such as China and India. In addition, rising demand from other end-use industries such as electronics will drive product demand further.
The shipbuilding sector in Asia Pacific is one of the prominent sectors driving industrial development across economies including China and India, which has led to an increase in consumption of aluminum silver paints over the past few years.
North America accounted for a volume share of 16.1%in 2017 on account that majority shares are held by U S A.
Growth Factors:
- Increasing demand from the automotive industry for aluminum silver paint as a protective coating against corrosion and scratches.
- Growing popularity of metallic finishes in home décor, which is driving the demand for aluminum silver paint in the residential sector.
- Rising demand from the construction industry for aluminum silver paint as a decorative coating on walls and ceilings.
- Increasing use of aluminum silver paint in industrial applications such as metal fabrication and electrical wiring due to its superior properties such as resistance to corrosion and heat damage.
- Technological advancements that have led to development of new formulations of aluminum silver paints with better durability, colorfastness, and scratch resistance
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Silver Paint Market Research Report
By Type
Alkyd Based Aluminum Silver Paint, Silicone Based Aluminum Silver Paint
By Application
Ship & Offshore, Automotive, Power, Others
By Companies
AkzoNobel, Jotun, CMP, BASF, Sherwin-Williams, HEMPEL, Nippon Paint, Kansai, AkzoNobel
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Silver Paint Market Report Segments:
The global Aluminum Silver Paint market is segmented on the basis of:
Types
Alkyd Based Aluminum Silver Paint, Silicone Based Aluminum Silver Paint
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Ship & Offshore, Automotive, Power, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AkzoNobel
- Jotun
- CMP
- BASF
- Sherwin-Williams
- HEMPEL
- Nippon Paint
- Kansai
- AkzoNobel
Highlights of The Aluminum Silver Paint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alkyd Based Aluminum Silver Paint
- Silicone Based Aluminum Silver Paint
- By Application:
- Ship & Offshore
- Automotive
- Power
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Silver Paint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum Silver Paint is a type of paint that is made up of aluminum and silver. It is used to paint surfaces that need protection from the elements, such as metal roofs or exterior walls.
Some of the major companies in the aluminum silver paint market are AkzoNobel, Jotun, CMP, BASF, Sherwin-Williams, HEMPEL, Nippon Paint, Kansai, AkzoNobel.
The aluminum silver paint market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Silver Paint Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Silver Paint Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Silver Paint Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Silver Paint Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Silver Paint Market Size & Forecast, 2020-2028
4.5.1 Aluminum Silver Paint Market Size and Y-o-Y Growth
4.5.2 Aluminum Silver Paint Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Alkyd Based Aluminum Silver Paint
5.2.2 Silicone Based Aluminum Silver Paint
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Ship & Offshore
6.2.2 Automotive
6.2.3 Power
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Silver Paint Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Silver Paint Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Alkyd Based Aluminum Silver Paint
9.6.2 Silicone Based Aluminum Silver Paint
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Ship & Offshore
9.10.2 Automotive
9.10.3 Power
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Alkyd Based Aluminum Silver Paint
10.6.2 Silicone Based Aluminum Silver Paint
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Ship & Offshore
10.10.2 Automotive
10.10.3 Power
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Alkyd Based Aluminum Silver Paint
11.6.2 Silicone Based Aluminum Silver Paint
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Ship & Offshore
11.10.2 Automotive
11.10.3 Power
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Alkyd Based Aluminum Silver Paint
12.6.2 Silicone Based Aluminum Silver Paint
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Ship & Offshore
12.10.2 Automotive
12.10.3 Power
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Alkyd Based Aluminum Silver Paint
13.6.2 Silicone Based Aluminum Silver Paint
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Ship & Offshore
13.10.2 Automotive
13.10.3 Power
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Silver Paint Market: Competitive Dashboard
14.2 Global Aluminum Silver Paint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AkzoNobel
14.3.2 Jotun
14.3.3 CMP
14.3.4 BASF
14.3.5 Sherwin-Williams
14.3.6 HEMPEL
14.3.7 Nippon Paint
14.3.8 Kansai
14.3.9 AkzoNobel
