which will, however, increase considerably
over the mid-term.
The demand for different types of
pigments in individual regions shows different developments. While the use of
iron oxides and organic pigments
records the highest growth in North
America and Western Europe, other regions also see their demand for titanium
dioxide and carbon black increasing significantly. Ceresana expects that titanium dioxide will have a share of more
than 60 percent of the global pigment
market. Iron oxides are used worldwide
for construction materials, paints and
varnishes, but are also gaining importance for other products. For example,
markets such as the food and cosmetics
industry will see considerably higher
growth of 3. 5 percent annually.
Product innovations primarily aim at or-
ganic, effect and special pigments. The focus
is on higher color intensity, color variety and
additional properties, such as self-cleaning
or antibacterial characteristics, or paints
that reflect infrared light and offer insulating
properties. Organic pigments, whose mar-
ket share in volume is small, register above-
average growth rates, as they benefit from
rising demand from producers of printing
inks, polymers and textiles.
Specialty chemicals in the UK
worth $18 billion in 2010
Research and Markets has announced the
addition of the “Specialty Chemicals in
the United Kingdom” report to their offering. The specialty chemical market
covers the revenues generated from the
sales of high value-added chemicals used
in the manufacture of a wide variety of
products, including but not limited to fine
chemicals, additives, advanced polymers,
adhesives, sealants and specialty paints,
pigments and coatings. The UK specialty
chemicals market had total revenue of
$17.7 billion in 2010, representing a
compound annual growth rate (CAGR)
of 4.1 percent for the period spanning
2006-2010. Fine chemicals sales
proved the most lucrative for the
UK specialty chemicals market in
2010, with total revenues of $6.3
billion, equivalent to 35. 4 percent of the
market’s overall value. The performance
of the market is forecast to accelerate,
with an anticipated CAGR of 4. 9 percent
for the five-year period 2010-2015, which
is expected to drive the market to a value
of $22.4 billion by the end of 2015. Specialty Chemicals in the United Kingdom
industry profile provides top-line qualitative and quantitative summary information including market size in terms of
value from 2006-10, and forecast information to 2015. The profile also contains
descriptions of the leading players including key financial metrics and analysis
of competitive pressures within the market. The report also includes market size
and segmentation data, textual and
graphical analysis of market growth
trends, leading companies and macroeconomic information. CW
www.coatingsworld.com
Coatings World | 19
