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The global inorganic color pigments market exhibited moderate growth during 2015-2020. 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. Looking forward, IMARC Group expects the global inorganic color pigments market to grow at a CAGR of around 5% during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the global inorganic color pigments market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, product, form and application.
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Applied Minerals Inc., BASF SE, Cathay Industries, Clariant AG, DCL Corporation, Ferro Corporation, Honeywell International Inc., Hunan Sanhuan Pigment Co. Ltd., Huntsman Corporation, KRONOS Worldwide Inc., Lanxess and Venator Materials PLC.
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