8th February 2020 – The Iron Oxide Pigment Market report provides in-depth analysis and insights into developments impacting businesses and enterprises on global and regional level. The study covers the global Iron Oxide Pigment Market presentation regarding revenue contribution from multiple segments and covers a comprehensive analysis of key market trends, drivers, restraints, and opportunities influencing revenue growth of the industry. This research report studies the market size, industry status and forecast, competition landscape and growth opportunities.
Global Iron Oxide Pigment Market is estimated to grow considerably in the forecast period owing to the increase in demand from paint, plastic, and construction sectors. Iron Oxide Pigments (IOP) are the largely available colored inorganic pigments, which imply several applications. They are cost effective, non-toxic materials comprising oxyhydroxides and iron oxides. When iron oxides are granulated, they offer several benefits like color stability, resistance against weather, durability, compatibility with cement, and superior resistance to UV radiation.
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Iron oxide pigment market is driven by escalating demand from end user segments like cosmetics. Growing infrastructural activities worldwide in emerging economies are also stimulating the demand for iron oxide pigments, thereby encouraging the market growth of iron oxide pigment. Moreover, increasing drilling activities and growing demand from floating production storage and offshore rigs and offloading are predicted to accelerate the demand for iron oxide pigments. These pigments are widely used in lubricants and as catalysts in petroleum sector.
However, unstable exchange rates and prices of raw materials are projected to hamper iron oxide pigment industry. Also, significant cost of quality maintenance and development is challenging the market growth. The market is witnessing rising issues concerning wood landfills. Governments from different parts of the world are imposing stringent policies to reduce waste materials and prevent wood landfills. Hence, owing to the rise in wood recovery, wood coatings is predicted to increase.
Geographically, iron oxide pigments industry is segmented as North America Latin America, Europe, Asia Pacific and Middle East & Africa. Asia Pacific is expected to register significant growth in the coming years owing to rise in demand from coating & construction sectors, product modernizations and new research & development projects in the region.
Some of the major objectives of this report:
- To present detailed analysis of the market structure along with forecast of the various segments and sub-segments of global Iron Oxide Pigment Market.
- To provide insights about factors affecting the market growth. To analyze the Iron Oxide Pigment Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.
- To provide historical and forecast revenue of the Iron Oxide Pigment Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- Trace and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product evolutions, and research and developments in the Market.
- To present strategic profiling of key players in the market, comprehensively analyzing their basic capabilities.
Some of the Major Market Players Are:
Cathay Industries, BASF SE, Huntsman Corporation., Kronos Worldwide, Inc., E.I. du Pont de Nemours and Company, Tata Pigments Limited, Titan Kogyo, Ltd., Heubach GmbH, Tronox Ltd., Applied Minerals Inc., Lanxess AG, The Earth Pigments Company LLC., NUBIOLA, Hunan Three-ring Pigments Co., Ltd.
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