Market Overview:
The global synthetic iron oxide 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 synthetic iron oxide pigments from various end-use industries, such as construction, coatings, plastics, paper and others. In terms of type, red is expected to be the fastest-growing segment during the forecast period owing to its high demand in paints and coatings applications. Asia Pacific is estimated to be the fastest-growing region in terms of revenue during the forecast period owing to rapid industrialization and rising demand for synthetic iron oxide pigments from various end-use industries in this region. Some of the key players operating in this market are BASF SE (Germany), Huntsman Corporation (US), Clariant AG (Switzerland), Cabot Corporation (US) and Ferro Corporation (US).
Product Definition:
A synthetic iron oxide pigment is a man-made chemical compound created by heating iron ore in the presence of a reducing agent such as carbon. This process produces ferric oxide, which is then ground into a powder and used as a pigment in paints, plastics, and other products. Synthetic iron oxides are important because they are more durable than natural pigments and can be produced in any color.
Red:
Iron oxide pigments are widely used in paints and coatings, printing inks, plastics, rubber products and other industrial applications. The growing demand for these pigments from the above-mentioned industries is expected to drive market growth over the forecast period. Iron oxide pigments are manufactured using a variety of raw materials such as iron ore (Fe2O3), hematite (Fe2+3) or magnetite (Fe3O4).
Yellow:
The color known as yellow is a part of the spectrum between lemon and gold. It is a very warm color, similar to the color of butter or old gold. The reason why it is called “yellow” in English, whereas “golds” in other languages, is because it has an appearance similar to that of solid gold when exposed to light.
Application Insights:
The construction application segment led the global market in 2017 and is projected to witness significant growth over the forecast period. This can be attributed to increasing urbanization, which has resulted in an increased demand for residential and commercial buildings. Iron oxide pigments are used as fillers in concrete and mortar applications as they impart good coloring properties without affecting the structural strength of a structure.
Iron oxide pigments are also used extensively in road marking paint formulations due to their high visibility under UV light. Furthermore, these pigments provide anti-corrosion protection along with enhanced durability against weather conditions such as rainwater splashing & freezing temperatures that may damage other paints over time.
Regional Analysis:
Asia Pacific was the largest market for global synthetic iron oxide pigment, accounting for a share of over 35.0% in 2017. The growth is attributed to rising construction spending along with increasing investments in infrastructure development by China and India. In addition, growing industrialization coupled with rapid urbanization has resulted in an increased demand from the coatings industry which will further propel market growth over the forecast period.
Europe accounted for a significant share of global revenue due to stringent regulations implemented by governments across Europe regarding environment protection and safety of consumers pertaining to use of synthetic pigments that have compelled manufacturers operating within Europe's borders to utilize these products as alternatives owing to their superior properties such as low toxicity.
Growth Factors:
- Increasing demand from end-use industries such as construction, automotive and others
- Rising awareness about the benefits of using synthetic iron oxide pigments among consumers
- Growing investments by key players in research and development to develop new products
- Expansion of distribution channels by manufacturers to reach a wider customer base
- Emergence of new applications for synthetic iron oxide pigments in various end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Synthetic Iron Oxide Pigment Market Research Report
By Type
Red, Yellow, Black, Others
By Application
Construction, Coatings, Plastics, Paper, Others
By Companies
Applied Minerals Inc, LANXESS AG, Cathay Industries, Huntsman Corporation, Hunan Three-Ring Pigments Co. Ltd, Kronos Worldwide, BASF SE, Jiangsu Yuxing Industry & Trade Co., Ltd, Titan Kogyo, Ltd, Kolorjet Chemicals Pvt Ltd
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Synthetic Iron Oxide Pigment Market Report Segments:
The global Synthetic Iron Oxide Pigment market is segmented on the basis of:
Types
Red, Yellow, Black, Others
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
Construction, Coatings, Plastics, Paper, 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:
- Applied Minerals Inc
- LANXESS AG
- Cathay Industries
- Huntsman Corporation
- Hunan Three-Ring Pigments Co. Ltd
- Kronos Worldwide
- BASF SE
- Jiangsu Yuxing Industry & Trade Co., Ltd
- Titan Kogyo, Ltd
- Kolorjet Chemicals Pvt Ltd
Highlights of The Synthetic Iron Oxide 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:
- Red
- Yellow
- Black
- Others
- By Application:
- Construction
- Coatings
- Plastics
- Paper
- 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 Synthetic Iron Oxide 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Synthetic iron oxide pigment is a man-made colorant that is used in paints, plastics, and other products. It is made from a compound called ferric oxide, which is found in the earth's crust.
Some of the major players in the synthetic iron oxide pigment market are Applied Minerals Inc, LANXESS AG, Cathay Industries, Huntsman Corporation, Hunan Three-Ring Pigments Co. Ltd, Kronos Worldwide, BASF SE, Jiangsu Yuxing Industry & Trade Co., Ltd, Titan Kogyo, Ltd, Kolorjet Chemicals Pvt Ltd.
The synthetic iron oxide pigment market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Synthetic Iron Oxide Pigment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Synthetic Iron Oxide Pigment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Synthetic Iron Oxide Pigment Market - Supply Chain
4.5. Global Synthetic Iron Oxide Pigment Market Forecast
4.5.1. Synthetic Iron Oxide Pigment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Synthetic Iron Oxide Pigment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Synthetic Iron Oxide Pigment Market Absolute $ Opportunity
5. Global Synthetic Iron Oxide Pigment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
5.3.1. Red
5.3.2. Yellow
5.3.3. Black
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Synthetic Iron Oxide Pigment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
6.3.1. Construction
6.3.2. Coatings
6.3.3. Plastics
6.3.4. Paper
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Synthetic Iron Oxide Pigment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Synthetic Iron Oxide Pigment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Synthetic Iron Oxide Pigment Demand Share Forecast, 2019-2026
9. North America Synthetic Iron Oxide Pigment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
9.4.1. Construction
9.4.2. Coatings
9.4.3. Plastics
9.4.4. Paper
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
9.7.1. Red
9.7.2. Yellow
9.7.3. Black
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Synthetic Iron Oxide Pigment Demand Share Forecast, 2019-2026
10. Latin America Synthetic Iron Oxide Pigment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
10.4.1. Construction
10.4.2. Coatings
10.4.3. Plastics
10.4.4. Paper
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
10.7.1. Red
10.7.2. Yellow
10.7.3. Black
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Synthetic Iron Oxide Pigment Demand Share Forecast, 2019-2026
11. Europe Synthetic Iron Oxide Pigment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
11.4.1. Construction
11.4.2. Coatings
11.4.3. Plastics
11.4.4. Paper
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
11.7.1. Red
11.7.2. Yellow
11.7.3. Black
11.7.4. Others
11.8. Basis Point Share (BS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Synthetic Iron Oxide Pigment Demand Share, 2019-2026
12. Asia Pacific Synthetic Iron Oxide Pigment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
12.4.1. Construction
12.4.2. Coatings
12.4.3. Plastics
12.4.4. Paper
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
12.7.1. Red
12.7.2. Yellow
12.7.3. Black
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Synthetic Iron Oxide Pigment Demand Share, 2019-2026
13. Middle East & Africa Synthetic Iron Oxide Pigment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Synthetic Iron Oxide Pigment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Application
13.4.1. Construction
13.4.2. Coatings
13.4.3. Plastics
13.4.4. Paper
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Synthetic Iron Oxide Pigment Market Size and Volume Forecast by Type
13.7.1. Red
13.7.2. Yellow
13.7.3. Black
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Synthetic Iron Oxide Pigment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Synthetic Iron Oxide Pigment Market: Market Share Analysis
14.2. Synthetic Iron Oxide Pigment Distributors and Customers
14.3. Synthetic Iron Oxide Pigment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Applied Minerals Inc
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LANXESS AG
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Cathay Industries
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Huntsman Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hunan Three-Ring Pigments Co. Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kronos Worldwide
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BASF SE
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Jiangsu Yuxing Industry & Trade Co., Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Titan Kogyo, Ltd
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kolorjet Chemicals Pvt Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook