Wednesday, September 22, 2021

The Complex Inorganic Color Pigments Market will reach US $433.5 million by 2027, Says Global Market - GlobeNewswire

Last updated Wednesday, September 15, 2021 03:00 ET , Source: NewsService

Selbyville, Delaware, Sept. 15, 2021 (GLOBE NEWSWIRE) -- According to the report published by Global Market Insights Inc., the global Complex Inorganic Color Pigments Market was estimated at $337.4 million in 2020 and is slated to attain an annual valuation of over $433.5 million by 2027, registering a CAGR of 3.7% from 2021 to 2027. The report provides a comprehensive analysis of the market size & estimations, major drivers & opportunities, key pockets of investment, wavering market trends, best winning strategies, and insight into the competitive outlook.

The CICP market is slated to witness an upward growth trend between 2021 and 2027 led by the expansion of the construction sector. The rise in construction and infrastructure projects worldwide due to the growing urban population is augmenting the complex inorganic color pigments market share across paints & coatings, glass, and other sectors. Consistent demand across textiles, ceramic, printing ink, and paper manufacturing applications will also propel the industry forward during the forecast period.

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Nickel manganese-based CICP products are experiencing robust demand worldwide owing to superior characteristics such as high tinting strength, high opacity, and superior cooling. On top of this, these pigments exhibit exceptional colorfastness quality in polymers that lasts a lifetime. Nickel manganese-based CICPs will witness...

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