Global White Inorganic Pigment Market

White Inorganic Pigment Market Size, Share, Growth Analysis, By Application(Laptops, smartphones, wearable equipment, medical equipment), By Vertical(Energy, utilities, transportation & logistics, manufacturing), By Solution(Hardware, Connectivity Services), By Region - Industry Forecast 2024-2031


Report ID: SQMIG50B2024 | Region: Global | Published Date: February, 2024
Pages: 278 |Tables: 94 |Figures: 71

White Inorganic Pigment Market Insights

White Inorganic Pigment Market size was valued at USD 22.9 billion in 2019 and is poised to grow from USD 23.9 billion in 2023 to USD 36.5 billion by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

White Inorganic Pigments are becoming popular since they are more durable compared to organic pigments. They are able to withstand the external elements Like both sunlight and chemical exposure without a second thought. Unique abrasion resistance capability of White inorganic pigment makes them different from normal pigment not resistive and capable enough.Moreover, they have increased rigidity towards the molecules and rash inhibition. They inhibit the light from entering into the object as they are rigid towards the molecule and they automatically become opaque.Cost of inorganic chief pigments are much cheaper compared to the organic pigments. One of the most commonly used white inorganic pigments is titanium dioxide. It is majorly used in paint color, widely utilized in plastics and coatings.As it is molecular rigid and it becomes opaque, its scatters visible light on account of its high refractive index

US White Inorganic Pigment Market is poised to grow at a sustainable CAGR for the next forecast year.

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White Inorganic Pigment Market Segmental Analysis

Global White Inorganic Pigment market is segmented on the basis of application, type, grade, and region. By application, the market is segmented into Paints & Coatings, Adhesives & Sealants, Plastics, Cosmetics, Printing Inks, and Others. By type the market is segmented into Titanium Dioxide, Iron Oxide, Cadmium, Carbon Blank, Lead Chromate, Chromium Oxide & Others. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

White Inorganic Pigment Market Analysis by Application

By application, global market is divided into many segments such as Paints & Coatings, Adhesives & Sealants, Plastics, Cosmetics, Printing Inks, and Others.Paints & Coatings segment held largest global White Inorganic Pigment market share due to the wide range of benefits.The quality of paint is improved and the cost is cut due to the inorganic pigments with the white extender.It helps the coating to gain the light scattering qualities. That is why white organic pigments are often known as hidden pigments too.

White Inorganic Pigment Market Analysis by Product type

By product type, the White Inorganic Pigment market is classified into Titanium Dioxide, Iron Oxide, Cadmium, Carbon Blank, Lead Chromate, Chromium Oxide & Others. Among all the product types, titanium dioxide held the major market share.Just like other white inorganic pigments, it has several properties like scattering the light due to the high refractive index along with it.It is also of low cost.

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White Inorganic Pigment Market Regional Insights

Globally, Asia Pacific is estimated to hold the highest global White Inorganic Pigment market share in 2021, Main factors during this growth period is the presence of top market players such as Venator Materials plc,Tronox Holdings plc, Kronos Worldwide Inc.In countries like China, India and Japan, there is efficient demand and supply cycle of paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks industry.Major industrialisation and infrastructural development in the developing countries will help this market to grow in future.After COVID-19, it is expected that there will be significant bounce back from construction and automotive industry, which will also bolster the growth of white inorganic pigment markets in Asia Pacific region.

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White Inorganic Pigment Market Dynamics

White Inorganic Pigment Market Drivers

  • Rapid infrastructure development and industrialisation in developing economies.
  • The emerging economies of the world in the regions of Asia Pacific, Middle Eastern Africa and South America is expected to offer tremendous opportunity for the growth of white inorganic pigments in forecasted.Governments in this economies are supporting the growth of industry and construction work, along with automotive, packaging and textile industries, which is significantly helping the white inorganic market.Textile industry is one of the most vital part of Asian region and India is one of the leading producer.In textiles.Development in textile industry will lead to the growing use of fabrics, which in turn will help white inorganic pigments market.

White Inorganic Pigment Market Restraints

  • Stringent regulations of the government on several pigments.
  • Because of heavy metal content, cadmium and chromium based pigments are hazardous to workers as well as environments. Therefore, governments all around the globe have applied stringent regulations on these pigments.Ensuring the control of acid extractable metal levels Make the process of their disposal more complex.Disposal of heavy metals during the pigment manufacturers are hazardous to human health as well as can cause pollution.

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White Inorganic Pigment Market Competitive Landscape

Competition in the global White Inorganic Pigment market is expected to increase during the forecast period because new players are expected to enter in the global market and the number of products compatible with White Inorganic Pigment will also increase. Currently, only a few key players are providing their product in the global market but these numbers will increase in the upcoming years.

White Inorganic Pigment Market Top Player’s Company Profiles

  • EI duPont de Nemours and Company
  • LANXESS
  • Ferro Corporation
  • BASF SE
  • Huntsman International LLC
  • DIC Corporation
  • Heubach GmbH
  • Cristal Global
  • Venator Materials plc UK.
  • Tronox Limited
  • Altana AG
  • Cathay Industries Group.
  • The Chemours company, US.
  • Kronos Worldwide, Inc US
  • Gharda Chemicals Limited.

White Inorganic Pigment Market Recent Developments

  • In April 2022,Ferro Corporation (NYSE: FOE) (“Ferro”), a leading global supplier of technology-based functional coatings and color solutions, today announced that the previously announced acquisition of Ferro by Prince International Corporation (“Prince”) has been completed.Under the terms of the transaction, Ferro shareholders are entitled to receive $22.00 in cash, without interest and less any applicable withholding taxes, for each share of Ferro common stock that they own immediately prior to the completion of the merger. As a result of the completion of the acquisition, Ferro’s common stock will cease trading on the NYSE.

White Inorganic Pigment Key Market Trends

  • Product innovations are a key trend gaining popularity in the white inorganic pigments market. Major players in the white inorganic pigments market are developing low-abrasion pigments to provide a better alternative for pigments. For instance, in June 2022, Clariant AG, a Switzerland-based specialty chemicals company, launched the advanced Dispersogen Flex 100. It is the first universal polymeric dispersing agent for high-quality pigment preparations that can integrate organic and inorganic pigments and be utilized in all water-based paint systems. The product is generic, low-VOC, label-free, and has Clariant's EcoTain label.

White Inorganic Pigment Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global White Inorganic Pigment market analysis, the global market is estimated to have significant growth during the forecast period because of the benefits it consists of such as cost effective and molecular rigid. White Inorganic Pigments will enable materials to be more convenient for their users. The market has so much potential for new players also because of the high expected rate of growth and demand. What’s Included

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Report Metric Details
Market size value in 2023 USD 22.9 billion
Market size value in 2031 USD 36.5 billion
Growth Rate 5.8%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Application
    • Laptops, smartphones, wearable equipment, medical equipment, M2M, and tablets
  • Vertical
    • Energy, utilities, transportation & logistics, manufacturing, consumer electronics
  • Solution
    • Hardware, Connectivity Services
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • EI duPont de Nemours and Company
  • LANXESS
  • Ferro Corporation
  • BASF SE
  • Huntsman International LLC
  • DIC Corporation
  • Heubach GmbH
  • Cristal Global
  • Venator Materials plc UK.
  • Tronox Limited
  • Altana AG
  • Cathay Industries Group.
  • The Chemours company, US.
  • Kronos Worldwide, Inc US
  • Gharda Chemicals Limited.
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on White Inorganic Pigment Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on White Inorganic Pigment Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the White Inorganic Pigment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the White Inorganic Pigment Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the White Inorganic Pigment Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the White Inorganic Pigment Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

White Inorganic Pigment Market size was valued at USD 22.9 billion in 2019 and is poised to grow from USD 23.9 billion in 2023 to USD 36.5 billion by 2031, at a CAGR of 5.8% during the forecast period (2024-2031).

Competition in the White Inorganic Pigment market is expected to increase during the forecast period because new players are expected to enter in the market and the number of products compatible with White Inorganic Pigment will also increase. Currently, only a few key players are providing their product in the market but these numbers will increase in the upcoming years. 'EI duPont de Nemours and Company', 'LANXESS', 'Ferro Corporation', 'BASF SE', 'Huntsman International LLC', 'DIC Corporation', 'Heubach GmbH', 'Cristal Global', 'Venator Materials plc UK.', 'Tronox Limited', 'Altana AG', 'Cathay Industries Group.', 'The Chemours company, US.', 'Kronos Worldwide, Inc US', 'Gharda Chemicals Limited.'

Rapid infrastructure development and industrialisation in developing economies.

Product innovations are a key trend gaining popularity in the white inorganic pigments market. Major players in the white inorganic pigments market are developing low-abrasion pigments to provide a better alternative for pigments. For instance, in June 2022, Clariant AG, a Switzerland-based specialty chemicals company, launched the advanced Dispersogen Flex 100. It is the first universal polymeric dispersing agent for high-quality pigment preparations that can integrate organic and inorganic pigments and be utilized in all water-based paint systems. The product is generic, low-VOC, label-free, and has Clariant's EcoTain label.

Globally, Asia Pacific is estimated to hold the highest White Inorganic Pigment market share in 2021, Main factors during this growth period is the presence of top market players such as Venator Materials plc,Tronox Holdings plc, Kronos Worldwide Inc.In countries like China, India and Japan, there is efficient demand and supply cycle of paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks industry.Major industrialisation and infrastructural development in the developing countries will help this market to grow in future.After COVID-19, it is expected that there will be significant bounce back from construction and automotive industry, which will also bolster the growth of white inorganic pigment markets in Asia Pacific region.

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Global White Inorganic Pigment Market

Product ID: SQMIG50B2024

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