Complex Inorganic Pigments Market will witness a rapid growth to 2025 Complex Inorganic Pigments Market

Complex Inorganic Pigments Market anticipated to witness healthy
CAGR over 2019-2025: Global Market Insights, Inc.
According to a new research report by the market research and strategy consulting
firm, Global Market Insights, Inc, Complex Inorganic Pigments Market size is rapidly
growing from 2019 to 2025 due to increasing demand for paint & coating products
across the globe. Complex inorganic pigments (CCIP) are extensively used to improve
key properties such as thermal stability, aesthetics, chemical resistance, durability,
etc. In the products where they are used. These pigments are used for paints &
coatings application in coils, plastic, construction materials, ceramic products, etc.
Organic pigments when used alone, do not provide a better cost to performance ratio.
Hence, complex inorganic pigments are used in combination with organic products to
provide color stability for a longer period of time. Growing construction industry is
primarily driving the paints & coatings demand across the world, which will further
enhance the CCIP demand in the upcoming years.
Another key growth enabling factor for the industry is increasing demand for high
performance pigments. These products are used over conventional products owing to
their superior characteristics including operational life, multi-use applications, high
light & heat resistance, etc. Increasing demand for these products in various end-user
industries will drive the complex inorganic pigments market in the upcoming years.
Although complex inorganic pigments are widely used in several end-user industries,
stringent government regulations related to the product may hamper industry growth
in the upcoming years. Government agencies such as United States Environmental
Protection Agency, ECHA, European Chemicals Agency, etc. Have provided
regulations regarding manufacture and disposal of ccips in order to reduce the
excessive exposure related to the product.
Complex inorganic pigments market has been segmented based on product, color,
application and region. On the basis of product, the market has been categorized into
cobalt-based CCIP, titanate-based CCIP, iron-based CCIP, nickle manganese-based
CCIP and chromium based CCIP. Cobalt-based complex inorganic pigments are
extensively used to provide protection against warpage in polyolefins.
On the basis of color, the complex inorganic pigments market has been categorized
into black, yellow, green, brown and others. Other colors include green, red, violet,
blue, etc. Black color complex inorganic pigments are extensively used in the
application of coil coatings, cookware coatings, ceramic, temperature resistant
coatings, etc.
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