Insights Into The Inorganic Pigments Market’s Growth Opportunities Through 2023-2032 – Includes Inorganic Pigments Market Size
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The growth in construction activities are expected to drive innovation in inorganic pigments manufacturing, thus driving the market during the forecast period.
The global inorganic pigments market is expected to grow from $22.84 billion in 2022 to $25.12 billion in 2023 at a compound annual growth rate (CAGR) of 9.97%. The inorganic pigments market size is expected to grow to $36.01 billion in 2027 at a CAGR of 9.42%.
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Global Inorganic Pigments Market Segments Include:
- By Product:Natural Inorganic Pigments, Synthetic Inorganic Pigments
- By Type:Carbon Black, Chromium Oxide, Iron Oxide, Titanium Dioxide, Other Types
- By Application:Plastics, Paints And Coatings, Printing Inks, Glass And Ceramics, Cosmetics, Paper Industry, Pharmaceuticals, Food Industry
- By Geography:The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global inorganic pigments market in 2021.
Major Market Players in the inorganic pigments market include BASF SE, DIC Corporation, Tronox Limited, EI du Pont de Nemours and Company, Ferro Corporation GmbH, Heubach GmbH, Huntsman International LLC.
Product innovation is the key trend in the inorganic pigments market. Companies in the inorganic pigment market are focusing on product innovations to strengthen their position in the market. It involves introducing dispersing agents, ultra-low moisture pigment, lead-free coatings, and others. For instance, in June 2022, Clariant, a Switzerland-based manufacturer of specialty chemicals, launched its first universal polymeric dispersing agent for high-quality pigment preparations that can incorporate organic and inorganic pigments and can be used in all water-based paint systems. Furthermore, waterborne pigment preparations containing Dispersogen Flex 100 may be compatible with solvent-borne base paint systems. The new universal solution provides an innovative, multifunctional, and simple-to-use additive to pigment paste producers and paint producers who also produce pigment pastes.
The Inorganic Pigments Global Market Report 2023 provides a inorganic pigments market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The inorganic pigments market forecast analyzes inorganic pigments market size, inorganic pigments market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The inorganic pigments refer to coloring materials sourced from natural minerals or ores, such as oxides, sulfurides, or different metallic slats. The inorganic pigment is useful in coloring rubber, plastics, glass, ceramics, and architectural coatings.
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