Organic Pigments Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The market for organic pigments is expected to register a CAGR of about 5%, globally, during the forecast period. Growing demand in the paints and coatings industry and an increase in the demand from the textile industry are driving the market. On the flip side, higher production costs due to stringent environmental regulations and superior performance of inorganic pigments to organic pigments are hindering the growth of the organic pigments market.
Key HighlightsThe global organic pigments market is partially fragmented, with the major players accounting for a marginal share. A few key companies operating in the market include BASF SE, Sudarshan Chemical Industries Limited, DIC CORPORATION, COLORWEN INTERNATIONAL CORP., and Heubach GmbH.
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