Iron Oxide Pigment Industry Trends | Technology and Dynamics | Forecast To 2024
“Global Iron Oxide Pigment Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.�
Global Iron Oxide Pigment Market is estimated to grow considerably in the forecast period owing to the increase in demand from paint, plastic, and construction sectors. Iron Oxide Pigments (IOP) are the largely available colored inorganic pigments, which imply several applications. They are cost effective, non-toxic materials comprising oxyhydroxides and iron oxides. When iron oxides are granulated, they offer several benefits like color stability, resistance against weather, durability, compatibility with cement, and superior resistance to UV radiation. Iron oxide pigment market is driven by escalating demand from end user segments like cosmetics. Growing infrastructural activities worldwide in emerging economies are also stimulating the demand for iron oxide pigments, thereby encouraging the market growth of iron oxide pigment. Moreover, increasing drilling activities and growing demand from floating production storage and offshore rigs and offloading are predicted to accelerate the demand for iron oxide pigments. These pigments are widely used in lubricants and as catalysts in petroleum sector. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industryreports/iron-oxide-pigment-market/request-sample