Report ID : AMR1004193 | Industries : | Published On :December 2023 | Page Count : 210
Global Inorganic Pigments Market Size, Trends, and Growth Opportunity, By Type (Titanium Dioxide, Iron Oxide, Carbon Black, Metal Oxide, Chrome Green and Others), By Application (Paints & Coatings, Plastics, Inks, Paper & Board, Textiles, Cosmetics and Others), By End-Use (Building & Construction, Automotive, Packaging, Textiles, Plastics, Printing, and Others), By Region and Forecast Till 2030.
Global Inorganic Pigments Market
Global Inorganic Pigments Market was valued at USD 24 billion in 2022 and is slated to reach USD 51 billion by 2030 at a CAGR of 11.3% from 2023-2030.
Inorganic color pigments are used to color the substrate by blending them or applying them as a surface coating. These pigments are created by combining metal oxides by simple chemical reactions such as oxidation and high-temperature calcination. Inorganic color pigments have a high tinting strength, great light and weather fastness, outstanding resistance to solvent and oxidizing agents, heat stability, and consistency due to their composition.
Market Drivers
The rise of the building industry, particularly in emerging nations, drives demand for inorganic pigments used in paints, varnishes, and concrete, which are necessary for aesthetic appeal and durability. The expansion of the automobile industry promotes the demand for inorganic pigments for vehicle coatings and interior materials that improve appearance and UV resistance. Increased manufacturing activity in sectors such as packaging, textiles, and plastics drives up demand for inorganic pigments used to color and improve product quality.
Market Restraints
Environmental regulations, as well as increasing knowledge of eco-friendly alternatives, may limit the application of certain inorganic pigments, particularly those containing heavy metals. Price fluctuations in raw materials, such as metal oxides, can have an impact on the production costs of inorganic pigments, affecting their affordability and market competitiveness.
Impact of COVID-19
The COVID-19 pandemic, which was declared a global health emergency in December 2019, had a substantial impact on the inorganic pigments sector in 2020. It produced interruptions in worldwide trade, industry, tourism, and finance, resulting in new global economic concerns. The epidemic compounded an already slowing economic development trajectory, similar to the issues encountered during the financial crisis. Imports and exports were interrupted, and market uncertainty influenced the buying habits of consumers, negatively impacting the inorganic pigments industry.
Recent Development
In November 2022, Cathay Industries has announced a merger and acquisition agreement to purchase Venator Materials PLC's iron oxide pigment segment. Cathay Industries, a manufacturer of sustainable color solutions, sees this acquisition as an opportunity to expand its presence in the inorganic pigment market. Even during the pandemic and market concerns, Venator's iron oxide pigment business has exhibited constant growth and profitability, showcasing its strong competitive edge and durability.
Market Segmentation
Global Inorganic Pigments Market is segmented into type, application and end use. By type the market is segmented into titanium dioxide, iron oxide, carbon black, metal oxide, chrome green and others. By application the market is segmented into paints & coatings, plastics, inks, paper & board, textiles, cosmetics and others. By end use the market is segmented into building & construction, automotive, packaging, textiles, plastics, printing, and others.
Regional Analysis
Global Inorganic Pigments Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Asia-Pacific region dominates the inorganic pigments market, owing to rising industrialization. Additionally, increased infrastructure building activities are going to promote further growth in the inorganic pigments market in this region during the forecast period. North America is also predicted to see significant development in the inorganic pigments market, owing largely to strong exports. Furthermore, the presence of significant industry players is projected to assist to the expansion of the inorganic pigments market in North America in the coming years.
Key Players
This report includes a list of numerous Key Players, Venator, The Chemours Company, Tronox Limited, LANXESS, Kronos Worldwide, Inc., BASF, Cathay Industries, Tata Pigments, Dupont, Huntsman Corporation, Hunan Sanhuan Pigment, and Applied Minerals Inc.
Market Taxonomy
By Type
• Titanium Dioxide
• Iron Oxide
• Carbon Black
• Metal Oxide
• Chrome Green
• Others
By Application
• Paints & Coatings
• Plastics
• Inks
• Paper & Board
• Textiles
• Cosmetics
• Others
By End-Use
• Building & Construction
• Automotive
• Packaging
• Textiles
• Plastics
• Printing
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
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Global Inorganic Pigments Market
1. Introduction
1.1. Objective of the Study
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Data Mining
2.2. Validation
2.3. Primary Interviews
2.4. List of Data Sources
3. Executive Summary
4. Global Inorganic Pigments Market Outlook
4.1. Overview
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Cumulative Impact due to recent Energy Crisis
4.2.5. Cumulative Impact due to Nearing Economic Downturn
4.2.6. Post Covid-19 World Supply and Demand Conditions
4.2.7. Cumulative Impact of Russia-Ukraine Conflict
4.3. Porters Five Force Model
4.4. Value Chain Analysis
5. Global Inorganic Pigments Market, By Type
5.1. Y-o-Y Growth Comparison, By Type
5.2. Global Inorganic Pigments Market Share Analysis, By Type
5.3. Global Inorganic Pigments Market Size and Forecast, By Type
5.3.1. Titanium Dioxide
5.3.2. Iron Oxide
5.3.3. Carbon Black
5.3.4. Metal Oxide
5.3.5. Chrome Green
5.3.6. Others
6. Global Inorganic Pigments Market, By Application
6.1. Y-o-Y Growth Comparison, By Application
6.2. Global Inorganic Pigments Market Share Analysis, By Application
6.3. Global Inorganic Pigments Market Size and Forecast, By Application
6.3.1. Paints & Coatings
6.3.2. Plastics
6.3.3. Inks
6.3.4. Paper & Board
6.3.5. Textiles
6.3.6. Cosmetics
6.3.7. Others
7. Global Inorganic Pigments Market, By End Use
7.1. Y-o-Y Growth Comparison, By End Use
7.2. Global Inorganic Pigments Market Share Analysis, By End Use
7.3. Global Inorganic Pigments Market Size and Forecast, By End Use
7.3.1. Building & Construction
7.3.2. Automotive
7.3.3. Packaging
7.3.4. Textiles
7.3.5. Plastics
7.3.6. Printing
7.3.7. Others
8. Global Inorganic Pigments Market, By Region
8.1. Global Inorganic Pigments Market Share Analysis, By Region
8.2. Global Inorganic Pigments Market Share Analysis, By Region
8.3. Global Inorganic Pigments Market Size and Forecast, By Region
9. North America Inorganic Pigments Market Analysis and Forecast (2023-2030)
9.1. Introduction
9.2. North America Inorganic Pigments Market Share Analysis, By Type
9.3. North America Inorganic Pigments Market Share Analysis, By Application
9.4. North America Inorganic Pigments Market Share Analysis, By End Use
9.5. North America Inorganic Pigments Market Size and Forecast, By Country
9.5.1. U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2. Market Size and Forecast, By Application
9.5.1.3. Market Size and Forecast, By End Use
9.5.2. Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2. Market Size and Forecast, By Application
9.5.2.3. Market Size and Forecast, By End Use
9.5.3. Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2. Market Size and Forecast, By Application
9.5.3.3. Market Size and Forecast, By End Use
10. Europe Inorganic Pigments Market Analysis and Forecast (2023-2030)
10.1. Introduction
10.2. Europe Inorganic Pigments Market Share Analysis, By Type
10.3. Europe Inorganic Pigments Market Share Analysis, By Application
10.4. Europe Inorganic Pigments Market Share Analysis, By End Use
10.5. Europe Inorganic Pigments Market Size and Forecast, By Country
10.5.1. Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2. Market Size and Forecast, By Application
10.5.1.3. Market Size and Forecast, By End Use
10.5.2. France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2. Market Size and Forecast, By Application
10.5.2.3. Market Size and Forecast, By End Use
10.5.3. UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2. Market Size and Forecast, By Application
10.5.3.3. Market Size and Forecast, By End Use
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2. Market Size and Forecast, By Application
10.5.4.3. Market Size and Forecast, By End Use
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2. Market Size and Forecast, By Application
10.5.5.3. Market Size and Forecast, By End Use
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2. Market Size and Forecast, By Application
10.5.6.3. Market Size and Forecast, By End Use
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2. Market Size and Forecast, By Application
10.5.7.3. Market Size and Forecast, By End Use
11. Asia Pacific Inorganic Pigments Market Analysis and Forecast (2023-2030)
11.1. Introduction
11.2. Asia Pacific Inorganic Pigments Market Share Analysis, By Type
11.3. Asia Pacific Inorganic Pigments Market Share Analysis, By Application
11.4. Asia Pacific Inorganic Pigments Market Share Analysis, By End Use
11.5. Asia Pacific Inorganic Pigments Market Size and Forecast, By Country
11.5.1. China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2. Market Size and Forecast, By Application
11.5.1.3. Market Size and Forecast, By End Use
11.5.2. Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2. Market Size and Forecast, By Application
11.5.2.3. Market Size and Forecast, By End Use
11.5.3. India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2. Market Size and Forecast, By Application
11.5.3.3. Market Size and Forecast, By End Use
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2. Market Size and Forecast, By Application
11.5.4.3. Market Size and Forecast, By End Use
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2. Market Size and Forecast, By Application
11.5.5.3. Market Size and Forecast, By End Use
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2. Market Size and Forecast, By Application
11.5.6.3. Market Size and Forecast, By End Use
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2. Market Size and Forecast, By Application
11.5.7.3. Market Size and Forecast, By End Use
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Type
11.5.8.2. Market Size and Forecast, By Application
11.5.8.3. Market Size and Forecast, By End Use
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Type
11.5.9.2. Market Size and Forecast, By Application
11.5.9.3. Market Size and Forecast, By End Use
12. Latin America Inorganic Pigments Market Analysis and Forecast (2023-2030)
12.1. Introduction
12.2. Latin America Inorganic Pigments Market Share Analysis, By Type
12.3. Latin America Inorganic Pigments Market Share Analysis, By Application
12.4. Latin America Inorganic Pigments Market Share Analysis, By End Use
12.5. Latin America Inorganic Pigments Market Size and Forecast, Country
12.5.1. Brazil
12.5.1.1. Market Size and Forecast, By Type
12.5.1.2. Market Size and Forecast, By Application
12.5.1.3. Market Size and Forecast, By End Use
12.5.2. Argentina
12.5.2.1. Market Size and Forecast, By Type
12.5.2.2. Market Size and Forecast, By Application
12.5.2.3. Market Size and Forecast, By End Use
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Type
12.5.3.2. Market Size and Forecast, By Application
12.5.3.3. Market Size and Forecast, By End Use
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Type
12.5.4.2. Market Size and Forecast, By Application
12.5.4.3. Market Size and Forecast, By End Use
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Type
12.5.5.2. Market Size and Forecast, By Application
12.5.5.3. Market Size and Forecast, By End Use
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Type
12.5.6.2. Market Size and Forecast, By Application
12.5.6.3. Market Size and Forecast, By End Use
12.5.7. Rest of Latin America
12.5.7.1. Market Size and Forecast, By Type
12.5.7.2. Market Size and Forecast, By Application
12.5.7.3. Market Size and Forecast, By End Use
13. Middle East Inorganic Pigments Market Analysis and Forecast (2023-2030)
13.1. Introduction
13.2. Middle East Inorganic Pigments Market Share Analysis, By Type
13.3. Middle East Inorganic Pigments Market Size and Forecast, By Application
13.4. Middle East Inorganic Pigments Market Size and Forecast, By End Use
13.5. Middle East Inorganic Pigments Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Type
13.5.1.2. Market Size and Forecast, By Application
13.5.1.3. Market Size and Forecast, By End Use
13.5.2. UAE
13.5.2.1. Market Size and Forecast, By Type
13.5.2.2. Market Size and Forecast, By Application
13.5.2.3. Market Size and Forecast, By End Use
13.5.3. Egypt
13.5.3.1. Market Size and Forecast, By Type
13.5.3.2. Market Size and Forecast, By Application
13.5.3.3. Market Size and Forecast, By End Use
13.5.4. Kuwait
13.5.4.1. Market Size and Forecast, By Type
13.5.4.2. Market Size and Forecast, By Application
13.5.4.3. Market Size and Forecast, By End Use
13.5.5. South Africa
13.5.5.1. Market Size and Forecast, By Type
13.5.5.2. Market Size and Forecast, By Application
13.5.5.3. Market Size and Forecast, By End Use
13.5.6. Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Type
13.5.6.2. Market Size and Forecast, By Application
13.5.6.3. Market Size and Forecast, By End Use
14. Competitive Analysis
14.1. Competition Dashboard
14.2. Market share Analysis of Top Vendors
14.3. Key Development Strategies
15. Company Profiles
15.1. Venator
15.1.1. Offerings
15.1.2. Key Financials
15.1.3. Business Segment & Geographic Overview
15.1.4. Key Market Developments
15.1.5. Key Strategies
15.2. The Chemours Company
15.2.1. Overview
15.2.2. Offerings
15.2.3. Key Financials
15.2.4. Business Segment & Geographic Overview
15.2.5. Key Market Developments
15.2.6. Key Strategies
15.3. Tronox Limited
15.3.1. Overview
15.3.2. Offerings
15.3.3. Key Financials
15.3.4. Business Segment & Geographic Overview
15.3.5. Key Market Developments
15.3.6. Key Strategies
15.4. LANXESS
15.4.1. Overview
15.4.2. Offerings
15.4.3. Key Financials
15.4.4. Business Segment & Geographic Overview
15.4.5. Key Market Developments
15.4.6. Key Strategies
15.5. Kronos Worldwide, Inc.
15.5.1. Overview
15.5.2. Offerings
15.5.3. Key Financials
15.5.4. Business Segment & Geographic Overview
15.5.5. Key Market Developments
15.5.6. Key Strategies
15.6. BASF
15.6.1. Overview
15.6.2. Offerings
15.6.3. Key Financials
15.6.4. Business Segment & Geographic Overview
15.6.5. Key Market Developments
15.6.6. Key Strategies
15.7. Cathay Industries
15.7.1. Overview
15.7.2. Offerings
15.7.3. Key Financials
15.7.4. Business Segment & Geographic Overview
15.7.5. Key Market Developments
15.7.6. Key Strategies
15.8. Tata Pigments
15.8.1. Overview
15.8.2. Offerings
15.8.3. Key Financials
15.8.4. Business Segment & Geographic Overview
15.8.5. Key Market Developments
15.8.6. Key Strategies
15.9. Dupont
15.9.1. Overview
15.9.2. Offerings
15.9.3. Key Financials
15.9.4. Business Segment & Geographic Overview
15.9.5. Key Market Developments
15.9.6. Key Strategies
15.10. Huntsman Corporation
15.10.1. Overview
15.10.2. Offerings
15.10.3. Key Financials
15.10.4. Business Segment & Geographic Overview
15.10.5. Key Market Developments
15.10.6. Key Strategies
Others
15.11. Hunan Sanhuan Pigment
15.12. Applied Minerals Inc.
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