Organic Pigments Market Revenue Share Analysis, Market Growth Forecast, 2021–2028

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The global organic pigments market size is expected to reach USD 6.10 Billion in 2028 and register a revenue CAGR of 4.9% over the forecast period

The global Organic Pigments Market research report published by Reports and Data is a comprehensive assessment of the Organic Pigments industry with regards to top companies in the market, market share, market size, regional bifurcation, and segments and sub-segments of the market. The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry. The report discusses in detail the key factors expected to drive and restrain market growth over the forecast period. Each chapter of the report has been formulated through extensive primary and secondary research to offer valuable and actionable insights into the global Organic Pigments market. The global organic pigments market size is expected to reach USD 6.10 Billion in 2028 and register a revenue CAGR of 4.9% over the forecast period, according to the latest report by Reports and Data. Market revenue growth is primarily driven by the increasing application of these pigments in inks, paints, plastics, and rubbers. Organic pigments are also extensively used as mass colorants in different sectors such as printing inks, paints coatings, plastic, and textile.

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Organic pigments refer to colored materials that are made of organic compounds with pigment properties. These pigments are resistant to sunlight, heat, acid, alkali, and organic solvents. These also have an excellent dispersion property, which, in turn, is set to drive demand among various end-use industries. Organic pigments have bright colors, high tinting strength, and dispersion property. The excellent performance offered by these pigments in terms of durability, color, mobility, and appropriate viscosity to inks is expected to boost revenue growth of the market during the forecast period. These are also gaining more popularity, owing to rising usage as coloring agents of synthetic fibers and plastics. Rising expenditure in infrastructure development and increasing constructional activities are propelling demand for paints coatings from the construction industry. Additionally, various manufacturers are increasingly investing in RD activities to offer a comprehensive range of high-quality organic pigments for applications such as printing inks, paints coatings, plastic, and textiles.

Market Overview:

The chemicals and materials industry produces a massive variety of products consumed by people across the world on a daily basis. While several products, namely detergents, perfumes, soaps, and others are bought directly by the consumers, the others are used as ingredients to make numerous products. For instance, in Europe, nearly 70% of the chemicals that are manufactured are used to make other products. The industry uses a wide range of raw materials ranging from oil, minerals, air, and others. With growing competition among industry players, innovation remains vital in discovering new paths to meet the needs of sophisticated, demanding, and environmentally conscious consumers. 

The competitiveness within the chemical industry and among the chemicals, the chemical industry spends large amounts on research, particularly in the highly industrialized countries, which will foster market size in the coming years.

Competitive Landscape:

Industry players in the Organic Pigments market are adopting the strategy of forwarding integration to cater to increasing product demand and to enhance their footprint in the global market.

This market report provides details of new recent developments, import-export analysis, trade regulations, production analysis, value chain optimization, market share, analyses opportunities in terms of emerging revenue pockets, the impact of domestic and localized market players, changes in the market, trends, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. The report offers insights into key factors influencing the revenue growth of the segment and provides information about lucrative investment opportunities to stakeholders, investors, and clients.

Regional Outlook:

North America is expected to dominate the global materials and chemicals market landscape during the forecast period owing to the strong presence of prominent industry players in this region. 

APAC is projected to be the fastest-growing Organic Pigments market globally. The increasing manufacturing and export over the past years have led several global leading companies to not only make huge investments in the region’s chemical sector but also set up their own manufacturing sites to increase their presence in this emerging market.

Top companies operating in the market and profiled in the report include:

 BASF SE, Clariant AG, DIC Corporation, Heubach GmbH, Sudarshan Chemical Industries, Ferro Corporation, Trust Chem, Toyocolor Co., Ltd., Huntsman Corporation, and The Dow Chemical Company.

Organic Pigments Market Segmentation:

The report segments the Organic Pigments markets on the basis of product types, end-use industries, technology, and region.

Type Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

  • Azo
  • Phthalocyanine
  • High Performance

Source Type Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

  • Natural
  • Synthetic

Application Outlook (Revenue, USD Billion; Volume, Kilo Tons, 2018-2028)

  • Printing Inks
  • Paints Coatings
  • Plastics

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