30 nov
Synthetic Iron Oxide Pigments Market Size, Share, Trends, Industry Growth and Competitive Outlook
The global synthetic iron oxide pigments market is expected to see significant growth and a positive outlook in the coming years, with a forecasted value of USD 2449.43 million by 2029, compared to USD 1500 million in 2021. The market has been showing resilience and adaptability, despite the challenges posed by the Covid-19 pandemic. The impact of Covid-19 on the synthetic iron oxide pigments market was felt in 2020, with disruptions in the supply chain and manufacturing processes. However, as the world moves towards post-Covid recovery, the market is expected to bounce back strongly. Several factors are driving the growth of the synthetic iron oxide pigments market, including increasing demand from various end-use industries such as construction, paints and coatings, plastics, and ceramics. The rise in infrastructure projects globally, coupled with the growing construction sector, is fueling the demand for synthetic iron oxide pigments. Additionally, the trend towards sus...
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