02.16.22
MarketsandMarkets’ report ,"White Inorganic Pigments Market by Product Type (Aluminum Silicate, Calcium Silicate, Calcium Carbonate, Silica, Titanium Dioxide, Zinc Oxide), Application and Region (North America, Europe, APAC, MEA, South America) - Global Forecast to 2026," estimates the size of the market at USD 22.7 billion in 2021, and projected to reach USD 29.5 billion by 2026, at a CAGR of 5.4%, between 2021 and 2026.
Growth in the white inorganic pigments market can primarily be attributed to the growing involvement of white inorganic pigments in the paints & coatings, adhesives & sealants, plastics, cosmetics, paper, inks, among others.
There is a continual demand from the construction, automotive and personal care industry as it helps in attaining high light scattering power, a high degree of hiding power, good tinting strength, a high degree of brightness, a negligible undertone (ideally none), and a high degree of whiteness are all required from white inorganic pigments. These are the key factors driving the demand for white inorganic pigments during the forecast period.
On the basis of product type, the market is segmented into aluminum silicate, calcium silicate, calcium carbonate, silica, titanium dioxide, zinc oxide, and others. The titanium dioxide segment led the product type segment of the market in terms of both value and volume
On the basis of application, the market is segmented into paints & coatings, adhesives & sealants, plastics, cosmetics, paper, inks, and others. The paints & coatings application segment led the market in terms of both value and volume.
Growth in the white inorganic pigments market can primarily be attributed to the growing involvement of white inorganic pigments in the paints & coatings, adhesives & sealants, plastics, cosmetics, paper, inks, among others.
There is a continual demand from the construction, automotive and personal care industry as it helps in attaining high light scattering power, a high degree of hiding power, good tinting strength, a high degree of brightness, a negligible undertone (ideally none), and a high degree of whiteness are all required from white inorganic pigments. These are the key factors driving the demand for white inorganic pigments during the forecast period.
On the basis of product type, the market is segmented into aluminum silicate, calcium silicate, calcium carbonate, silica, titanium dioxide, zinc oxide, and others. The titanium dioxide segment led the product type segment of the market in terms of both value and volume
On the basis of application, the market is segmented into paints & coatings, adhesives & sealants, plastics, cosmetics, paper, inks, and others. The paints & coatings application segment led the market in terms of both value and volume.