The major application of cadmium
pigments are in plastics, as almost 75% of the cadmium pigments are applied in
this sector. The pigment disperses easily in many polymers and provide superior
coloring, tinting strength and high opacity. The color fastness of cadmium
pigments in polymers is excellent and often last a lifetime. Application in
advanced complex polymers is the latest trend for cadmium pigments. Complex
polymers such as nylon, high density polyethylene, acrylonitrile butadiene
styrene (ABS), silicone resins, polycarbonates, and other thermoplastic
polymers extensive use cadmium pigments as they are processed at very high
temperatures which rules out the application of organic pigments and most of
the substitute inorganic pigments. The range of color hues provided by cadmium
pigments is vast and is rarely matched by other inorganic pigments. Telephones,
gas pipes, automotive radiator fans, beverage crates are few products which are
manufactured from engineering polymers such as ABS, and the color is derived
from cadmium pigments.
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Cadmium
pigments are also find extensive application in industrial paints. Due to its
chemical inertness and high temperature resistance it is applied in steam pipes
and chemical containers. They are also incorporated in acrylic and latex
coatings. There are no substantial alternative for cadmium pigments as its,
physical and chemical properties are rarely imitated by other inorganic
pigments. The lack of suitable alternative acts as a major driver for the
cadmium pigment market.
Cadmium
pigments pose health concerns in people exposed to its environment. Kidney and
lungs are the organs which are mainly affected by prolonged exposure to cadmium
pigments. Cadmium is a non-essential element for human beings and proper
disposal of cadmium pigments is of prime importance. Most of the cadmium is
absorbed into the body through food, and disposal of cadmium compounds in soil
or water pollutes the environment and turns up in the food chain. Cadmium
pigments have been banned for all plastics in the European Union in 2011. This
development is a restraint for the cadmium pigment market in Europe. Most of
the countries discourage extensive use of cadmium pigments owing to its
inherent environmental concerns. However the cadmium pigment market is expected
to be steady in the foreseeable future owing to the lack of safer alternatives
to the applications it satisfy.
Asia
Pacific region accounts for the highest demand for cadmium pigments and the
trend is expected to continue. The demand from North America is steady, with
low growth, while the demand from Europe is on the decline since the government
regulations regarding ban on cadmium products.
Some
of the major companies involved in the manufacturing of cadmium pigments are
JMB Ltd., Rockwood Pigments NA, Inc., and Hunan Jufa Technology Co., Ltd among
many others.
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
·
North America
·
Asia Pacific
·
Europe
·
Rest of the World
This report provides comprehensive analysis of
·
Market growth drivers
·
Factors limiting market growth
·
Current market trends
·
Market structure
·
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.
Reasons for Buying this Report
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This report provides pin-point analysis for changing
competitive dynamics
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It provides a forward looking perspective on different
factors driving or restraining market growth
·
It provides a technological growth map over time to
understand the industry growth rate
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