Inorganic Pigment Market Global Growth Outlook by 2021 Mar-2017

Global Inorganic Pigment Market 2017-2021
The Inorganic Pigment market report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of the key vendors for 2017-2021. The following companies are the key
players in the global inorganic pigment market: BASF SE, DIC Corporation, Ferro Corporation, Heubach,
and LANXESS. Other Prominent Vendors in the market are Clariant, CRISTAL, Dainichiseika Color &
Chemicals, DuPont, Huntsman International, KRONOS Worldwide, LANSCO COLORS, and Tronox.
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Market Trend
One trend in inorganic pigment market is growing prominence of sustainable paints. Pigments are one
of the most prominent components of paint. They are responsible for imparting color and finish along
with protecting the surface from corrosion and harsh weather. Inorganic pigments are used to provide
metallic finishes and resilient properties. Significant reduction in the use of lead compounds in
specialized industrial paints has been observed. Paints and coatings with low VOC content are gaining
prominence as volatile hydrocarbons are known to cause pollution.
Market Driver
One driver in inorganic pigment market is large price differential between organic and inorganic
pigments. End-users such as paints and coatings, plastics and packaging, and the automotive sector are
using inorganic pigments in their offerings as they provide an instantaneous reduction in price when
compared with organic pigments.
Although organic pigments offer many options in terms of color, inorganic pigments are becoming the
most preferred due to pricing differential. Cost becomes a decisive factor if the end-users choose to opt
for organic pigments over lead-based or inorganic pigments due to environmental concerns. The
increased acceptance of these products has resulted in competitive pricing with inorganic pigments that
dominate the market and hybrid pigments that are slowly penetrating the pigments market.
Market Challenge
One challenge in inorganic pigment market is replacement of heavy-metal-based inorganic pigments by
organic pigments. Pigments contain VOCs that are hazardous to the environment and also to individuals
who are exposed for prolonged periods. Regulatory authorities in many countries in Western Europe
and North America have imposed regulations that seek to limit the hazardous effects of such products.
Inorganic pigments (especially lead- and chromium-based pigments) are under scrutiny as the majority
of them are based on heavy metals.
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Table of Contents Details:
PART 01: Executive summary