Market Overview:
The global infrared reflecting pigments market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for these pigments in various applications, such as building and construction, automotive industry, aerospace industry, glass industry, and others. In terms of type, the black pigment segment is expected to lead the global infrared reflecting pigments market during the forecast period. This can be attributed to its properties such as high heat resistance and low light reflection. In terms of application, the building and construction segment is expected to lead the global infrared reflecting pigments market during the forecast period.
Product Definition:
A pigment that reflects infrared radiation is called an infrared reflecting pigment. These pigments are used in paints, plastics, and other materials to keep them from absorbing too much heat. This can make the material more energy efficient and help to prevent it from heating up too much.
Black Pigment:
Black pigment is a type of very fine particle, which has high refractive index and low dispersibility in water. It is insoluble in alcohol but dissolves in alkali. Black pigments are widely used as colorants for producing various products such as plastics, paints & coatings, printing ink, rubber goods and textiles.
Green Pigment:
Green pigment is a color that is between yellow and blue. It has a high proportion of oxygen, which makes it appear green in comparison to other colors. Green pigments are used for coloring various products including plastics, rubber, inks & coatings and concrete among others. Infrared reflecting pigments are green or bluish-green colored synthetic organic compounds that can be either natural or artificial depending upon the source of production and application requirements.
Application Insights:
Building application dominated the global industry, accounting for over 40% of the overall revenue share in 2017. The rising construction activities across various regions, including Asia Pacific and Middle East & Africa are expected to positively impact product demand over the forecast period.
Infrared reflecting pigments are widely used in glass industry applications as they help reduce heat loss by 70%. The growing use of glass products in building and architectural applications is projected to drive growth over the coming years.
The automotive industry is anticipated to witness significant growth during the forecast period on account of increasing demand for vehicles globally. Rising income levels across various regions coupled with changing consumer preferences towards luxury vehicles is expected to boost product consumption in this sector significantly over next seven years.
Regional Analysis:
Asia Pacific dominated the global industry in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand from end-use industries such as building & construction, automotive, aerospace & defense, and others. In addition, growing population in countries such as China and India has led to an increase in housing constructions which will further drive product demand.
The market for global infrared reflectors pigments is also driven by increasing R&D activities by key players for incorporation of IR Reflective Pigment into their products. For instance; BASF SE developed a high performance polyurethane foam based on polyester with improved thermal properties due to inclusion of Infrared reflecting pigment (IRP). This development was done with an aim towards reducing heating system requirements during cold season thus saving energy.
Growth Factors:
- Increasing demand for IR reflective pigments in automotive and architectural coatings owing to their properties such as heat resistance, durability, and weatherability.
- Rising demand for IR reflective pigments from the plastics industry due to their ability to improve the appearance of products and reduce energy consumption.
- Growing use of IR reflective pigments in printing inks due to their superior hiding power and color strength.
- Increasing application of IR reflective pigments in cosmetics and personal care products owing to their ability to provide a sun protection factor (SPF) boost .
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Reflecting Pigments Market Research Report
By Type
Black Pigment, Green Pigment, Others
By Application
Building, Auto Industry, Aerospace, Glass Industry, Others
By Companies
Venator Materials PLC, Heubach GmbH, Asahi Kasei, BASF, The Shepherd Color Company, Clariant International Ltd, Ferro Corporation, TOMATEC America，Inc., Precision Coatings, Ultimate Coatings Ltd, Venator Materials PLC
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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Reflecting Pigments Market Report Segments:
The global Infrared Reflecting Pigments market is segmented on the basis of:
Types
Black Pigment, Green Pigment, Others
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
Building, Auto Industry, Aerospace, Glass Industry, 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:
- Venator Materials PLC
- Heubach GmbH
- Asahi Kasei
- BASF
- The Shepherd Color Company
- Clariant International Ltd
- Ferro Corporation
- TOMATEC America，Inc.
- Precision Coatings
- Ultimate Coatings Ltd
- Venator Materials PLC
Highlights of The Infrared Reflecting Pigments 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:
- Black Pigment
- Green Pigment
- Others
- By Application:
- Building
- Auto Industry
- Aerospace
- Glass Industry
- 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 Infrared Reflecting Pigments 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
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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?
Infrared reflecting pigments are a type of pigment that reflect infrared radiation. This makes them useful for applications where heat is a concern, such as in ovens and stovetops.
Some of the key players operating in the infrared reflecting pigments market are Venator Materials PLC, Heubach GmbH, Asahi Kasei, BASF, The Shepherd Color Company, Clariant International Ltd, Ferro Corporation, TOMATEC America，Inc., Precision Coatings, Ultimate Coatings Ltd, Venator Materials PLC.
The infrared reflecting pigments 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 Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Infrared Reflecting Pigments 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 Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size & Forecast, 2018-2028
4.5.1 Infrared Reflecting Pigments Market Size and Y-o-Y Growth
4.5.2 Infrared Reflecting Pigments Market Absolute $ Opportunity
Chapter 5 Global Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Type
5.2.1 Black Pigment
5.2.2 Green Pigment
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Applications
6.2.1 Building
6.2.2 Auto Industry
6.2.3 Aerospace
6.2.4 Glass Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Infrared Reflecting Pigments 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 Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Analysis and Forecast
9.1 Introduction
9.2 North America Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Type
9.6.1 Black Pigment
9.6.2 Green Pigment
9.6.3 Others
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 Infrared Reflecting Pigments Market Size Forecast by Applications
9.10.1 Building
9.10.2 Auto Industry
9.10.3 Aerospace
9.10.4 Glass Industry
9.10.5 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 Infrared Reflecting Pigments Analysis and Forecast
10.1 Introduction
10.2 Europe Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Type
10.6.1 Black Pigment
10.6.2 Green Pigment
10.6.3 Others
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 Infrared Reflecting Pigments Market Size Forecast by Applications
10.10.1 Building
10.10.2 Auto Industry
10.10.3 Aerospace
10.10.4 Glass Industry
10.10.5 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 Infrared Reflecting Pigments Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Type
11.6.1 Black Pigment
11.6.2 Green Pigment
11.6.3 Others
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 Infrared Reflecting Pigments Market Size Forecast by Applications
11.10.1 Building
11.10.2 Auto Industry
11.10.3 Aerospace
11.10.4 Glass Industry
11.10.5 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 Infrared Reflecting Pigments Analysis and Forecast
12.1 Introduction
12.2 Latin America Infrared Reflecting Pigments 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 Infrared Reflecting Pigments Market Size Forecast by Type
12.6.1 Black Pigment
12.6.2 Green Pigment
12.6.3 Others
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 Infrared Reflecting Pigments Market Size Forecast by Applications
12.10.1 Building
12.10.2 Auto Industry
12.10.3 Aerospace
12.10.4 Glass Industry
12.10.5 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) Infrared Reflecting Pigments Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Infrared Reflecting Pigments 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) Infrared Reflecting Pigments Market Size Forecast by Type
13.6.1 Black Pigment
13.6.2 Green Pigment
13.6.3 Others
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) Infrared Reflecting Pigments Market Size Forecast by Applications
13.10.1 Building
13.10.2 Auto Industry
13.10.3 Aerospace
13.10.4 Glass Industry
13.10.5 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 Infrared Reflecting Pigments Market: Competitive Dashboard
14.2 Global Infrared Reflecting Pigments Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Venator Materials PLC
14.3.2 Heubach GmbH
14.3.3 Asahi Kasei
14.3.4 BASF
14.3.5 The Shepherd Color Company
14.3.6 Clariant International Ltd
14.3.7 Ferro Corporation
14.3.8 TOMATEC America，Inc.
14.3.9 Precision Coatings
14.3.10 Ultimate Coatings Ltd
14.3.11 Venator Materials PLC
