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Global Iron Oxide Pigments Market to observe high growth by 2016-2024

Zion Market Research, the market research group announced the analysis report titled  ‘Iron Oxide Pigments Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024′

Global Iron Oxide Pigments Market: Overview

Tinting and coloring applications widely use iron oxide pigments as colorants. The primary end-user industry of the iron oxide pigments is the construction sector. This is followed by paints and coatings and plastics industry. Other applications include inks, ceramics, paper & pulp, and rubbers. There are various shades and colors of iron oxide pigments available in the market. The pigments are obtained naturally in forms of ores such as magnetite, sienna, goethite, hematite, ochre, and umber. They can also be obtained synthetically through prime processes such as organic compound reduction by iron, iron salt precipitation, and thermal deposition of iron compounds.

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Global Iron Oxide Pigments Market: Segmentation

The iron oxide pigments market is segmented globally into its color, end user, type, and region. On the basis of color, the global market is segregated into black, red, yellow, and others. Based on the end user, the market is categorized into paper, construction, plastics, coatings, and others. The different types of the iron oxide pigments include natural and synthetic. Region-wise, the global market is diversified into Europe, North America, Asia-Pacific, and Rest of the World.

Global Iron Oxide Pigments Market: Growth Factors

The rapid development of the industries such as building and construction and the paint and coating industry; the former due to the increasing industrialization and urbanization and the latter in the developing regions; is propelling the iron oxide pigments market. The pigments possess excellent properties such as opacity, stability, dispersibility, tinting strength, and consistency, thus driving the demand for the iron oxide pigments in different industries. Iron oxide pigment that is black in color is widely used in the construction sector, thus dominating the market. The red iron oxide pigment is used in the paint and coatings sector. The synthetic iron oxide segment contributed for the largest share in the global market. They are preferred more than natural pigments owing to its purity level and excellent quality. The construction industry is the major end-user industry that uses the iron oxide pigments widely.

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Global Iron Oxide Pigments Market: Regional Analysis

The region that dominates the iron oxide pigments market is Asia Pacific region. The factors that attribute this market growth include the innovations made in the product, the developments and the new research projects, the increasing demand from the construction and the paint and coatings sector are fuelling the market growth in the Asia-Pacific region. The other regions such as Europe and North America are also contributing a good share in the market growth. The inorganic pigment manufacturers are flourishing in the European market.

Global Iron Oxide Pigments Market: Competitive Players

The key market players in the iron oxide pigments market include Lanxess AG, Huntsman Corporation, Kronos Worldwide, Inc., Cathay Industries, Tronox Ltd., BASF SE, E.I. Du Pont de Nemours and Company, Heubach GmbH, Hunan Three-ring Pigments Co., Ltd., and Applied Minerals Inc.

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Iron Oxide Pigments Market by Geographical Analysis: North America( U.S.), Europe( UK, France, Germany), Asia-Pacific (China, Japan, India), Latin America( Brazil), Middle East and Africa

Our value reports provide full, in-depth analysis of the parent market including most significant changes in market dynamics; the report also presents a detailed overview on segmentation of this market. We managed to present as many important information in essential form – thanks to our report You will learn more about former, on-going, and projected market analysis in terms of volume and value, assessment of niche industry developments and Market share analysis. We have not forgotten to present key strategies for major players, emerging segments and regional markets and last but not least, testimonials to companies in order to fortify their foothold in the market.

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