Global Organic Pigment Dispersions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Organic Pigment Dispersions Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Organic pigment dispersions are typically produced by grinding or milling the pigment particles to a small particle size, and then dispersing them in a suitable liquid medium with the help of dispersing agents or surfactants. The dispersion process ensures that the pigment particles are uniformly distributed in the liquid medium. Organic pigment dispersions are widely used in a variety of applications, including coatings, inks, and plastics, where they are used to provide color or opacity, and to enhance the performance of the final product.

Market Overview:

The latest research study on the global Organic Pigment Dispersions market finds that the global Organic Pigment Dispersions market reached a value of USD 495.51 million in 2022. It’s expected that the market will achieve USD 643.81 million by 2028, exhibiting a CAGR of 4.46% during the forecast period.

Organic pigment dispersions are widely used downstream, mainly in paint and printing ink, coating, plastic industry, etc. Organic pigment dispersions are usually high-performance products, with superior properties such as uniform dispersion of pigments and improved grinding efficiency.

1 Growing Demand from Key Regions

1.1 The pigment dispersion market in developed countries in Europe and United States is vast.
1.2 Emerging markets in Asia-Pacific have great potential.
With the economic development of emerging markets, the process of industrialization and urbanization is accelerating, and the end-use industries of coatings, inks, and plastics, such as automobiles, construction, and consumer goods, are developing rapidly, thereby driving the growth of the organic pigment dispersion market.

2 Market Challenges and Impact

2.1 High requirements for product development and manufacturing capabilities.
2.2 The impact of the COVID-19 epidemic on the industrial chain.

3 Market Trends

3.1 Technological progress reduces product cost.
3.2 Product customization and long-term cooperation.
3.3 Continuously improving safety and environmental protection requirements.

Region Overview:

Asia-Pacific was the largest revenue market with a market share of 37.73%% in 2018 and 38.37% in 2023, an increase of 0.64%%. In 2023, Americas market share was 31.73%%, ranking second.

Company Overview:

BASF SE
BASF SE is a chemical company. The Company operates in six segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil and gas. BASF offers products for the chemical, automotive, construction, agriculture, oil, plastics, electrical, electronics, furniture, and paper industries, and provides a range of system solutions and services.

DIC Corporation

Color & Comfort— DIC is a fine chemicals company with a top share in printing inks, organic pigments and PPS compounds in the global market. Established in 1908 as a manufacturer of printing inks, DIC has capitalized on its capabilities in organic pigments and synthetic resins to build a broad portfolio to markets such as Automotive, electronics, foods and housing. DIC operates in more than 60 countries and territories around the world today.

The industry concentrate rate is relatively high. The market share of the top three companies in 2022 was 61.05%. The top three companies are BASF SE, DIC Corporation and Heubach GmbH, with the revenue market share of 33.10%, 14.68% and 13.27% in 2022.

Segmentation Overview:

Printing Inks

Organic pigment dispersions are widely used in the production of printing inks for various printing methods. They offer excellent color strength, fastness, and stability under different printing conditions.

Coatings

Organic pigment dispersions are used in the production of various coatings, including architectural, industrial, and automotive coatings. They offer excellent color retention, durability, and weather resistance.

Others

Organic pigment dispersions are also used in other applications, such as plastics, textiles, and leather.

By type, Printing Inks segment accounted for the largest share of market in 2021.

Application Overview:

Organic pigment dispersions can be divided into online and offline according to sales channels. Generally speaking, offline sales are the main ones. With the development of e-commerce, online sales tend to increase.

By application, the Offline segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Organic Pigment Dispersions market covered in Chapter 3:

Pidilite
Heubach GmbH
DIC Corporation
Penn Colors
DyStar Corporation
Sudarshan Chemical
Cabot Corporation
Chromaflo
BASF SE
Lanxess

In Chapter 4 and Chapter 14.2, on the basis of types, the Organic Pigment Dispersions market from 2018 to 2029 is primarily split into:

Printing Inks
Coatings
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Organic Pigment Dispersions market from 2018 to 2029 covers:

Online
Offline

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)