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  Market Synopsis According to Market Research Future (MRFR), the global  iron oxide pigments market size  are estimated to hold a substantial market value, thriving at a notable CAGR during the evaluation period. The flourishing building and construction industry majorly drive the demand for iron oxide pigments. The construction industry is expanding owing to the adoption of modern architecture and increased construction-specific initiatives taken by the government. Further, the growing paints and coatings industry is estimated to augment the global iron oxide pigments market on account of increased demand in various applications such as buildings, automobiles, and plastics, which is projected to escalate the demand for iron oxide pigments significantly in the forthcoming period. On the contrary, the imposition of strict rules and regulations against the manufacturing of synthetic iron oxide pigment and the fluctuating price of raw materials is likely to impede the growt...