GLOBAL ORGANIC PIGMENTS MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global organic pigments market is estimated to be valued at USD 6.56 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031. Global organic pigments market has been witnessing steady growth over the past few years, owing to rising demand from industries like paints & coatings, printing inks, plastics, and construction. Organic pigments have established themselves as an indispensable part of these end-use industries due to their excellent properties like brightness, weatherproofness, and durability. Moreover, the shifting preference toward eco-friendly products among consumers and stringent environmental regulations regarding the use of heavy metals in pigments has boosted demand for organic pigments globally. However, high production costs and availability of inexpensive substitutes continue to limit the market potential.

 Market Dynamics:

The key drivers propelling the global organic pigments market growth includes growing paints & coatings industry, changing regulations restricting the use of hazardous inorganic pigments, and increasing consumer awareness about sustainable products. High costs associated with organic pigment production and the availability of inexpensive inorganic pigment alternatives are posing challenges. Continuous R&D towards new production technologies and novel organic pigment formulations with superior properties provides significant opportunities for market players. Overall, the market is estimated to witness growth steadily due to rising demand from various end-use industries like printing inks, plastics, and construction over the forecast period.

 Key features of the study:

• This report provides in-depth analysis of the global organic pigments market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global organic pigments market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include SABIC, BASF SE, Clariant AG, Dominion Colour Corporation, Ferro Corporation, Heubach GmbH, Sudarshan Chemical Industries Ltd., Sun Chemical Corporation, DIC Corporation, Pidilite Industries Ltd., Toyocolor Co. Ltd., Sensient Technologies Corporation, Trust Chem Co. Ltd., LANXESS AG, Vipul Organics Ltd., Qualitron Chemicals, Colors India, Navpad Pigments, Pure Chemicals, Sparkem, Pravin Dyechem Pvt. Ltd
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global organic pigments market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global organic pigments market

Detailed Segmentation-

• By Type:
• • Azo
  • Pthalocyanine
  • HPPs
  • Others
• By Application:
• • Printing inks
  • Paints & coatings
  • Plastics
  • Others
• By Regional:
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • SABIC
  • BASF SE
  • Clariant AG
  • Dominion Colour Corporation
  • Ferro Corporation
  • Heubach GmbH
  • Sudarshan Chemical Industries Ltd.
  • Sun Chemical Corporation
  • DIC Corporation
  • Pidilite Industries Ltd.
  • Toyocolor Co. Ltd.
  • Sensient Technologies Corporation
  • Trust Chem Co. Ltd.
  • LANXESS AG
  • Vipul Organics Ltd.
  • Qualitron Chemicals
  • Colors India
  • Navpad Pigments
  • Pure Chemicals
  • Sparkem
  • Pravin Dyechem Pvt. Ltd