IndustryARC, in one of its latest reports, predicted that The Opacifiers Market size is forecasted to reach US$23.4 billion by 2027 after growing at a CAGR of 6.1% during 2022-2027. Opacifiers are substances that are added to make a solution opaque. A wide spectrum of opacifiers such as titanium dioxide, opaque polymers, zinc oxide, and antimony oxide are found in several high-end applications. Opacifiers are used in paints and coatings, ceramic glazes, sealants, cosmetics, plastics, and multiple other applications. The additive materials find their extensive use in the construction sector, where they are used to prepare decorative and protective paints. The construction sector is booming globally with increasing construction activities and this is expected to augment the market’s growth during the forecast period. The demand for personal care and cosmetic products is increasing globally owing to the increasing awareness about appearance among consumers and this is expected to drive the market’s growth during the forecast period. The Opacifiers Market report by IndustryARC covers complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.
Competitive Landscape:
The top 5 players in the Opacifiers Industry are:
1. Omya
2. Evonik
3. Glenn Corp
4. Imerys
5. Venator
Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=510235
Segmental Analysis:
1. The paints and coatings application segment dominated the opacifiers market in 2021, and it is expected to grow at a CAGR of 6.4% during the forecast period. A variety of opacifiers ranging from opaque polymers, titanium dioxide, and zinc oxide, among others, are used in several applications such as cosmetics, ceramic glazes, and plastics. However, opacifiers are used in large quantities for the preparation of paints and coatings which are later utilized in several other industries
2. The Asia-Pacific region held the largest share in the opacifiers market in 2021, up to 34%. The high demand for opacifiers is attributed to the expanding construction sector in the region. A wide variety of opacifiers are utilized massively in the production of paints and coatings for the construction sector in the region. The construction sector in the region is displaying excellent growth and this is expected to bolster the demand for opacifiers during the forecast period.
3. The construction sector dominated the opacifiers market in 2021, and it is projected to grow at a CAGR of 7.1% during the forecast period. Opacifiers are used in the construction sector for the production of a wide variety of paints and coating products. They are utilized in the preparation of decorative paints, protective coatings, and several other construction products. The construction sector is booming globally with increasing construction activity and this is expected to drive the market’s growth during the forecast period
|
Report Coverage |
|
|
Report Attributes |
Details |
|
By Type |
Opaque Polymers, Aluminum Silicate, Titanium Dioxide, Tin Oxide, Zinc Oxide, Zirconium Oxide, Cerium Oxide, Antimony Oxide. |
|
By Form |
Liquid, Solid, Powder, Flakes. |
|
By Application |
Paints and Coatings, Plastic, Rubber, Pigments, Ceramic, Sealants, Epoxy Grout. |
|
By End Users |
Construction, Cosmetics and Personal Care, Pharmaceutical, Paper, Glass. |
|
By Geography |
North America, Europe, Asia-Pacific, South America and Rest of World |
Get more detailed information about these segments in the report. Buy it here:
https://www.industryarc.com/reports/request-quote?id=510235
Market Drivers and Challenges:
1. Increasing demand for personal care products is influencing the market’s growth: The demand for personal care products is increasing globally owing to increasing awareness about hygiene and appearance among consumers and this is expected to contribute to the market’s growth during the forecast period.
2. Booming construction sector is driving the market’s growth: The construction sector is booming globally with new project announcements and rising investments, and this is expected to drive the market’s growth during the forecast period.
3. Strict regulations regarding the adverse impact of opacifiers might hamper the market’s growth: The opacifiers are associated with an adverse impact on human health which has been a challenge in the market and this is expected to hamper the market’s growth during the forecast period
Why IndustryARC?
IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. Get detailed report on preferred market as per your specific requirements and our research experts would customize the report for you.
Email: venkat@industryarc.com
USA: (+1) 614-588-8538, (+1) 815-656-4596
Similar Report:
A. Cosmetic Pigments Market
https://www.industryarc.com/Research/Cosmetic-Pigments-Market-Research-500039
B. Water Based Coatings Market
https://www.industryarc.com/Report/18778/water-based-coatings-market
Media Contact
Company Name: IndustryARC
Contact Person: Mr. Venkat Reddy
Email: Send Email
Phone: (+1) 970-236-3677
Address:Madhapur
City: Hyderabad
Country: India
Website: https://www.industryarc.com/Research/Opacifiers-Market-Research-510235