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At 4.69% CAGR, Cosmetic Pigments Market is Set to Explode by 2030

Market Research Future (MRFR) has published on the “Global Organic Pigments Market”.


The Organic Pigments market is estimated to register a CAGR of 4.69% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Organic Pigments market— Sudarshan Chemical Industries Ltd (India), DIC Corporation (Japan), Huntsman Corporation (US), Sun Chemical (US), Dainichiseika Color & Chemicals Mfg Co Ltd (Japan), Ferro Corporation (US), Kemira (Finland), Heubach GmbH (Germany), Atul Ltd (India), Trust Chem (China), Toyocolor Co., Ltd (Japan), Lanxess (Germany)


Market Highlights


The global Organic Pigments market is accounted for to register a CAGR of 4.69% during the forecast period and is estimated to reach USD 7,865.9 million by 2030.


Organic pigments are in high demand in the paints & coatings industry due to increased demand for decorative coatings, marine coatings, automotive coatings, and industrial coatings. Statista predicts that the worldwide paints and coatings industry will expand from USD 160.03 billion in 2021 to around USD 235.06 billion by 2029. The paint and coatings business are diverse and ever-changing. Paints & coatings are widely utilized in the building and construction sectors, as well as in a range of other industries. These include, among other things, finishes for vehicles and other transportation equipment, medical devices, and wood and non-wood furniture. Organic pigments have a significant impact on the color performance of the coating due to their smaller pigment size and higher tinting strength. Paint not only protects but also beautifies surfaces such as buildings, bridges, automotives, and electronics. Organic pigments give vivid color, great dispersion, and high tinting strength through precise pigmentation processes. Because of the usage of HPPs in coatings for luxury ships and automotives, traditional plug-in vehicles, high-end hybrid vehicles, and other vehicles, the automotive sector is the primary industry for high-performance pigments. Because of the fast development of the global automotive sector, there is an increasing demand for high-performance pigments in automotive paints & coatings, which is driving demand for the organic pigments market.


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Segment Analysis


The global Organic Pigments market has been segmented based on Type, Application and Region.


The global Organic Pigments Market segmentation, based on Type has been segmented as Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments and Others. Among these, the Azo Pigments segment is anticipated to dominate the global Organic Pigments market revenue through the projected period as estimated by MRFR analysts.


Azo pigments are used in the formulation of paints and coatings, including architectural coatings, automotive coatings, industrial coatings and others. They offer a diverse palette of colors and excellent color fastness when exposed to light and environmental conditions. Azo pigments are used in the dyeing and printing of textiles, including fabrics, clothing and home textiles. They offer a wide range of color options and can be used in both natural and synthetic fibers.


In the Application segment, the market is categorized as Paints & Coatings, Printing ink, Textile, Plastic & Rubber and Others. Out of which the Printing ink segment held the maximum share in the base year market and is also expected to be holding a significant share in the forecasted period as well.  Organic pigments are used in commercial printing for a variety of promotional materials, brochures, flyers, posters and other marketing materials. Textile printing involves applying inks to fabrics to create patterns, designs and decorations. Organic pigments are used to achieve a wide range of colors in textile printing, including clothing, home textiles and fashion accessories.


Regional Analysis


By Region, the Organic Pigments market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific Organic Pigments market holds a considerable market share and is also forecasted to hold the largest share during the forecast period. The Asia-Pacific region is a major center for textile and clothing production. Organic pigments are widely used in textile printing, dyeing and garment manufacturing to achieve vibrant and long-lasting colors on fabrics and garments. Demand for consumer goods and electronics continues to grow in the Asia-Pacific region. Organic pigments are used in coloring plastics, electronic devices, appliances and other consumer products.


Key Findings of the Study



  • The global Organic Pigments market is expected to reach USD 7,865.9 million by 2030, at a CAGR of 4.69% during the forecast period.

  • The Asia Pacific region accounted for the fastest-growing global market.

  • Based on Type, the Azo pigments segment was attributed to holding the largest market in 2022.

  • Based on Application, the Printing ink segment was attributed to holding the largest market in 2022.

  • Sudarshan Chemical Industries Ltd (India), DIC Corporation (Japan), Huntsman Corporation (US), Sun Chemical (US), Dainichiseika Color & Chemicals Mfg Co Ltd (Japan), Ferro Corporation (US), Kemira (Finland), Heubach GmbH (Germany), Atul Ltd (India), Trust Chem (China), Toyocolor Co., Ltd (Japan), Lanxess (Germany) are the key market players.

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Companies Covered 15
Pages 138
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