Adroit Market Research - Industry Insights

Pigments form the basis of several end-use industries such as paints and coatings, cosmetics, apparel, F&B and the like. However, the coloring agents that are added to a diverse end-use industry is rather vividly disparate, depending in the source agent. In recent times, as consciousness on health and environmental sustenance is peaking, industries are evaluating the scope of safe colorants with no carbon footprint and potential health hazards.

This is expected to pave million-dollar growth opportunities in global inorganic pigments market in the coming years. Coloring pigments are use

Pigments form the basis of several end-use industries such as paints and coatings, cosmetics, apparel, F&B and the like. However, the coloring agents that are added to a diverse end-use industry is rather vividly disparate, depending in the source agent. In recent times, as consciousness on health and environmental sustenance is peaking, industries are evaluating the scope of safe colorants with no carbon footprint and potential health hazards.

This is expected to pave million-dollar growth opportunities in global inorganic pigments market in the coming years. Coloring pigments are used in multiple ways to lend color to the objects. They are either coated or blended well to lend desired coloration. Despite stiff competition from counterpart variants of organic pigments, inorganic pigments are expected to remain potentially crucial owing to their convenient availability compatibility with multiple objects as well as economic viability. Factors as such are anticipated to favor relentless adoption and concomitant growth in global inorganic pigments market in the coming years.

Essentially, inorganic pigments are chemical compounds derived from inorganic metallic compounds and various salts such as sulphates, chromates and metallic oxides. These inorganic compounds owing to their structural composition are rich in carbon chains and rings and are derived from particular chemical composition. The categories that clearly differentiate organic and inorganic pigments comprise coloration, size, brightness, and certainly cost and pricing that remains the most influential deciding factor. Between organic and inorganic pigments, organic compounds score higher in terms of hue and brightness.

Heavy-duty Applications Such as External Paints and Coatings Industry to Perk up Adoption of Inorganic Pigments

However, for heavy duty application such as exterior paints and coatings, inorganic pigments remain preferred choice as they can withstand harsh weather conditions owing to improved impact resistance and longevity. Additionally, inorganic pigments witness greater adoption rates as these pigments offer more color options as opposed to organic ones. Some of the most commonly used inorganic pigments comprise iron oxide, chromium oxide, manganese violet, titanium dioxide amongst several others that find ample industry applications.

Inorganic Pigments Such as Titanium Dioxide and Manganese Violet Witness Tremendous Adoption in Cosmetic Industry

Inorganic pigments such as manganese violet is a common ingredient used across diverse cosmetic products such as baby care products, hair care and dyes, eye cosmetics, nail paints, skin care and sun care products as well as men grooming products. Advances in cosmetic industry more emphatically in baby care and men grooming products are expected to lend tremendous growth impetus in global inorganic pigments market in the coming times. Obtained from barium cation and sulfate anion, titanium dioxide is available as mineral barite and has appearance of white crystalline solids with no plausible toxicity. Titanium dioxide is a staple ingredient for several industrial applications such as modifier in paints and coatings, besides finding substantial utility in F&B and medical industries. It becomes important to mention that titanium dioxide is a significant ingredient also for cosmetic and personal care products, thus finding ample use in sunscreen composition besides other cosmetic products.

In food industry titanium dioxide witnesses significant adoption across a variety of edible components such as chocolates, cake decoration, gums and candies owing to its odorless property as well as light scattering ability that are added to food for enhanced whiteness. The property also determines large scale adoption of titanium dioxide in toothpaste. Owing to its ability to retain shelf life for longer duration, food grade titanium dioxide is habitually used in packaged food products. Further, packaging materials also contain this inorganic pigment to prolong shelf life. Ability of titanium dioxide to resist UV radiation makes it particularly vital for the cosmetic industry.

Emerging Countries Remain Favorable Positioned on the growth Chart on the Back of Innovation

Innovation in pigmentation continues to remain the most crucial phenomenon amongst leading market participants in global inorganic pigments market. AT a recent event, HPCI India Exhibition, local inorganic pigments manufacturer, Koel Colours has been awarded for its tremendous contribution to develop novel inorganic pigment, Altered Black, with unique properties of non-nano particle and water dispersion besides being completely dust-free. This inorganic pigment is likely to witness large scale adoption across cosmetic and personal care products. The development is a significant road ahead for inorganic pigments market growth, more specifically across mid and low-income countries.

Further, inorganic pigments market is likely to remain a high profit market with new commercial agreements remaining a staple. Echoing the same, BASF inorganic pigments business, under the brand, BASF Colors & Effects has been recently acquired by DIC Corporation for an undisclosed amount. The development is likely to accelerate profit possibilities of DIC, enabling portfolio diversification to suit end-use industries such as electronics, plastics, printing inks, as well as cosmetics. The development is a vital milestone in the growth road map of global inorganic pigments market.

Further in inorganic pigments space, market players such as Sun Chemicals are constantly refurbishing their inorganic pigments portfolio. The company has recently unveiled its elaborate portfolio of inorganic pigments, the most vital one being SolarVerse which is a low viscosity to be used as a UV flexo dispenser and the new inorganic pigment is likely to witness large scale adoption across varnishes and inks, thus further bolstering growth in global inorganic pigments market. Additional inorganic pigments launched are showing absolute compliance with food grade needs, thus likely to further diversify food grade inorganic pigments range.