Iron Oxide Pigment Market growth driver analysis 2014 - 2024.

Iron oxide pigments market is categorized on the basis of type, color, end user, and geography. On the basis type, the market is divided into synthetic and natural. Synthetic segment is expected to hold a larger market share of iron oxide pigment owing to its preference due to properties like purity level and exceptional quality. Based on color, iron oxide pigment industry is divided into yellow, red, black, and others. Red color followed by black and yellow are in demand since they are used in combination for the production of the other colors.

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In terms of end user, iron oxide pigment market is bifurcated into plastics, paper, coating, construction, textile, and others. Costing segment is anticipated to lead the market of iron oxide pigment in the near future owing to extensive applications of iron oxide in industrial coating, automotive coating, wood coating, protective coating, interior & exterior coatings and others.

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.

The key players in iron oxide pigment industry include 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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