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The future of the ultramarine pigment market looks promising with opportunities in the rubber and plastic, ink, paint and coating, paper, cosmetic and personal care, and detergent applications. The global ultramarine pigment market is expected to grow with a CAGR of 4%-5% from 2020 to 2025. The major drivers for this market are increase in the demand for consumer products such as personal care and home care and growth in the usage of ultramarine pigments for providing a distinctive finish on various applications.
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