What is the global market size of White Inorganic Pigment Market?

Global White Inorganic Pigment Market size was valued at USD 22.9 billion in 2021 and is poised to grow from USD 23.9 billion in 2022 to USD 36.5 billion by 2030, at a CAGR of 5.8% during the forecast period (2023-2030).

What is the key driver of Global White Inorganic Pigment Market?

Rapid infrastructure development and industrialisation in developing economies.

White Inorganic Pigment Market Size

White Inorganic Pigment Market Insights

Global White Inorganic Pigment Market size was valued at USD 23.84 billion in 2023 and is poised to grow from USD 25.18 billion in 2024 to USD 38.93 billion by 2032, growing at a CAGR of 5.6% during the forecast period (2025-2032).

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.

FAQs

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. 'Venator Materials PLC (UK) ', 'The Chemours Company (USA) ', 'Tronox Holdings plc (USA) ', 'KRONOS Worldwide, Inc. (USA) ', 'LANXESS AG (Germany) ', 'Huntsman Corporation (USA) ', 'Tayca Corporation (Japan) ', 'Ishihara Sangyo Kaisha, Ltd. (Japan) ', 'Lomon Billions Group (China) ', 'Cristal Global (Saudi Arabia) ', 'BASF SE (Germany) ', 'DuPont de Nemours, Inc. (USA) ', 'Altana AG (Germany) ', 'Ferro Corporation (USA) ', 'Heubach GmbH (Germany) ', 'DIC Corporation (Japan) ', 'Merck KGaA (Germany) ', 'Sakata Inx Corporation (Japan) ', 'Clariant AG (Switzerland) ', 'Toyo Ink SC Holdings Co., Ltd. (Japan)'

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.

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 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.