The white inorganic pigments market market has grown strongly in recent years. It will grow from $21.29 billion in 2023 to $22.83 billion in 2024 at a compound annual growth rate (CAGR) of 7.2%. The expansion observed in the historical period can be ascribed to the growth of the construction industry, demand for paints and coatings, requirements in the automotive sector, heightened usage in plastics, and global trends in urbanization.
The white inorganic pigments market market is expected to see strong growth in the next few years. It will grow to $29.9 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated expansion in the forecast period can be linked to renovations and upgrades in architecture, compliance with environmental regulations, the growth of the packaging industry, manufacturing of consumer goods, and a shift towards sustainable practices. Key trends expected in the forecast period encompass an increased demand for white pigments in the plastics industry, the introduction of nanostructured white pigments, a focus on specialty pigments for cosmetics, integration into advanced coating technologies, and adoption in digital printing inks.
The anticipated growth in the white inorganic pigments market is poised to be driven by the global construction sector's expansion. The construction industry encompasses a range of manufacturing and trade-related activities focused on building, repairing, renovating, and maintaining infrastructure. White inorganic pigments find application in coating buildings and construction materials, enhancing both durability and appearance. In 2022, the U.S. Construction Cost Trends report highlighted a surge in residential construction, contributing to heightened demand for materials and labor, leading to increased competition and cost pressures. In the U.S., total construction spending has risen by 16% since the onset of the pandemic. Consequently, the growth of the global construction sector is a key factor propelling the white inorganic pigments market.
The burgeoning demand for personal care products is expected to drive the growth of the white inorganic pigment market. Personal care products encompass a range of self-care items used for personal hygiene, cleaning, and grooming. White inorganic pigments play a crucial role in these products by providing opacity, brightness, and UV protection, enhancing both aesthetic appeal and functionality. Notably, in February 2023, L'Oréal S.A., a France-based personal care company, reported increased sales of consumer products from 11.8% to 14.6% and active cosmetics from 28.0% to 30.6% between the 3rd and 4th quarters of 2022. Thus, the escalating demand for personal care products stands as a driving force behind the growth of the white inorganic pigment market.
The white inorganic pigments market is witnessing a notable trend towards product innovations, with major players focusing on the development of low-abrasion pigments as a superior alternative. In June 2022, Clariant AG, a specialty chemicals company based in Switzerland, introduced the advanced Dispersogen Flex 100. This groundbreaking product serves as the first universal polymeric dispersing agent for high-quality pigment preparations, capable of integrating both organic and inorganic pigments across all water-based paint systems. Notably, Dispersogen Flex 100 is characterized by its generic nature, low-VOC properties, label-free composition, and bears Clariant's EcoTain label.
Prominent companies in the white inorganic pigments market are intensifying efforts to introduce high-performance variants, exemplified by products such as EverWhite Pigment, aiming to gain a competitive advantage. EverWhite Pigment, launched by U.S. Silica Holdings Inc. in May 2023, is a specially engineered white inorganic pigment designed for various applications, boasting exceptional opacity, brightness, and durability. Derived from a highly refined silica-based mineral, EverWhite Pigment serves as a versatile substitute or complement to other inorganic white pigments, including titanium dioxide (TiO2). The product, sought after for its consistent bright-white color, is gaining popularity across diverse industries such as coatings, building products, quartz countertops, cement applications, plastic fillers, and exterior building products.
In June 2021, the Heubach Group, a German-based pigment manufacturer, and SK Capital, a New York-based private investment firm, joined forces to acquire Clariant's Pigments division for an undisclosed amount. This strategic acquisition is poised to create a diversified pigments player, strengthening the positions of Heubach and Clariant Pigments. With complementary product portfolios and regionally compatible asset footprints, the collaboration aims to offer customers a broader range of products and expanded geographic coverage. Clariant Pigments, based in Switzerland, is a renowned chemical company specializing in both organic and inorganic pigments.
Major companies operating in the white inorganic pigments market market report are The Chemours Company, Tronox Holdings plc, Lanxess AG, Kronos Worldwide Inc., BASF SE, Venator Materials plc, Altana AG, Gharda Chemicals Limited, Heubach GmbH, Cathay Industries Group, Sun Chemical Corporation, Sudarshan Chemical Industries Limited, Ferro Corporation, Travancore Titanium Products Ltd., Clariant International AG, Alabama Pigments Company, Cabot Corporation, Carl Schlenk AG, Dominion Colour Corporation, DyStar Singapore Pte. Ltd., ECKART GmbH, Ineos Pigments USA Inc., Jiangsu Yuxing Industry & Trade Co. Ltd., Albemarle Corporation, DuPont de Nemours Inc., Evonik Industries AG, Huntsman Corporation, Lomon Billions Group Co. Ltd., Merck KGaA, Nippon Paint Holdings Co. Ltd., OCI Company Ltd., PPG Industries Inc., Rockwood Holdings Inc., Tikkurila Oyj, Toyo Ink SC Holdings Co. Ltd., Trust Chem Co. Ltd., Union Colours Limited, Vibfast Pigments Pvt Ltd.
North America was the largest region in the white inorganic pigments market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the white inorganic pigments market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the white inorganic pigments market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of white inorganic pigments include aluminum silicate, calcium silicate, calcium carbonate, silica, titanium dioxide, zinc oxide, and others. Aluminum silicate, a mineral compound composed of silicon, oxygen, and aluminum, occurs naturally and is utilized as a white pigment in paints, printing inks, and paper. Its applications span across various industries such as paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks, among others.
The white inorganic pigments market research report 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.
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 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.
This product will be delivered within 3-5 business days.
The white inorganic pigments market market is expected to see strong growth in the next few years. It will grow to $29.9 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%. The anticipated expansion in the forecast period can be linked to renovations and upgrades in architecture, compliance with environmental regulations, the growth of the packaging industry, manufacturing of consumer goods, and a shift towards sustainable practices. Key trends expected in the forecast period encompass an increased demand for white pigments in the plastics industry, the introduction of nanostructured white pigments, a focus on specialty pigments for cosmetics, integration into advanced coating technologies, and adoption in digital printing inks.
The anticipated growth in the white inorganic pigments market is poised to be driven by the global construction sector's expansion. The construction industry encompasses a range of manufacturing and trade-related activities focused on building, repairing, renovating, and maintaining infrastructure. White inorganic pigments find application in coating buildings and construction materials, enhancing both durability and appearance. In 2022, the U.S. Construction Cost Trends report highlighted a surge in residential construction, contributing to heightened demand for materials and labor, leading to increased competition and cost pressures. In the U.S., total construction spending has risen by 16% since the onset of the pandemic. Consequently, the growth of the global construction sector is a key factor propelling the white inorganic pigments market.
The burgeoning demand for personal care products is expected to drive the growth of the white inorganic pigment market. Personal care products encompass a range of self-care items used for personal hygiene, cleaning, and grooming. White inorganic pigments play a crucial role in these products by providing opacity, brightness, and UV protection, enhancing both aesthetic appeal and functionality. Notably, in February 2023, L'Oréal S.A., a France-based personal care company, reported increased sales of consumer products from 11.8% to 14.6% and active cosmetics from 28.0% to 30.6% between the 3rd and 4th quarters of 2022. Thus, the escalating demand for personal care products stands as a driving force behind the growth of the white inorganic pigment market.
The white inorganic pigments market is witnessing a notable trend towards product innovations, with major players focusing on the development of low-abrasion pigments as a superior alternative. In June 2022, Clariant AG, a specialty chemicals company based in Switzerland, introduced the advanced Dispersogen Flex 100. This groundbreaking product serves as the first universal polymeric dispersing agent for high-quality pigment preparations, capable of integrating both organic and inorganic pigments across all water-based paint systems. Notably, Dispersogen Flex 100 is characterized by its generic nature, low-VOC properties, label-free composition, and bears Clariant's EcoTain label.
Prominent companies in the white inorganic pigments market are intensifying efforts to introduce high-performance variants, exemplified by products such as EverWhite Pigment, aiming to gain a competitive advantage. EverWhite Pigment, launched by U.S. Silica Holdings Inc. in May 2023, is a specially engineered white inorganic pigment designed for various applications, boasting exceptional opacity, brightness, and durability. Derived from a highly refined silica-based mineral, EverWhite Pigment serves as a versatile substitute or complement to other inorganic white pigments, including titanium dioxide (TiO2). The product, sought after for its consistent bright-white color, is gaining popularity across diverse industries such as coatings, building products, quartz countertops, cement applications, plastic fillers, and exterior building products.
In June 2021, the Heubach Group, a German-based pigment manufacturer, and SK Capital, a New York-based private investment firm, joined forces to acquire Clariant's Pigments division for an undisclosed amount. This strategic acquisition is poised to create a diversified pigments player, strengthening the positions of Heubach and Clariant Pigments. With complementary product portfolios and regionally compatible asset footprints, the collaboration aims to offer customers a broader range of products and expanded geographic coverage. Clariant Pigments, based in Switzerland, is a renowned chemical company specializing in both organic and inorganic pigments.
Major companies operating in the white inorganic pigments market market report are The Chemours Company, Tronox Holdings plc, Lanxess AG, Kronos Worldwide Inc., BASF SE, Venator Materials plc, Altana AG, Gharda Chemicals Limited, Heubach GmbH, Cathay Industries Group, Sun Chemical Corporation, Sudarshan Chemical Industries Limited, Ferro Corporation, Travancore Titanium Products Ltd., Clariant International AG, Alabama Pigments Company, Cabot Corporation, Carl Schlenk AG, Dominion Colour Corporation, DyStar Singapore Pte. Ltd., ECKART GmbH, Ineos Pigments USA Inc., Jiangsu Yuxing Industry & Trade Co. Ltd., Albemarle Corporation, DuPont de Nemours Inc., Evonik Industries AG, Huntsman Corporation, Lomon Billions Group Co. Ltd., Merck KGaA, Nippon Paint Holdings Co. Ltd., OCI Company Ltd., PPG Industries Inc., Rockwood Holdings Inc., Tikkurila Oyj, Toyo Ink SC Holdings Co. Ltd., Trust Chem Co. Ltd., Union Colours Limited, Vibfast Pigments Pvt Ltd.
North America was the largest region in the white inorganic pigments market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the white inorganic pigments market market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the white inorganic pigments market market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The primary categories of white inorganic pigments include aluminum silicate, calcium silicate, calcium carbonate, silica, titanium dioxide, zinc oxide, and others. Aluminum silicate, a mineral compound composed of silicon, oxygen, and aluminum, occurs naturally and is utilized as a white pigment in paints, printing inks, and paper. Its applications span across various industries such as paints and coatings, adhesives and sealants, plastics, cosmetics, paper, inks, among others.
The white inorganic pigments market research report 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.
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 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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. White Inorganic Pigments Market Characteristics3. White Inorganic Pigments Market Trends and Strategies31. Global White Inorganic Pigments Market Competitive Benchmarking32. Global White Inorganic Pigments Market Competitive Dashboard33. Key Mergers and Acquisitions in the White Inorganic Pigments Market
4. White Inorganic Pigments Market - Macro Economic Scenario
5. Global White Inorganic Pigments Market Size and Growth
6. White Inorganic Pigments Market Segmentation
7. White Inorganic Pigments Market Regional and Country Analysis
8. Asia-Pacific White Inorganic Pigments Market
9. China White Inorganic Pigments Market
10. India White Inorganic Pigments Market
11. Japan White Inorganic Pigments Market
12. Australia White Inorganic Pigments Market
13. Indonesia White Inorganic Pigments Market
14. South Korea White Inorganic Pigments Market
15. Western Europe White Inorganic Pigments Market
16. UK White Inorganic Pigments Market
17. Germany White Inorganic Pigments Market
18. France White Inorganic Pigments Market
19. Italy White Inorganic Pigments Market
20. Spain White Inorganic Pigments Market
21. Eastern Europe White Inorganic Pigments Market
22. Russia White Inorganic Pigments Market
23. North America White Inorganic Pigments Market
24. USA White Inorganic Pigments Market
25. Canada White Inorganic Pigments Market
26. South America White Inorganic Pigments Market
27. Brazil White Inorganic Pigments Market
28. Middle East White Inorganic Pigments Market
29. Africa White Inorganic Pigments Market
30. White Inorganic Pigments Market Competitive Landscape and Company Profiles
34. White Inorganic Pigments Market Future Outlook and Potential Analysis
35. Appendix
Executive Summary
This report 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.
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Description
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? This report 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.
Scope
Markets Covered:1) By Product Type: Aluminum 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
Key Companies Mentioned: The Chemours Company; Tronox Holdings plc; Lanxess AG; Kronos Worldwide Inc.; BASF SE
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
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 Segmentation: 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