18th 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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