Categories: Chemicals

White Inorganic Pigments Market Forecast 2024-2033: Growth Rate, Drivers, And Trends

The white inorganic pigments market market size 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 growth in the forecast period can be attributed to architectural renovations and upgrades, environmental regulations, expanding packaging industry, consumer goods manufacturing, shift towards sustainable practices.. Major trends in the forecast period include rise in demand for white pigments in plastics industry, introduction of nanostructured white pigments, focus on specialty pigments for cosmetics, integration in advanced coating technologies, adoption in digital printing inks..

The growth of the global construction sector is expected to boost the growth of the white inorganic pigments market going forward. The construction industry refers to the industrial branch of manufacturing and trade-related activities, including building, repairing, renovating, and maintaining infrastructure. The white inorganic pigments are used in coating buildings and building materials to provide durability and appearance. For instance, in 2022, according to the U.S. Construction Cost Trends report, there is a rise in residential construction, which will continue to drive up demand for materials and labor, escalating competition and cost pressures. In the U.S., total construction spending has increased by 16% since the pandemic’s onset. Therefore, the growth of the global construction sector is driving the growth of the white inorganic pigments market.

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The white inorganic pigments market market covered in this report is segmented –

1) By Product Type: Aluminium 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

Product innovations are a key trend gaining popularity in the white inorganic pigments market. Major players in the white inorganic pigments market are developing low-abrasion pigments to provide a better alternative for pigments. For instance, in June 2022, Clariant AG, a Switzerland-based specialty chemicals company, launched the advanced Dispersogen Flex 100. It is the first universal polymeric dispersing agent for high-quality pigment preparations that can integrate organic and inorganic pigments and be utilized in all water-based paint systems. The product is generic, low-VOC, label-free, and has Clariant’s EcoTain label.

The white inorganic pigments market report table of contents includes: