Global Iron Oxide Pigment Market By Type (Natural Iron Oxide Pigment and Synthetic Iron Oxide Pigment), Colour (Red, Black, Yellow and Other Colours), End User Industries (Building and Construction, Paints and Coatings, Plastics, Paper, Pharmaceutical and Other End User Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Data Bridge Market Research analyses that the iron oxide pigment market will witness a CAGR of 4.34% for the forecast period of 2021-2028. Increasing process improvement for environment friendly manufacturing products, growing use of iron oxide pigment by a wide range of ends user verticals such as building and construction, paints and coatings, plastics, paper, pharmaceutical and other end user industries and surge in industrialization, especially in the developing countries are the major factors attributable to the growth of the iron oxide pigment market.
Iron oxide pigments can be manufactured using both natural and synthetic sources. The iron oxide pigments possess good heat and light stability. The iron oxide pigments also exhibit other beneficial characteristics such as good durability to substrates and good colour strength. Iron oxide pigments are available in a wide range of colours in the market and can be used for a wide range of applications.
The rise in demand for iron oxide pigments for its application into inks, ceramics, paper and pulp, and rubbers is the root cause fuelling up the iron oxide pigment market growth rate. Rising industrialization coupled with increasing awareness about its beneficial properties will also directly and positively impact the growth rate of the iron oxide pigment market. Growth and expansion of plastics industry and other end user verticals will further carve the way for the growth of the iron oxide pigment market. Increasing building and construction activities, especially in the developing economies, will also bolster the iron oxide pigment market growth rate.
However, unfavourable market conditions arising as a result of coronavirus outbreak will pose a major challenge to the growth of the iron oxide pigment market. Also, health issues related to its use will dampen the iron oxide pigment market growth rate. Fluctuations in the prices of raw materials and stringent environmental regulations on its application will further derail the market growth rate. Lack of strong marketing and branding structure will also create hindrances for a smooth growing iron oxide pigment market rate.
This iron oxide pigment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on iron oxide pigment market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Iron Oxide Pigment Market Scope and Market Size
The iron oxide pigment market is segmented on the basis of type, colour and end user industries. The growth amongst the different segments helps you attain the knowledge related to the other growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of type, the iron oxide pigment market is segmented into natural iron oxide pigment and synthetic iron oxide pigment.
- Based on colour, the iron oxide pigment market is segmented into red, black, yellow and other colours.
- Based on end user industries, the iron oxide pigment market is segmented into building and construction, paints and coatings, plastics, paper, pharmaceutical and other end-user industries.
Global Iron Oxide Pigment Market Country Level Analysis
The iron oxide pigment market is analysed, and market size, volume information is provided by country, type, colour and end user industries referenced above.
The countries covered in the iron oxide pigment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the iron oxide pigment market and will continue to flourish its dominance during the forecast period owing to the growth and expansion of various end-user verticals in this region, rising industrialization, and growth in the number of construction and manufacturing activities, especially in the emerging economies like India and China. Ever-rising population and increasing personal disposable income are some other market growth determinants.
The country section of the iron oxide pigment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import-export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Iron Oxide Pigment Market Share Analysis
The iron oxide pigment market competitive landscape provides details by a competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to iron oxide pigment market.
The major players covered in the iron oxide pigment market report are BASF SE, DuPont., Raveshia Group, CATHAYINDUSTRIES, Golchha Oxides Pvt Ltd., Xinxiang Rongbo Pigment Science & Technology Co., Ltd., LANXESS, Huntsman International LLC., APPLIED MINERALS INC., Hunan Sanhuan Pigment Co., Ltd., Chemipol ( Kothari Group Of Industries)., Dhirajlal And Company., Proquimac, Selective Minerals And Color Industries Private Limited., G. T. B. Plast India., SHENGHUA GROUP DEQING HUAYUAN PIGMENT CO.LTD, Deqing Color Pigments Co., Ltd,, tongchem.com, KPL International Limited, MUSCLEROX, YIPIN PIGMENTS (EN) and B&B among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.