Market Overview:
The global white pigment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for white pigments in paints & coatings, plastics, printing inks, construction materials and automotive applications. Inorganic pigments are expected to dominate the global white pigment market during the forecast period owing to their superior properties such as high brightness, purity and color stability. However, organic pigments are projected to witness higher growth rates due to their environmental friendly nature and growing demand from end-use industries.
Product Definition:
A white pigment is a substance that reflects light in all directions and appears white. It is used in paints, plastics, and other materials to make them lighter in color. White pigment is important because it helps create a wide range of colors and makes objects look brighter.
Inorganic Pigment:
Inorganic pigment is a type of dye which contains colorless or nearly colorless ingredients. In the majority of cases, inorganic pigments are lakes, especially those made from aluminum and calcium. The most common types of inorganic pigments are ferric oxide (Fe2O3), titanium dioxide (TiO2) and iron oxide green (Fe3O4).
Organic Pigment:
Organic pigments are colorants that are produced by chemical synthesis or biotechnology methods. Organic pigments can be natural as well as synthetic in nature and can be derived from minerals, plants, animals or bacteria. The most common organic pigment is probably carbon; the other important ones include iron oxide (Fe2O3), titanium dioxide (TiO2) and chromium(Cr3+) among others.
Application Insights:
Paints & coatings application segment led the global white pigment market in 2017, accounting for over 35.0% share of the overall revenue. Increasing construction activities in emerging economies including China and India is expected to drive product demand in this application segment over the forecast period.
The plastics industry also accounted for a significant share of the global white pigment market owing to increasing consumer preference for plastic products that are aesthetically appealing and lightweight. In addition, growing use of plastics as packaging materials is likely to propel their demand during the forecast period, which will further fuel product consumption during manufacturing processes.
White pigments are widely used in paints & coatings as they impart high brightness and opacity without affecting or changing color when applied on various substrates such as metal, wood or concrete surfaces respectively under different lighting conditions with time passage or change of seasons without undergoing any transformation process like aging etc.
Regional Analysis:
Europe accounted for the largest share of global market in 2017. The region is expected to maintain its dominance over the forecast period owing to growing construction and automotive industries. In addition, rising demand for luxury vehicles in countries such as Germany, France and Italy is anticipated to drive product demand across Europe during the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due high growth rate in several key economies such as China, India and Japan along with other Southeast Asian countries. Rapid industrialization coupled with government initiatives aimed at promoting investments through Public-Private Partnership (PPP) programs are some major factors driving industry expansion across this region over the coming years.
Growth Factors:
- Increasing demand from the packaging and printing industries as a result of growth in the global economy.
- Rising demand for white pigment in end-use applications such as coatings, plastics, and paper due to its properties such as brightness, opacity, and color strength.
- Growth of the construction industry worldwide which is expected to lead to an increase in demand for white pigment used in paints and coatings.
- Increasing awareness about the benefits of using white pigments among consumers which is likely to boost their demand over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
White Pigment Market Research Report
By Type
Inorganic Pigment, Organic Pigment, Specialty Pigment
By Application
Paints & Coatings, Plastics, Printing Inks, Construction Materials, Automotive, Others
By Companies
The Chemours Chemical Company, CRISTAL, Tronox Limited, Sudarshan Chemical Industries Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Gharda Chemicals Limited, Altana AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global White Pigment Market Report Segments:
The global White Pigment market is segmented on the basis of:
Types
Inorganic Pigment, Organic Pigment, Specialty Pigment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Paints & Coatings, Plastics, Printing Inks, Construction Materials, Automotive, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- The Chemours Chemical Company
- CRISTAL
- Tronox Limited
- Sudarshan Chemical Industries Limited
- BASF SE
- LANXESS
- Clariant International AG
- Ferro Corporation
- KRONOS Worldwide Inc.
- Sun Chemical Corporation
- Cathay Industries Group
- Heubach GmbH
- Gharda Chemicals Limited
- Altana AG
Highlights of The White Pigment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Inorganic Pigment
- Organic Pigment
- Specialty Pigment
- By Application:
- Paints & Coatings
- Plastics
- Printing Inks
- Construction Materials
- Automotive
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the White Pigment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
White pigment is a type of pigment that reflects light in the visible spectrum. White pigments are used to create colors such as white, light blue, and pale pink.
Some of the major players in the white pigment market are The Chemours Chemical Company, CRISTAL, Tronox Limited, Sudarshan Chemical Industries Limited, BASF SE, LANXESS, Clariant International AG, Ferro Corporation, KRONOS Worldwide Inc., Sun Chemical Corporation, Cathay Industries Group, Heubach GmbH, Gharda Chemicals Limited, Altana AG.
The white pigment market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 White Pigment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 White Pigment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 White Pigment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the White Pigment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global White Pigment Market Size & Forecast, 2020-2028
4.5.1 White Pigment Market Size and Y-o-Y Growth
4.5.2 White Pigment Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Inorganic Pigment
5.2.2 Organic Pigment
5.2.3 Specialty Pigment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Paints & Coatings
6.2.2 Plastics
6.2.3 Printing Inks
6.2.4 Construction Materials
6.2.5 Automotive
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global White Pigment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 White Pigment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Inorganic Pigment
9.6.2 Organic Pigment
9.6.3 Specialty Pigment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Paints & Coatings
9.10.2 Plastics
9.10.3 Printing Inks
9.10.4 Construction Materials
9.10.5 Automotive
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Inorganic Pigment
10.6.2 Organic Pigment
10.6.3 Specialty Pigment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Paints & Coatings
10.10.2 Plastics
10.10.3 Printing Inks
10.10.4 Construction Materials
10.10.5 Automotive
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Inorganic Pigment
11.6.2 Organic Pigment
11.6.3 Specialty Pigment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Paints & Coatings
11.10.2 Plastics
11.10.3 Printing Inks
11.10.4 Construction Materials
11.10.5 Automotive
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Inorganic Pigment
12.6.2 Organic Pigment
12.6.3 Specialty Pigment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Paints & Coatings
12.10.2 Plastics
12.10.3 Printing Inks
12.10.4 Construction Materials
12.10.5 Automotive
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Inorganic Pigment
13.6.2 Organic Pigment
13.6.3 Specialty Pigment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Paints & Coatings
13.10.2 Plastics
13.10.3 Printing Inks
13.10.4 Construction Materials
13.10.5 Automotive
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 White Pigment Market: Competitive Dashboard
14.2 Global White Pigment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 The Chemours Chemical Company
14.3.2 CRISTAL
14.3.3 Tronox Limited
14.3.4 Sudarshan Chemical Industries Limited
14.3.5 BASF SE
14.3.6 LANXESS
14.3.7 Clariant International AG
14.3.8 Ferro Corporation
14.3.9 KRONOS Worldwide Inc.
14.3.10 Sun Chemical Corporation
14.3.11 Cathay Industries Group
14.3.12 Heubach GmbH
14.3.13 Gharda Chemicals Limited
14.3.14 Altana AG
