Inorganic pigments are widely employed in paints and coatings, printing inks, plastics, personal care products, and construction materials. They impart color to paints, inks, plastics, papers, cosmetics, rubbers, concrete blocks, tiles, etc. Inorganic pigments impart vibrant colors to substrates, thereby making products look appealing. Inorganic pigment molecules contain electrons that can attain different energy levels when exposed to light. Inorganic pigments possess the ability to reflect or absorb light of specific wavelengths. This results in the appearance of colors.
Inorganic pigments are manufactured by using petrochemical sources or natural resources. These are the oldest pigments used across the world. Based on phenomenon of refraction, these pigments provide iridescent effect, complex effect, pearlescent effect, metallic effect, and florescent effect. They possess properties such as good color strength, heat and light stability, opacity, weather and chemical resistance, and durability to substrates. Inorganic pigments are more durable than organic pigments. They have the capacity to hold color for a longer period of time. Additionally, they can withstand exposure to chemicals and sunlight for a longer period of time, as they contain mineral compounds. Inorganic pigments offer high abrasion resistance. This is driving the demand for these pigments. Furthermore, they have the tendency to become opaque, due to their capability of making the molecule highly rigid. This helps in preventing light from entering objects.
Based on the product type, inorganic pigment market is classified as titanium dioxide, iron oxide, carbon black, chromium compounds and other products. Among the various types of inorganic pigments titanium dioxide holds the major share owing to its performance characteristics as well as growing demand for white pigments in the painting and coating industry. Iron oxide pigments and carbon black also possess significant shares owing to the increasing demand from the automotive sector. On the basis of end user, inorganic pigment market is classified as paints & coatings, plastics, printing inks, personal care and other applications. Demand for paints and coatings in from the architectural and automotive sectors are on the rise and it is anticipated to provide growth opportunities for the inorganic pigments in the upcoming years.
The inorganic pigments market in Asia Pacific is expanding at a rapid pace. This provides immense opportunities to regional as well as global manufacturers. Rapid growth in construction and automotive industries and rise in population in Asia Pacific are factors projected to propel the market in the region during the forecast period. The market in Europe and North America is expanding at a moderate pace. Significant investments in technological advancements and rise in renovation work in the building & construction industry are expected to propel the market in these regions during the forecast period. The market in Latin America and Middle East & Africa is expanding at a sluggish pace compared to that in mature regions. However, increase in automotive production in countries such as Mexico and growth in construction activities in GCC are likely to boost the demand for inorganic pigments during the forecast period.