- The inorganic color pigments market is projected to reach US$ 10.1 Bn by 2030. Increased demand for construction materials across the globe is expected to help in market expansion in the upcoming years.
- Growing use of iron & iron oxide pigments in color construction materials is anticipated to boost market growth
ALBANY, N.Y., Sept. 13, 2021 /PRNewswire/ --Major companies operating in the global inorganic color pigments market are focused on R&D activities in order to develop innovative products. They are also taking interest in the discovery of colorants that can be used in the cosmetic industry.
Inorganic color pigments are used in various applications, including printing inks, paints & coatings, construction materials, polymers, textile printing, cosmetics, paper, and ceramics.
As per the report by Transparency Market Research (TMR), the Asia Pacific inorganic color pigments market is expected to expand at a CAGR of 5.4% during the forecast period from 2020 to 2030.
Inorganic Color Pigments Market: Key Findings
Enterprises Utilize Strategy of Consumer, Market Analysis to Increase Revenue in Cosmetic Industry
With an aim to serve the requirements of companies operating in the cosmetic industry, players engaged in the global inorganic color pigments market are growing concentration on the development of customized products. Moreover, many market enterprises are rapidly adopting new manufacturing practices to sustain in the competitive market.
Players in Asia Pacific Focus on Exporting Products to Europe, U.S.
Companies based in the Asia Pacific region are producing superior quality and regulated inorganic color pigments, which follow the specifications of the E.C. (European Commission) and the U.S. The move is helping regional players to increase their sales by exporting products to clients in the U.S. and Europe.
Inorganic Color Pigments Market: Growth Boosters
Inorganic color pigments are gaining traction, as they help in increasing the gloss and opacity of paints and coatings. Moreover, these products offer high resistance to heat, chemicals, and light. Thus, the demand for inorganic color pigments is increasing for the production of decorative coatings, protective coatings, and architectural paints.
Surge in product use in the powder coatings, industrial coatings, and coil coatings is creating lucrative avenues in the market. Furthermore, the growth in the use of inorganic color pigments in coloring of plastics, buildings, and construction is anticipated to drive sales in the market.
Inorganic color pigments also find application as colorants for manufacturing plastics in the automotive sector. In addition, the companies engaged in the food industry are increasing the demand for inorganic color pigments with high dispersability and purity.
In terms of region, the Asia Pacific region is projected to take lead in the production of inorganic color pigments
Inorganic Color Pigments Market: Competition Landscape
Major companies in the inorganic color pigments market are focused on strengthening their credibility. Thus, they are performing dependable quality assurance and monitoring procedures in order to improve the accessibility to safety-complaint cosmetic colors.
For expansion of their business in Europe, several companies are adhering to the Color Index (CI) norms pertaining to the use of correct colorants in products
In order to expand their product portfolio, several enterprises are increasing investments in R&D activities
Inorganic Color Pigments Market: Key Players
The report profiles key players operating in the inorganic color pigments market. Thus, the research document provides all important data, including company overview, product portfolio, financial overview, recent developments, and business strategies of each player operating in the market.
The list of key players in the inorganic color pigments market includes:
Global Inorganic Color Pigments Market: Segmentation
Inorganic Color Pigments Market, by Product Type
Cobalt Blue (PB28)
Cerulean Blue (PB35)
Cobalt Violet (PV14)
Cobalt Yellow (PY40)
Ultramarine Blue (PB29)
Ultramarine Violet (PV15)
Bismuth Vanadate Yellow (PY184)
Bismuth Oxyhalide Orange (PO85)
Iron & Iron Oxide Pigments
Red Ochre (PR102)
Black Iron Oxide (PBk11)
Yellow Ochre (PY43)
Cadmium Red (PR108)
Cadmium Orange (PO20)
Cadmium Yellow (PY37)
Chrome Green (PG17)
Chrome Yellow - Crocoite (PY34)
Zinc Chromate - Yellow (PY36)
Others (including Zinc and Lead)
Inorganic Color Pigments Market, by Form
Inorganic Color Pigments Market, by Form
Paints & Coatings
Others (including Marine and Rail)
Others (including Ceramics and Paper)
Inorganic Color Pigments Market, by Region
Russia & CIS
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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