Market Size of Cadmium Pigments Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.00 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Cadmium Pigments Market Analysis
The market for cadmium pigments is expected to grow at a CAGR of approximately 4% globally during the forecast period.
- Increasing usage of plastics and ceramics for various applications and growing demand for industrial paints are driving the market growth.
- Cadmium pigments result in health problems and the associated environmental concerns are expected to hinder the market growth.
Cadmium Pigments Industry Segmentation
The Cadmium Pigments Market report include:
Pigment Type | |
Cadmium Red | |
Cadmium Orange | |
Cadmium Yellow | |
Other Types |
Application | |
Plastics and Complex Polymers | |
Ceramics and Glass | |
Paints and Coatings | |
Rubber and Paper | |
Other Applications |
Geography | |||||||
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Cadmium Pigments Market Size Summary
The cadmium pigments market is poised for growth, driven by the increasing use of these pigments in plastics, ceramics, and industrial paints. These inorganic coloring agents are favored for their ability to provide vibrant colors such as yellow, orange, red, and maroon, along with their high opacity and tinting strength. Their properties, including thermal resistance and good resistance to alkalis, make them suitable for various industrial applications, including coatings for process chemical and steam pipes. Despite their advantages, the market faces challenges due to health and environmental concerns associated with cadmium pigments, which could potentially hinder growth.
The Asia-Pacific region is expected to lead the global cadmium pigments market, supported by the robust development of painting and coatings industries in countries like China, India, and Japan. The demand for high-temperature resistance plastics in developing countries further propels market expansion. Cadmium pigments are increasingly used in complex polymers such as high-density polyethylene and polycarbonates, known for their durability and chemical stability. Additionally, these pigments find applications in the rubber, paper, and ink industries. The market is partially consolidated, with key players like Huntsman Corporation and Johnson Matthey holding significant market shares.
Cadmium Pigments Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Increasing Usage of Plastics and Ceramics
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1.1.2 Growing Demand for Industrial Paints
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1.2 Restraints
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1.2.1 Associated Health Hazards
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION
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2.1 Pigment Type
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2.1.1 Cadmium Red
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2.1.2 Cadmium Orange
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2.1.3 Cadmium Yellow
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2.1.4 Other Types
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2.2 Application
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2.2.1 Plastics and Complex Polymers
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2.2.2 Ceramics and Glass
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2.2.3 Paints and Coatings
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2.2.4 Rubber and Paper
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2.2.5 Other Applications
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 France
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2.3.3.4 Italy
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2.3.3.5 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Cadmium Pigments Market Size FAQs
What is the current Cadmium Pigments Market size?
The Cadmium Pigments Market is projected to register a CAGR of less than 4% during the forecast period (2024-2029)
Who are the key players in Cadmium Pigments Market?
Huntsman Corporation , James M. Brown Ltd , Johnson Matthey , Hunan Jufa Technology Co. Ltd and Proquimac are the major companies operating in the Cadmium Pigments Market.