Pigment reflect slight variations in molecular structure that produce a slightly more greenish or reddish blue. According to a April 2018 report by "Bloomberg Businessweek", the estimated value of the pigment industry globally is $30 billion. The value of titanium dioxide – used to enhance the white brightness of many products – was placed at $13.2 billion per year, while the color Ferrari red is valued at $300 million each year. Selection of a pigment for a particular application is determined by cost, and by the physical properties and attributes of the pigment itself. For example, a pigment that is used
Biological pigment absorbance maximum, changing the different color pigments. In lobsters, there are various types of astaxanthin-protein complexes present. The first one is crustacyanin (max 632 nm), a slate-blue pigment found in the lobster’s carapace. The second one is crustochrin (max 409), a yellow pigment which is found on the outer layer of the carapace. Lastly, the lipoglycoprotein and ovoverdin forms a bright green pigment that is usually present in the outer layers of the carapace and the lobster eggs. Tetrapyrroles are the next most common group of pigments. They have four pyrrole rings, each ring consisting of CHNH. The main role