The global inorganic pigments market size is expected to reach USD 26.39 billion in 2028, at a CAGR of 3.7% during the forecast period. This growth of the market can be attributed to the increased use of inorganic pigments in the construction industry, along with an elevated demand in the Asia Pacific region.

Global Inorganic Pigments Market
Global Inorganic Pigments Market

Inorganic pigments are extensively used in personal care products, printing inks, plastics, paints, coating materials, and cosmetics. Inorganic pigments impart flamboyant colors to the base substrates, thereby making the product visually appealing. Inorganic pigments are widely utilized in the electronics for their light-emitting properties. Inorganic pigments contain molecules that generate spectral light emissions by absorbing or reflecting or refracting the light at specific wavelengths. This phenomenon is commonly used in road reflectors, to safeguard against road accidents during the night. In the printing industry, inorganic pigments are used to make printing inks where white inks witness high demand. Titanium dioxide substrate is used to manufacture white inks. Therefore, it is a widely used type of inorganic pigment.

Global Inorganic Pigments Market
Global Inorganic Pigments Market

Black is the most desired color for cars in the automotive industry. The demand for the black color is twice as much as any other color. Carbon black is used to manufacture black automotive paints. Hence, there is a high demand for inorganic pigments in the automotive industry.

Inorganic pigments have protective insulating and excellent abrasion resistance properties. Thus, they are used as coating materials in the building & construction industry. They are also responsible for imparting distinct colors to paints used in construction works.

The Asia Pacific region is a dominant market for inorganic pigments due to the high growth of the automotive and construction industries in the region. The inorganic pigments market in the Asia Pacific is poised to witness tremendous growth, owing to changing lifestyle and rapid urbanization. The region is expected to account for more than 50% share of the global inorganic pigments during the forecast period. Companies in the region are adopting the strategy of mergers & acquisitions to grow in the market. This market in North America and Europe is expected to grow at a steady rate during the forecast period.

Key Factors Impacting Market Growth:

  • Increasing demand from the automotive industry
  • Increasing demand in the Asia Pacific, owing to the growth of the construction industry
  • Introduction of organic pigments as substitutes 

Key Developments:

  • In 2017, LANXESS introduced red iron oxide pigment in the market with high tinting strength and chromaticity, thus increasing the products portfolio of the company
  • In 2018, leading companies in the market introduced the newly patented nanomaterials technology, which significantly improved mechanical and optical properties of inorganic pigments

What Does This Report Provide?

This report provides a detailed understanding of the global inorganic pigments market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the market.

Market Segmentation:

By Type:

  • Titanium Dioxide
  • Iron Oxide
  • Carbon Black

By Application:

  • Paints
  • Coating Material
  • Printing Inks
  • Light Emitting Sources
  • Plastics

By End-Use Industry:

  • Building & Construction
  • Automotive
  • Plastic
  • Electronics
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By Application
    • By End-Use Industry
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Type
    • By Application
    • By End-Use Industry
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Type
    • By Application
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Type
    • By Application
    • By End-Use Industry
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Type
    • By Application
    • By End-Use Industry
  • Rest of the World
    • By Region (South America, Africa)
    • By Type
    • By Application
    • By End-Use Industry

Companies Covered: BASF SE, DIC Corporation, Ferro Corporation, Heubach, LANXESS, Clariant, CRISTAL, Dainichiseika Color & Chemicals, DuPont, Huntsman International, KRONOS Worldwide, LANSCO COLORS, and Tronox…

Reasons to Buy This Report:

  • Market size estimation of the global inorganic pigments market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

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