Organic Pigments Market Research Report - Forecast till 2030

Organic Pigments Market: Information by Source (Natural, Synthetic), Type (Azo, Phthalocyanine, Alizarin, Arylide, Others), Application (Printing Ink, Paints, Plastics, Rubber, Optoelectronics, Cosmetics), Region (Asia-Pacific) - Forecast till 2030

ID: MRFR/CnM/1155-HCR | February 2023 | Region: Global | 143 Pages         

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Organic Pigments Market Synopsis:

Organic Pigments Market is projected to be worth USD 9 Billion by 2030, registering a CAGR of 8% during the forecast period (2022 - 2030). The market was valued at USD 4 billion in 2021.

Organic pigments are carbon compounds that are made synthetically. The natural pigments are available through animals and flowers. The natural pigments come in a different range of deep colours. Rose, crimson and deep red carmine are some of the colours of these natural pigments. However, there are some toxins in these natural pigments.

Due to this, demand for the organic pigments market is surging. There are plenty of exceptional features of these organic pigments that raise their need. High water solubility and organic solvents are some of the benefits of these pigments. The organic pigments are made from acids, petroleum compounds and other chemicals. Industries these days prefer these organic pigments that are effortless to produce. Chemical stability, resistance, light fastness, excellent transparency and bright colour are properties of organic pigments.

 The need for organic pigments is expanding in various markets. Automotive, plastics, electronics, textile, construction, cosmetic and personal care are sectors requiring these organic pigments. The painting industry is using these organic pigments more these days. Demand from a wide range of sectors is beneficial for market growth. In upcoming years, the usage of this product is wide. These factors will grow the overall organic pigments market value in the upcoming years. 

Covid analysis 

The impact of covid 19 is significant in many industries. The revenue losses and decline in demand are common challenges in many markets. This pandemic is causing pressures from the economic and health end of the market. Economic recession is causing cash flow deficiency and other challenges in global markets. The organic pigments market is affected by this situation.

During the first wave of the virus demand rapidly decreased for organic pigments. Especially, the automotive sector has massive losses. It is impacting the demand for this market. Less demand in the printing market is affecting the growth of organic pigments. Today, organic pigments are used as inks in many printing industries. It is a major contributor to the demand of this market. International supplies and trade of this market are restricted in many regions. The fluctuations in raw materials are another factor that affects market growth. However, post covid 19 scenario of the market seems positive. 

Market dynamics 

  • Crucial market drivers 

The rising use of organic pigments in the printing industry is a crucial driver of the market. These pigments are used as inks as per regulations. The ink of organic pigments is safe and they abide by my compliance standards. The use of organic pigments is high on jet and UV inks. The prevalence of organic pigments in these sectors creates more demand for the market. The growing use of organic pigments in the paintings and coatings market is another crucial driver of the market.

Organic pigments are the best solutions suitable in these markets. These organic pigments are colourants that are eco friendly. They have used colours in the painting industry in many regions. Furthermore, the plastics market has wide use of these organic pigments. Large scale plastic production is happening in this industry. In recent years, the production of plastic is rising due to consumer demand.

The user goods market has a high need for plastic bags and wrappers. These factors contribute to the overall growth of the plastics market. Demand from the textile industry adds to the revenue of this industry. The textile and clothing market has a high need for organic pigments as colourants. Due to this, the overall need for the product is constantly growing. All these drivers factors are rising organic pigments market size.

  • The market growth opportunities 

Demand from the emerging economies will create plenty of growth opportunities in the market. The construction market has the fastest growth for these organic pigments. Especially, modern architectures have high usage of organic pigments. The surface of the buildings and construction is not only appealing but they come with wall protecting features. These qualities of organic pigments attract many end-users. The fine bright colour of this organic pigment is useful in many buildings. Most of the buildings in emerging nations require high tinting strength and good dispersion. The automotive market is using organic pigments in both interior and exterior parts for protection. These organic pigments used in the automotive sector come with UV protection features.

Resistance from sunlight, water, heat and acids are some of the exceptional features in the market. Moreover, furniture is another market that will create exceptional growth opportunities. Organic pigments can protect woods from moisture and spillages. These organic pigments can provide long-lasting beauty and a decorative appearance for this furniture. All these growth opportunities are expected to increase the supply rate of the overall market. Even the market expansion rate is massive. 

  • The market restraints 

The price volatility of organic pigments is a restraining factor of this market. Raw materials for organic pigments are higher than inorganic pigments. Due to natural and organic ingredients price fluctuations are common. The organic pigments abide by governmental rules and regulations.

 Also, its eco-friendliness is another prominent feature of this colourant. Due to all these factors, the overall cost of the product is high. Due to covid 19, the raw material price fluctuations are high. In the next few years, these factors will continue. The growth of this market can hamper due to the high volatility of the price. 

  • The market challenges 

The rising demand for inorganic pigments is a challenge in the market. More than organic, inorganic pigments have high demand. In recent years, the price for this product is constantly increased. These factors can hinder the demand for organic pigments. The substitutes and product range of the inorganic pigments market are wide.

Due to these market challenges, the demand can witness a significant downfall. There is a threat of various substitutes and alternatives in the market. These factors can create immense competition between these markets. All these challenges can hinder the organic pigments market expansion rate. 

  • Cumulative growth analysis 

The organic pigments market trends is stable in the forecast period. There are plenty of growth factors in the organic pigments market. The use of organic pigments in the printing market is a crucial driver. Many jet printers and UV printers use organic pigments these days.

The rising demand in the plastic market is another driver in this market. The rising use of these organic pigments will create exceptional growth. However, price volatility is a restraining factor of this market. All these factors will contribute to the massive growth of this market. 

  • The value chain analysis 

The Asia Pacific is a region with high demand for the organic pigments market share. The surging growth trend for organic pigments will bring favourable changes. China, Japan, India and Malaysia are some of the factors that will contribute to the growth of this market. Production of organic pigments in these regions is higher.

The commercial packaging market has exceptional scope for these organic pigments. Further, the growth opportunities are massive in this market. All these factors will contribute to exceptional growth in the overall organic pigments market. It is a region with high shares and massive revenue rates for organic pigments industry.

Segment overview 

Pigment type 

  • Anthraquinone

  • Phthalocyanine

  • Azo

  • Quinacridone

By end-user 

  • Textile

  • Plastics and Polymer

  • Paints and Coatings

  • Printing and Packaging

By geography 

  • South Korea 

  • Asia pacific 

  • Europe 

  • North America 

  • China 

  • India 

  • Middle East Africa 

Competitive landscape 

The competition in the organic pigments market is constantly growing. Some factors have a positive impact on overall market demand. Expansions, mergers, collaborations and partnerships in the market will lead to more developments.

New product launches will take place in this market. These product variations in the market will bring plenty of new changes. Further, the surging demand for inorganic pigments will create price competition in this market. 

Regional analysis 

The organic pigments market is classified into Asia Pacific, Europe and North America. The Asia Pacific is the leading region with high shares. The manufacturing of organic pigments is immense in this region. The commercial packaging sector has a high need for organic pigments. India and China have high furniture activity that boosts demand.

 Asia pacific is 51% of the world’s plastic producer. It is creating a positive impact on the overall organic pigments market. North America is the next largest region with massive demand. Europe is the next regional player with high scope for organic pigments. 

The key players of organic pigments market are 

  • Dainichiseika Color & Chemicals Mfg. Co. Ltd


  • Synthesia AS

  • Trust Chem Co. Ltd

  • Sudarshan Chemical Industries Limited

  • DIC Corporation

  • Toyocolor Co. Ltd 

  • Changzhou Longyu Pigment Chemical Co. Ltd

  • Ferro Corporation

Recent DevelopmentAugust 2021-Sun Chemical introduces lead-free Paliotan VIU pigments range that replace the lead components present in coatings formulations. The lead-free Paliotan VIU organic pigments comes along with new technical services offering. The new portfolio includes a number of shades, including mid-yellow, red, and lemon yellow. The newly introduced pigments combine better color strength as well as opacity, resulting in highly cost-effective formulations with several decorative applications.August 2021-KRONOS Worldwide Inc. has unveiled KRONOS 9900 Digital White, an aqueous pigment concentrate to cater to the surging demand from the digital printing sector. Based on an advanced production technology, the pigment is customized for significant storage stability along with anti-settlement properties in white water-based inkjet inks, offering highest whiteness and superior opacity in prints.KRONOS Digital White has applications in hybrid (water/UV) inkjet, water-based inkjet inks, and any aqueous applications with low coarse particle level and high stability.DCL has acquired Sun Chemical’s manufacturing facility in Goose Creek, South Carolina, USA. This acquisition includes the production and sales of the perylene and quinacridone product portfolios, along with select other specialty products.

Report overview 

  • Market overview highlights 

  • Analysis based upon COVID 19

  • Explanation upon the Market Dynamics

  • Value chain analysis

  • Market segmentation overview

  • The regional analysis

  • Competitive landscape analysis

  • Recent Developments

Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 9 Billion
  CAGR   8% (2022-2030)
  Base Year   2021
  Forecast Period   2022 to 2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Source, Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), Heubach GmbH (Germany), Clariant (Switzerland), Trust Chem Co. Ltd (China), DIC Corporation (Japan), Changzhou Longyu Pigment Chemical Co. Ltd (China), Ferro Corporation (US), Toyocolor Co. Ltd (Japan), Sudarshan Chemical Industries Limited (India), Synthesia AS (Czech Republic), and Dainichiseika Color & Chemicals Mfg. Co. Ltd (Japan).
  Key Market Opportunities   Widening scope of application of organic pigments in the electronics industry
  Key Market Drivers

  • The growing use of the product in the paints & coatings, plastics, and textile industries
  • Increasing demand for organic pigments

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    Frequently Asked Questions (FAQ) :

    The key players of the market are Dainichiseika Color & Chemicals Mfg. Co. Ltd, BASF SE, Synthesia AS, Trust Chem Co. Ltd, Sudarshan Chemical Industries Limited, DIC Corporation, Toyocolor Co. Ltd, Changzhou Longyu Pigment Chemical Co. Ltd and Ferro Corporation.

    The Asia Pacific region has the scope to inspire growth for the organic pigments market.

    Volatile raw material prices and expensive final products can deter the organic pigments market from growth.

    The organic pigment market can score a CAGR of 8% between the forecast period of 2022 and 2030.

    Industries like paints, printing ink, rubber, plastics, cosmetics, optoelectronics, and paper tinting are expected to promote growth for the organic pigments market.