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Silver Enamel Market: Global Opportunity Analysis and Industry Forecast, 2020–2027
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Silver enamel paint is a paint that air-dries quick to a glossy, tough finish. The global silver enamel market is predicted to register significant growth, owing to the fact that silver enamel paint finds its application in dental system, jewelry, and paints. It is used in the coating of outdoor surfaces, as it is resistant to harsh temperatures. Silver enamel is specifically utilized in dentistry for filling the tooth due to its features such as low cost, noncorrosive nature, durability, strength, and ease of application. The products of silver enamel have considerable life, have an advanced performance than of other fillings, are relevant for extensive variety of medical performance, and are of superior quality. Commercially available enamels such as silver enamel are relatively softer than stove synthetic resins and vitreous enamel, and incorporate a totally different composition.
Market scope and structure analysis
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Million (USD) |
Segments covered | Type, Application, and Region |
Regions covered | North America (U.S., Canada, and Mexico) Europe (Germany, France, Italy, Spain, UK, and rest of Europe) Asia-Pacific (China, India, Japan, South Korea, Australia, and rest of Asia-Pacific) Latin America (Brazil, Argentina, and rest of Latin America) Middle East & Africa (Saudi Arabia, UAE, South Africa, and rest of Middle East & Africa) |
Companies covered | Pamco International, Nicole Barr, Guangzhou HuifuJewelry Co., Ltd., Fine Enamels., David-Anderson Marks, and Thompson Enamel |
Silver Enamel Market Type Segment Analysis
- Tooth Filling Material
- Raw Materials for Jewelry
- Others
Application Segment Analysis
- Dental Curative Substance
- Jewelry
- Artware
- Dental Equipment
- Others
COVID-19 impact analysis
The outbreak of coronavirus has negatively impacted the various industries. Supply chain disruptions has led to shortage of raw materials, which has resulted in decline in demand for silver enamel. Lack of raw material supply forced manufacturers to increase the price of the product, thereby reducing its demand. Moreover, the worldwide lockdown has forced the government to shutdown factories and facilities to prevent the spread of the virus. This will further reduce the demand for the product during the forecast period.
Market scenario analysis
The demand for silver enamel in dental sector is increase significantly due to its specific traits such as advanced presentation in comparison to other material used as fillers. The ongoing use of silver enamel fillings in dental applications could be a primary driving factor for silver enamel industry. Majority of dental restorations rely on silver enamel. Moreover, silver enamels have prolonged durability and can be utilized for medical measures, thereby augmenting the growth of the global market. The continued use of silver enamel fillings in dental applications acts as a primary driving factor of the silver enamel industry.
Market restraints
The Food and Drug Administration (FDA) has encouraged labelling of dental products, which incorporates a warning toward the usage of the product in patients who have an allergic reaction to silver. Availability of viable substitutes, growth of dental composites market, and lack of knowledge about silver enamel products hamper the growth of this market. Issues of toxicity, allergic capability, and inferior aesthetics quality associated with silver enamel are anticipated to decline its demand, which hampers the growth of the market, globally.
Regional insights
Asia-Pacific is predicted to be the fastest growing market for silver enamel, owing to the expansion of jewelry business in promising markets of India, Japan, and China. Low price of silver enamel is predicted to be an essential aspect in expansion of the market. However, utilization of silver enamel for dental applications is declining in Europe with Sweden, Norway, Germany, Denmark, Austria, and Finland, which hampers the growth of the market.
Key benefits of the report
- This study presents the analytical depiction of the global silver enamel industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global silver enamel market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global silver enamel market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed market analysis depending on competitive intensity and how the competition will take shape in coming years.
Questions answered in the global silver enamel market research report:
- Which are the leading market players active in the silver enamel market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities of the market?
- What are the projections for the future that would help in taking further strategic steps?
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