Complex Inorganic Colour Pigments Global Market Size Foreca - Maharashtra - Navi Mumbai ID1549256

Product Definition:

Complex Inorganic Colour Pigments (CICP) is crystallized color compound in solid solution produced by the calcination of two or more kinds of metal oxides including, Co, Cr, Fe or such transition metal element(s) at a very high temperature. It is also called calcined pigment or mixed metal oxides (MMO). CICP has a stable crystalline structure of rutile or spinel which provides outstanding properties, particularly heat resistance, weatherability and chemical resistance. CICP is widely used as colorants for paints and coatings, plastics, glass, ceramics etc.

According to the new market research report “Global Complex Inorganic Colour Pigments Market Report 2023-2029”, published by QYResearch, the global Complex Inorganic Colour Pigments market size is projected to reach USD 0.9 billion by 2029, at a CAGR of 5.4% during the forecast period.

According to QYResearch Top Players Research Center, the global key manufacturers of Complex Inorganic Colour Pigments include The Shepherd Color Company, Heubach, TOMATEC, Hanil, Oxerra, Vibrantz, Asahi Kasei Kogyo, Fulln Chemical, Inco Industria Colori, Hunan Jufa Pigment, etc. In 2022, the global top 10 players had a share approximately 60.0% in terms of revenue.

Market Drivers:

Complex inorganic color pigments are highly engineered and exhibit superior performance characteristics such as high heat stability, lightfastness, weathering resistance, and chemical stability. These properties make them ideal for use in demanding applications such as automotive coatings, plastics, and construction materials.

Restraint:

Although complex inorganic color pigments offer a wide range of colors, there are limitations to the available color options compared to organic color pigments. This limited color range may restrict their application in certain industries or specific customer requirements.

Opportunity:

Consumers and regulatory bodies are becoming more concerned about the impact of pigments on the environment and human health. Complex inorganic color pigments are inorganic-based and less toxic than organic pigments, making them an attractive eco-friendly alternative for many applications.

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