Product Code: ETC089203 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India iron oxide pigments market import shipments demonstrated steady growth with a CAGR of 4.9% from 2020 to 2024. However, there was a slight decline in growth momentum between 2023 and 2024, showing a decrease of -0.8%. Overall, the market exhibited expansion with a slight slowdown towards the end of the period.
The India iron oxide pigments is expected to witness robust growth over the forecast period. This can be attributed to the increasing demand from coating, construction, plastics and other end-use industries like paper & printing. Rapid industrialization and urbanization coupled with rising awareness about sustainable building materials are some of the major factors driving this market???s growth in India.
Increased Demand for Construction Materials ??? With rapid urbanization and industrialization across India, there has been an increased demand for construction materials which include paints, coatings, plastic products etc., that require pigment formulations containing Iron Oxides. This has led to a surge in demand for these pigments within the country.Increasing Awareness Regarding Sustainable Building Materials - As awareness regarding environment protection increases in India so too does it become more important to use Eco-friendly building materials such as those made using Iron Oxide Pigment formulations instead of traditional ones such as lead or mercury based compounds. This factor is aiding further growth prospects of this particular industry within the country.
High Cost of Raw materials ??? One of the major challenges faced by producers operating within this space is that they have limited access to raw material sources due their high cost which makes it difficult for them to make profits while selling their products at competitive prices against international manufacturers who enjoy lower costs when sourcing their raw materials from abroad.
Some key players operating within India Iron oxide Pigment industry include Axim Minerals Pvt Ltd., Kiran Global Chems Limited, Riddhi Enterprises Pvt Ltd., Fine Organics Industries Pvt Ltd., Laxmi Minerals & Chemicals among others
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Iron oxide pigments Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Iron oxide pigments Market Revenues & Volume, 2021 & 2031F |
3.3 India Iron oxide pigments Market - Industry Life Cycle |
3.4 India Iron oxide pigments Market - Porter's Five Forces |
3.5 India Iron oxide pigments Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Iron oxide pigments Market Revenues & Volume Share, By Color, 2021 & 2031F |
3.7 India Iron oxide pigments Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 India Iron oxide pigments Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in India, leading to increased demand for iron oxide pigments in paints and coatings. |
4.2.2 Rising investments in infrastructure projects in India, driving the demand for iron oxide pigments for coloring concrete and tiles. |
4.2.3 Growing preference for eco-friendly and sustainable pigments, with iron oxide pigments being considered a viable option due to their non-toxic nature. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in the production of iron oxide pigments, impacting the overall cost of production. |
4.3.2 Stringent environmental regulations related to the disposal of waste from iron oxide pigment manufacturing processes. |
4.3.3 Intense competition from alternative pigments in the market, such as organic pigments, impacting the market share of iron oxide pigments. |
5 India Iron oxide pigments Market Trends |
6 India Iron oxide pigments Market, By Types |
6.1 India Iron oxide pigments Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Iron oxide pigments Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Iron oxide pigments Market Revenues & Volume, By Synthetic, 2021-2031F |
6.1.4 India Iron oxide pigments Market Revenues & Volume, By Natural, 2021-2031F |
6.2 India Iron oxide pigments Market, By Color |
6.2.1 Overview and Analysis |
6.2.2 India Iron oxide pigments Market Revenues & Volume, By Red, 2021-2031F |
6.2.3 India Iron oxide pigments Market Revenues & Volume, By Yellow, 2021-2031F |
6.2.4 India Iron oxide pigments Market Revenues & Volume, By Black, 2021-2031F |
6.2.5 India Iron oxide pigments Market Revenues & Volume, By Blends, 2021-2031F |
6.3 India Iron oxide pigments Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 India Iron oxide pigments Market Revenues & Volume, By Construction, 2021-2031F |
6.3.3 India Iron oxide pigments Market Revenues & Volume, By Coatings, 2021-2031F |
6.3.4 India Iron oxide pigments Market Revenues & Volume, By Plastics, 2021-2031F |
6.3.5 India Iron oxide pigments Market Revenues & Volume, By Paper, 2021-2031F |
6.3.6 India Iron oxide pigments Market Revenues & Volume, By Others, 2021-2031F |
7 India Iron oxide pigments Market Import-Export Trade Statistics |
7.1 India Iron oxide pigments Market Export to Major Countries |
7.2 India Iron oxide pigments Market Imports from Major Countries |
8 India Iron oxide pigments Market Key Performance Indicators |
8.1 Number of infrastructure projects using iron oxide pigments as a coloring agent. |
8.2 Adoption rate of iron oxide pigments in the construction and paint industries. |
8.3 Research and development investments in improving the quality and range of iron oxide pigments. |
9 India Iron oxide pigments Market - Opportunity Assessment |
9.1 India Iron oxide pigments Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Iron oxide pigments Market Opportunity Assessment, By Color, 2021 & 2031F |
9.3 India Iron oxide pigments Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 India Iron oxide pigments Market - Competitive Landscape |
10.1 India Iron oxide pigments Market Revenue Share, By Companies, 2024 |
10.2 India Iron oxide pigments Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |