The US white inorganic pigments market is poised to achieve a CAGR of 6.5% (2024 to 2034), driven by the construction and automotive sectors. Increasing use of white inorganic pigments in a wide range of products, including paints, coatings, adhesives and sealants, plastics, cosmetics, paper and inks is fueling the market growth. Increasing demand for white inorganic pigments from various end users such as construction, automotive and personal care industry is driving the growth of the market.
NEWARK, Del., Feb. 22, 2024 (GLOBE NEWSWIRE) — The inorganic white pigments market is expected to be worth… 27.4 billion US dollars In 2024 it is expected to reach 50.2 billion US dollars In 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 6.2%.
White inorganic pigments are used in industrial coatings for metal substrates, machinery, equipment, appliances and infrastructure to provide protective and functional properties while maintaining a visually attractive appearance. The automotive industry is a large user of white inorganic pigments, primarily in coatings applied to exterior and interior parts and components.
White pigments are used in specialty coatings for specific applications such as aerospace, electronics, instrumentation, and specialized equipment. White inorganic pigments are used in decorative paints, composite coatings and specialty finishes for artistic and creative applications.
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White inorganic pigments find applications in various industrial coatings used on metal substrates, machinery, equipment, appliances and infrastructure. White pigments play a vital role in the packaging industry, where they are widely used in materials such as plastic, paper and cardboard for printing and labeling purposes.
The emergence of e-commerce and the growth of the food and beverage sector has significantly increased the demand for packaging materials, thus increasing the need for inorganic white pigments. A significant portion of the consumption of white inorganic pigments is attributed to the construction industry, especially in architectural coatings for various types of buildings, including residential, commercial and industrial buildings.
“the The steady growth of the construction industry, coupled with the demand for premium coating solutions, is an important driver driving the growth of the inorganic white pigments market.” – says Nikhil Kaitwad (Associate Vice President, Future Market Insights, Inc.)
Key takeaways from the market study
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From 2019 to 2023, the white inorganic pigments market expanded at a CAGR of 7.9%.
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Based on product, the titanium dioxide segment is expected to grow at a CAGR of 6.0% from 2024 to 2034.
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The demand for white inorganic pigments in China is expected to grow at a CAGR of 6.9% until 2034.
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In the United States, the white inorganic pigments industry is expected to register a CAGR of 6.5% from 2024 to 2034.
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The UK is expected to expand at a compound annual growth rate of 7.4% between 2024 and 2034.
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The white inorganic pigments market in Japan is expected to register a CAGR of 7.7% during 2034.
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Competitive scene
Key market players are focusing on enhancing their production capacity to expand their global reach and capture a significant market share. Many leading manufacturers are actively engaged in mergers, acquisitions and collaborations to enhance their global presence and strengthen their market position.
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In November 2022 – Cathay Industries revealed plans for additional growth through the construction of a new iron oxide pigment facility in Indonesia.
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In March 2023 – The Heubach Group unveils its latest offering: the 2027 Automotive Design Trend Book, titled “Plan B for Planet A.” This edition continues Clariant's BU Pigments tradition of providing color trend forecasts every two years in the “Automotive Design Shades Trendbook” series.
An overview of the most important companies
More valuable insights are available
Future Market Insights offers an unbiased global analysis of the White Inorganic Pigments market, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034.
To understand the opportunities in the white inorganic pigments industry, the industry has been segmented based on product (titanium dioxide, zinc oxide, aluminum silicate, calcium carbonate, calcium silicate, silica, etc.) by application (paints and coatings, plastics, printing inks, cosmetics , Other) Region (North America, Latin America, Western Europe, Eastern Europe, South Asia Pacific, East Asia, and the Middle East and Africa).
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Inorganic White Pigments Market – Key Segments
High School:
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Titanium dioxide
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Zinc oxide
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Aluminum silicate
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Calcium carbonate
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Calcium silicate
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Silica
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Others
By application:
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Paints and coatings
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Plastic
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Printing inks
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makeup
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Others
By region:
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north america
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latin america
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Western Europe
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Eastern Europe
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South Asia and the Pacific
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East Asia
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Middle East and Africa
About the Chemicals and Materials division of Future Market Insights
The Chemicals and Materials team at Future Market Insights provides expert analysis, time-saving research and strategic recommendations to deliver real insights and accurate results to help clients around the world. With over 100 reports and over a million data points, the team has clearly analyzed the industry in over 50 countries for over a decade. The team briefly analyzes key trends, including the competitive landscape, profit margin and research development efforts.
Author by:
Nikhil Kaitwadi (Associate Vice President, Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered more than 1,500 assignments for clients, mostly in the automotive, chemicals, industrial equipment, oil and gas, and services industries.
Its core competency revolves around developing research methodology, creating a unique analysis framework, and statistical data models for price analysis, competition mapping, and market feasibility analysis. His experience also extends widely beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decisions.
Nikhil holds an MBA in Marketing and Information Technology and a postgraduate degree in Mechanical Engineering. Nikhil has authored numerous publications and quoted in magazines like EMS Now, EPR Magazine and EE Times.
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