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Inorganic Pigments Market Share

Report ID: GMI8107
Published Date: Feb 2024
Report Format: PDF

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Inorganic Pigments Market Share

Inorganic Pigments Market Company Share, (2023)

The competitive landscape of the inorganic pigments industry is characterized by the presence of key players with diverse strengths and global reach. Companies such as BASF, a German multinational chemical giant, and DuPont de Nemours, Inc. from the United States, are notable contributors to the market with extensive portfolios covering a range of inorganic pigments. These industry leaders bring substantial expertise in research, innovation, and sustainable solutions, influencing the overall market dynamics.

Additionally, Asian players like Atul Ltd. from India and Nanjing Zijin Organic Chemical Co., Ltd. from China contribute to the competitive landscape, reflecting the global distribution of market influence. Regional players like Essel Propack Ltd. in India and Hebei Honghua Chemical Industry Group Co., Ltd. in China further diversify the landscape, providing localized expertise and catering to specific market demands. The competitive dynamics are shaped by a combination of technological advancements, product innovation, and strategic partnerships, emphasizing the need for companies to adapt to evolving consumer preferences, environmental regulations, and sustainability goals to maintain a competitive edge in the market.

Inorganic Pigments Market Companies

Major players operating in the market include:

Atul Ltd.
BASF
Cabot Corporation
Clariant
DuPont de Nemours, Inc.
Essel Propack Ltd.
Hebei Honghua Chemical Industry Group Co., Ltd.
Kronos Worldwide
Lanxess AG
Merck KGaA
Nanjing Zijin Organic Chemical Co., Ltd.
Orient International Holding Limited.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for inorganic pigments reached around USD 28 billion in revenue in 2023 and is set to expand at over 3.9% CAGR between 2024 and 2032 driven by the increasing demand in the construction sector for paints, coatings, and building materials, contributing to aesthetic finishes and long-lasting protection against environmental elements.

Inorganic pigments industry from the titanium dioxide segment generated USD 18 billion in revenue in 2023 and is estimated to witness high demand through 2032 owing to its exceptional opacifying and whitening properties contributing to its increasing preference in the paints and coatings industry.

Asia Pacific industry size for inorganic pigments was worth USD 10.1 billion in 2023 and is estimated to exhibit robust growth through 2032 driven by the rapid industrialization, urbanization, and robust construction activities across emerging economies contributing to a heightened demand for pigments in paints, coatings, and building materials.

Some of the major firms engaged in the inorganic pigments industry are Atul Ltd., BASF, Cabot Corporation, Clariant, DuPont de Nemours, Inc., Essel Propack Ltd., Hebei Honghua Chemical Industry Group Co., Ltd., Kronos Worldwide, Lanxess AG, Merck KGaA, Nanjing Zijin Organic Chemical Co., Ltd., and Orient International Holding Limited.