Core Insights - The inorganic pigment market is expanding, with a projected global market size exceeding $30 billion by 2024 and expected to surpass $40 billion by 2032, driven by the Asia-Pacific region [1][2][9] - In China, titanium dioxide (TiO2) production is forecasted to reach 4.8052 million tons in 2024, marking a year-on-year increase of 13.79%, while iron oxide pigment production is expected to reach 625,900 tons, up 6.21% year-on-year [1][9][15] - The industry is undergoing structural transformation towards sustainability, with a shift from quantity to quality, emphasizing environmental friendliness, functionality, and recyclability as core competitive advantages [1][21] Inorganic Pigment Industry Overview - Inorganic pigments, including titanium dioxide, iron oxide pigments, chromium pigments, cadmium pigments, and metal oxide mixed-phase pigments, are widely used in construction materials, plastics, rubber, coatings, paints, and inks [1][2][9] - The global inorganic pigment market is primarily dominated by the Asia-Pacific region, which is expected to maintain its leading position [2][9] Titanium Dioxide Market - Titanium dioxide, the most widely used white pigment, accounts for approximately 80% of all white pigment consumption, with applications in coatings, plastics, paper, inks, and rubber [9][11] - In 2024, China's titanium dioxide exports are projected to reach 1.902 million tons, a year-on-year increase of 15.88%, with an export value of $4.18 billion, up 16.28% [13] - The coating industry is the largest consumer of titanium dioxide, accounting for over 90% of its usage in coatings [11][13] Iron Oxide Pigment Market - Iron oxide pigments are recognized for their stability, rich colors, and environmental characteristics, with China being a major producer and consumer [15][17] - In 2024, China's iron oxide pigment production is expected to reach 625,900 tons, reflecting a 6% year-on-year increase, while apparent consumption is projected to grow by 3.9% to 485,000 tons [15][17] - The coating industry dominates the consumption of iron oxide pigments, accounting for 44% of the market [17] Industry Trends - The inorganic pigment industry is experiencing a shift towards sustainable production methods, driven by global industrial green transformation and carbon neutrality goals [21] - Future growth will focus on quality improvements rather than quantity, with an emphasis on environmental sustainability and innovative technologies [21]
研判2025!中国无机颜料行业发展现状及未来趋势分析:在工业绿色转型与碳中和目标的驱动下,无机颜料行业正经历结构性变革[图]
Chan Ye Xin Xi Wang·2025-07-14 01:18