According to a research report published by Spherical Insights & Consulting, the Global Complex Inorganic Color Pigments Market Size is Expected to Grow from USD 378.03 Million in 2023 to USD 508.70 Million by 2033, at a CAGR of 3.01% during the forecast period 2023-2033.

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Complex inorganic color pigments, based on oxide, sulfide, and silicate, are crucial for stable, innovative, and economical coatings. These crystallized spinel colors offer improved UV opacity, hiding power, and infrared reflectivity. They are created by blending steel oxides with easy chemical reactions like oxidation and excessive-temperature calcination. Inorganic shadeation pigments have high tinting strength, mild resistance, climate resistance, solvent resistance, antioxidant resistance, and warmth resistance. Complex inorganic color pigments are advanced materials used in industries like coatings, plastics, and ceramics due to their durability, heat resistance, and lightfastness. They are popular for their vibrant and stable coloration, making them essential in high-performance products like automotive coatings and ceramic glazes. The demand for heat, chemical, and climate resistance in various industries is increasing, leading to lucrative growth in the global complex inorganic color pigments market. The environmentally stable nature of complex inorganic color pigments is also attracting usage in surface treatments, such as automotive interiors and high-heat powder coatings. However, high production and raw material costs in the complex inorganic color pigments market, including metals, minerals, specialized equipment, and high energy consumption, limit affordability for smaller manufacturers.

Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Complex Inorganic Color Pigments Market Size, Share, and COVID-19 Impact Analysis, By Products (Cobalt-based, Titanate-based, Iron-based, Nickel Manganese-based, and Chromium-based), By Application (Paints & coatings, Glass, Concrete, Plastics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.         

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The cobalt-based segment is predicted to hold the largest market share through the forecast period.

Based on the products, the complex inorganic color pigments market is classified into cobalt-based, titanate-based, iron-based, nickel manganese-based, and chromium-based. Among these, the cobalt-based segment is predicted to hold the largest market share through the forecast period. It is anticipated that the cobalt-based category will continue to lead because of its remarkable dimensional stability and dispersion ease. Cobalt pigments are long-lasting, powdered, semi-transparent, moderately saturated, and non-staining. Their resistance to solvents and their ability to withstand heat and chemicals make them popular in silicone paints, powder coatings, and inks. It is anticipated that the demand for industrial and decorative paints will be driven by the housing and construction sectors.

The paints & coatings segment is anticipated to hold the largest market share during the projected timeframe. 

Based on the application, the complex inorganic color pigments market is divided into paints & coatings, glass, concrete, plastics, and others. Among these, the paints & coatings segment is anticipated to hold the largest market share during the projected timeframe. The paint industry depends on complex inorganic pigments because of their appealing look and color aesthetics, which improve durability, chemical resistance, thermal stability, and aesthetics.

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North America is estimated to hold the largest share of the complex inorganic color pigments market over the forecast period.

North America is estimated to hold the largest share of the complex inorganic color pigments market over the forecast period. The market’s increasing acceptance, especially in North America with its developed automotive and paints and coatings industries, is the main factor driving the need for complex inorganic color pigments. The post-Great Recession increase in the middle class has also spurred market growth, underscoring the area’s leadership in the paints and coatings sector.

Asia Pacific is predicted to have the fastest CAGR growth in the complex inorganic color pigments market over the forecast period. As a result of government initiatives, growing consumer demand for complex inorganic color pigments in paints and coatings, and the construction of glass infrastructure.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major key players in the complex inorganic color pigments market include BASF SE, Clariant, DCL Corporation, TATA PIGMENTS LIMITED, FERRO CORPORATION, Sun Chemical Limited, LANXESS, Heubach GmbH, Cabot Corporation, Carl Schlenk AG, CBC Co., Ltd., Dayglo Color Corporation, DyStar Singapore Pte Ltd, Ami Chemical Corporation, The Shepherd Color Company, and CATHAY INDUSTRIES, and Others.

Recent Development

• In June 2021, Shepherd Color Company revealed their new IR Reflective Green Pigment (Green 30C659) is available. This pigment, which is part of their Arctic IR Reflective pigment family, is perfect for use in cool coatings that help save energy because it is optimized for high Total Solar Reflectance (TSR).

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the complex inorganic color pigments market based on the below-mentioned segments:

Global Complex Inorganic Color Pigments Market, By Products

• Cobalt-based
• Titanate-based
• Iron-based
• Nickel Manganese-based
• Chromium-based

Global Complex Inorganic Color Pigments Market, By Application

• Paints & coatings
• Glass
• Concrete
• Plastics
• Others

Global Complex Inorganic Color Pigments Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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