The report "Iron Oxide Pigments Market by Color (Red, Yellow, Black, Others), End User (Construction, Coatings, Plastics, Paper, Others), Type (Natural, Synthetic), Region (Americas, Europe, Asia-Pacific, Mea) - Global Forecasts to 2021", The global iron oxide pigments market is expected to reach USD 2.30 Billion by 2021, at a CAGR of 4.3% from 2016 to 2021. Increasing demand of iron oxide pigments from the construction sector and rapid urbanization are factors influencing the overall growth of the global iron oxide pigments market.
2. Iron Oxide Pigments Market by Color (Red, Yellow, Black,
Others), End User (Construction, Coatings, Plastics, Paper,
Others), Type (Natural, Synthetic) & by Region (Americas,
Europe, Asia-Pacific, Mea) - Global Forecasts to 2021
The iron oxide pigments market was valued at USD 1.78 Billion in
2015, and is expected to grow at a CAGR of 4.3% from 2016 to
2021
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3. The global iron oxide pigments market is expected to reach
USD 2.30 Billion by 2021, at a CAGR of 4.3% from 2016 to
2021. Increasing demand of iron oxide pigments from the
construction sector and rapid urbanization are factors
influencing the overall growth of the global iron oxide
pigments market.
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4. The synthetic iron oxide segment led the global iron oxide pigments market
The synthetic iron oxide segment accounted for the largest share of the global iron oxide
pigments market in 2014. These pigments are widely preferred over natural pigments, due
to their excellent quality and purity level. Synthetic iron oxide pigments are manufactured
mainly through different chemical processes, such as precipitation, calcination, laux, and
penniman. Although, natural iron oxide pigments constitute a smaller share of the market,
this segment is likely to grow at the highest CAGR during the forecast period, owing to
their abundance and low price.
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5. Polyamide is the fastest-growing resin type for rotogravure printing inks
Polyamide is the fastest-growing resin type of rotogravure printing inks, globally. This is
due to its effective properties such as good adhesion, high gloss, low freezing point, and
good solvent release. The key driver for the growth of polyamide is its increasing use in
the packaging application and the growing flexible packaging and the publication sectors
in the Asia-Pacific region.
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6. Construction is the major end user in the global iron oxide pigments market
The construction industry segment accounted for the largest share of the
global iron oxide pigments market in 2015. Increase in the number of
infrastructure projects in the emerging economies, such as China and India,
offers significant growth opportunities in the iron oxide pigments market.
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oxide-pigment-market-217794873.html
7. The Asia-Pacific region led the global iron oxide pigments market
The Asia-Pacific region led the global iron oxide pigments market in 2015. Product innovations
and new research & development projects as well as the increasing demand of iron oxide
pigments from the construction and coatings industries have fueled the growth of the iron
oxide pigments market in the Asia-Pacific region. The market in this region is projected to grow
at the highest CAGR between 2016 and 2021. Inorganic pigment manufacturers in Europe are
expanding their business in the Asia-Pacific region. Rising demand from end users and
investments made in the construction sector are additional factors propelling the growth of
the iron oxide pigments market in this region.
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8. Key players
Operating in the global iron oxide pigments market include Lanxess AG (Germany),
BASF SE (Germany), Huntsman Corporation (U.S.), E.I. Du Pont de Nemours and
Company (U.S.), Kronos Worldwide, Inc. (U.S.), Heubach GmbH (Germany), CATHAY
INDUSTRIES (U.S.), Hunan Three-ring Pigments Co., Ltd. (China), Tronox Ltd. (U.S.), and
Applied Minerals Inc. (U.S.).
The global iron oxide pigments market is segmented on the basis of color (red, yellow,
black, others), end user (construction, coatings, plastics, paper, others), type (synthetic,
natural), and region (Americas, Europe, Asia-Pacific, and Middle East & Africa).
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