
Report ID: SQMIG50B2024
Report ID:
SQMIG50B2024 |
Region:
Global |
Published Date: January, 2025
Pages:
278
|Tables:
94
|Figures:
71
Global White Inorganic Pigment Market size was valued at USD 23.84 billion in 2023 and is poised to grow from USD 25.18 billion in 2024 to USD 38.93 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).
White Inorganic Pigments are becoming popular since they are more durable compared to organic pigments. They are able to withstand the external elements Like both sunlight and chemical exposure without a second thought. Unique abrasion resistance capability of White inorganic pigment makes them different from normal pigment not resistive and capable enough.Moreover, they have increased rigidity towards the molecules and rash inhibition. They inhibit the light from entering into the object as they are rigid towards the molecule and they automatically become opaque.Cost of inorganic chief pigments are much cheaper compared to the organic pigments. One of the most commonly used white inorganic pigments is titanium dioxide. It is majorly used in paint color, widely utilized in plastics and coatings.As it is molecular rigid and it becomes opaque, its scatters visible light on account of its high refractive index
US White Inorganic Pigment Market is poised to grow at a sustainable CAGR for the next forecast year.
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Global White Inorganic Pigment Market is segmented by Type, Application, End-User Industry and region. Based on Type, the market is segmented into Titanium Dioxide, Zinc Oxide, Lithopone and Others. Based on Application, the market is segmented into Paints & Coatings, Plastics, Paper, Inks, Cosmetics and Others. Based on End-User Industry, the market is segmented into Construction, Automotive, Packaging, Consumer Goods, Healthcare and Others. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
By application, global market is divided into many segments such as Paints & Coatings, Adhesives & Sealants, Plastics, Cosmetics, Printing Inks, and Others.Paints & Coatings segment held largest global White Inorganic Pigment market share due to the wide range of benefits.The quality of paint is improved and the cost is cut due to the inorganic pigments with the white extender.It helps the coating to gain the light scattering qualities. That is why white organic pigments are often known as hidden pigments too.
By product type, the White Inorganic Pigment market is classified into Titanium Dioxide, Iron Oxide, Cadmium, Carbon Blank, Lead Chromate, Chromium Oxide & Others. Among all the product types, titanium dioxide held the major market share.Just like other white inorganic pigments, it has several properties like scattering the light due to the high refractive index along with it.It is also of low cost.
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Globally, Asia Pacific is estimated to hold the highest global White Inorganic Pigment market share in 2021, Main factors during this growth period is the presence of top market players such as Venator Materials plc,Tronox Holdings plc, Kronos Worldwide Inc.In countries like China, India and Japan, there is efficient demand and supply cycle of paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks industry.Major industrialisation and infrastructural development in the developing countries will help this market to grow in future.After COVID-19, it is expected that there will be significant bounce back from construction and automotive industry, which will also bolster the growth of white inorganic pigment markets in Asia Pacific region.
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Rapid infrastructure development and industrialisation in developing economies.
Stringent regulations of the government on several pigments.
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Competition in the global White Inorganic Pigment market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of products compatible with White Inorganic Pigment will also increase. Currently, only a few key players are providing their product in the global market but these numbers will increase in the upcoming years.
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According to our global White Inorganic Pigment market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists of such as cost effective and molecular rigid. White Inorganic Pigments will enable materials to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 23.84 billion |
Market size value in 2032 | USD 38.93 billion |
Growth Rate | 5.6% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the White Inorganic Pigment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the White Inorganic Pigment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the White Inorganic Pigment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the White Inorganic Pigment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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