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Complex Inorganic Color Pigments Market Size
- Report ID: GMI5112
- Published Date: Aug 2021
- Report Format: PDF
Complex Inorganic Color Pigments Market Size
Global Complex Inorganic Color Pigments Market size was valued at nearly USD 340 million in 2020 and is expected to showcase a growth rate of around 3.7% CAGR from 2021 to 2027 owing to developments in end-user industries such as paints & coatings, construction, etc. Increasing product demand in the paints & coatings industry owing to its properties such as high thermal and chemical stability is anticipated to fuel the industry growth over the forecast timespan.
Complex inorganic pigments provide enhanced performance in heat & chemical stability, UV opacity, hiding power, and infrared (IR) reflectivity. Due to their versatile properties, such as heat stability, chemical inertness, and weather & light fastness, complex inorganic pigments find wide applications in various building materials. Robust construction activities, especially in emerging countries including China, India, Indonesia, Vietnam, and Brazil, will contribute to the overall growth of complex inorganic color pigments market share.
The rising usage of complex inorganic color pigments in the paints & coatings industry will boost the industry growth. Additionally, complex inorganic pigments can be used in areas, such as automotive interior & exterior paints, building façade painting, roof coatings, muffler & stove coatings, high-heat powder coating, and fluorocarbon coating, where heat resistance is required.
| Report Attribute | Details |
|---|---|
| Base Year: | 2020 |
| Complex Inorganic Color Pigments Market Size in 2020: | 337.4 Million (USD) |
| Forecast Period: | 2021 to 2027 |
| Forecast Period 2021 to 2027 CAGR: | 3.7% |
| 2027 Value Projection: | 433.5 Million (USD) |
| Historical Data for: | 2017 to 2020 |
| No. of Pages: | 190 |
| Tables, Charts & Figures: | 181 |
| Segments covered: | Product, Thickness, Application |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Complex Inorganic Color Pigments Market Scope
