PUBLISHER: Market Research Future | PRODUCT CODE: 1496184
PUBLISHER: Market Research Future | PRODUCT CODE: 1496184
Global Organic Pigments Market Research Report Information By Type (Azo Pigments, Phthalocyanine Pigments, High-Performance Pigments, Others), By Application (Paints & Coatings, Printing ink, Textile, Plastic & Rubber, Others) and By Region - Forecast to 2032
The Organic Pigments market is expected to expand at a compound yearly growth rate (CAGR) of 4.69% from USD 5,973.61 million in 2024 to USD 8,619.43 million by 2032. The growing use of organic pigments in the paint and coatings and printing ink industries is anticipated to propel the market for these materials. The market's need for organic pigments has increased due to the rising cost of printing ink for packaging materials. Owing to their excellent tinting strength and effective resistance, organic pigments are predicted to become more and more popular in coating applications such as automotive, construction, industrial, and ornamental coatings. Furthermore, because of the expansion in textile production, there will likely be a greater need for organic pigments, particularly in emerging economies. Because of their strength, brightness, and quality, organic pigments are being utilized as colorants in the textile industry more and more. the market for animal nutrition and the growing need for organic pigments in the food and beverage sector. The need for organic pigments is predicted to increase in the global market due to the production scale's rapid and significant increase.
Many applications, including as printing inks and paints and coatings, use organic pigments, which are anticipated to support market growth over the forecast period.Organic pigments are great for printing because of their exceptional durability, resistance to fading, and resistance to chemical reactions. They can be used in flexography, gravure, screen printing, and other printing processes, making them quite adaptable as well. In general, organic pigments play a significant role in the creation of superior printing ink solutions. Furthermore, the need for ecologically acceptable organic pigments is being driven by stringent regulations limiting the use of printing inks in food packaging. The safety of food packaging is becoming a global problem, and people are become more aware of the potential for food items to absorb color from their containers. Premium-grade organic pigments maintain their color and viscosity over time. They may be easily printed on many different types of media. During the forecast period, there will probably be a rise in demand for a broad range of FDA-approved pigments, including yellow, green, and other coloring agents, which will drive market expansion.
insights on market segments
Azo pigments, phthalocyanine pigments, high-performance pigments, and others make up the market segmentation for organic pigments based on type.
The Organic Pigments Market is divided into five segments based on application: Paints & Coatings, Printing ink, Textile, Plastic & Rubber, and Others.
Localized Perspectives
In addition to possessing the largest market share, the Asia-Pacific Organic Pigments market is anticipated to generate a substantial portion of revenue throughout the course of the projected year. Furthermore, the substantial expansion is anticipated to come from the Asia Pacific area, with China and India taking the lead. Construction activity has expanded as a result of the rapid urbanization and infrastructural development in nations like China and India. Paints, varnishes, and architectural finishes-all necessary for new construction and infrastructure projects-are made with organic pigments. In addition, there is a growing need for vibrant and eye-catching packaging materials due to the expansion of the e-commerce sector and growing consumer awareness of packaging aesthetics. The manufacturing of packaging materials for a variety of industries, such as consumer products, cosmetics, and food and beverage, makes extensive use of organic pigments.
Principal Players
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 are the major companies in the organic pigments market.