Global inorganic pigments market accounted for a market volume of 225.9 kilo tons in the year 2019 and is projected to further grow at a CAGR of more than 4% over the foreseeable future.
Dallas, United States – May 28, 2021 /MarketersMedia/ —
Inorganic pigments are made from either petrochemicals or natural materials. These are the most ancient pigments on the planet. These pigments produce an iridescent effect, a complex effect, a pearlescent effect, a metallic effect, and a florescent effect based on refraction phenomena. They have good color quality, heat and light resilience, opacity, weather, and chemical resistance, among other qualities. Titanium dioxide is a common inorganic pigment because of its high thermal stability. Inorganic pigments are widely used in paint and coatings formulations.
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Inorganic pigments are used in paint and coating formulations to improve aesthetic qualities and give surfaces a lustrous finish. The use of inorganic pigments improves the paint’s clarity, thermal resistance, and optical stability. Healthy growth in the coatings and paints industry in emerging economies is likely to grow the global inorganic pigments industry over the prediction period.
Raw material price fluctuations and the toxicity related to inorganic pigments owing to the presence of demand as major restraints for the inorganic pigment industry. Furthermore, as opposed to organic pigments, poor tinting power, and visibility limit market development. Owing to their growing use in the building and paint industries, the global inorganic pigments market is expected to expand significantly. Urbanization and the rapid expansion of construction activities, especially in emerging economies, are some of the key demand drivers. Furthermore, the rising acceptance of inorganic pigments as colorants across the plastics sector is also helping to raise the product demand.
APAC is the largest and fastest-growing inorganic pigments industry owing to the investments in the building and manufacturing sectors, as well as the region’s rapidly expanding population. The expansion of numerous industries in this area has been fueled by rising customer buying power. Such factors are expected to drive up demand for inorganic pigments in the country in the coming future.
Key players operating in this industry include Dominion Lanxess, The Chemours Company, Venator, Tronox Limited, Kronos Worldwide, Inc., Cathay Industries, Clariant, Ferro Corporation, Heubach GmbH, Lomon Billions, Alabama Pigments Company, Cabot Corporation, Carl Schlenk AG, Dominion Colour Corporation, Dystar, Matapel Chemicals, Sudarshan Chemicals, and Sun Chemical. However, volatility in the prices is still the major concern for the global players. R&D activities are currently more focused on finishing techniques than the creation of new pigment molecules
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Some Major Points From TOC:
Chapter 1 Introduction
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Inorganic Pigment Market by Derivative
Chapter 6 Inorganic Pigment Market by Application
Chapter 7 Inorganic Pigment Market By Region
Chapter 8 Competitive Landscape
Chapter 9 Company Profiles
9.1 Dominion Colour Corporation
9.2 Toyocolor
9.3 Dainichiseika Color
9.4 Lanxess
9.5 Venator
9.6 Clariant
9.7 DIC Corporation
9.8 Sudarshan Chemical
9.9 Heubach GmbH
9.10 Trust Chem Co. Ltd.
9.11 Other Companies
o Heubach GmbH
o Lomon Billions
o Alabama Pigments Company
o Cabot Corporation
o Carl Schlenk AG
o Dominion Colour Corporation
o Dystar
Chapter 10 Appendix
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