An opacifier is a substance added to materials or substances that makes them opaque. The opacifiers are majorly utilized in paints, plastics, and papers. In easy words, opacifiers are the chemical compounds which might be used to transform transparent items into opaque items. This opaque making process includes 3 levels particularly thermal expansion, crystallization, and suspended micro-bubbles. The opacifiers are exceedingly demanded in the cosmetics enterprise due to the fact the use them makes cosmetics impervious to the light.
Opacifiers are being used on a large scale in paint and coating applications along with many other sectors and it is expected to drive the opacifiers market’s significant growth in the next upcoming years.
COVID-19 Impact Analysis
- The outbreak of the covid-19 pandemic has severely affected the business of almost all industries. While the covid-19 pandemic crisis unfolds, regulatory bodies all over the world are in the compulsion to impose strict lockdown and travel bans. Moreover, this has drastically affected the growth of the opacifiers market.
- Due to the COVID-19 pandemic, the supply chain systems were, disrupted as a number of fundamental equipment and materials are profoundly dependent on imports from other countries. Furthermore, the strict instruction of the governing bodies to follow social distancing norms forced the industries to work with minimal workforce, which led to the decrease in the production rate of the industries. Thus, all these factors negatively contribute to the growth of the opacifiers market.
- However, after the covid-19 pandemic, the diversified and innovative applications of opacifiers such as paints & coatings, plastics, ceramics, paper, personal care, home care, and others will foster the growth of the opacifiers market.
Top Impacting Factors
- The increased intake of paints & coatings is attributed to the developing production enterprise in Asia-Pacific. The production output of the Asia-Pacific nations is growing regularly because of the developing populace and the extended variety of nuclear families. In addition, the fast urbanization manner and growing customer call for merchandise are using the growth of business manufacturing bases, thereby using the call for opacifiers.
- The eco-friendly properties of the opacifiers too will entice the eyeballs of many producers and could similarly create greater possibilities for the increase of the market. The vehicle sector highly needs using many opacifiers. It is not the reality that the automobile region is rapidly increasing its roots throughout the globe. This will in turn translate into the boom of opacifiers market.
- However, the fluctuations in the prices of raw materials will definitely hamper the opacifiers market growth rate. Also, underdeveloped personal care in many countries will too bring down the growing rate of the opacifiers market. Moreover, restrictions imposed by the government of many countries on certain opacifiers will hammer down the growth of the market.
Market Trends
Key Market Segments
- By Type
- Titanium Dioxide
- Opaque Polymers
- Zircon
- Zinc Oxide
- Others
- By Application
- Paints & Coatings
- Plastics
- Ceramics
- Personal Care
- Home Care
- Others
- By Region
- North America
- Europe
- Spain
- UK
- Germany
- Italy
- France
- Netherlands
- Russia
- Belgium
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Taiwan
- Indonesia
- Malaysia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Argentina
- Colombia
- Chile
- UAE
- Israel
- Nigeria
- Rest of LAMEA
Key Market Players
- Precheza, Argex Titanium Inc.
- Greentech Industries (India) Private Limited.
- Grupa Azoty.
- Evonik Industries AG
- Alkane Resources Ltd
- Croda International Plc
- ISHIHARA SANGYO KAISHA, LTD.
- Lomon Billions
- Cera-Chem Pvt. Ltd.
- HANKUCK LATICES Co., Ltd.
- CINKARNA Celje d.d.
- Organik Kimya.