Pigments Market, By Pigment Type (Organic and Inorganic), By Application (Paints & Coatings, Printing Inks, Plastics, Construction Materials, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Description

The pigments market is estimated to be valued at USD 4.40 Bn in 2024 and is expected to reach USD 6.79 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

Figure 1. Pigments Market Share (%), By Region, 2024

The pigments market refers to the market for colored, black, white, or fluorescent particulate organic or inorganic solids used to color other materials, specifically paints, coatings, inks, plastics, fabrics, and construction materials. Pigments are distinguishable from dyes in that while dyes are usually dissolved or suspended in their application medium, pigments are insoluble, allowing their particles to remain suspended in liquid or powder form. Properties of pigments such as heat resistance, lightfastness, tolerance to chemical attack, and an ability to impart color/opacity leads to their extensive use in a variety of applications ranging from industrial process coloring to artistic paints. Increasing demand from the construction, automotive, packaging, and plastic industries is expected to drive the global pigments market growth over the next few years.

Market Dynamics:

The pigments market is witnessing lucrative growth opportunities driven by growth in end-use industries such as construction, automotive, and packaging. In the construction industry, growth in infrastructure development projects in developing nations. Increasing repair and remodeling activities globally has boosted demand for pigments used in exterior and interior coatings, cement products and other construction materials. In the automotive industry, the strong demand for premium and luxurious vehicles coupled with shortening of repainting cycles is driving the pigment consumption. However, stringent environmental regulations regarding heavy metal content pose challenges to the market growth. On the other hand, pigment manufacturers are exploring bio-based and environment-friendly pigments to leverage opportunities arising from sustainability trends.

Key Features of the Study:

This report provides an in-depth analysis of the global 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 growth 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 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 BASF SE, Clariant International Limited, DIC Corporation, Huntsman International LLC, Tronox, Inc, Rockwood Holdings, Inc., Lanxess AG, Atlanta AG, Ferro Corporation, Merck, Pidilite Industries Ltd., Toyocolor Co. Ltd., Sensient Technologies Corporation, Trust Chem Co. Ltd., Vipul Organics Ltd., Qualitron Chemicals, Colors India, Navpad Pigments, Pure Chemicals, and Sparkem.
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.
The global 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 pigments market.

Detailed Segmentation-

By Pigment Type:
- Organic
- Inorganic
By Application:
- Paints & Coatings
- Printing Inks
- Plastics
- Construction Materials
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- BASF SE
- Clariant International Limited
- DIC Corporation
- Huntsman International LLC
- Tronox, Inc
- Rockwood Holdings, Inc.
- Lanxess AG
- Atlanta AG
- Ferro Corporation
- Merck
- Pidilite Industries Ltd.
- Toyocolor Co. Ltd.
- Sensient Technologies Corporation
- Trust Chem Co. Ltd.
- Vipul Organics Ltd.
- Qualitron Chemicals
- Colors India
- Navpad Pigments
- Pure Chemicals
- Sparkem

Product Code: CMI1033

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Pigment Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions

4. Global Pigments Market - Impact of Coronavirus (COVID-19) Pandemic

Overview
Factors Affecting the Global Pigments Market
Impact Analysis

5. Global Pigments Market, By Pigment Type, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Organic
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Inorganic
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

6. Global Pigments Market, By Application, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2020 - 2031
- Segment Trends
Paints & Coatings
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Printing Inks
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Plastics
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Construction Materials
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends
Others
- Market Share Analysis, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, 2019 - 2031
- Segment Trends

7. Global Pigments Market, By Region, 2019-2031, (US$ Bn & KT)

Introduction
- Market Share Analysis, By Region, 2024, 2027 and 2031 (%)
- Y-o-Y Growth Analysis, For Region, 2020-2031
North America
- Introduction
- Market Size and Forecast, By Pigment Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - U.S.
  - Canada
Latin America
- Introduction
- Market Size and Forecast, By Pigment Type, 2019 - 2031, (US$ Bn & KT))
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Europe
- Introduction
- Market Size and Forecast, By Pigment Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - U.K.
  - Germany
  - Italy
  - France
  - Spain
  - Russia
  - Rest of Europe
Asia Pacific
- Introduction
- Market Size and Forecast, By Pigment Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Middle East & Africa
- Introduction
- Market Size and Forecast, By Pigment Type, 2019 - 2031, (US$ Bn & KT)
- Market Size and Forecast, By Application, 2019 - 2031 (US$ Bn & KT)
- Market Size and Forecast, By Country, 2019 - 2031, (US$ Bn & KT)
  - GCC Countries
  - Israel
  - Rest of Middle East & Africa

8. Competitive Landscape

Market Share Analysis
Company Profiles
- BASF SE
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Clariant International Limited
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- DIC Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Huntsman International LLC
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Tronox, Inc
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Rockwood Holdings, Inc.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Lanxess AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Atlanta AG
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Ferro Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Merck
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Pidilite Industries Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Toyocolor Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sensient Technologies Corporation
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Trust Chem Co. Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Vipul Organics Ltd.
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Qualitron Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Colors India
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Navpad Pigments
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Pure Chemicals
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates
- Sparkem
  - Company Overview
  - Product Portfolio
  - Recent Developments/Updates

9. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

10. Section

References
Research Methodology
About Us and Sales Contact
- Browse 25 market data tables* and 20 figures* on Global Pigments Market" - Global forecast to 2031.