PUBLISHER: Value Market Research | PRODUCT CODE: 1547811
PUBLISHER: Value Market Research | PRODUCT CODE: 1547811
The global demand for Inorganic Color Pigments Market is presumed to reach the market size of nearly USD 5.28 Billion by 2032 from USD 3.67 Billion in 2023 with a CAGR of 4.12% under the study period 2024-2032.
Inorganic color pigments are chemical compounds derived from inorganic mineral sources and are used as colorants in various industries. These pigments are not based on carbon but usually, are metallic salts precipitated from solutions. The colors are created by using chemical compounds mixed by specific chemical composition. Inorganic color pigments are long-lasting and do not fade away quickly on exposure to sunlight or chemicals. They are easier to disperse, more economical, and cost-effective. These complex compounds are very stable and are chemically inert for all practical purposes. They exhibit superior heat stability, UV opacity, and infrared (IR) reflectivity. Wide range of colours are available in these pigments.
The growing importance of high performing colorants in various end-user industries to enhance aesthetics is the main driver behind the inorganic color pigments market's growth. Increasing demand for customized products in the cosmetics industry will be a market booster. The ability to produce sustainable colorants for food products, pet foods, and pharmaceuticals will further propel market growth. Inorganic colorants' demand is growing tremendously in various industries like automotive, packaging, textiles, plastics, building and construction, and printing because of its high stability and dispersion capabilities. The foremost restraining factors for this market's growth are the toxic nature of some colorants, limited strength, and limited choice of colors.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Inorganic Color Pigments. The growth and trends of Inorganic Color Pigments industry provide a holistic approach to this study.
This section of the Inorganic Color Pigments market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Inorganic Color Pigments market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Inorganic Color Pigments market include Huntsman International LLC., Venator Materials PLC, Applied Minerals Inc., Lanxess, Cathay Industries, Hunan Sanhuan Pigment Co. Ltd., Kronos Worldwide Inc., BASF SE. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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