Iron oxides are chemical compounds composed of iron and oxygen. All together, there are sixteen known iron oxides and oxyhydroxides. Iron oxides are widely used as inexpensive, durable pigments in paints, coatings and colored concretes. Colors commonly available are in the "earthy" end of the yellow/orange/red/brown/black range.
Synthetic Iron Oxides have become increasingly important due to their pure hue, consistent properties, and tinting strength. Historically, the Iron Oxides market has grown at a 2%-4% per year growth rate. There have been cyclical ups and downs but over a long term, this rate holds true.
Synthetic Red Iron Oxide is a high tinting strength Pigment made by calcinations process. Synthetic Red Iron Oxide and Micronised for ease of dispersion.
Iron oxides find wide application in the construction industry both directly and indirectly. The construction industry segment accounted for the largest share of the global iron oxide pigments market. Increase in the number of infrastructure projects in the emerging economies, such as China and India, offers significant growth opportunities in the iron oxide pigments market. Thus, due to demand it is a good project for entrepreneurs to invest.
Few Indian Major Players are as under
· Anirox Pigments Ltd.
· Aquathane Chemicals Pvt. Ltd.
· Asahi Songwon Colors Ltd.
· Coltech Chemicals (India) Ltd.
· Hemani Industries Ltd.
· Heubach Toyo Colour Pvt. Ltd.
· Lona Industries Ltd.
· Mallak Oilchem Pvt. Ltd.