The global inorganic color pigments market is expected to exhibit a growth rate (CAGR) of 5% during 2023-2028.
Inorganic color pigments occur both naturally and can be made using synthetic compounds. These pigments consist of dry ground minerals, usually metals and metallic salts, that are mixed into a solution to get the desired product. As compared to organic color pigments, inorganic variants are easier to disperse, which improves the appearance of the medium. As a result, they are used to provide opacity and lighten other colors in architectural coatings, paints, plastics, printing inks, construction materials and textiles around the world.
The high stability and weatherability of inorganic color pigments enable the formulation of stable and innovative coatings in various colors. This represents one of the key factors escalating their demand in the production of inks. Besides this, as they are economical, cost-effective and heat resistant, their application is expanding in the cosmetics industry worldwide. They are gaining traction over their organic counterparts as exposure to sunlight does not cause colors to fade. Furthermore, their low oil absorption is promoting the adoption of inorganic color pigments in the manufacturing of plastics, paints and coatings. This can be attributed to a considerable rise in the number of construction activities on account of rapid urbanization and increasing governmental infrastructure projects. Apart from this, the growing demand for surface treatment activities and the rising preference for better aesthetics are anticipated to positively influence the adoption of inorganic color pigments in the automotive and healthcare industries across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global inorganic color pigments market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on product, form and application.
Breakup by Product:
- Iron Oxide Pigments
- Ultramarine Pigments
- Carbon Black Pigments
- Cadmium Pigments
- Chromium Pigments
Breakup by Form:
Breakup by Application:
- Paints and Coatings
- Printing Inks
- Construction Materials
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being BASF SE, Cathay Industries, DCL Corporation, Ferro Corporation (Prince International Corporation), Hunan Sanhuan Pigment Co. Ltd., KRONOS Worldwide Inc., Lanxess AG and Venator Materials PLC.
|Base Year of the Analysis
||Product, Form, Application, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||BASF SE, Cathay Industries, DCL Corporation, Ferro Corporation (Prince International Corporation), Hunan Sanhuan Pigment Co. Ltd., KRONOS Worldwide Inc., Lanxess AG and Venator Materials PLC
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Key Questions Answered in This Report:
- How has the global inorganic color pigments market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global inorganic color pigments market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the form?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global inorganic color pigments market and who are the key players?
- What is the degree of competition in the industry?