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Bismuth Vanadate Powder Market Size, Share with COVID-19 Impact Analysis, by Product Type (Laboratory-Grade And Industry-Grade), Application (rubber and plastics, inks, detergents, paints and coatings, automotive coatings, powder coatings, water-based coatings, general industrial coatings, coil coatings, paper, and cosmetics), Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2028

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Bismuth Vanadate is a non-hazardous inorganic pigment that imparts greenish-yellow shades or greenish shades. The molecular formula of Bismuth Vanadate is BiVO4. Bismuth vanadate characteristic properties are high color strength, high gloss, and high brightness among others. Bismuth vanadate is manufactured by dissolving bismuth nitrate with sodium and molybdate sodium vanadate in nitric acid, then by precipitation, it produces a complex mixture of metals. After calcination, it produces crystalline bismuth vanadate. Bismuth vanadate displays similar properties as that of other pigments such as lead chromate pigment. As the bismuth vanadate is lead- chromate-free pigment, the demand for bismuth vanadate is increasing in high-quality coatings involved in industries such as automotive refinish paints. When combined with other pigments, it gives orange, green, and red color shades with comparatively higher hiding power. It can be used in outdoor and indoor applications due to its characteristic properties such as brightness and weathering fastness. Furthermore, bismuth vanadate provides high-temperature stability, thus rendering it ideal for use in the plastics industry.

 

Rising demand for high-performance pigments from the end-use industries such as plastic and polymer, paint & coatings, and others are the major driving factor of the global bismuth vanadate market. Furthermore, a ban on pigments containing chromates is expected to drive the growth of the global bismuth vanadate powder market.  Also, regulations prevailing in developed regions such as North America and Europe over the use of lead chromate pigments are expected to boost the demand of the global bismuth vanadate market. The bismuth vanadate is costly as compared to other alternative pigments is expected to have negative impact on the growth of the global bismuth vanadate market. However, increasing preference for environmentally friendly pigments for sustainable development has promoted the key players to invest in the production of bismuth vanadate which is anticipated to fuel the growth of the global bismuth vanadate market.

 Bismuth Vanadate Powder Market

The global bismuth vanadate powder market is segmented based on product type and application. By product type, the global bismuth vanadate powder is segmented into laboratory-grade and industry-grade. In terms of application, the global bismuth vanadate powder is segmented into rubber and plastics, inks, detergents, paints and coatings, automotive coatings, powder coatings, water-based coatings, general industrial coatings, coil coatings, paper, and cosmetics.

 

Geographically, the global bismuth vanadate powder market is segmented into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America. North America is anticipated to dominate the bismuth vanadate market and is projected to register healthy CAGR over the forecast period. Europe is the next big market for bismuth vanadate due to the increasing regulatory pressure from government organizations on the use of lead chromate pigment that resulted in an increase in demand for bismuth vanadate and is anticipated to register significant growth over the forecast period on the use of lead chromate pigment that resulted in the rise in demand for bismuth vanadate and is expected to register significant growth over the forecast period In Asia Pacific region, China and India are expected to lead the global market bismuth vanadate powder market due to the presence of major manufacturing players and rising end-use industries such as plastic & polymer industries and chemical, paint & coatings, and others. It is projected that the Asia Pacific region is expected to remain the major market for bismuth vanadate and is anticipated to register healthy CAGR over the forecast period. Also, Latin America and Middle East & Africa (MEA) are projected to register slow growth over the forecast period.

 

 

Some of the major players in the global bismuth vanadate powder market are Harold Scholz & Co. GmbH, BASF SE, Domion Colour Corporation, Bruchsaler Farbenfabrik GmbH & Co. KG, Harold Scholz & Co. GmbH, Dimacolor Industry Group Co., Ltd., Heubach GmbH and others. The key players in the global bismuth vanadate powder market are investing in research and development to develop innovative products. Also, due to rising preference for eco-friendly products such as bismuth vanadate has stimulated the key players to develop the bismuth vanadate powder. For instance, BASF SE is has invested in research and development to develop eco-friendly pigment alkali-stable bismuth vanadate pigment for the paints. Also, these products are temperature-stable and can have applications in the plastic industry. As part of the expansion strategy, some of the key players such as Heubach GmBH are expanding its bismuth vanadate pigment segment to meet the increasing demand for high-performance pigments to replace lead chromates.

Global Bismuth Vanadate Powder Market Growth, Trend and Forecast 2021-2028

Chapter 1 Bismuth Vanadate Powder Market Overview
1.1 Product Overview and Scope of Bismuth Vanadate Powder
1.2 Bismuth Vanadate Powder Market Segmentation by Type
1.2.1 Global Production Market Share of Bismuth Vanadate Powder by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Bismuth Vanadate Powder Market Segmentation by Application
1.3.1 Bismuth Vanadate Powder Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Bismuth Vanadate Powder Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Bismuth Vanadate Powder (2014-2028)

Chapter 2 Global Economic Impact on Bismuth Vanadate Powder Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Bismuth Vanadate Powder Market Competition by Manufacturers
3.1 Global Bismuth Vanadate Powder Production and Share by Manufacturers (2020 and 2020)
3.2 Global Bismuth Vanadate Powder Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Bismuth Vanadate Powder Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Bismuth Vanadate Powder Manufacturing Base Distribution, Production Area and Product Type
3.5 Bismuth Vanadate Powder Market Competitive Situation and Trends
3.5.1 Bismuth Vanadate Powder Market Concentration Rate
3.5.2 Bismuth Vanadate Powder Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Bismuth Vanadate Powder Production, Revenue (Value) by Region (2014-2021)
4.1 Global Bismuth Vanadate Powder Production by Region (2014-2021)
4.2 Global Bismuth Vanadate Powder Production Market Share by Region (2014-2021)
4.3 Global Bismuth Vanadate Powder Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Bismuth Vanadate Powder Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Bismuth Vanadate Powder Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Bismuth Vanadate Powder Consumption by Regions (2014-2021)
5.2 North America Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Bismuth Vanadate Powder Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Bismuth Vanadate Powder Production, Revenue (Value), Price Trend by Type
6.1 Global Bismuth Vanadate Powder Production and Market Share by Type (2014-2021)
6.2 Global Bismuth Vanadate Powder Revenue and Market Share by Type (2014-2021)
6.3 Global Bismuth Vanadate Powder Price by Type (2014-2021)
6.4 Global Bismuth Vanadate Powder Production Growth by Type (2014-2021)

Chapter 7 Global Bismuth Vanadate Powder Market Analysis by Application
7.1 Global Bismuth Vanadate Powder Consumption and Market Share by Application (2014-2021)
7.2 Global Bismuth Vanadate Powder Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Bismuth Vanadate Powder Manufacturing Cost Analysis
8.1 Bismuth Vanadate Powder Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Bismuth Vanadate Powder

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Bismuth Vanadate Powder Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Bismuth Vanadate Powder Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Bismuth Vanadate Powder Market Forecast (2021-2028)
12.1 Global Bismuth Vanadate Powder Production, Revenue Forecast (2021-2028)
12.2 Global Bismuth Vanadate Powder Production, Consumption Forecast by Regions (2021-2028)
12.3 Global Bismuth Vanadate Powder Production Forecast by Type (2021-2028)
12.4 Global Bismuth Vanadate Powder Consumption Forecast by Application (2021-2028)
12.5 Bismuth Vanadate Powder Price Forecast (2021-2028)

Chapter 13 Appendix

 

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FAQ

What is Bismuth Vanadate Powder?

Bismuth Vanadate is a non-hazardous inorganic pigment that imparts greenish-yellow shades or greenish shades. The molecular formula of Bismuth Vanadate is BiVO4. Bismuth vanadate characteristic properties are high color strength, high gloss, and high brightness among others.

What are the top companies in the Bismuth Vanadate Powder Market?

Harold Scholz & Co. GmbH, BASF SE, Domion Colour Corporation, Bruchsaler Farbenfabrik GmbH & Co. KG, Harold Scholz & Co. GmbH, Dimacolor Industry Group Co., Ltd., Heubach GmbH and others

What are the key factors driving the Bismuth Vanadate Powder Market?

Rising demand for high-performance pigments from the end-use industries such as plastic and polymer, paint & coatings, and others are the major driving factor of the global bismuth vanadate market. Furthermore, a ban on pigments containing chromates is expected to drive the growth of the global bismuth vanadate powder market.

In which Region the market is growing?

North America is anticipated to dominate the bismuth vanadate market and is projected to register healthy CAGR over the forecast period.

What are the segmentation of Bismuth Vanadate Powder Market?

The global bismuth vanadate powder market is segmented based on product type and application.

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  • Market Size and Share from 2016 - 2027
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  • COVID-19 Impact assessment on the market
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