Global Inorganic Pigments Market Segmentation by Pigment Type (Titanium Dioxide, Iron Oxide, Carbon Black, Others (chromium, cadmium, zinc oxide, and manganese), by Application (Paints & coatings, Plastics, Inks, Others (ceramics, rubber, laminates, and glass), by End-Use Industry (Building & construction, Automotive, Packaging, Paper & printing, Textiles, Others (consumer goods, cosmetics, and electronics)), by Region (APAC, Europe, North America, Middle East & Africa, South America).
Various factors such as growth of global construction sector, increasing significance of aesthetics in packaging industry and rapid industrialization in emerging economies are driving the global market growth over forecast period.
However, factors such as stringent regulations related to cadmium and chromium-based pigments, raw material price fluctuation and regulations related to plastic recycling are restraining the market growth over forecast period.
By pigment type, Titanium Dioxide dominated the global market in 2019 and is expected to keep its dominance over forecast period. Titanium dioxide is the most-widely used inorganic pigments, owing to its excellent physical properties. Ferro is a leading global manufacturer and supplier of Titanium Dioxide pigments.
By application, paint and coatings dominated the global market with xx% of market share in 2019 and is expected to keep its dominance over forecast period. An increased performance of inorganic pigments and technological advancements in coating technology are mainly driving the growth of this segment.
By geography, APAC held 47.89% of global market in 2019 and is expected to keep its dominance over forecast period. Various factors such as growing automotive industry, growing increasing investments in the construction & industrial sector and rapid industrialisation are mainly driving the market growth in this region.
Report covers key development and company profiles of market leaders, potential players and new entrants. Some of the key players covered in this report are Venator (UK), The Chemours Company (US), Tronox Limited (US), LANXESS (Germany), Kronos Worldwide, Inc. (US), Cathay Industries (China), Clariant (Switzerland), Ferro Corporation (US), Heubach GmbH (Germany), Lomon Billions (China), Alabama Pigments Company (US), Cabot Corporation (US) and Carl Schlenk AG (Germany) among others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Inorganic Pigments Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Inorganic Pigments Market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Inorganic Pigments Market positioning of competitors.
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