Industry Overview - The inorganic pigment market is primarily composed of inorganic compounds, including titanium dioxide, iron oxide pigments, chromium pigments, cadmium pigments, and metal oxide mixed-phase pigments [2][4] - Inorganic pigments are widely used in construction materials, plastics, rubber, coatings, paints, inks, and artistic fields [2] - The global inorganic pigment market is expected to exceed $30 billion by 2024, with the Asia-Pacific region holding a dominant position [2] - The market is projected to grow further, surpassing $40 billion by 2032 [2] Market Dynamics - In 2024, China's total production of titanium dioxide is expected to reach 4.8052 million tons, a year-on-year increase of 13.79% [2] - The total production of iron oxide pigments in China is projected to be 625,900 tons in 2024, reflecting a year-on-year growth of 6.21% [2] - The inorganic pigment industry is undergoing structural transformation driven by global industrial green transition and carbon neutrality goals [2] Future Trends - The growth logic of the industry is shifting from "quantity" to "quality," with environmental friendliness, functionality, and circularity becoming core competitive advantages for companies [2] - Traditional high-pollution and high-energy consumption production models are being disrupted by technological innovation and sustainable development [2] Related Companies - Listed companies in the inorganic pigment sector include KunCai Technology (603826), ShuangLe Co., Ltd. (301036), Longbai Group (002601), Zhongke Titanium White (002145), Jinpu Titanium Industry (000545), and Huiyun Titanium Industry (300891) [2] - Other relevant companies include Longbai Group Co., Ltd., ShuangLe Pigment Co., Ltd., and several others involved in the production and development of inorganic pigments [2]