Growth is expected to be fueled largely by developments in the paints, coatings and construction industries. According to the report, pigments are primarily used as colorants and are extensively utilized in the paint and coatings industries to impart color and finish, as well as to protect from weathering and corrosion. The global paint and coatings market size is forecast to expand at more than 3% CAGR; researchers found that positive growth in this industry will complement the pigment market. As such, both inorganic pigments and specialty and
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