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Global iron oxide pigments market size to expand at 4.7% CAGR over 2020-2027

The business intelligence report on ‘Global Iron Oxide Pigments Market’ offers comprehensive scrutiny of the primary growth stimulants, profitable prospects, restraints, and limitations that will influence the business dynamics during 2020-2027.

Selbyville, Delaware, May 11, 2021 (GLOBE NEWSWIRE) -- According to credible sources, global iron oxide pigments market valuation was USD 2.10 billion in 2019 and is estimated to grow with a CAGR of 4.7% through 2027 to accumulate USD 3.03 billion by the end of forecast period. Increasing demand from different end-use verticals, in tandem with vigorous research & development in the field of construction and plastics leading to introduction of innovative products are catalyzing the market growth.

The unexpected advent of the COVID-19 pandemic has curtailed the global economy, impeding revenue generation, along with arresting overall market expansion by disrupting the entire supply chain. The complete analysis of the report aims to respond to all potential threats, while suggesting robust business strategies for stakeholders to withstand uncertainties in the industry. Furthermore, the document incorporates a detailed assessment of leading industry players, inclusive of their profit stake, product offerings, and production capabilities.

As cited by the National Development and Reform Commission, in 2019, China approved 26 infrastructure plans with an speculated investment of around USD 142 billion. Hence, increasing urbanization, leading to surge in infrastructural development is augmenting the global iron oxide pigments market outlook.

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For the record, iron oxide pigments are used as a substitute to pigments occurring naturally, due to the former’s opacity and high tinting strength. They are ideal for extreme atmospheric & weather conditions and are used in various types of paints and coatings. Also, iron oxide pigments are inexpensive and durable, hence gaining traction.

However, variations in exchange rates as well as fluctuating prices of raw materials are impeding the growth of worldwide iron oxide pigments market.

Overview of market segmentations:

Based on type, global iron oxide pigments market is segmented into synthetic, and natural. On the basis of color, the marketplace is divided into red, yellow, black, and others. Speaking of application scope, the industry is classified into coatings, construction, and plastics among others.

Expounding regional landscape:

Seasoned analysts claim that Asia Pacific held a significant portion of worldwide iron oxide pigments industry share in the past year, on account of increasing urbanization, escalating construction activities, and availability of raw material as well as cheap labor in the region. Moreover, surge in foreign investments leading to progress in manufacturing and industrial sectors, along with supportive government initiatives are creating lucrative prospects for iron oxide pigments market in APAC.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-iron-oxide-pigments-market-size-research

Global Iron Oxide Pigments Market by Type (Revenue, USD Billion, 2017-2027)

  • Synthetic

  • Natural

Global Iron Oxide Pigments Market by Color (Revenue, USD Billion, 2017-2027)

  • Red

  • Yellow

  • Black

  • Others

Global Iron Oxide Pigments Market Application Gamut (Revenue, USD Billion, 2017-2027)

  • Construction

  • Coatings

  • Plastics

  • Others

Global Iron Oxide Pigments Market Regional Terrain (Revenue, USD Billion, 2017-2027)

Asia Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • RoAPAC

Latin America

  • Mexico

  • Brazil

North America

  • U.S.

  • Canada

Europe

  • UK

  • France

  • Spain

  • Germany

  • Italy

  • RoE

Rest of the World

Global Iron Oxide Pigments Market Competitive Outlook (Revenue, USD Billion, 2017-2027)

  • Huntsman International LLC

  • Cathay Industries Group

  • Venator Materials plc

  • Applied Minerals Inc.

  • Kronos Worldwide Inc.

  • BASF SE

  • Lanxess AG

  • Hunan Sanhuan Pigment Co. Ltd.

  • Raveshia Group

  • Titan Kogyo Ltd.

Table of Content:

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Iron Oxide Pigments Market, by Region, 2018-2027 (USD Billion)

1.2.2. Iron Oxide Pigments Market, by Type, 2018-2027 (USD Billion)

1.2.3. Iron Oxide Pigments Market, by Color, 2018-2027 (USD Billion)

1.2.4. Iron Oxide Pigments Market, by Application, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Iron Oxide Pigments Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Iron Oxide Pigments Market Dynamics

3.1. Iron Oxide Pigments Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Market Challenges

3.1.3. Market Opportunities

Chapter 4. Global Iron Oxide Pigments Market Industry Analysis

4.1. Porter's 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter's 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Iron Oxide Pigments Market, by Type

5.1. Market Snapshot

5.2. Global Iron Oxide Pigments Market by Type, Performance - Potential Analysis

5.3. Global Iron Oxide Pigments Market Estimates & Forecasts by Type 2017-2027 (USD Billion)

5.4. Iron Oxide Pigments Market, Sub Segment Analysis

5.4.1. Synthetic

5.4.2. Natural

Chapter 6. Global Iron Oxide Pigments Market, by Color

6.1. Market Snapshot

6.2. Global Iron Oxide Pigments Market by Color, Performance - Potential Analysis

6.3. Global Iron Oxide Pigments Market Estimates & Forecasts by Color 2017-2027 (USD Billion)

6.4. Iron Oxide Pigments Market, Sub Segment Analysis

6.4.1. Red

6.4.2. Yellow

6.4.3. Black

6.4.4. Others

Chapter 7. Global Iron Oxide Pigments Market, by Application

7.1. Market Snapshot

7.2. Global Iron Oxide Pigments Market by Application, Performance - Potential Analysis

7.3. Global Iron Oxide Pigments Market Estimates & Forecasts by Application 2017-2027 (USD Billion)

7.4. Iron Oxide Pigments Market, Sub Segment Analysis

7.4.1. Construction

7.4.2. Coatings

7.4.3. Plastics

7.4.4. Others

Chapter 8. Global Iron Oxide Pigments Market, Regional Analysis

Related Report:

Pigments Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2026

Global Pigments Market is projected to surpass USD 21 billion by 2026. Increasing paints & coating demand will fuel the product demand. Paints & coatings generated highest demand in pigments market in 2018 and projected to grow with a CAGR over 5% during the forecast timespan. Increasing paints and coating demand in automotive and construction industry will propel the pigments market growth over the forecast period. Increasing environmental awareness and stringent regulation expected to trigger the organic pigments demand in coming years. The regulations for pigments use in food packaging and printing are very stringent across the globe due to the toxic elements in some pigments such as cadmium based and lead based. For instance, in Europe, Directive 94/62/EC refers to heavy metal content in packaging and packaging component. The total of the 4 heavy metals Cd, Pb, Hg, and Cr (VI) must not exceed 100 ppm. With increasing environmental awareness among the people may trigger the regulations on the toxic substance usage, which will further propel the organic pigments demand over the forecast period. However, high organic pigments prices compared to the inorganic may hamper the its demand at some extent during the forecast timespan.

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