Market Reports | Product Report

INORGANIC PIGMENTS MARKET WORTH $28.3 BILLION BY 2024-AT A CAGR OF 5.1%

Published: October 10, 2022
Author: DIGITAL MEDIA EXECUTIVE
According to a new market research report, the Inorganic Pigments Market by Pigment Type (Titanium Dioxide, Iron Oxide, Carbon Black), Application (Paints & Coatings, Plastics, Inks), End-Use Industry (Building & Construction, Automotive, Packaging, Textiles), Region – Global Forecast to 2024″, is expected to grow from USD 22.0 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 5.1%. The major factors driving the inorganic pigments market include growth of the global construction sector and increasing significance of aesthetics in the packaging industry.
  • 102 Market data Tables
  • 43 Figures
  • 144 Pages and in-depth TOC on “Inorganic Pigments Market – Global Forecast to 2024″

This report also provides a comprehensive analysis of the companies listed below:

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)

These players have adopted various growth strategies to expand their presence in the market further. New product launch, investment & expansion, and merger & acquisition have been the leading strategies adopted by the major players in the last 2 years to strengthen their competitiveness and broaden their customer base in the global inorganic pigments market.

Titanium dioxide is projected to lead the global inorganic pigments market during the forecast period.

On the basis of pigment type, the inorganic pigments market has been segmented into four types, namely, titanium dioxide, iron oxide, carbon black, and others. Titanium dioxide is projected to lead the global inorganic pigments market during the forecast period. The demand for titanium dioxide is the highest due to its white color. Titanium dioxide is the worlds primary pigment for providing whiteness, brightness, and opacity.

APAC is the leading inorganic pigments market.

APAC is the largest market for inorganic pigments. Industrialization, growing population, urbanization, and improving standard of living in the emerging economies of APAC are boosting the inorganic pigments market. The major end users of inorganic pigments in the region are building & construction, automotive, and packaging.

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