• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • English
    Chinese
    French
    Japanese
    Korean
    German
    Spanish

    Paint Pigments Market Share

    ID: MRFR/CnM/1159-HCR
    146 Pages
    Anshula Mandaokar
    October 2025

    Paint Pigments Market Research Report, By Forms (Liquid and Powder), by Mixture (Solvent, Binder and Pigment), By Application (Residential Coating, Architectural Products, Industrial Coatings (Automotive, Consumer Products, and Aerospace), Specialty Coatings and Others) - Forecast To 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    Paint Pigments Market Infographic
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    Market Share

    Paint Pigments Market Share Analysis

    In the paint pigment market, which constitutes a vital sector of the coatings and pigments industry, the market share positioning strategies are implemented with the purpose of building a strong position considering that a competitive environment. The keystone plan is illustrated by the fact that we will promote the high level of effectiveness and wide range of applications of paint pigments used in various realms. Companies in this subcategory of industry bring into player the special characteristics of paint pigments like their color fastness, durability in accordance with the standard and UV resistance, which in turn is most essential in the formulation of best quality paints and coatings. Technological progress and innovation contribute in a significant way in staking out a niche position in the Paint Pigments market. Companies spend substantial sums on research & development to strengthen the level of performance of these paint pigments, and expand the color range, and enhance their ecological sustainability. Jan Abjans may also involve developing of new colorants as it is related to the development of advanced pigments and improvement of pigment dispersion which is relevant to the environmentally friendly pigments with less environmental effects. Companies that never stand behind and are always in the technological wavefront not only meet the growing requirements of the customers but also are considered leaders that offer the latest solutions and hence showing a tendency to increase their sales. Establishing strategic linkups and partnerships with important key players in respective markets for instance paint companies, architectural firms, and automotive companies will form another useful strategy. The formation of partnerships enables companies to share their resources, to access combined knowledge, and to jointly tackle the underlying issues and complexities encountered on the path of offering paint pigment solutions. The collaborations, in essence, not only contribute to the development of industry standards but also greet the appearances of market forefronts to influence and foresee the market in the future. Companies achieve it through concerted efforts, which hence increase stratification in the market and make them gain the edge over other companies in the market with elevated market share. Sustainability strategies and eco-friendly practices are not only a necessary element for market share-building in the Paint Pigments market but also an important component for earning a reputation as a sustainable and environmentally friendly company. Businesses that select the suppliers based on their green sourcing, production, and waste recovery methods, and follow the same principles themselves engage environmentally conscious consumers and businesses. This tactic coincides with a growing demand for sustainability globally and allows companies to appear as responsible leaders at the helm of their industries when it comes to growing and expanding market share and other aspects, as well. Marketing of paint pigments and communication about it of their benefits may be one of the most important factors determining manufacturers' share in the market. The companies which are in the race of many firms, making people realize why their product stands out in terms of color choices, longevity, and small environmental imprint can separate themselves from their competitors. Establish a strong brand identity through its reliability, versatility, understandability, and by building consumers trust and loyalty, thus generating a market share growth.

    Market Summary

    As per Market Research Future Analysis, the Paint Pigments Market was valued at USD 28.44 Billion in 2022 and is projected to grow from USD 28.62 Billion in 2023 to USD 43.2 Billion by 2032, with a CAGR of 5.3% during the forecast period (2023 - 2032). The growth is driven by increased infrastructure spending and a booming paint and coating market, providing opportunities for manufacturers. Notable partnerships, such as Brilliant Group, Inc. with Terra Firma, and acquisitions like Heritage Color Companies with Reitech Corporation, highlight the dynamic nature of the market. Asia-Pacific is anticipated to be the fastest-growing and largest market, with significant contributions from China, while North America and Europe follow in market size.

    Key Market Trends & Highlights

    Key trends shaping the Paint Pigments Market include strategic partnerships, acquisitions, and regional growth dynamics.

    • Asia-Pacific is expected to be the largest market for paint pigments, driven by China's contributions.
    • Brilliant Group, Inc. partnered with Terra Firma in February 2023 to enhance pigment distribution.
    • Heritage Color Companies acquired Reitech Corporation in February 2023, expanding their product offerings.
    • BASF Coatings expanded its production capacity in South China to 30,000 metric tonnes per year.

    Market Size & Forecast

    2022 Market Size USD 28.44 Billion
    2023 Market Size USD 28.62 Billion
    2032 Market Size USD 43.2 Billion
    CAGR 5.3% (2023 - 2032)
    Largest Regional Market Asia-Pacific.

    Major Players

    Key players include BASF SE, Dow Chemical Company, Huntsman Corporation, Nippon Kayaku Company, Cabot Corporation, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, Ei Dupont De Nemours, and Dic Corporation.

    Market Trends

    The global paint pigments market is poised for growth as industries increasingly prioritize sustainability and eco-friendly formulations, reflecting a broader trend towards environmentally responsible manufacturing practices.

    U.S. Environmental Protection Agency (EPA)

    Paint Pigments Market Market Drivers

    Market Growth Projections

    Rising Demand for Eco-Friendly Pigments

    The Global Paint Pigments Market Industry is experiencing a notable shift towards eco-friendly and sustainable pigments. This trend is driven by increasing environmental regulations and consumer preferences for non-toxic products. For instance, the demand for organic pigments has surged, as they are derived from natural sources and are less harmful to the environment. This shift is expected to contribute to the market's growth, with projections indicating a market value of 28.9 USD Billion in 2024. As manufacturers adapt to these preferences, the emphasis on sustainability is likely to shape product development and innovation in the coming years.

    Market Dynamics and Competitive Landscape

    The Global Paint Pigments Market Industry is characterized by dynamic market forces and a competitive landscape. Key players are increasingly focusing on mergers, acquisitions, and strategic partnerships to enhance their market presence and expand product offerings. This competitive environment fosters innovation and drives the development of new pigment technologies. Additionally, regional players are emerging, contributing to market diversification and localized solutions. As the industry evolves, understanding these dynamics becomes crucial for stakeholders aiming to navigate the complexities of the market effectively. The interplay of competition and collaboration is likely to shape future trends.

    Increasing Application in Decorative Coatings

    The Global Paint Pigments Market Industry is witnessing a surge in demand for decorative coatings across various sectors, including residential, commercial, and industrial applications. Decorative coatings not only enhance aesthetic appeal but also provide protective qualities, such as corrosion resistance and durability. This growing trend is supported by the rising disposable income and changing consumer preferences for home improvement and interior design. As a result, the market is poised for growth, with projections indicating a substantial increase in value over the next decade. The emphasis on decorative applications is likely to drive innovation in pigment formulations.

    Growth in Construction and Automotive Industries

    The Global Paint Pigments Market Industry is significantly influenced by the expansion of the construction and automotive sectors. As urbanization accelerates, the demand for high-quality paints and coatings in residential and commercial buildings increases. Similarly, the automotive industry is witnessing a resurgence, with manufacturers seeking innovative pigments for vehicle aesthetics and durability. This growth is reflected in the projected increase in market value to 50.4 USD Billion by 2035. The synergy between these industries and paint pigments is likely to drive sustained demand, fostering advancements in pigment technology and application.

    Technological Advancements in Pigment Production

    Technological innovations in pigment production are reshaping the Global Paint Pigments Market Industry. Advances in manufacturing processes, such as nanotechnology and digital printing, enhance the quality and performance of pigments. These innovations allow for the creation of pigments with improved color strength, stability, and environmental resistance. As a result, manufacturers can offer a wider range of products that meet diverse customer needs. The ongoing investment in research and development is expected to propel the market forward, aligning with the anticipated CAGR of 5.21% from 2025 to 2035, thereby fostering a competitive landscape.

    Market Segment Insights

    Regional Insights

    Key Companies in the Paint Pigments Market market include

    Industry Developments

    Future Outlook

    Paint Pigments Market Future Outlook

    The Global Paint Pigments Market is projected to grow at a 5.21% CAGR from 2024 to 2035, driven by increasing demand in construction, automotive, and consumer goods sectors.

    New opportunities lie in:

    • Invest in eco-friendly pigment technologies to meet sustainability demands.
    • Expand product lines to include specialty pigments for niche applications.
    • Leverage digital marketing strategies to enhance customer engagement and brand loyalty.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and technological advancements.

    Market Segmentation

    Market Segmentation

    Target Audience
    • Manufactures of end-use industry
    • Raw material Suppliers
    • Aftermarket suppliers
    • Research Institute / Education Institute
    • Potential Investors
    • Key executive (CEO and COO) and strategy growth manager
    Company Information
    • Profiling of 10 key  market players
    • In-depth analysis including SWOT analysis, and strategy  information of related to report title
    • Competitive landscape including emerging trends adopted by major companies
    Geographic Analysis
    • Geographical analysis across 20 countries
    Additional Information
    • Regulatory Landscape
    • Pricing Analysis
    • Macroeconomic Indicators

    Report Scope

    {"0"=>{"market_size"=>"2030: Significant value"}, "1"=>{"cagr"=>"4.8 %(2022–2030)"}, "2"=>{"base_year"=>"2021"}, "3"=>{"forecast_period"=>"2022-2030"}, "4"=>{"historical_data"=>"2019 & 2020"}, "5"=>{"forecast_units"=>" Value (USD Million)"}, "6"=>{"report_coverage"=>"Revenue Forecast, Competitive Landscape, Growth Factors, and Trends"}, "7"=>{"segments_covered"=>"By Forms, By Mixture, By Application"}, "8"=>{"geographies_covered"=>"North America, Europe, Asia-Pacific, and Rest of the World (RoW)"}, "9"=>{"key_vendors"=>"BASF SE, Dow Chemical Company, Huntsman Corporation, Nippon Kayaku Company, Cabot Corporation, Clariant, Sensient Technologies, Synthesia, Shanghai Road Dyestuffs & Chemicals, Evonik Degussa, Ei Dupont De Nemours, Dic Corporation"}, "10"=>{"key_market_opportunities"=>"The paint & coating market is boosting the overall market which in turn has created a platform for paint pigment manufacturers."}, "11"=>{"key_market_drivers"=>"Infrastructure spending is likely to boost paint pigments market during the forecast period. "}}

    Market Highlights

    Author

    Anshula Mandaokar
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

    Leave a Comment

    Latest Comments

    John Doe
    john@example.com

    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
    Jane Smith
    jane@domain.com

    Thanks for sharing this. I’ve bookmarked it for later reference.

    Posted on July 22, 2025, 7:45 PM

    FAQs

    Which industry is boosting the paint pigments market?

    The paint & coating industry to boost the paint pigments market.

    What will be the paint pigments market CAGR during the forecast period of 2018 to 2023?

    The paint pigments market CAGR will be 4.8% during the forecast period.

    Which region is expected to top the global paint pigments market?

    Asia Pacific to dominate the global paint pigments market.

    Name the players recorded in the paint pigments market report.

    Players included in the paint pigments market are Dow Chemical Company, Huntsman Corporation, BASF SE, Cabot Corporation, Nippon Kayaku Company, Sensient Technologies, Ei Dupont De Nemours, Synthesia, Clariant, Evonik Degussa, Shanghai Road Dyestuffs & Chemicals, Dic Corporation, and others.

    What are forms discussed in the paint pigments market report?

    The forms discussed in the paint pigments market report are liquid and powder.

    1. Table of Contents
    2. 1          Report Prologue         
    3. 2          Introduction    
      1.           Definition             
      2.           Scope of the Study            
        1.       Research Objective            
        2.       Assumptions       
        3.       Limitations           
      3.           Market Structure
    4. 3          Research Methodology           
      1.           Research Process              
      2.           Primary Research               
      3.           Secondary Research          
      4.           Market Size Estimation    
      5.           Forecast Model  
    5. 4          Market Dynamics       
      1.           Introduction         
      2.           Growth Drivers                    
      3.           Restraints                            
      4.           Mega Trends       
      5.           Macroeconomic Indicators              
    6. 5          Market Factor Analysis          
      1.           Porter's 5 Forces Analysis 
        1.       Threat Of New Entrants     
        2.       Bargaining Power Of Suppliers        
        3.       Bargaining Power Of Buyers             
        4.       Threat Of Substitute           
        5.       Segment Rivalry  
      2.           Value Chain Analysis         
    7. 6          Global Paint Pigments Market, By Form        
      1.           Introduction         
      2.           Market Size (Sub Segments)           
        1.       Liquid                    
        2.       Powder
    8. 7          Global Paint Pigments Market, By Mixture    
      1.           Introduction         
      2.           Market Size (Sub Segments)           
        1.       Solvent                 
        2.       Binder
        3.       Pigment
    9. 8          Global Paint Pigments Market, By Application           
      1.           Introduction         
      2.           Market Size (Sub Segments)           
        1.       Residential coating
        2.       Architectural products       
        3.       Industrial coatings
        4.       Others   
    10. 9          Global Paint Pigments Market, By Region      
      1.           Market Size By Region      
        1.       North America     
        2.       Europe  
        3.       Asia-Pacific          
        4.       Middle East         
        5.       Africa     
        6.       South America    
    11. 10        Company Profile         
      1.        BASF SE
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Development               
      2.        Dow Chemical Company  
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Development               
      3.        Huntsman Corporation     
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Development               
      4.        Nippon Kayaku Company Limited  
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
      5.        Cabot Corporation             
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Developments             
      6.        Clariant 
        1.    Company Overview            
        2.    Product/Business Segment Overview                           
        3.    Financial Overview             
        4.    Key Developments             
      7.        Sensient Technologies      
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Developments             
      8.        Synthesia             
        1.    Company Overview            
        2.    Product/Business Segment Overview           
        3.    Financial Overview             
        4.    Key Development               
      9.        Shanghai Road Dyestuffs & Chemicals         
        1.    Company Profile 
        2.    Product/Business Segment Overview           
        3.    Financial Updates              
        4.    Key Development
      10.     Evonik Degussa  
        1. Company Profile 
        2. Product/Business Segment Overview           
        3. Financial Updates              
        4. Key Development
      11.     Ei Dupont De Nemours     
        1. Company Profile 
        2. Product/Business Segment Overview           
        3. Financial Updates              
        4. Key Development
      12.     Dic Corporation   
        1. Company Profile 
        2. Product/Business Segment Overview           
        3. Financial Updates              
        4. Key Development               
    12. 11        Conclusion

    Paint Pigments Market Segmentation

    Market Segmentation Overview

    • Detailed segmentation data will be available in the full report
    • Comprehensive analysis by multiple parameters
    • Regional and country-level breakdowns
    • Market size forecasts by segment
    Infographic

    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Get Free Sample

    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne

    Founder
    Case Study
    Chemicals and Materials