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Quinacridone Pigment Market

ID: MRFR/CnM/28095-HCR
100 Pages
Sejal Akre
October 2025

Quinacridone Pigment Market Research Report By Application (Automotive Coatings, Industrial Coatings, Wood Coatings, Printing Inks, Plastic Products), By Grade (Technical Grade, Automotive Grade, Food Grade), By Color Shades (Red Orange, Red Violet, Blue Shade, Violet Shade) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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Quinacridone Pigment Market Summary

As per Market Research Future analysis, the Quinacridone Pigment Market Size was estimated at 0.48 USD Billion in 2024. The Quinacridone Pigment industry is projected to grow from USD 0.5019 Billion in 2025 to USD 0.7833 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 4.55% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The Quinacridone Pigment Market is experiencing robust growth driven by sustainability and technological advancements.

  • North America remains the largest market for quinacridone pigments, driven by its extensive automotive coatings sector.
  • Asia-Pacific is emerging as the fastest-growing region, reflecting a surge in demand for eco-friendly products.
  • The automotive coatings segment dominates the market, while the industrial coatings segment is witnessing rapid growth.
  • Key market drivers include rising demand in automotive coatings and an increased focus on eco-friendly products.

Market Size & Forecast

2024 Market Size 0.48 (USD Billion)
2035 Market Size 0.7833 (USD Billion)
CAGR (2025 - 2035) 4.55%

Major Players

BASF SE (DE), Clariant AG (CH), DIC Corporation (JP), Huntsman Corporation (US), Kremer Pigments GmbH & Co. KG (DE), Lanxess AG (DE), Mitsubishi Chemical Corporation (JP), Sun Chemical Corporation (US), Toyo Ink SC Holdings Co., Ltd. (JP)

Quinacridone Pigment Market Trends

The Quinacridone Pigment Market is currently experiencing a notable evolution, driven by various factors that influence demand and supply dynamics. This market, characterized by its vibrant colors and excellent lightfastness, finds applications across multiple industries, including coatings, plastics, and inks. The increasing preference for high-performance pigments, which offer superior durability and environmental stability, appears to be a significant driver of growth. Furthermore, the rising awareness regarding sustainable practices in manufacturing processes may lead to a shift towards eco-friendly alternatives, thereby impacting the market landscape. In addition, the Quinacridone Pigment Market seems to be benefiting from advancements in technology that enhance pigment production and application methods. Innovations in formulation techniques are likely to improve the performance characteristics of these pigments, making them more appealing to end-users. As industries continue to prioritize quality and sustainability, the demand for Quinacridone pigments is expected to remain robust, suggesting a positive outlook for the market in the foreseeable future.

Sustainability Initiatives

The Quinacridone Pigment Market is increasingly influenced by sustainability initiatives. Manufacturers are exploring eco-friendly production methods and raw materials to meet the growing demand for environmentally responsible products. This trend reflects a broader shift in consumer preferences towards sustainable options, which may reshape the competitive landscape.

Technological Advancements

Technological advancements in pigment formulation and production processes are playing a crucial role in the Quinacridone Pigment Market. Innovations that enhance pigment performance, such as improved dispersion and stability, are likely to attract more industries. This trend indicates a potential for increased market penetration across various applications.

Diverse Application Growth

The expansion of applications for Quinacridone pigments is noteworthy. Industries such as automotive, construction, and consumer goods are increasingly adopting these pigments due to their superior properties. This diversification suggests a broadening market base, which could lead to enhanced growth opportunities in the coming years.

Quinacridone Pigment Market Drivers

Diverse Application Areas

The Quinacridone Pigment Market is expanding due to the diverse application areas of these pigments. Beyond traditional uses in paints and coatings, Quinacridone pigments are increasingly being utilized in plastics, textiles, and inks. This diversification is driven by the pigments' excellent color properties and stability, which make them suitable for a wide range of products. Market Research Future indicates that the demand for Quinacridone pigments in the plastics sector is expected to grow significantly, with projections suggesting a compound annual growth rate of around 5% over the next few years. This trend highlights the versatility of Quinacridone pigments and their potential to penetrate new markets, thereby enhancing the overall growth prospects of the Quinacridone Pigment Market.

Expansion in Construction Sector

The Quinacridone Pigment Market is poised to gain traction from the ongoing expansion in the construction sector. As urbanization accelerates, there is an increasing need for high-quality paints and coatings that can withstand environmental challenges. Quinacridone pigments are recognized for their vibrant colors and exceptional weather resistance, making them ideal for exterior applications in buildings. The construction industry is projected to grow significantly, with estimates suggesting a growth rate of around 4% annually. This growth is likely to drive demand for durable and aesthetically pleasing coatings, thereby enhancing the role of Quinacridone pigments in the market. The ability of these pigments to provide long-lasting color and protection against UV degradation positions them favorably within the Quinacridone Pigment Market.

Rising Demand in Automotive Coatings

The Quinacridone Pigment Market is experiencing a notable increase in demand due to the automotive sector's growing preference for high-performance coatings. These pigments are favored for their excellent lightfastness and durability, which are essential for automotive applications. As manufacturers seek to enhance vehicle aesthetics and longevity, the incorporation of Quinacridone pigments in automotive paints is becoming more prevalent. Recent data indicates that the automotive coatings segment is projected to grow at a compound annual growth rate of approximately 5% over the next few years. This trend suggests that the Quinacridone Pigment Market will likely benefit from the automotive sector's expansion, as these pigments provide superior color quality and stability, aligning with the industry's evolving standards.

Increased Focus on Eco-Friendly Products

The Quinacridone Pigment Market is witnessing a shift towards eco-friendly products as consumers and manufacturers alike prioritize sustainability. The demand for non-toxic and environmentally safe pigments is on the rise, driven by regulatory pressures and consumer preferences for greener alternatives. Quinacridone pigments, known for their low environmental impact and compliance with safety standards, are becoming increasingly popular in various applications, including paints, inks, and plastics. Market analysis indicates that the eco-friendly pigment segment is expected to grow at a rate of approximately 6% annually. This trend suggests that the Quinacridone Pigment Market is well-positioned to capitalize on the growing demand for sustainable products, as manufacturers seek to align their offerings with consumer expectations and regulatory requirements.

Technological Innovations in Pigment Production

The Quinacridone Pigment Market is benefiting from technological innovations that enhance pigment production processes. Advances in manufacturing techniques, such as improved synthesis methods and better quality control measures, are leading to higher purity and consistency in Quinacridone pigments. These innovations not only improve the performance characteristics of the pigments but also reduce production costs, making them more competitive in the market. Recent developments suggest that the introduction of automated systems and digital technologies in pigment manufacturing could streamline operations and increase efficiency. As a result, the Quinacridone Pigment Market may experience a boost in supply capabilities, allowing manufacturers to meet the growing demand across various sectors, including coatings and plastics.

Market Segment Insights

By Application: Automotive Coatings (Largest) vs. Industrial Coatings (Fastest-Growing)

The Quinacridone Pigment Market showcases significant diversity across its application segments, with Automotive Coatings dominating the landscape. This sector accounts for a substantial share, driven by the high demand for durable, weather-resistant products that maintain color vibrancy. In comparison, Industrial Coatings are also noteworthy, although they hold a smaller share in the market. This contrasts with the emerging sectors, which are seeing a gradual increase in market penetration due to advancements in production techniques. Growth trends indicate a robust expansion trajectory for Industrial Coatings, primarily fueled by rising industrial activities and the need for sustainable and eco-friendly coating solutions. The transition towards high-performance coatings that offer superior durability has become critical for various sectors, driving innovations in formulation and application. As a result, while Automotive Coatings currently lead, Industrial Coatings are poised for significant growth due to shifting consumer preferences and regulatory developments favoring environmentally responsible products.

Automotive Coatings (Dominant) vs. Industrial Coatings (Emerging)

Automotive Coatings represent the dominant segment within the Quinacridone Pigment Market, primarily due to their vital role in enhancing vehicle aesthetics and performance. These coatings not only provide vibrant colors but also ensure protection against environmental factors, contributing to longer vehicle life. The automotive sector continually seeks innovative solutions that meet stringent performance criteria, thus providing a competitive edge to Quinacridone pigments. Conversely, Industrial Coatings are recognized as an emerging segment, increasingly gaining traction due to their adaptability in various industrial applications. These coatings are characterized by their versatility, offering excellent adhesion, durability, and chemical resistance. The shift towards higher quality and sustainable coating options is driving growth in this segment, indicating a promising future as industries pivot to innovative solutions.

By Grade: Technical Grade (Largest) vs. Automotive Grade (Fastest-Growing)

In the Quinacridone Pigment Market, the distribution of market share among the different grade segments reveals a clear preference for Technical Grade products, which dominate the market due to their broad applications in various industrial processes and coatings. Automotive Grade pigments are notably emerging, capturing increasing interest primarily due to the rise of eco-friendly vehicle production and coatings that enhance color durability and vibrance in automotive applications.

Technical Grade (Dominant) vs. Automotive Grade (Emerging)

Technical Grade quinacridone pigments are characterized by their high performance and stability in demanding environments, making them suitable for a range of industrial applications, including coatings, plastics, and inks. On the other hand, Automotive Grade pigments are gaining traction as the automotive industry shifts towards more sustainable and vibrant coloration processes. These pigments not only meet the stringent requirements of color durability but also cater to the aesthetic demands of modern vehicle design, thus positioning them as a key emerging player in the market.

By Color Shades: Red Orange (Largest) vs. Red Violet (Fastest-Growing)

In the Quinacridone Pigment Market, the 'Color Shades' segment presents a diverse distribution of market share among its constituent shades. Red Orange is currently recognized as the largest segment, capturing significant attention due to its vibrant hue and versatility in various applications, including coatings and plastics. Red Violet, on the other hand, is gaining momentum as a favorite among manufacturers, reflecting a notable increase in demand due to its unique appeal and functionality in artistic and industrial uses. Growth trends within the Color Shades segment are driven by evolving consumer preferences and advancements in pigment technology. The demand for Red Orange remains robust, attributed to its established role in high-performance coatings and as an integral component in plastic coloring. Meanwhile, Red Violet is emerging rapidly, buoyed by its application in specialty paints and art supplies, where it is favored for its rich tone and opacity, marking it as a segment to watch in the coming years.

Red Orange (Dominant) vs. Red Violet (Emerging)

The comparison of Red Orange and Red Violet in the Quinacridone Pigment Market highlights the distinguishing attributes and market standings of these shades. Red Orange is dominant, known for its brightness and stability, making it a preferred choice in industrial applications where durability is crucial. This shade is frequently utilized in applications requiring high visibility and aesthetic appeal, catering to both commercial and consumer needs. In contrast, Red Violet is emerging as a strong contender, appealing particularly to artists and designers for its unique chromatic qualities. Its ability to blend well with other colors while retaining vibrancy adds to its allure. As manufacturers innovate and seek distinctive color solutions, Red Violet is poised for significant attention, poised to capture a growing share of the market.

Get more detailed insights about Quinacridone Pigment Market

Regional Insights

North America : Innovation and Demand Surge

The North American Quinacridone Pigment Market is driven by increasing demand in the automotive and construction sectors, with a market share of approximately 35%. Regulatory support for sustainable pigments and eco-friendly products is further propelling growth. The U.S. leads the market, followed by Canada, as manufacturers seek to innovate and meet stringent environmental regulations. Key players like BASF SE and Huntsman Corporation dominate the landscape, focusing on R&D to enhance product offerings. The competitive environment is characterized by strategic partnerships and acquisitions, ensuring a robust supply chain. The presence of established companies fosters innovation, making North America a pivotal region in the Quinacridone Pigment Market.

Europe : Sustainability and Innovation Focus

Europe is emerging as a significant player in the Quinacridone Pigment Market, holding around 30% of the global share. The region's growth is fueled by stringent environmental regulations and a strong push towards sustainable products. Countries like Germany and Switzerland are at the forefront, with increasing investments in eco-friendly manufacturing processes. Regulatory frameworks are encouraging the adoption of sustainable pigments, enhancing market dynamics. Leading companies such as Clariant AG and Kremer Pigments GmbH are innovating to meet these demands, focusing on high-performance and environmentally friendly products. The competitive landscape is marked by collaborations and technological advancements, positioning Europe as a leader in sustainable pigment solutions. The European Chemicals Agency emphasizes the importance of sustainability in chemical production, driving market growth.

Asia-Pacific : Rapid Growth and Expansion

The Asia-Pacific region is witnessing rapid growth in the Quinacridone Pigment Market, accounting for approximately 25% of the global share. This growth is driven by increasing industrialization and urbanization, particularly in countries like China and India. The demand for high-quality pigments in various applications, including coatings and plastics, is on the rise, supported by favorable government policies promoting manufacturing. China stands out as the largest market, with significant contributions from local manufacturers and international players like DIC Corporation and Mitsubishi Chemical Corporation. The competitive landscape is evolving, with a focus on innovation and cost-effective production methods. As the region continues to expand, the presence of key players ensures a dynamic market environment, fostering growth and development in the Quinacridone Pigment Market sector.

Middle East and Africa : Emerging Opportunities and Growth

The Middle East and Africa region is gradually emerging in the Quinacridone Pigment Market, holding about 10% of the global share. The growth is primarily driven by increasing demand in the construction and automotive sectors, alongside a growing focus on infrastructure development. Countries like South Africa and the UAE are leading the charge, supported by government initiatives aimed at boosting local manufacturing capabilities. The competitive landscape is characterized by a mix of local and international players, with companies like Sun Chemical Corporation establishing a presence in the region. As the market evolves, opportunities for growth are expanding, particularly in sustainable and high-performance pigments. The region's potential is recognized by industry stakeholders, paving the way for future investments and developments in the Quinacridone Pigment Market.

Quinacridone Pigment Market Regional Image

Key Players and Competitive Insights

The Quinacridone Pigment Market is characterized by a dynamic competitive landscape, driven by increasing demand for high-performance pigments across various applications, including coatings, plastics, and inks. Key players such as BASF SE (Germany), Clariant AG (Switzerland), and DIC Corporation (Japan) are strategically positioned to leverage their extensive product portfolios and technological advancements. These companies are focusing on innovation and sustainability, which are becoming critical differentiators in the market. The collective strategies of these firms not only enhance their competitive edge but also contribute to shaping the overall market dynamics, as they navigate through evolving customer preferences and regulatory requirements.In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. This approach appears to be particularly effective in a moderately fragmented market, where the presence of numerous players necessitates agility and responsiveness. The competitive structure is influenced by the strategic maneuvers of key players, who are actively seeking to enhance their market share through various initiatives, including mergers and acquisitions, partnerships, and technological collaborations.In August 2025, BASF SE (Germany) announced the launch of a new line of eco-friendly Quinacridone pigments, which are designed to meet stringent environmental regulations while maintaining high performance. This strategic move underscores BASF's commitment to sustainability and positions the company favorably in a market increasingly focused on environmentally responsible products. The introduction of these pigments is likely to attract environmentally conscious customers and enhance BASF's competitive positioning.In September 2025, Clariant AG (Switzerland) entered into a strategic partnership with a leading digital technology firm to enhance its pigment production processes through AI integration. This collaboration aims to optimize manufacturing efficiency and reduce waste, aligning with Clariant's sustainability goals. The integration of advanced technologies into their operations may provide Clariant with a significant competitive advantage, enabling them to respond more effectively to market demands and improve overall product quality.In July 2025, DIC Corporation (Japan) expanded its production capacity for Quinacridone pigments in response to growing global demand. This expansion is indicative of DIC's proactive approach to capturing market opportunities and ensuring supply chain reliability. By increasing production capabilities, DIC is likely to strengthen its market presence and enhance its ability to meet customer needs in a timely manner.As of October 2025, the competitive trends in the Quinacridone Pigment Market are increasingly defined by digitalization, sustainability, and technological integration. Strategic alliances are playing a pivotal role in shaping the current landscape, as companies seek to combine resources and expertise to drive innovation. Looking ahead, it appears that competitive differentiation will evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, as firms strive to meet the demands of a rapidly changing market.

Key Companies in the Quinacridone Pigment Market include

Industry Developments

Increasing demand for quinacridone pigments in the automotive and construction industries, coupled with growing awareness about environmental regulations, is driving market growth. Automotive manufacturers are increasingly using quinacridone pigments in paints and coatings to enhance durability and resistance to weathering.

 In the construction industry, quinacridone pigments are used in roofing materials, paints, and coatings for their excellent lightfastness and heat resistance properties. Additionally, government regulations aimed at reducing VOC emissions are endorsing the adoption of eco-friendly pigments like quinacridone.

Future Outlook

Quinacridone Pigment Market Future Outlook

The Quinacridone Pigment Market is projected to grow at a 4.55% CAGR from 2024 to 2035, driven by increasing demand in coatings, plastics, and inks.

New opportunities lie in:

  • Expansion into eco-friendly pigment formulations
  • Development of customized pigment solutions for niche markets
  • Strategic partnerships with major paint manufacturers for exclusive product lines

By 2035, the Quinacridone Pigment Market is expected to achieve robust growth and enhanced market positioning.

Market Segmentation

Quinacridone Pigment Market Grade Outlook

  • Technical Grade
  • Automotive Grade
  • Food Grade

Quinacridone Pigment Market Application Outlook

  • Automotive Coatings
  • Industrial Coatings
  • Wood Coatings
  • Printing Inks
  • Plastic Products

Quinacridone Pigment Market Color Shades Outlook

  • Red Orange
  • Red Violet
  • Blue Shade
  • Violet Shade

Report Scope

MARKET SIZE 20240.48(USD Billion)
MARKET SIZE 20250.5019(USD Billion)
MARKET SIZE 20350.7833(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)4.55% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledBASF SE (DE), Clariant AG (CH), DIC Corporation (JP), Huntsman Corporation (US), Kremer Pigments GmbH & Co. KG (DE), Lanxess AG (DE), Mitsubishi Chemical Corporation (JP), Sun Chemical Corporation (US), Toyo Ink SC Holdings Co., Ltd. (JP)
Segments CoveredApplication, Grade, Color Shades, Regional
Key Market OpportunitiesGrowing demand for eco-friendly pigments drives innovation in the Quinacridone Pigment Market.
Key Market DynamicsRising demand for eco-friendly pigments drives innovation and competition in the Quinacridone Pigment Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA
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FAQs

What is the projected market valuation of the Quinacridone Pigment Market by 2035?

The Quinacridone Pigment Market is projected to reach approximately 0.7833 USD Billion by 2035.

What was the market valuation of the Quinacridone Pigment Market in 2024?

In 2024, the Quinacridone Pigment Market was valued at 0.48 USD Billion.

What is the expected CAGR for the Quinacridone Pigment Market during the forecast period 2025 - 2035?

The expected CAGR for the Quinacridone Pigment Market during the forecast period 2025 - 2035 is 4.55%.

Which companies are considered key players in the Quinacridone Pigment Market?

Key players in the Quinacridone Pigment Market include BASF SE, Clariant AG, DIC Corporation, and Huntsman Corporation.

What are the main application segments of the Quinacridone Pigment Market?

The main application segments include Automotive Coatings, Industrial Coatings, Wood Coatings, Printing Inks, and Plastic Products.

How did the Automotive Coatings segment perform in 2024?

The Automotive Coatings segment was valued at 0.12 USD Billion in 2024 and is expected to grow to 0.2 USD Billion.

What is the valuation range for the Technical Grade segment in the Quinacridone Pigment Market?

The Technical Grade segment had a valuation range from 0.144 USD Billion to 0.2333 USD Billion.

Which color shades are prominent in the Quinacridone Pigment Market?

Prominent color shades include Red Orange, Red Violet, Blue Shade, and Violet Shade.

What was the valuation of the Printing Inks segment in 2024?

The Printing Inks segment was valued at 0.06 USD Billion in 2024, with a potential increase to 0.1 USD Billion.

How does the Quinacridone Pigment Market's growth compare across different grades?

The Automotive Grade segment is expected to grow from 0.192 USD Billion to 0.3 USD Billion, indicating robust growth compared to other grades.

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