Market Size of France Aluminium Pigments Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 3.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
France Aluminium Pigments Market Analysis
The aluminium pigments market in France is expected to register a CAGR of over 3% during the forecast period.
The COVID-19 pandemic outbreak resulted in reduced demand for the aluminium pigment market. While the need for personal care was less affected during the pandemic, economic activity's slowdown led to delayed construction activities and an overall decrease in automobile manufacturing production, weakening the demand for aluminium pigments during this period.
- With industrial activity steadily recovering from the aftermath of the pandemic, demand for aluminium pigment is anticipated to be driven by the growth of the paints & coatings industry. The rising consumption of personal care and cosmetic products is expected to strengthen this demand further.
- However, strict environmental regulations concerning emissions of volatile organic compounds (VOCs) are anticipated to hinder market growth.
- On the flip side, the increasing production of automobiles in France is anticipated to provide future growth opportunities to the aluminum pigments market.
