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Iron Oxide Pigments Market Foreseen to Grow Exponentially by 2025<br>
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Iron oxide Pigments Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025 ©2019 Transparency Market Research, All Rights Reserved
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Global Iron oxide Pigments Market: Snapshot Iron oxide pigments improve the physical and mechanical properties of substrates. They offer properties such as good color strength, heat & light stability, opacity, weather & chemical resistance, and durability to substrates. Iron oxide pigments provides colors to varieties of end user applications and are employed in numerous industries around the globe to provide permanent and stable coloring effects to the substrates. Pigments possess the ability to reflect or absorb light of specific wavelengths. This results in the appearance of colors. • View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved
Booming Construction Sector in Asia Pacific to Drive Demand for Iron Oxide Pigments • On the basis of geography, the Asia Pacific will lead in the iron oxide pigments market. • The region accounted for 43.5% of the market in 2017. In terms of end user, the construction sector will be the largest consumer of iron oxide pigments. • The construction industry is thriving all across the globe, and especially in emerging economies of Asia Pacific.
Growing Investments by Governments towards Infrastructure Development Fuelling Demand for Iron Oxide Pigments As per a TMR analyst, “the rise in the number of construction and infrastructure building activities worldwide, but especially in developing nations, is the primary reason fuelling the demand for iron oxide pigments. The increasing initiatives taken by governments in developing nations for urbanization is also benefitting the market for iron oxide pigments. The investments by governments towards infrastructure development will push the demand for iron oxide pigments. The demand for these pigments will also rise from the plastic industry. ©2019 Transparency Market Research, All Rights Reserved
Some of the key market players Lanxess AG, BASF SE, Huntsman Corporation. E.I. du Pont de Nemours and Company Heubach GmbH, Kronos Worldwide, Inc. Cathay Industries Hunan Three-ring Pigments Co., Ltd, Tronox Ltd. Applied Minerals Inc., ©2019 Transparency Market Research, All Rights Reserved
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