Inorganic Color Pigments Market Production Growth by Type forecast

 

Delayed Shipments from China Affect Business in U.S. Due to COVID-19 Outbreak

As the coronavirus (COVID-19) pandemic is subsiding in countries of Europe and certain states of the U.S., manufacturers are reopening their plants to resume business activities. For instance, Shepherd Color - a fourth-generation company dedicated to being a world-class producer of complex inorganic color pigments, is implementing work from home plans and is extending social distancing policies, while maintaining optimum production efficiencies during the pandemic. Companies in the inorganic color pigments market are following specifications stated as per federal and local authorities to reinforce safety precautions that involve guidelines about how to wear face coverings and hand-washing techniques.

Companies are performing daily health screenings and only essential employees are reporting to their positions. As such, delayed shipments and deliveries from China are affecting the business in U.S. and European countries. Since COVID-19 cases are increasing in certain states of the U.S., certain companies are limiting their production activities to contain the spread of the virus.

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These factors are likely to drive the inorganic color pigments market during the forecast period.

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Surface Treatments Help in Production of Aesthetically-pleasing and Improved Products

Surface treated pigments are being used to improve the quality of colorants, as most inorganic color pigments have a hydrophilic surface that leads to issues such as poor wettability and dispersibility. Hence, manufacturers in the inorganic color pigments market are conducting surface treatments to efficiently alter the chemical and physical properties of pigments. This helps food, construction materials, and other industrial manufacturers to achieve the desired functional and aesthetic appeal. As such, surface treatments are being extensively used to make material surfaces hydrophilic, hydrophobic, or lipophilic in the inorganic color pigments market.

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Advantageous benefits of surface treated inorganic color pigments bode well with end users, owing to its pros such as reduced absorption of dispersant and low oil absorption. As such, leading market players have an edge over emerging players in the field of surface treated inorganic color pigments.

Manufacturers in Asia Pacific Intensify Exports for U.S. and European Clients

Companies in the inorganic color pigments market are tapping into incremental opportunities in food products, pet food, and pharmaceutical products to broaden their revenue streams. As such, the market is predicted to surpass the US$ 10.1 Bn mark by 2030. Manufacturers in Asia Pacific are developing high quality and regulated inorganic color pigments that abide by the U.S. and E.C. (European Commission) specifications. In this way, manufacturers in Asia Pacific are increasing their sales through exports for the U.S. and Europe clients.

High purity and high dispersability of inorganic color pigments is highly preferred by food companies. On the other hand, companies in the inorganic color pigments market are increasing their production capabilities to manufacture colorants used in coated and compressed tablets. Soft and hard gelatin tablets are another key application for inorganic color pigments. Companies are increasing their focus in nutraceuticals and nail enamel products to capitalize on incremental opportunities.

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