Cadmium Pigments Market to receive overwhelming hike in Revenues by 2019
Cadmium pigments refer to a class of pigments that contain cadmium as one of the chemical components. Cadmium is predominantly used in batteries, which is followed by their use in pigments. Apart from these, cadmium pigments are used in glasses, ceramics, plastics, and other products.
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The booming consumer goods industry, which accounts for large volume consumption of plastics is tremendously contributing to the growth of the cadmium pigments market. The plastics sector accounts for almost 75% of the consumption of cadmium pigments. The pigment has the ability to diffuse in several polymers and provides tinting strength, superior cooling, and high opacity. On top of this, cadmium pigments display excellent quality of color fastness in polymers that often lasts a lifetime.
Cadmium pigments are increasingly being used in advanced complex polymers. Complex polymers such as high density polyethylene, silicone resins, nylon, acrylonitrile butadiene styrene (ABS), polycarbonates, and other thermoplastic polymers extensively use cadmium pigments as these polymers are processes at very high temperature, which rules out the possibility of use of organic pigments and most of the inorganic pigments.
The report presents a pin-point analysis of the growth trends, market dynamics, and competitive structure that will impact the growth of the global cadmium pigments market for the 2013-2019 period.
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