White Inorganic Pigments Global Market Report 2023

“White Inorganic Pigments Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on white inorganic pigments market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
• Understand customers based on the latest market shares.
• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for white inorganic pigments market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The white inorganic pigments market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Product Type: Aluminium Silicate; Calcium Silicate; Calcium Carbonate; Silica; Titanium Dioxide; Zinc Oxide; Other Products

• 2) By Application: Paints and Coatings; Adhesives and Sealants; Plastics; Cosmetics; Paper; Inks; Other Applications

• Companies Mentioned: The Chemours Company; Tronox Holdings plc; LANXESS; KRONOS Worldwide Inc.; BASF SE

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Major players in the white inorganic pigments market are The Chemours Company, Tronox Holdings plc, LANXESS, KRONOS Worldwide Inc., BASF SE, Venator Materials PLC, Altana AG, Gharda Chemicals Limited, Heubach GmbH, Cathay Industries Group, Sun Chemical Corporation, CRISTAL, Sudarshan Chemical Industries Limited, Ferro Corporation, and Travancore Titanium Products Ltd.

The global white inorganic pigments market is expected to grow from $20.07 billion in 2022 to $21.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global white inorganic pigments market is expected to grow to $27.75 billion in 2027 at a CAGR of 6.5%.

The white inorganic pigments market consists of sales of specialty pigment. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The white inorganic pigments are pigments that give light-scattering qualities to coatings. Inorganic pigments are made from a variety of naturally occurring minerals in addition to minerals synthesised artificially utilising mineral compounds such as oxides and sulphides of one or more metals. The white inorganic pigments are used to provide opacity, lighten other colours and are capable of focusing all light wavelengths, causing the human eye to see them as white due to their comparatively high refractive index.

North America was the largest region in the white inorganic pigments market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the white inorganic pigments report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The main type of white inorganic pigments are aluminium silicate, calcium silicate, calcium carbonate, silica, titanium dioxide, zinc oxide, and others. Aluminium silicate is a chemical compound and a mineral that naturally occurs and comprises of silicon, oxygen, and aluminium, that are used as a white pigment in paints, printing inks and paper. It is used in paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks, and others.

The growth of global construction sector is expected to boost the growth of the white inorganic pigments market going forward. The construction industry refers to the industrial branch of manufacturing and trade-related activities, including building, repairing, renovating, and maintaining infrastructures. The white inorganic pigments are used in coating buildings and building materials to provide durability and appearance. For instance, in June 2021, according to a report published by Canada's national statistical agency, the investment in building construction increased from $14294 million in April 2019 to $19273 million in 2020. Furthermore, in the 2022, according to U.S. Construction Cost Trends report, there is a rise in residential construction which will continue to drive up demand for materials and labor, escalating competition and cost pressures. In the U.S., total construction spending has increased by 16% since the pandemic's onset. Therefore, the growth of global construction sector is driving the growth of the 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 with low VOC, label-free, and Clariant's EcoTain label.

In June 2021, the Heubach Group, a German-based manufacturer of pigments, pigment preparations, dyes and specialty materials and SK Capital, a New York-based private investment firm partnered to acquire Clariant's Pigment for an undisclosed amount. The acquisition will result in the creation of a diversified pigments player that will strengthen Heubach's and Clariant Pigments' current positions. The companies' complementary product portfolios and regionally compatible asset footprints will enable them to provide their customers a larger selection of products and geographic coverage. Clariant Pigments is a Switzerland-based chemical company specialising in organic and inorgic pigments.

The countries covered in the white inorganic pigments market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified) .

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The white inorganic pigments market research report is one of a series of new reports from The Business Research Company that provides white inorganic pigments market statistics, including white inorganic pigments industry global market size, regional shares, competitors with a white inorganic pigments market share, detailed white inorganic pigments market segments, market trends and opportunities, and any further data you may need to thrive in the white inorganic pigments industry. This white inorganic pigments market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.