The global demand for Inorganic Pigments Market is presumed to reach the market size of nearly USD 35.75 MN by 2028 from USD 25.24 MN in 2021 with a CAGR of 5.1% under the study period 2022 - 2028. Regarding volume, the market was calculated XX Kilo Tons in 2021 and forecast to touch XX Kilo Tons by 2028 with a CAGR of XX% during 2022-2028.
Inorganic pigments are insoluble substances popularly used in various industrial applications such as paints and coatings. They are naturally found in minerals and ores and combine materials like sulfides, oxides, sulfate, carbonate, and others. The benefit of using inorganic pigments is that they are resistant to sunlight and chemicals and have opacity properties that allow better protection against lights. Examples include iron oxide, titanium dioxides, cadmium sulfides, etc. Furthermore, they offer good protection against abrasion and contain rash inhibition qualities.
These are durable and cost-effective as they involve a cheap production process.
Market Dynamics
Inorganic Pigments market size shows a favourable picture in the forecast period. The prime market driver is the growing use of inorganic pigments in paints, plastics, and printing ink applications. Various industries like automotive, construction, medical, and cosmetics prefer surface treatment to offer protection against gradual wear and tear and corrosion, alongside achieving better aesthetics. Increasing construction activities and the growth of automotive sectors across various developed and developing economies have created a high demand for paintings, plastics, and coatings. The widespread use of plastics to improve design and aesthetics and to cut down the overall weight in the automotive industry are the factors that will cause the inorganic pigments market to flourish in the forecast period.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of inorganic pigments. The growth and trends of inorganic pigments industry provide a holistic approach to this study.
Market Segmentation
This section of the inorganic pigments market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Titanium Dioxide
- Iron Oxide
- Carbon Black
- Others (Chromium, Cadmium, Zinc Oxide, And Manganese)
By Application
- Paints & Coatings
- Plastics
- Inks
- Others (Ceramics, Rubber, Laminates, And Glass)
By End-Use Industry
- Building & Construction
- Automotive
- Packaging
- Paper & Printing
- Textiles
- Others (Consumer Goods, Cosmetics, And Electronics)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Inorganic Pigments market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Inorganic Pigments Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the inorganic pigments market include Venator (UK), The Chemours Company (US), Tronox Limited (US), LANXESS (Germany), Kronos Worldwide, Inc. (US), Cathay Industries (China), Clariant (Switzerland), Ferro Corporation (US), Heubach GmbH (Germany), Lomon Billions (China), Alabama Pigments Company (US), Cabot Corporation (US), Carl Schlenk AG (Germany), Dominion Colour Corporation (Canada), DyStar (US), ECKART GmbH (Germany), Heubach GmbH (Germany), INEOS Pigments (US), Jiangsu Yuxing Industry & Trade Co., Ltd. (China), Matapel Chemicals (Indonesia), Tasnee (Saudi Arabia), Sudarshan Chemicals (India), Sun Chemical (US), Tata Pigments (India), and Zhejiang Huayuan Pigments Co., Ltd. (China). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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