The market of high performance pigment is getting better
China has become a major consumer of high performance special effect pigments, and is regarded as one of the markets where per capita GDP is expected to grow rapidly.
High performance pigments have many advantages. As the costs associated with them increase, these types of products must in turn provide users with multiple performance features.
High performance pigments are widely defined, including performance improvements in many fields and traditional pigments, including improved light resistance, chemical resistance, thermal stability, and excellent transparency or opacity depending on different applications. Compared with the past, the pricing gap of HPP is smaller, which improves their overall potential for harsh environments.
High performance pigments have great potential in electronics, plastics and packaging ink market. With the continuous recovery of the industry and the increasing demand of customers for performance, HPP pigments are likely to show considerable growth in the next few years. Automotive OEM / refinish and industrial coatings are likely to grow with GDP.
