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White Inorganic Pigments Market Report Scope & Overview:

The White Inorganic Pigments Market Size was valued at USD 25.12 billion in 2023 and is expected to reach USD 38.63 billion by 2031 and grow at a CAGR of 5.5% over the forecast period 2024-2031.

The white pigment is used in a lot of different things, like paints & coatings, plastics, car parts, and more. White pigment is used in many different industries, such as the automotive, packaging, textile, food and beverage, and medicine packaging industries. So, the growth of the white pigment market around the world is being driven by the fact that there are more and more ways to use white pigment. Manufacturers are working with end users more and more to stay on top of the white pigment market.

White Inorganic Pigments Market Revenue Analysis

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Market Dynamics:

Drivers:

  • Growth of the World's Building Industry

  • The importance of looks in the packaging industry is growing

  • Inorganic pigments that are white have good optical properties

Restraints:

  • Cadmium- and chromium-based pigments are subject to strict rules

  • Changes in the prices of raw materials

Opportunity:

  • Emerging economies are becoming more industrialised quickly

Challenge:

  • Rules about how to recycle plastics

Impact of COVID-19:

The COVID-19 pandemic has had a big effect on the white inorganic pigments industry around the world, and it is hard to know how big and bad the long-term effects will be. Because of the spread of the coronavirus disease, about 198,000 dental hospitals and clinics in the US had to close (data as of August 2020). After the pandemic broke out, the economy went into a recession, which hurt the pigments industry. Before and after the COVID-19 pandemic, the sudden drop and uncertainty in the prices of raw materials caused suppliers and manufacturers of inorganic pigments all over the world to worry. After the pandemic, there has been a big rise in the construction and auto industries, though. The number of retail sales that happen online is going up by a lot. Europe's e-commerce trade is expected to grow by about 20 percent each year.

Market Segmentation:

By Product Type

By Application

  • Paints & Coatings

  • Adhesives & Sealants

  • Plastics

  • Cosmetics

  • Paper

  • Inks

  • Others

White Inorganic Pigments Market Segment Analysis

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Regional Analysis:

In terms of value, the Asia-Pacific region is expected to be the biggest market. During the forecast period, Asia Pacific is also expected to grow at the fastest rate. The paints and coatings, adhesives and sealants, plastics, cosmetics, paper, and inks industries, which are mostly in China, India, and Japan, have a good demand and supply cycle. The construction and auto industries are expected to come back in a big way, which will drive the market in the area. APAC is also an industrial hub with a market that is a lot bigger than most. During the forecast period, this regional market is expected to grow because of things like rising demand for consumer goods, new developments in electronics and other fields, and so on.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

KRONOS Worldwide Inc., The Chemours Chemical Company, Ferro Corporation, Sudarshan Chemical Industries Limited, BASF SE, Clariant International AG, Tronox Limited, LANXESS, CRISTAL, Sun Chemical Corporation.

Ferro Corporation-Company Financial Analysis

White Inorganic Pigments Market Report Scope:
Report Attributes Details
Market Size in 2023 US$ 25.12 Billion
Market Size by 2031 US$ 38.63 Billion
CAGR CAGR of 5.5% From 2024 to 2031
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product Type (Aluminium Silicate, Calcium Silicate, Calcium Carbonate, Silica, Titanium Dioxide, Zinc Oxide, Others)
• By Application (Paints & Coatings, Adhesives & Sealants, Plastics, Cosmetics, Paper, Inks, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles KRONOS Worldwide Inc., The Chemours Chemical Company, Ferro Corporation, Sudarshan Chemical Industries Limited, BASF SE, Clariant International AG, Tronox Limited, LANXESS, CRISTAL, Sun Chemical Corporation
DRIVERS • Growth of the World's Building Industry
• The importance of looks in the packaging industry is growing.
• Inorganic pigments that are white have good optical properties.
Restraints • Cadmium- and chromium-based pigments are subject to strict rules.
• Changes in the prices of raw materials

Frequently Asked Questions

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

 

Ans: KRONOS Worldwide Inc., The Chemours Chemical Company, Ferro Corporation, Sudarshan Chemical Industries Limited, BASF SE, Clariant International AG, Tronox Limited, LANXESS, CRISTA and Sun Chemical Corporation are the major key players of  White Inorganic Pigments Market.

Ans: The COVID-19 pandemic has had a big effect on the white inorganic pigments industry around the world, and it is hard to know how big and bad the long-term effects will be. Because of the spread of the coronavirus disease, about 198,000 dental hospitals and clinics in the US had to close (data as of August 2020). After the pandemic broke out, the economy went into a recession, which hurt the pigments industry. Before and after the COVID-19 pandemic, the sudden drop and uncertainty in the prices of raw materials caused suppliers and manufacturers of inorganic pigments all over the world to worry.

 

Ans: Emerging economies are becoming more industrialised quickly are the opportunity for White Inorganic Pigments Market.

 

Ans: White Inorganic Pigments Market Size was valued at USD 25.12 billion in 2023 and is expected to reach USD 38.63 billion by 2031 and grow at a CAGR of 5.5% over the forecast period 2024-2031.

 

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.White Inorganic Pigments Market Segment, By Product Type:

8.1 Aluminium Silicate

8.2 Calcium Silicate

8.3 Calcium Carbonate

8.4 Silica

8.5 Titanium Dioxide

8.6 Zinc Oxide

8.7 Others

9.White Inorganic Pigments Market Segment, By Application:

9.1 Paints & Coatings

9.2 Adhesives & Sealants

9.3 Plastics

9.4 Cosmetics

9.5 Paper

9.6 Inks

9.7 Others

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 USA

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 France

10.3.4 Italy

10.3.5 Spain

10.3.6 The Netherlands

10.3.7 Rest of Europe

10.4 Asia-Pacific

10.4.1 Japan

10.4.2 South Korea

10.4.3 China

10.4.4 India

10.4.5 Australia

10.4.6 Rest of Asia-Pacific

10.5 The Middle East & Africa

10.5.1 Israel

10.5.2 UAE

10.5.3 South Africa

10.5.4 Rest

10.6 Latin America

10.6.1 Brazil

10.6.2 Argentina

10.6.3 Rest of Latin America

11. Company Profile

11.1  KRONOS Worldwide Inc.

11.1.1 Financial

11.1.2 Products/ Services Offered

11.1.3 SWOT Analysis

11.1.4 The SNS view

11.2 The Chemours Chemical Company

11.3 Ferro Corporation

11.4 Sudarshan Chemical Industries Limited

11.5 BASF SE

11.6 Clariant International AG

11.7 Tronox Limited

11.8 LANXESS

11.9 CRISTAL

11.10 Sun Chemical Corporation

12. Competitive Landscape

12.1 Competitive Benchmark

12.2 Market Share analysis

12.3 Recent Developments

13. Conclusion

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

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Data Bank Validation

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