The Global Inorganic Color Pigments Market was valued at $3.3 Billion in 2020. Growing at a high CAGR of more than 3.7% between 2021 and 2031, it is estimated to reach $5.1 Billion by 2031. But due to the current COVID-19 pandemic, there might be a slight difference in the growth rate in the present year. Increased application of inorganic color pigments in printing inks, plastics and paints, and coatings will help to accelerate the growth of this market during the forecasted period.
Global Inorganic Color Pigments Market Is Estimated To Witness Remarkable Growth
Source: SAI Research
The Global Inorganic Color Pigments Market has been segmented into products and applications. on the basis of product Global Inorganic Color Pigments Market has been segmented into Iron Oxide, Carbon and Vegetable Black, Ultramarine Blue, Chrome Green, Others. On the basis of application, it has been segmented into Plastics, Paints & Coatings, Printing Inks, Others.
By Region, Asia Pacific Is Holding The Major Market Share
The Global Inorganic Color Pigments Market has been geographically segmented into North America, South America, Europe, Asia Pacific, Middle East, and Africa. In addition to this, Asia Pacific Global Inorganic Color Pigments Market is holding the largest market share at present and is estimated to witness a high compound annual growth rate during the upcoming forecasted period. the positive outlook of the coatings, plastics, and paints market in Japan, India, China, South Korea will help to promote the usage of inorganic color pigments and this has led the region to dominate the market during the forecasted period. Besides this North America is going to witness remarkable growth during the forecasted period.
Major Players in Global Inorganic Color Pigments Market
Some of the major players in the Global Inorganic Color Pigments Market include Huntsman International LLC, BASF SE, Lanxess, Venator Materials PLC, Applied Minerals, Inc., Cathay Industries, Hunan Sanhuan Pigment Co., Ltd., KRONOS Worldwide, Inc., Sun Chemical Limited, DCL Corporation, Clariant, TATA PIGMENTS LIMITED, Heubach GmbH, Cabot Corporation, Carl Schlenk AG.
Scope of the Report:
Report Coverage |
Details |
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Base Year: |
2020 |
Market Size in 2020: |
US$ 3.3 Billion |
Historical Data for: |
2018 to 2020 |
Forecast Period: |
2021 to 2031 |
Forecast Period 2021 to 2031 CAGR: |
3.7% |
2031 Value Projection: |
US$ 5.1 Billion |
Segments covered: |
By Product - Iron Oxide, Carbon and Vegetable Black, Ultramarine Blue, Chrome Green, Others. By Application – Plastics, Paints & Coatings, Printing Inks, Others. |
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Geographies covered: |
North America: U.S., Canada, Mexico Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific Africa: South Africa, North Africa, and Africa Middle East: GCC, Israel, and Rest of Middle East Latin America: Brazil, Argentina, Rest of Latin America |
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Companies covered: |
Huntsman International LLC, BASF SE, Lanxess, Venator Materials PLC, Applied Minerals, Inc., Cathay Industries, Hunan Sanhuan Pigment Co., Ltd., KRONOS Worldwide, Inc., Sun Chemical Limited, DCL Corporation, Clariant, TATA PIGMENTS LIMITED, Heubach GmbH, Cabot Corporation, Carl Schlenk AG. |
The Global Inorganic Color Pigments Market Has Been Segmented Into:
Global Inorganic Color Pigments Market, By Product Type
Global Inorganic Color Pigments Market, By Application Type
Global Inorganic Color Pigments Market, By Region
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