North America Inorganic Colour Pigments Market to Grow with a CAGR of 4.75% through 2029
Expanding Industrial Activities and Technological
Advancements are factors driving the North America Inorganic Colour Pigments
market in the forecast period 2025-2029.
According to TechSci Research report, “North America Inorganic
Colour Pigments Market – Industry Size, Share,
Trends, Competition Forecast & Opportunities, 2019-2029F”, the North
America Inorganic Colour Pigments Market stood at USD 1.04 billion in 2023 and
is anticipated to grow with a CAGR of 4.75% in the forecast period, 2025-2029. Inorganic color pigments play a vital role across numerous industries, enriching products with vibrant hues and enhanced functionality that we encounter daily. From the bold shades of automotive coatings to the enduring colors found in construction materials, the inorganic color pigments market is constantly evolving and dynamic. In North America, this market is a crucial element within the broader pigments and dyes industry. Inorganic pigments, sourced from minerals and metallic compounds, distinguish themselves from organic alternatives. Common varieties include iron oxide, titanium dioxide, chromium oxide, and cadmium pigments. These pigments serve diverse sectors, including construction, automotive, packaging, textiles, plastics, and printing inks. The inorganic color pigments market is characterized by its dynamism and complexity, driven by the diverse requirements of sectors ranging from construction to automotive and packaging. As industries progress and consumers demand more sustainable and innovative solutions, the market is poised for further advancement and adaptation. Manufacturers operating in this sector must navigate challenges, embrace technological innovations, and remain responsive to shifting market dynamics to excel in this competitive environment.
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North America Inorganic Colour Pigments Market is
segmented into product, application, country, and company.
Based on product, the market is segmented to Iron Oxide, Carbon and Vegetable Black, Ultramarine Blue, Chrome Green, Others. Carbon and Vegetable Black dominated the market in 2023. This is described due to diverse
applications in food and beverage industries. Inorganic black pigments, derived
from minerals like iron oxide, are widely used to enhance the visual appeal of
food products, such as confectionery, beverages, and processed foods. These
pigments are preferred for their stability, safety, and regulatory compliance.
With increasing consumer demand for visually appealing and natural food
products, the Fruit and Vegetable Black segment experiences significant growth.
Moreover, the expanding processed food industry in North America, coupled with
the emphasis on clean labeling and natural ingredients, further propels the
dominance of this segment in the North America Inorganic Colour Pigments Market
Based on application, the market is segmented to Plastics, Paints & Coatings, Printing Inks, Others. Paints & Coatings dominated the market in 2023. This is described due to extensive use of
pigments to impart color, durability, and protection in various coatings
applications. Inorganic color pigments are favored for their stability and
resistance to environmental factors, making them ideal for coatings exposed to
harsh conditions. The thriving construction and automotive industries in North
America drive substantial demand for paints and coatings, consequently boosting
the market for inorganic color pigments. Moreover, stringent quality and
regulatory standards in these industries necessitate reliable and
high-performance pigments, reinforcing the preference for inorganic options.
The versatility of inorganic color pigments in achieving vivid and lasting
colors further solidifies their position in the dynamic and expanding Paints
& Coatings sector in the country.
Based on country, the market is segmented into United states, Canada and Mexico. United States dominated the market in 2023. United States’s construction sector, particularly in
China and India, is witnessing unprecedented growth. Inorganic colour pigments,
such as iron oxide pigments, are extensively used in colouring concrete,
bricks, and tiles. As the construction industry thrives, so does the demand for
inorganic colour pigments, which enhance both the aesthetic appeal and
longevity of building materials. These pigments are crucial in providing the vivid and
durable colours demanded by consumers. With the rise in disposable income and
an increasing affinity for customized and aesthetically pleasing vehicles, the
demand for inorganic colour pigments in automotive coatings is soaring.
Canada, on the other hand, is driving the North America inorganic
colour pigments market with a strong emphasis on sustainability. The region's
commitment to eco-friendly practices aligns with the production of sustainable
inorganic pigments. This trend is reshaping the market as consumers and
industries prioritize environmentally responsible pigment options, leading to
innovations in formulations and manufacturing processes.
Major companies operating in North
America Inorganic Colour Pigments Market are:
- Huntsman International LLC
- Venator Materials PLC
- Applied Minerals, Inc.
- CATHAY INDUSTRIES
- Lanxess AG
- BASF SE
- KRONOS Worldwide, Inc.
- Hunan Sanhuan Pigment Co., Ltd.
- Titan Kogyo, Ltd. (Titanium Industry
Co., Ltd.)
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“The North America
segment leads the Inorganic Colour Pigments Market due to several factors. The
region's advanced industrial infrastructure and technological capabilities
foster efficient production and distribution. Additionally, stringent
regulatory standards in North America drive the demand for high-quality,
compliant pigments, boosting market growth. The region's diverse manufacturing
sectors, including automotive, construction, and packaging, create substantial
demand for inorganic color pigments across various applications. Moreover, a
growing emphasis on sustainable and eco-friendly products aligns with the use
of inorganic pigments, as they are often more stable and durable. The presence
of key market players and ongoing research and development activities further
solidify North America's dominance, as they continuously introduce innovative
pigment solutions, meeting the evolving demands of diverse industries” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based
management consulting firm.
“North America Inorganic Colour Pigments Market By
Product (Iron Oxide, Carbon and Vegetable Black, Ultramarine Blue, Chrome
Green, Others), By Application (Plastics, Paints & Coatings, Printing Inks,
Others), By Country, Competition, Forecast & Opportunities, 2019-2029F, has evaluated
the future growth potential of North America Inorganic Colour Pigments Market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in North America Inorganic Colour Pigments
Market.
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