The UK market for pigments, including metallic powders and flakes dispersed in non-aqueous media, displayed volatility in volume over the past decade, with a dip from 19.3 million kg in 2013 to 15.15 million kg by 2023. Notable declines occurred between 2015 and 2018, with recovery attempts afterward, although the market faced significant setbacks in 2020.
Year-on-year variations signal minor growth during 2021-2023, with 0.58% CAGR over the past five years indicating a slight upward trend. Future forecasts suggest:
- Technological advancements enhancing pigment dispersion.
- Potential increased demand due to eco-friendly product preference.
- Regulatory impacts guiding product formulation adjustments.
