Iron Oxide Pigment Market Competitive Industry Scenario till 2027 |...

Iron Oxide Pigment Market Competitive Industry Scenario till 2027

Posted 2023-03-14 09:59:10

Growing demand in the painting, construction, and plastics industries is expected to drive the iron oxide pigment market together with favorable government regulations regarding environmentally friendly products with technological advances.

The global Iron Oxide Pigment Market is forecast to reach USD 2.60 Billion by 2027, according to a new report by Reports and Data. The nitrobenzene and cast iron are the raw materials used for manufacturing synthetic products. As an intermediate for the production of polishes, pesticides, dyes, solvents, anti-odorant agents, synthetic rubber, and lubricant, the scope of application for nitrobenzene is increasing in other industries, expected to increase the price of nitrobenzene for the production of iron oxide pigment. The pigments are naturally produced in types of ores like sienna, magnetite, goethite, ochre, umber, and hematite. They can also be produced synthetically by prime processes such as reduction of organic compounds by iron, iron compounds thermal deposition, and precipitation of iron salt. Large chemical manufacturers, including Lanxess and BASF SE, have changed their focus to using new technology to produce high-quality pigments by adopting acceptable standards. For creating different colors in both synthetic and natural goods, the element above is expected to have a positive impact on the businesses. Nevertheless, strict environmental regulations against synthetic Iron Oxide Pigment manufacturing and price volatility of raw materials are likely to affect the growth of the Iron Oxide Pigments Market during the review period.

Access Free sample PDF Copy of the Report: https://www.reportsanddata.com/sample-enquiry-form/3363

Top Lading Players: Jiangsu Yuxing Industry & Trade Co. Ltd., Kolorjet Chemicals Pvt. Ltd., Applied Minerals Inc., Hunan Three-Ring Pigments Co. Ltd., Huntsman Corporation, Titan Kogyo Ltd., Cathay Industries, LANXESS AG, BASF SE, and Kronos Worldwide, among others.

Some Key Highlights from the Report:

Based on the product, natural pigment generated a revenue of USD 0.82 billion in 2019. It projected to rise with a CAGR of 4.1% in the forecast period due to increasing technological advances, coupled with increased demand for environmentally friendly products.
The yellow color pigment expected to grow with a CAGR of 4.3% in the forecasted period, owing to all plastics engineering, including acrylonitrile butadiene styrene and polyamide.
The construction sector is the major contributor to the Iron Oxide Pigment Market. The construction area of the Asia Pacific region is the major shareholder of the market and held around 35.2% of the market in the year 2019, owing to the high demand for the product, particularly in concrete blocks.
The Asia Pacific dominated the market for Iron Oxide Pigment in 2019. The region's consistent focus on cost-effective and innovative procedures that are adopted in the area is driving the market. The Asia Pacific region held approximately 35.2% of the market, followed by Europe, which contains around 27.3% market in the year 2019.

To know more about the report@ https://www.reportsanddata.com/report-detail/iron-oxide-pigment-market

Segments covered in the report:

Product Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

Synthetic
Natural

Color Outlook (Volume, Kilotons; 2017-2027, Revenue, USD Billion; 2017-2027)

Red
Yellow
Black
Others

Application Outlook (Volume, Kilo Tons; 2017-2027) (Revenue, USD Billion; 2017-2027)

Construction
Coatings
Plastics
Paper
Others

Ask for Customize Research Report @ https://www.reportsanddata.com/request-customization-form/3363

Regional Outlook:

North America (U.S.A., Canada, Mexico)
Europe (Italy, U.K., Germany, France, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Questions Addressed in the Report:

What are the dominating factors that are influencing the growth of the industry?
In the forecast period, which market segment is expected to rise the most?
What are the risks and challenges that the industry is facing?
In the coming years, which area is projected to dominate the market?
Who are the major players in the market?
What kind of strategic business plans have they made?

Browse More Related Research Reports:

Perfluorooctanoic Acid (PFOA) Market https://www.reportsanddata.com/report-detail/perfluorooctanoic-acid-pfoa-market

Liquid Waste Management Market https://www.reportsanddata.com/report-detail/liquid-waste-management-market

In-Line Process Viscometer (ILPV) Market https://www.reportsanddata.com/report-detail/in-line-process-viscometer-ilpv-market

Lithium Cobalt Manganate Market https://www.reportsanddata.com/report-detail/lithium-cobalt-manganate-market

Pentane Market https://www.reportsanddata.com/report-detail/pentane-market

About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkedIn | Twitter | Blogs | Insights

Read the innovative blog at https://www.reportsanddata.com/blogs

Check out our upcoming research report at https://www.reportsanddata.com/upcoming-reports