Inorganic Color Pigments Market Size 2022 : Progress Insight, Statistics, Prominent Players and Forecast to 2028Posted by Roger on May 5th, 2023 Inorganic color pigments are chemical compounds that are used to impart color to a variety of products, including paints, coatings, plastics, textiles, and construction materials. These pigments are made from inorganic materials such as metal oxides, sulfides, and carbonates. Inorganic color pigments offer several advantages, including resistance to weathering, high durability, and high color strength. Market Overview: The global inorganic color pigments market size was valued at USD 4.8 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028. The increasing demand for inorganic color pigments in various end-use industries, such as paints and coatings, plastics, and construction, is expected to drive the market's growth. Applications: Inorganic color pigments are used in a wide range of applications, including:
Inorganic color pigments provide various benefits, such as high color strength, excellent weathering resistance, and high durability. They are used in a wide range of end-use industries, such as automotive, construction, packaging, and personal care. Regional Analysis: The Asia Pacific region is expected to dominate the inorganic color pigments market during the forecast period, owing to the increasing demand for inorganic color pigments in various end-use industries, such as paints and coatings, plastics, and construction. China and India are the major contributors to the growth of the market in the Asia Pacific region. North America is another significant market for inorganic color pigments, driven by the increasing demand for eco-friendly and sustainable products. The United States is the largest consumer of inorganic color pigments in the North American region. Europe is also expected to witness significant growth in the inorganic color pigments market, owing to the increasing demand for high-performance pigments in various end-use industries, such as paints and coatings, plastics, and construction. Key Players: Some of the major players operating in the global inorganic color pigments market include Lanxess AG, BASF SE, Clariant AG, Huntsman Corporation, Cabot Corporation, and The Chemours Company. These companies are focusing on product innovation, strategic partnerships, and mergers and acquisitions to expand their presence in the market. Click Here To More Info - https://www.coherentmarketinsights.com/market-insight/inorganic-color-pigments-market-2792 About Coherent Market Insights Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients. Contact Us Mr. Shah Like it? Share it! More by this author |
