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Ultramarine Blue Market

Global Ultramarine Blue Market Size, Share, Trends, Analysis: By Product: Red Shade, Green Shade; By Application: Personal Care, Paper, Paint, Chemicals, Textile, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032

Global Ultramarine Blue Market Outlook

The global ultramarine blue market is being driven by the growing pigment market, which is expected to grow at a CAGR of 4% in the forecast period of 2024-2032.

 

Global Ultramarine Blue Market

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North America and the Asia Pacific to be the Significant Regional Markets for the Ultramarine Blue Industry

With rapid construction activities in North America and the Asia Pacific, the market for paint and coating applications is growing. This has led to the robust growth of the ultramarine blue industry in these regions. Moreover, due to the significant growth of the textile industry in the regions, the market for ultramarine blue is also expected to grow further in the coming years. Eastern Europe and the Middle East are also expected to see positive growth over the forecast period with major developments in the pigment industry. This further encourages the development of the overall ultramarine blue industry globally.

 

Ultramarine Blue: Market Segmentation

Ultramarine blue was known to have been extracted from an expensive mineral called lapis lazuli. Synthetically, ultramarine blue is acquired from sodium aluminium sulphosilicate. The presence of a sodium-silicate-containing sulphur complex helps make the ultramarine blue one of the most complex mineral pigments. Ultramarine blue is believed to be an ancient pigment in Egypt and is inorganic in nature.

 

Global Ultramarine Blue Market By Product

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By product, the market can be divided into the following segments:

  • Red Shade
  • Green Shade

Ultramarine blue finds wide applications in the following segments:

  • Personal Care
  • Paper
  • Paint
  • Chemicals
  • Textile
  • Others

The regional markets for ultramarine blue can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Ultramarine Blue Market By Region

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Growing Garment Industry Bolstering the Market Growth of Ultramarine Blue

Ultramarine blue finds a variety of uses in a wide range of industries. It is commonly used in the garment industry to brighten white clothes and to give the clothes a blue hue. It is also used as a brightening agent in the paints during whitewash because it does not fade under the sunlight, thus, is widely demanded. Due to its mechanical properties, ultramarine blue is used in the manufacturing of masterbatches, which are further used in the manufacture of fibres, film, and bottles, among others. Since it is inorganic in nature and has excellent wettability properties, ultramarine blue is also used in various types of inks. It is also used in the surface coating due to its reddish undertone, which is highly valued for use in tint and mass tone applications. Apart from the above-mentioned applications, it is also being used in the paper industry for the whitening of cellulose pulp and in the cosmetics industry due to its bright appearance and non-irritability properties. Thus, a wide variety of applications across various industries is driving the demand for the ultramarine blue and is aiding its market growth.

 

Key Industry Players in the Global Ultramarine Blue Market

The report gives a detailed analysis of the following key players in the global ultramarine blue market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Yipin USA Inc.
  • Vibfast Pigments Pvt. Ltd
  • Proquimac PFC, S.A.
  • Mad Oils, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Region
Breakup by Product
  • Red Shade
  • Green Shade
Breakup by Application
  • Personal Care
  • Paper
  • Paint
  • Chemicals
  • Textile
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Yipin USA Inc.
  • Vibfast Pigments Pvt. Ltd
  • Proquimac PFC, S.A.
  • Mad Oils, Inc.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Ultramarine Blue Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Ultramarine Blue Historical Market (2018-2023) 
    8.3    Global Ultramarine Blue Market Forecast (2024-2032)
    8.4    Global Ultramarine Blue Market by Product
        8.4.1    Red Shade
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Green Shade
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Ultramarine Blue Market by Application
        8.5.1    Personal Care
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Paper
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Paint
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Chemicals
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Textile
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Others
    8.6    Global Ultramarine Blue Market by Region       
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Ultramarine Blue Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Ultramarine Blue Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Ultramarine Blue  Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Ultramarine Blue Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa  Ultramarine Blue Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis

    16.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
    16.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17    Manufacturing Process
    17.1    Overview
    17.2    Detailed Process Flow
    17.3    Operation Involved
18    Competitive Landscape
    18.1    Market Structure
    18.2    Company Profiles
        18.2.1    Yipin USA Inc.
            18.2.1.1    Company Overview
            18.2.1.2    Product Portfolio
            18.2.1.3    Demographic Reach and Achievements
            18.2.1.4    Certifications
        18.2.2    Vibfast Pigments Pvt. Ltd
            18.2.2.1    Company Overview
            18.2.2.2    Product Portfolio
            18.2.2.3    Demographic Reach and Achievements
            18.2.2.4    Certifications
        18.2.3    Proquimac PFC, S.A.
            18.2.3.1    Company Overview
            18.2.3.2    Product Portfolio
            18.2.3.3    Demographic Reach and Achievements
            18.2.3.4    Certifications
        18.2.4    Mad Oils, Inc.
            18.2.4.1    Company Overview
            18.2.4.2    Product Portfolio
            18.2.4.3    Demographic Reach and Achievements
            18.2.4.4    Certifications
        18.2.5    Others
19    Key Trends and Developments in the Market


Additional Customisations Available

1    Project Requirements and Cost Analysis
    1.1    Land, Location, and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Raw Materials
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investments


List of Key Figures and Tables

1.    Global Ultramarine Blue Market: Key Industry Highlights, 2018 and 2032
2.    Global Ultramarine Blue Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Global Ultramarine Blue Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Global Ultramarine Blue Historical Market: Breakup by Application (USD Million), 2018-2023
5.    Global Ultramarine Blue Market Forecast: Breakup by Application (USD Million), 2024-2032
6.    Global Ultramarine Blue Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Ultramarine Blue Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Ultramarine Blue Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Ultramarine Blue Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Ultramarine Blue Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Ultramarine Blue Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Ultramarine Blue Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Ultramarine Blue Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Ultramarine Blue Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Ultramarine Blue Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Ultramarine Blue Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Ultramarine Blue Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    North America Historical Price Trends and Forecast 2018-2028
19.    Europe Historical Price Trends and Forecast 2018-2028
20.    Asia Pacific Historical Price Trends and Forecast 2018-2028
21.    Latin America Historical Price Trends and Forecast 2018-2028
22.    Middle East and Africa Historical Price Trends and Forecast 2018-2028
23.    Global Ultramarine Blue Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 4% between 2024 and 2032.

The major market drivers include the rising population, rapid urbanisation, the growing textile sector, and the rising demand for ultramarine blue from the garment and paper sectors.

The rising demand for pigments in various end-use sectors, the increasing use of ultramarine blue in manufacturing masterbatches, and the extensive applications of the product in inks are the key trends aiding the market demand.

The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading products in the market are red shade and green shade.

The various applications of ultramarine blue are personal care, paper, paint, chemicals, and textile, among others.

The major players in the market are Yipin USA Inc., Vibfast Pigments Pvt. Ltd, Proquimac PFC, S.A., and Mad Oils, Inc., among others.

Analyst Review

The global ultramarine blue market is being driven by the rising demand for pigments. Aided by the rising textile industry, the pigment market is expected to witness a moderate growth in the forecast period of 2024-2032, growing at a CAGR of 4%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the market is segmented into red shade and green shade. By application, the market is segmented into personal care, paper, paint, chemicals, and textile, among others. The major regional markets for ultramarine blue are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Yipin USA Inc., Vibfast Pigments Pvt. Ltd, Proquimac PFC, S.A., and Mad Oils, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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