Market Overview:
The global ultramarine pigments 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 ultramarine pigments in various applications, such as rubber & plastics, inks, paints & coatings, paper and cosmetics & personal care. In addition, the growing demand for ultramarine pigments from emerging economies is also contributing to the growth of this market. However, fluctuations in prices of raw materials used for manufacturing ultramarine pigments may restrain the growth of this market during the forecast period. On basis on type , laundry grade segment accounted largest share followed by industrial grade and cosmetics grade segments respectively . On basis on application , paints and coatings segment accounted largest share followed by rubber and plastics segment respectively .
Product Definition:
Ultramarine pigments are a type of blue pigment that is made from the mineral lapis lazuli. Ultramarine pigments have been used for centuries to produce a wide range of blues, and they continue to be popular today for their beautiful and intense color.
Laundry Grade:
Laundry grade is a product that is used in the textile industry for bleaching, dyeing, and printing. The growth factor in the market of Ultramarine pigments depends upon its usage by different end-users such as drapes & curtains manufacturers, bed linen producers and fabric suppliers among others.
Industrial Grade:
Industrial grade is a type of pigments that are used in paints and coatings, printing inks, plastics & rubber products and other industrial applications. They have high tinting strength which makes them suitable for use as colorants in the above-mentioned applications. Industrial grade pigments are manufactured using synthetic or artificial sources such as iron oxide ore or ferric chloride; whereas luxury grade pigments are derived from natural sources such as lapis lazuli.
Application Insights:
Rubber and plastics was the largest application segment in 2016, accounting for over 30% of the overall demand. The product is used as a colorant in manufacturing tires, which are subsequently sold globally. Rising automotive production across emerging economies such as India and China is expected to drive the segment further. In addition, increasing sales of electric vehicles (EV) are anticipated to augment market growth over the forecast period.
The paints and coatings industry has also been growing significantly since past few years owing to rising consumer preferences for decorative painting activities at home instead of visiting paint stores or specialty stores for purchasing these products. Ultramarine pigments are widely used in paints and coatings applications on account of their high color saturation along with brightness that makes them suitable for use on metal surfaces including automobiles, construction equipment & machinery parts among others.
Regional Analysis:
Asia Pacific was the largest market for ultra marine pigments, accounting for over 45% of the global volume in 2017. The region is expected to witness significant growth on account of rapid industrialization and growing demand from end-use industries such as packaging, automotive, construction and textile. Increasing consumer disposable income levels coupled with rising spending on luxury goods & cosmetics are projected to further fuel product demand in this region.
The U.S., being a major producer of rubber products across various applications has witnessed high product penetration over the years; however, it is anticipated that increasing use of these products will have a negative impact on tire performance due to exposure to Ultra Marine Pigment Yellow (UMPY) which causes degradation in rubber properties such as flexibility and durability thus affecting vehicle efficiency would result in declining UMPY consumption thereby impacting industry dynamics at large scale negatively.
Growth Factors:
- Increasing demand from the paints and coatings industry as a result of growing infrastructure development in emerging economies
- Rising demand for ultramarine pigments in the graphic arts and printing industries, owing to its superior color quality
- Growing use of ultramarine pigments in cosmetics and personal care products due to their blue coloring properties
- Increasing application scope of ultramarine pigments in plastics and rubber industries on account of their excellent weathering resistance properties
- Proliferation of nanotechnology-based products that offer better performance characteristics than conventional ultramarine pigments
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultramarine Pigments Market Research Report
By Type
Laundry Grade, Industrial Grade, Cosmetics Grade
By Application
Rubber & Plastics, Inks, Paints & Coatings, Paper, Cosmetics & Personal Care, Detergents
By Companies
Ferro, BASF, DIC, Venator Materials, Ultramarine & Pigments, Lapis Lazuli Pigments, Habich, R.S.Pigments, Dominion Colour, Ultramarines, Yipin Pigments
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Ultramarine Pigments Market Report Segments:
The global Ultramarine Pigments market is segmented on the basis of:
Types
Laundry Grade, Industrial Grade, Cosmetics Grade
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
Rubber & Plastics, Inks, Paints & Coatings, Paper, Cosmetics & Personal Care, Detergents
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:
- Ferro
- BASF
- DIC
- Venator Materials
- Ultramarine & Pigments
- Lapis Lazuli Pigments
- Habich
- R.S.Pigments
- Dominion Colour
- Ultramarines
- Yipin Pigments
Highlights of The Ultramarine Pigments 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:
- Laundry Grade
- Industrial Grade
- Cosmetics Grade
- By Application:
- Rubber & Plastics
- Inks
- Paints & Coatings
- Paper
- Cosmetics & Personal Care
- Detergents
- 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 Ultramarine Pigments 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.
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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?
Ultramarine pigments are a type of pigment that is made from the mineral ultramarine. Ultramarine pigments are used to create a blue or violet color in paint, paper, and other materials.
Some of the major players in the ultramarine pigments market are Ferro, BASF, DIC, Venator Materials, Ultramarine & Pigments, Lapis Lazuli Pigments, Habich, R.S.Pigments, Dominion Colour, Ultramarines, Yipin Pigments.
The ultramarine pigments market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultramarine Pigments 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. Ultramarine Pigments Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultramarine Pigments Market - Supply Chain
4.5. Global Ultramarine Pigments Market Forecast
4.5.1. Ultramarine Pigments Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultramarine Pigments Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultramarine Pigments Market Absolute $ Opportunity
5. Global Ultramarine Pigments 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. Ultramarine Pigments Market Size and Volume Forecast by Type
5.3.1. Laundry Grade
5.3.2. Industrial Grade
5.3.3. Cosmetics Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultramarine Pigments 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. Ultramarine Pigments Market Size and Volume Forecast by Application
6.3.1. Rubber & Plastics
6.3.2. Inks
6.3.3. Paints & Coatings
6.3.4. Paper
6.3.5. Cosmetics & Personal Care
6.3.6. Detergents
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultramarine Pigments 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. Ultramarine Pigments 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 Ultramarine Pigments 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. Ultramarine Pigments 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 Ultramarine Pigments Demand Share Forecast, 2019-2026
9. North America Ultramarine Pigments 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 Ultramarine Pigments 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 Ultramarine Pigments Market Size and Volume Forecast by Application
9.4.1. Rubber & Plastics
9.4.2. Inks
9.4.3. Paints & Coatings
9.4.4. Paper
9.4.5. Cosmetics & Personal Care
9.4.6. Detergents
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultramarine Pigments Market Size and Volume Forecast by Type
9.7.1. Laundry Grade
9.7.2. Industrial Grade
9.7.3. Cosmetics Grade
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 Ultramarine Pigments Demand Share Forecast, 2019-2026
10. Latin America Ultramarine Pigments 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 Ultramarine Pigments 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 Ultramarine Pigments Market Size and Volume Forecast by Application
10.4.1. Rubber & Plastics
10.4.2. Inks
10.4.3. Paints & Coatings
10.4.4. Paper
10.4.5. Cosmetics & Personal Care
10.4.6. Detergents
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultramarine Pigments Market Size and Volume Forecast by Type
10.7.1. Laundry Grade
10.7.2. Industrial Grade
10.7.3. Cosmetics Grade
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 Ultramarine Pigments Demand Share Forecast, 2019-2026
11. Europe Ultramarine Pigments 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 Ultramarine Pigments 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 Ultramarine Pigments Market Size and Volume Forecast by Application
11.4.1. Rubber & Plastics
11.4.2. Inks
11.4.3. Paints & Coatings
11.4.4. Paper
11.4.5. Cosmetics & Personal Care
11.4.6. Detergents
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultramarine Pigments Market Size and Volume Forecast by Type
11.7.1. Laundry Grade
11.7.2. Industrial Grade
11.7.3. Cosmtics Grade
11.8. Basis Point Share (BPS) 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 Ultramarine Pigments Demand Share, 2019-2026
12. Asia Pacific Ultramarine Pigments 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 Ultramarine Pigments 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 Ultramarine Pigments Market Size and Volume Forecast by Application
12.4.1. Rubber & Plastics
12.4.2. Inks
12.4.3. Paints & Coatings
12.4.4. Paper
12.4.5. Cosmetics & Personal Care
12.4.6. Detergents
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultramarine Pigments Market Size and Volume Forecast by Type
12.7.1. Laundry Grade
12.7.2. Industrial Grade
12.7.3. Cosmetics Grade
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 Ultramarine Pigments Demand Share, 2019-2026
13. Middle East & Africa Ultramarine Pigments 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 Ultramarine Pigments 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 Ultramarine Pigments Market Size and Volume Forecast by Application
13.4.1. Rubber & Plastics
13.4.2. Inks
13.4.3. Paints & Coatings
13.4.4. Paper
13.4.5. Cosmetics & Personal Care
13.4.6. Detergents
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultramarine Pigments Market Size and Volume Forecast by Type
13.7.1. Laundry Grade
13.7.2. Industrial Grade
13.7.3. Cosmetics Grade
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 Ultramarine Pigments Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ultramarine Pigments Market: Market Share Analysis
14.2. Ultramarine Pigments Distributors and Customers
14.3. Ultramarine Pigments Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ferro
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Venator Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ultramarine & Pigments
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Lapis Lazuli Pigments
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Habich
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. R.S.Pigments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Dominion Colour
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ultramarines
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Yipin Pigments
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