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Elsight : Inorganic Pigments Market worth $28.3 billion by 2024

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01/14/2020 | 01:41am EST

The report 'Inorganic Pigments Market by Pigment Type (Titanium Dioxide, Iron Oxide, Carbon Black), Application (Paints & Coatings, Plastics, Inks), End-Use Industry (Building & Construction, Automotive, Packaging, Textiles), Region - Global Forecast to 2024', is expected to grow from USD 22.0 billion in 2019 to USD 28.3 billion by 2024, at a CAGR of 5.1%. The major factors driving the inorganic pigments market include growth of the global construction sector and increasing significance of aesthetics in the packaging industry.

Browse 102 market data Tables and 43 Figures spread through 144 Pages and in-depth TOC on 'Inorganic Pigments Market by Pigment Type (Titanium Dioxide, Iron Oxide, Carbon Black), Application (Paints & Coatings, Plastics, Inks), End-Use Industry (Building & Construction, Automotive, Packaging, Textiles), Region - Global Forecast to 2024'
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/inorganic-pigment-market-267172103.html

Titanium dioxide is projected to lead the global inorganic pigments market during the forecast period.

On the basis of pigment type, the inorganic pigments market has been segmented into four types, namely, titanium dioxide, iron oxide, carbon black, and others. Titanium dioxide is projected to lead the global inorganic pigments market during the forecast period. The demand for titanium dioxide is the highest due to its white color. Titanium dioxide is the worlds primary pigment for providing whiteness, brightness, and opacity.

Paints & coatings application accounted for the largest share in the overall inorganic pigments market in 2019.

The inorganic pigments market has been segmented on the basis of application into four categories, namely, paints & coatings, plastics, inks, and others. Among these applications, the paints & coatings application accounted for the largest market share in 2019. Growing demand for various types of coatings, such as automotive coating, industrial coating, coil coatings, floor coatings, marine coatings, and can coatings, is driving the market for inorganic pigments in the paints & coatings segment.

Inorganic pigments market in building & construction industry projected to register the highest CAGR during the forecast period.

The global building & construction industryis growing rapidly owing to the increasing focus and investments in the construction sector. Inorganic pigments improve the quality of construction materials. In the building & construction industry, inorganic pigments are used in pavers, flooring, tiling, bridges, pipe & panels, and precast walls.

APAC is the leading inorganic pigments market.

APAC is the largest market for inorganic pigments. Industrialization, growing population, urbanization, and improving standard of living in the emerging economies of APAC are boosting the inorganic pigments market. The major end users of inorganic pigments in the region are building & construction, automotive, and packaging.

The major vendors in the inorganic pigments market include Venator (UK), The Chemours Company (US), Tronox Limited (US), LANXESS (Germany), Kronos Worldwide, Inc. (US), Cathay Industries (China), Clariant (Switzerland), Ferro Corporation (US), Heubach GmbH (Germany), Lomon Billions (China), Alabama Pigments Company (US), Cabot Corporation (US), Carl Schlenk AG (Germany), Dominion Colour Corporation (Canada), DyStar (US), ECKART GmbH (Germany), Heubach GmbH (Germany), INEOS Pigments (US), Jiangsu Yuxing Industry & Trade Co., Ltd. (China), Matapel Chemicals (Indonesia), Tasnee (Saudi Arabia), Sudarshan Chemicals (India), Sun Chemical (US), Tata Pigments (India), and Zhejiang Huayuan Pigments Co., Ltd. (China).

Don't miss out on business opportunities in Inorganic Pigments Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the 'Growth Engagement Model - GEM'. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write 'Attack, avoid and defend' strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, 'Knowledgestore' connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Disclaimer

Markets and Markets Limited published this content on 14 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 January 2020 06:32:02 UTC

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