| Connect Follow us on Twitter Like us on Facebook
About | Subscribe | Advertise


Download our free BWater Works Coating Systems eResource Book

Paint and Coatings Industry News

Main News Page

Innovative Pigments Drive Global Boom

Thursday, July 14, 2011

More items for Coating Materials

Comment | More

They reflect. They insulate. They self-clean and fight bacteria. And because they perform all these innovative functions and more, pigments will be in above-average demand worldwide in the next few years, according to a new market forecast.

The global pigment market will top $45 billion in revenues by 2018, led by exceptional growth rates of 3.6% to 4.4% in the fast-developing emerging markets of China, India, South America and the Middle East, Ceresana Research, a German-based industrial research firm, reports in Market Forecast: Pigments

 Pigment market forecast
Pigments are expected to be a $45 billion global market by 2018.

Not surprisingly, Asia-Pacific made up the largest pigment market area in 2010, generating about 45% of the global demand—a huge market influence that will continue to be felt over the next few years, the study says. North America and Western Europe were the next largest markets.

Beyond Color

Pigments have always been used primarily as colorants. In recent years, however, new technology has given them highly sought-after functional characteristics. In addition to higher color intensity and greater color variety, today’s pigments offer UV and antibacterial protection, self-clean, reflect infrared light and insulate.

Pigments are mainly used in well-established industries, such as paint, coatings and varnish and plastics production, and the construction industry has a strong impact on demand. Demand in individual countries typically follows overall economic development, Ceresana reports.

Focus on TiO2, Carbon Black

Titanium dioxide, the most common pigment used in coatings, will hold more than 60% of the global pigment market, Ceresana says. Coatings companies worldwide are scrambling to produce more TiO2 and find alternatives to the pigment. DuPont Chemical, the world’s largest producer of titanium dioxide, announced a comprehensive titanium dioxide expansion plan that will add about 771 million pounds of global capacity.

Iron oxides are used worldwide for construction materials, paints and varnishes, but are also gaining importance for other products. For example, pigments for the food and cosmetics industry will see considerably higher growth of 3.5% annually, Ceresana says.

Carbon Black pigments, used in a number of plastics, also represent a strong growth market worldwide, as many emerging countries increase their consumption of plastics.

The demand for different types of pigments in individual regions shows different developments, with iron oxides and organic pigments growing fastest in North America and Western Europe, and titanium dioxide and carbon black increasing significantly in other regions.

Producers Profiled

The report includes extensive profiles of the world’s 303 pigment producers, who include BASF, Clariant, Cristal Global, DuPont, Evonik Caron Black, Heubach, Huntsman International, Lanxess and KRONOS Worldwide.


Tagged categories: Coatings raw materials manufacturers; Color; Insulating coatings; Market forecasts; Pigments; Titanium dioxide

Comment Join the Conversation:

Sign in to our community to add your comments.

Polyval Coatings
Polyflex® Polyurea Linings

Polyflex™ new Polyurea Geotextile Membrane System has been specifically engineered to protect the environment in containment applications.

New resins from BASF will have metals loving water:

Excellent corrosion resistance, low VOC, high gloss, thin films

Sherwin-Williams Protective & Marine Coatings

With 4,000 distribution points and 3,700+ years of experience, Sherwin-Williams delivers the products, support and expertise you need, right where you need it.

Mitsubishi Gas Chemical America
Performance Amine 1,3-BAC

A highly reactive cycloaliphatic diamine offering superior performance. Reasonable cost and curing efficacy makes it suitable for all types of epoxy resin applications.

Wasser High-Tech Coatings Inc.
Wasser Coatings Protect

Wasser Coatings offer a complete range of Moisture Cure Urethane (NEPCOAT approved) systems in addition to Polyurea membranes and linings(NSF).

Carboline Company
Hydrocarbon Fire & Jet Fire Protection

Pyroclad X1 is the latest breakthrough in epoxy based intumescent fireproofing technology

Jessup Manufacturing Company
More Traction for Extreme Marine Conditions

Jessup Safety Track® 3800 Military Grade peel-and-stick non-skid tapes and treads provide extra slip resistance for decks. MIL-PRF-24467C Type XI, Black & Gray.

International Paint LLC

International Paint Engineered Coatings

Learn about our solutions for:
  • Structural Steel
  • Piping & Equipment
  • Storage Tanks
  • Pressure Vessels
  • Secondary Containment

    Chicago Corrosion Group
    Vendor-neutral corrosion consulting

    Give us a $1 and we’ll save you $10.
    For more information,
    call 877-516-9514

    Corrosion Probe, Inc.
    From Detection to Correction

    Corrosion Probe, Inc. has the Most Concrete Coatings Experience and Expertise. Contact us today at

    Technology Publishing

    The Technology Publishing Network

    The Journal of Protective Coatings & Linings (JPCL) PaintSquare
    Durability + Design Paint BidTracker

    EXPLORE:      JPCL   |   PaintSquare News   |   Interact   |   Buying Guides   |   Webinars   |   Resources   |   Classifieds
    REGISTER AND SUBSCRIBE:      Free PaintSquare Registration   |   Subscribe to JPCL   |   Subscribe to PaintSquare News
    MORE:      About   |   Privacy policy   |   Terms & conditions   |   Site Map   |   Search   |   Contact Us

    © Copyright 2000-2015, Technology Publishing / PaintSquare, All rights reserved
    2100 Wharton Street, Suite 310, Pittsburgh PA 15203-1951; Tel 1-412-431-8300; Fax 1-412-431-5428; E-mail