The global inorganic pigments market accounted for a market volume of 225.9 kilo tons in the year 2019 and is projected to further grow at a CAGR of more than 4% over the foreseeable future. The global pigments market comprises of three niche segments such as organic, inorganic, and specialty. Among which organic segment dominates with majority share followed by inorganic and specialty segment. Inorganic compounds derived from metal and salts such as sulphate, metallic oxides, chromate etc. are used in inorganic pigments. Organic pigments as the name suggest are organically obtained from plants whereas, for different uses, inorganic pigments use chemical compositions to achieve the desired surface properties. Inorganic compounds primarily use colour-created chemical compounds based on a certain chemical composition.
Inorganic pigments are favoured for being long-lasting products as the colour of organic pigments can be washed away by oxidation and exposure to sunlight or chemicals though compared to inorganic pigments, organic pigments are brighter.
The global Inorganic Pigment market is estimated to be worth USD 24.65 billion in 2022 and is expected to be worth USD 31.72 billion by 2028, with a CAGR of 4.3 percent from 2022 to 2028
.jpg "The Global Inorganic Pigment Market 2018-2028 (USD Billion)")
Also, in inorganic pigments, the colours available are more diverse than in organic pigment colours. Examples of inorganic pigments contain iron oxide, titanium dioxide, etc.
Inorganic Pigment Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2028 |
| Study Period | 2018-2028 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2028 | USD 31.72 billion |
| Growth Rate | CAGR of 4.3 % during 2018-2028 |
| Segment Covered | By Type, By Application, Product, By End-User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | LANXESS, Ferro Corporation, Venator Materials PLC., G & M Paint Center, Huntsman International LLC, CRISTAL, Tronox Holdings plc, Sun Chemical, Heubach GmbH, DIC CORPORATION, VIBFAST PIGMENTS PVT. LTD., VOXCO India, Musclerox, Ultramarine & Pigments Limited, Qualitron Chemicals, Paramount Colors, Sona Synthetics Products and Ferro Corporation |
Key Segment Of The Inorganic Pigment Market
By Type (USD Billion)
• Titanium Oxide
• Iron Oxide
• Carbon Black
• Chromium Compounds
• Others
Application, (USD Billion)
• Paint and Coatings
• Plastics
• Printing Inks
• Light Emitting Sources
• Personal Care
• Others
Product, (USD Billion)
• Natural Inorganic Pigments
• Synthetic Inorganic Pigments
End User, (USD Billion)
• Building and Construction
• Automotive
• Plastic
• Electronics
• Others
Regional Overview, (USD Billion)
North America
• US
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America
Middle East and South Africa
Frequently Asked Questions (FAQ) :
Asia Pacific dominated the market for inorganic pigment market and accounted for the largest revenue share.
The Global inorganic pigment Market is Segmented on the basis of By Type, By Application, Product, By End-User, Regions
The base year for the report is 2023 in inorganic pigment market
A number of inorganic compounds can be used as pigments in paints. Many of these compounds are coloured due to the absorption of light energy by electrons in d orbital subshells. Which means that we see colours depending on which wavelength of light are not absorbed by the compound. Various examples are carbon black (Carbon C), Cerulean Blue (Cobalt (II) stannate, C02Sno4), Chrome Green (Chromiu006D (III) Oxide, Cr2o3), Cobalt Violet, Cadium Orange, Titanium White, Antimony White, Zinc White, Ultramarine Blue, Prussian Blue, Cobalt Blue, Viridian Green, Cadmium Green, Cadmium Yellow, Chrome Yellow, Zinc Yellow, Cadmium Red, Red Ochre, etc. It displays a limited number and several more of the most famous compounds. Owing to the presence of poisonous heavy metals, a variety of them were used in a restricted or fully banned manner in some of the inorganic compounds used for pigments. For example, because of environmental concerns connected with chrome, chromate pigments are seldom used. Likewise, owing to their high toxicity cadmium compounds were largely removed.
Derivative Segment
On the basis of Derivative segment, the market is categorized into Titanium Dioxide, Iron Oxide, Carbon Black and others. Titanium Dioxide dominated the global market in terms of derivative. The largest, most diverse and most significant synthetic organic dye group is constituted by Titanium Dioxide pigments. Titanium Dioxide pigments can be developed almost in any nuance, but the range is limited in practice to the warm side of the colour wheel. The Iron Oxide is better and cheaper, whilst the few violet Titanium Dioxide pigments are impermanent.
Application Segment
On the Applications, the market is bifurcated into textiles, printing inks, Packaging, paint & coatings, textile industry, others. Paint & coatings dominated the global Inorganic Pigment application market and is anticipated to show similar trend over the forecast period. Asia Pacific will be the major destination for the increasing sales of Inorganic Pigments in the packaging industry because majority of the world packaging products are produced in this region.
Printing inks and paints and coatings are other key application area of Inorganic Pigments. However, consumer tastes for fresh, unique, non-blurry, but environmentally friendly colours increase value growth, whereas textile manufacturers are more turned onto these modern, higher-value items. Paints and coating is the fastest growing segment followed by textile.
.png "Asia Pacific Inorganic Pigment Market 2018-2025 (Kilo Tons)")
In terms of region the global Inorganic Pigment market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East and Africa. Asia Pacific accounted for a major market share as of 2019 and is projected to show similar trend over the forecast period. India and China are the key countries responsible for the growth of Inorganic Pigment in this region. Europe is also projected to show optimistic growth over the forecast period. However, continuous R&D in this region is producing new application of Inorganic Pigment.
Global leaders in this market include Lanxess, The Chemours Company, Venator, Tronox Limited, Kronos Worldwide, Inc., Cathay Industries, Clariant, Ferro Corporation, Heubach GmbH, Lomon Billions, Alabama Pigments Company, Cabot Corporation, Carl Schlenk AG, Dominion Colour Corporation, Dystar, Matapel Chemicals, Sudarshan Chemicals, Sun Chemical.