Organic Pigments Market Data Analysis By Type (Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments, Others), By Application (Paints & Coatings, Printing ink, Textile, Plastic & Rubber, Others) and By Region -Global Forecast to 2032
The Organic Pigments industry is expected to increase from USD 5,973.61 Mn in 2024 to USD 8,619.43 Mn by 2032, with a compound yearly growth rate (CAGR) of 4.69% over the forecast period (2024-2032). The market for organic pigments is predicted to grow due to increased application in the printing ink and paints and coatings industries. The growing demand for printing ink for packaging has increased the market demand for organic pigments. The growing use of organic pigments in various coatings such as ornamental, industrial, building, and automotive coatings is predicted to increase demand for organic pigments due to their high tinting strength and resistance. Furthermore, demand for organic pigments is predicted to expand, particularly in emerging economies, as textile production increases. Organic pigments, due to their brightness, purity, and strength, are increasingly used as colorants in the textile industry. the animal feed nutrition business; and the growing need for organic pigments in the food and beverage industry. The global market is likely to see an increase in demand for organic pigments as manufacturing scales increase rapidly.
Organic pigments are used in a range of applications, including printing inks, paints, and coatings, which are expected to fuel market expansion throughout the forecast period.Organic pigments are highly robust and resistant to fading and chemical reactions, making them ideal for use in printing. They are also quite adaptable, as they may be used in a variety of printing processes including flexography, gravure, and screen printing. Organic pigments are a key component in the development of high-quality printing ink solutions. Furthermore, rigorous requirements for the use of printing inks in food packaging are boosting demand for eco-friendly organic pigments. Food packaging safety has become a global problem, and people are becoming more aware of the possibility of container color transferring into food products. Organic pigments of high quality are color and viscosity stable. They are easily printed in a variety of mediums. Increased demand for a wide range of FDA-approved pigments, including yellow, green, and other coloring agents, is expected to drive market expansion throughout the forecast period.
Market Segment insightsThe Organic Pigments Market is categorized by type into Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments, and Others.
The Organic Pigments Market is divided into several applications, including paints and coatings, printing ink, textiles, plastics and rubber, and others.
Regional insights The Asia-Pacific Organic Pigments market has the largest market share and is predicted to account for a sizable revenue share over the forecast period. In addition, the Asia Pacific area is likely to see tremendous growth, with China and India leading the way. Rapid urbanization and infrastructural development in nations like China and India have boosted construction activity. Organic pigments are utilized in construction materials like paints, varnishes, and architectural finishes, which are necessary for new buildings and infrastructure projects. Furthermore, the expansion of the e-commerce business and growing consumer awareness of packaging aesthetics have resulted in a demand for bright and visually appealing packaging materials. Organic pigments are commonly utilized in the manufacturing of packaging materials for a variety of industries, including food and beverage, cosmetics, and consumer goods.
Major PlayersThe prominent companies in the Organic Pigments Market are DIC Corporation, Huntsman Corporation, Ferro Corporation, Sudarshan Chemical Industries Ltd, Sun Chemical, Dainichiseika Color & Chemicals Mfg Co Ltd, Kemira, Heubach GmbH, Atul Ltd, Trust Chem, Toyocolor Co., Ltd, and Lanxess.