Research Industry Expert High Performance Pigments Market | Page 4

Industry Insights
• HPPs are used to impart color to products in various applications in end-use industries, such as
automotive, paints & coatings, electronics, beauty, and textiles.
• The coatings application dominated the HPPs market during the forecast period, closely followed
by plastics in 2015.
• Cosmetic products is the expected to witness the highest CAGR between 2016 and 2021 due to
growing beauty industry in North America, Europe, and Asia-Pacific.
• The growing automotive industry in the U.S., the Middle East, and Asia-Pacific countries such as
China, Japan, and India is also driving the growth of this market.
• The market for HPPs is classified on the basis of type: organic and inorganic/metallic HPPs.
• The organic HPPs segment is also projected to be the fastest-growing type of HPPs during the
forecast period. It is most commonly used in the plastics, coatings, and cosmetic products
applications.
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