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Complex Inorganic Color Pigments Market Size

Report ID: GMI5112
Published Date: Aug 2021
Report Format: PDF

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Complex Inorganic Color Pigments Market Size

Global Complex Inorganic Color Pigments Market size was valued at nearly USD 340 million in 2020 and is expected to showcase a growth rate of around 3.7% CAGR from 2021 to 2027 owing to developments in end-user industries such as paints & coatings, construction, etc. Increasing product demand in the paints & coatings industry owing to its properties such as high thermal and chemical stability is anticipated to fuel the industry growth over the forecast timespan.

Complex inorganic pigments provide enhanced performance in heat & chemical stability, UV opacity, hiding power, and infrared (IR) reflectivity. Due to their versatile properties, such as heat stability, chemical inertness, and weather & light fastness, complex inorganic pigments find wide applications in various building materials. Robust construction activities, especially in emerging countries including China, India, Indonesia, Vietnam, and Brazil, will contribute to the overall growth of complex inorganic color pigments market share.

Complex Inorganic Color Pigments Market Outlook

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The rising usage of complex inorganic color pigments in the paints & coatings industry will boost the industry growth. Additionally, complex inorganic pigments can be used in areas, such as automotive interior & exterior paints, building façade painting, roof coatings, muffler & stove coatings, high-heat powder coating, and fluorocarbon coating, where heat resistance is required.

Complex Inorganic Color Pigments Market Report Attributes
Report Attribute	Details
Base Year:	2020
Complex Inorganic Color Pigments Market Size in 2020:	337.4 Million (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	3.7%
2027 Value Projection:	433.5 Million (USD)
Historical Data for:	2017 to 2020
No. of Pages:	190
Tables, Charts & Figures:	181
Segments covered:	Product, Thickness, Application
Growth Drivers:	Strong demand for complex inorganic color pigments in construction industry Rising use of product in paints & coatings industry
Pitfalls & Challenges:	Stringent regulatory scenario

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Authors: Kiran Pulidindi, Hiralkumar Patel

Frequently Asked Questions (FAQ) :

Complex inorganic color pigments market size had reached USD 340 million in 2020 and will register a CAGR of around 3.7% through 2027.

Paints & coatings segment had held 45% share in 2020 and will observe a CAGR of 4% through 2027 with exponentially growing automobile and construction industries.

North America complex inorganic color pigments market will record a CAGR of 3% through 2027 owing to the presence of mature automobile industry.

Key players operating in the complex inorganic color pigments industry are Venator, Heubach GmbH, Shepherd Color, Clariant AG, Asahi Kasei Kogyo Co., Ltd., HANIL HOLDINGS, and LANSCO Colors, etc.