Silver Enamel Market: Overview
- Silver enamel paint air-dries quickly to an unusually glossy, hard finish. It is primarily employed in the coating of outdoor surfaces that are subject to hard wear or harsh temperatures. Commercially available enamels, including silver enamel, are comparatively softer than stoved synthetic resins and vitreous enamel; and comprises a completely different composition.
- The term ‘enamel paint’ is primarily used to describe oil based products, with significant quantity of gloss in them. Silver enamel paint is an alkyd resin based paint. It is manufactured by the addition of varnish to oil based paint.
- Silver enamel products are used in the manufacture of dental equipment such as dental fillings. Silver enamel products are popular dental restorative materials because of their low cost, strength, durability, and ease of application.
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Key Drivers and Restraints of Silver Enamel Market
- Silver enamel is long lasting, offers better performance than other fillings, and is used in a broad range of clinical performances. Rise in usage of silver enamel fillings in dental applications is a major factor driving silver enamel market. The FDI World Dental Federation has reaffirmed the safety of use of silver enamel in dentistry. Hence, dentists around the world use it. Majority of dental restorations depend on silver enamel; hence, it has significant potential in the market.
- Silver enamel is used largely in the jewelry industry to coat earrings, chains, rings, etc. Growth of the jewelry industry, especially in developing countries such as India and China, is expected to boost the market for silver enamel in the next few years.
- Development of viable substitutes, growth of the dental composites market, and lack of awareness are estimated to hamper the market in the near future
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Global Silver Enamel Market: Segmentation
- The global silver enamel market can be segmented based on type and application
- Based on type, the silver enamel market can be classified into tooth filling material, raw materials for jewelry, and others. The tooth filling material segment held major share of the global market in 2020.
- In terms of application, the silver enamel market can be categorized into dental curative substance, jewelry, artware, dental equipment, and others. The dental curative substance segment held major share in 2020.
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Global Silver Enamel Market: Regional Segmentation
- In terms of region, the global silver enamel market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
- North America is one of the key regions of the global silver enamel market. The American Dental Association has also approved the use of silver enamel for dental restorative procedures. Hence, majority of dentists in the U.S. and Canada use it. This is anticipated to increase the adoption of silver enamel in the region.
- Asia Pacific was the major region of the global silver enamel market in 2020. The use of silver enamel is quite popular in Asia Pacific, especially the emerging markets such as China and India, due to its low cost and wide availability. Rise in population rise and expansion of the artificial jewelry industry are anticipated to boost the silver enamel market in Asia Pacific in the next few years.
- Europe is a highly lucrative region of the global silver enamel market. Rise in dental issues in countries such as Poland and high demand for jewelry across Europe are likely to drive the silver enamel market in the region during the forecast period.
COVID-19 Impact on Global Silver Enamel Market
- The COVID-19 pandemic has adversely affected the global silver enamel market owing to decline in demand for silver enamel. Manufacture of jewelry and artware across the globe also suffered temporary shut down during the lockdowns. Measures such as social distancing also adversely impacted operations. However, recovery in demand for jewelry across the globe after lockdowns is likely to boost the global silver enamel market in the near future.
Key Players in Market
The global silver enamel market has a highly competitive landscape. It is dominated by the presence of various prominent players across the globe. Prominent players operating in the silver enamel market include:
- Pamco International
- Nicole Barr
- Guangzhou HuifuJewelry Co. Ltd.
- Fine Enamels
- David-Anderson Marks
- Thompson Enamel
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