What is the global market size of White Inorganic Pigment Market?

Global White Inorganic Pigment Market size was valued at USD 22.9 billion in 2021 and is poised to grow from USD 23.9 billion in 2022 to USD 36.5 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

Who are the key vendors in the Global White Inorganic Pigment Market?

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. 'EI duPont de Nemours and Company', 'LANXESS', 'Ferro Corporation', 'BASF SE', 'Huntsman International LLC', 'DIC Corporation', 'Heubach GmbH', 'Cristal Global', 'Venator Materials plc UK.', 'Tronox Limited', 'Altana AG', 'Cathay Industries Group.', 'The Chemours company, US.', 'Kronos Worldwide, Inc US', 'Gharda Chemicals Limited.'

White Inorganic Pigment Market Size, Share, Growth Analysis, By Application(Laptops, smartphones, wearable equipment, medical equipment), By Vertical(Energy, utilities, transportation & logistics, manufacturing), By Solution(Hardware, Connectivity Services), By Region - Industry Forecast 2024-2031

Q: Which region accounted for the largest share in Global White Inorganic Pigment Market?

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.

Report ID: SQMIG50B2024 | Region: Global | Published Date: February, 2024
Pages: 278 | Tables: 94 | Figures: 71

White Inorganic Pigment Market Insights

White Inorganic Pigment Market size was valued at USD 22.9 billion in 2019 and is poised to grow from USD 23.9 billion in 2023 to USD 36.5 billion by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

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.

White Inorganic Pigment Market Report Snapshots

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Competition in the White Inorganic Pigment market is expected to increase during the forecast period because new players are expected to enter in the 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 market but these numbers will increase in the upcoming years. 'EI duPont de Nemours and Company', 'LANXESS', 'Ferro Corporation', 'BASF SE', 'Huntsman International LLC', 'DIC Corporation', 'Heubach GmbH', 'Cristal Global', 'Venator Materials plc UK.', 'Tronox Limited', 'Altana AG', 'Cathay Industries Group.', 'The Chemours company, US.', 'Kronos Worldwide, Inc US', 'Gharda Chemicals Limited.'

Rapid infrastructure development and industrialisation in developing economies.

Product innovations are a key trend gaining popularity in the white inorganic pigments market. Major players in the white inorganic pigments market are developing low-abrasion pigments to provide a better alternative for pigments. For instance, in June 2022, Clariant AG, a Switzerland-based specialty chemicals company, launched the advanced Dispersogen Flex 100. It is the first universal polymeric dispersing agent for high-quality pigment preparations that can integrate organic and inorganic pigments and be utilized in all water-based paint systems. The product is generic, low-VOC, label-free, and has Clariant's EcoTain label.

Globally, Asia Pacific is estimated to hold the highest 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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White Inorganic Pigment Market Size, Share, Growth Analysis, By Application(Laptops, smartphones, wearable equipment, medical equipment), By Vertical(Energy, utilities, transportation & logistics, manufacturing), By Solution(Hardware, Connectivity Services), By Region - Industry Forecast 2024-2031

White Inorganic Pigment Market Insights

White Inorganic Pigment Market Report Snapshots

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What is the market size of White Inorganic Pigment Market?

Who are the key vendors in the White Inorganic Pigment Market?

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Which region accounted for the largest share in White Inorganic Pigment Market?

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