Global White Inorganic Pigments Market
Chemicals

5 Major Insights On The White Inorganic Pigments Market 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

 

As per The Business Research Company’s White Inorganic Pigments Global Market Report 2024, the white inorganic pigments market is expected to show significant growth in the forecast period.

 

Current Market Size and Growth Rate

  • The white inorganic pigments market has shown strong growth in recent years.
  • In 2023, the market size was $21.29 billion.
  • It is projected to grow to $22.83 billion in 2024, at a compound annual growth rate (CAGR) of 7.2%.

 

Factors Driving Historic Growth

  • Expansion in the construction industry.
  • Increasing demand for paints and coatings.
  • Automotive sector requirements.
  • Increased use in plastics.
  • Global urbanization trends.

 

View More On The White Inorganic Pigments Market Report 2024 –
https://www.thebusinessresearchcompany.com/report/white-inorganic-pigments-global-market-report

 

Future Market Projections

  • The market size is expected to reach $29.9 billion by 2028, with a CAGR of 7.0%.
  • Architectural renovations and upgrades.
  • Environmental regulations.
  • Expanding packaging industry.
  • Growth in consumer goods manufacturing.
  • Shift towards sustainable practices.

 

Key Trends for the Forecast Period

  • Rising demand for white pigments in the plastics industry.
  • Introduction of nanostructured white pigments.
  • Focus on specialty pigments for cosmetics.
  • Integration in advanced coating technologies.
  • Adoption in digital printing inks.

 

Construction Boom Fuels White Inorganic Pigments Market Growth

  • The construction industry’s growth is driving the white inorganic pigments market.
  • The construction sector includes building, repairing, renovating, and maintaining infrastructure.
  • White inorganic pigments are used in coatings for buildings and materials to provide durability and appearance.
  • In 2022, the U.S. saw a rise in residential construction, increasing demand for materials and labor.
  • Total construction spending in the U.S. increased by 16% since the onset of the pandemic.

 

Major Companies in the Market

  • The Chemours Company
  • Tronox Holdings PLC
  • Venator Materials PLC
  • Altana AG
  • Gharda Chemicals Limited
  • Heubach GmbH
  • Cathay Industries Group
  • Sun Chemical Corporation
  • Clariant International AG
  • Alabama Pigments Company
  • Cabot Corporation
  • Carl Schlenk AG
  • Dominion Colour Corporation
  • Jiangsu Yuxing Industry & Trade Co. Ltd.
  • Albemarle Corporation
  • DuPont de Nemours Inc.
  • Evonik Industries AG
  • Huntsman Corporation

 

Low-Abrasion Pigments Emerge as Preferred Choice for High-Quality Paints

  • Product innovations are gaining popularity in the white inorganic pigments market.
  • Major players are developing low-abrasion pigments for better quality.
  • In June 2022, Clariant AG launched Dispersogen Flex 100, a universal polymeric dispersing agent for high-quality pigment preparations.
  • This product is low-VOC, label-free, and has Clariant’s EcoTain label.

 

Heubach and SK Capital Join Forces to Acquire Clariant Pigments

  • In June 2021, Heubach Group and SK Capital acquired Clariant’s Pigment.
  • The acquisition created a diversified pigments player, strengthening Heubach’s and Clariant Pigments’ positions.
  • The complementary product portfolios and compatible asset footprints will provide customers with a wider selection of products and geographic coverage.

 

Market Segmentation

  1. By Product Type:
    • Aluminum Silicate
    • Calcium Silicate
    • Calcium Carbonate
    • Silica
    • Titanium Dioxide
    • Zinc Oxide
    • Other Products
  2. By Application:
    • Paints and Coatings
    • Adhesives and Sealants
    • Plastics
    • Cosmetics
    • Paper
    • Inks
    • Other Applications

 

Regional Insights

  • North America was the largest region in the white inorganic pigments market in 2023.
  • Asia-Pacific is expected to be the fastest-growing region in the forecast period.

The white inorganic pigments market is set for significant growth, driven by various industries and ongoing innovations. With major players focusing on product developments and strategic acquisitions, the market’s future looks promising.

 

Request A Sample Of The Global White Inorganic Pigments Market Report 2024:
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The White Inorganic Pigments Global Market Report 2024  provides an in-depth analysis on the white inorganic pigments market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the white inorganic pigments market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

View More Related Reports –

Inorganic Pigments Global Market Report 2024

Synthetic Pigments Global Market Report 2024

Pigment Dispersion Global Market Report 2024

 

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