Organic Pigments Market Size, Share, Trends, Industry Analysis Report - By Source (Synthetic and Natural), Type, Application, and Region; Segment Forecast, 2024

Description

List of Tables

The global organic pigments market size is expected to reach USD 8.53 billion by 2032, according to a new study by Polaris Market Research. The report "Organic Pigments Market Size, Share, Trends, Industry Analysis Report, By Source (Synthetic, Natural); By Type; By Application; By Region; Segment Forecast, 2023-2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The increasing awareness of environmental pollution and the growing demand for sustainable products are significantly boosting the organic pigment market growth during the forecast period. Consumers are increasingly favoring organic options in cosmetics, decorative coatings, and printing inks, driven by a desire for eco-friendly and less toxic alternatives. Additionally, the trend among restaurants to enhance the visual appeal of their food with vibrant colors further fuels the demand for organic pigments, as these offer a safer and more sustainable choice compared to synthetic dyes. This heightened preference for natural and less harmful ingredients underscores a robust and expanding market for organic pigments across various industries.

Advancements in technology and a surge in research activities in order to enhance the availability and effectiveness of organic pigments for end users are fueling the organic pigment market growth during the study period. For example, in October 2023, researchers at the Department of Physics and Chemistry at Daegu Gyeongbuk Institute of Science and Technology (DGIST) developed a groundbreaking method known as Progressive Assembly on Initiator-Loaded Template Technology. This innovative approach enables the production of multifunctional organic pigments by mimicking the natural formation processes of organic melanin, allowing for precise control over pigment properties and applications. Such technological progress underscores the growing potential and sophistication of organic pigments in meeting diverse consumer needs.

Increasing infrastructure projects globally and strict government regulations for towards toxic chemicals is fueling the organic pigment market growth during the forecast period. Growing investment in infrastructure projects has increase the adoption of sustainable paint options by major countries leading to the increase ion demand for the organic pigments. Consequently, due to the factors mentioned above is fueling the organic pigment market during the study period.

Organic Pigments Market Report Highlights

Natural segment is anticipated to witness the highest growth over the study period, due to easy availability of raw materials and cost effectiveness.

High-performance pigments segment garnered the largest share in 2023, owing to their ability to offer durability and protection from water and UV rays.

Paints & coatings segment accounted for the largest share largest share in 2023, due to the growing demand for sustainable solution and growing infrastructure projects.

Europe is projected to register the fastest CAGR during the forecast period, this growth is attributed to the stringent environmental regulations towards toxic chemicals.

The global players include Anshan Hifichem, Asahi Songwon Colors, Dainichiseika Color & Chemicals, DIC Corporation, Heubach, Lily, & Longkou Union Chemical.

Polaris Market Research has segmented the organic pigments market report based on source, type, application, and region:

By Source Outlook (Revenue - USD Billion, 2019 - 2032)

Synthetic
Natural

By Type Outlook (Revenue - USD Billion, 2019 - 2032)

Azo Pigments
Phthalocyanine Pigments
High performance pigments (HPPs)
Other Types

By Application Outlook (Revenue - USD Billion, 2019 - 2032)

Printing inks
Paints & coatings
Plastics
Other Applications

By Regional Outlook (Revenue - USD Billion, 2019 - 2032)

North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa

Product Code: PM5108

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Organic Pigment Market Insights

4.1. Organic Pigment Market - Market Snapshot
4.2. Organic Pigment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Adoption of Sustainable Paints is Driving Market Growth
  - 4.2.1.2. Increasing Investment in Sector is Propelling Market Size
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Lack of Resources
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Organic Pigment Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Organic Pigment Market, by Source

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Organic Pigment Market, by Source, 2019-2032 (USD billion)
5.3. Synthetic
- 5.3.1. Global Organic Pigment Market, by Synthetic, by Region, 2019-2032 (USD billion)
5.4. Natural
- 5.4.1. Global Organic Pigment Market, by Natural, by Region, 2019-2032 (USD billion)

6. Global Organic Pigment Market, by Type

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Organic Pigment Market, by Type, 2019-2032 (USD billion)
6.3. Azo Pigments
- 6.3.1. Global Organic Pigment Market, by Azo Pigments, by Region, 2019-2032 (USD billion)
6.4. Phthalocyanine Pigments
- 6.4.1. Global Organic Pigment Market, by Phthalocyanine Pigments, by Region, 2019-2032 (USD billion)
6.5. High performance pigments (HPPs)
- 6.5.1. Global Organic Pigment Market, by Phthalocyanine Pigments, by Region, 2019-2032 (USD billion)
6.6. Other Type
- 6.6.1. Global Organic Pigment Market, by Other Type, by Region, 2019-2032 (USD billion)

7. Global Organic Pigment Market, by Application

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Organic Pigment Market, by Application, 2019-2032 (USD billion)
7.3. Printing inks
- 7.3.1. Global Organic Pigment Market, by Printing inks, by Region, 2019-2032 (USD billion)
7.4. Paints & coatings
- 7.4.1. Global Organic Pigment Market, by Paints & coatings, by Region, 2019-2032 (USD billion)
7.5. Plastics
- 7.5.1. Global Organic Pigment Market, by Plastics, by Region, 2019-2032 (USD billion)
7.6. Other Application
- 7.6.1. Global Organic Pigment Market, by other application, by Region, 2019-2032 (USD billion)

8. Global Organic Pigment Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Organic Pigment Market Assessment, By Geography, 2019-2032 (USD billion)
8.3. Organic Pigment Market - North America
- 8.3.1. North America: Organic Pigment Market, by Source, 2019-2032 (USD billion)
- 8.3.2. North America: Organic Pigment Market, by Type, 2019-2032 (USD billion)
- 8.3.3. North America: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.3.4. Organic Pigment Market - U.S.
  - 8.3.4.1. U.S.: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.3.4.2. U.S.: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.3.4.3. U.S.: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.3.5. Organic Pigment Market - Canada
  - 8.3.5.1. Canada: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.3.5.2. Canada: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.3.5.3. Canada: Organic Pigment Market, by Application, 2019-2032 (USD billion)
8.4. Organic Pigment Market - Europe
- 8.4.1. Europe: Organic Pigment Market, by Source, 2019-2032 (USD billion)
- 8.4.2. Europe: Organic Pigment Market, by Type, 2019-2032 (USD billion)
- 8.4.3. Europe: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.4. Organic Pigment Market - UK
  - 8.4.4.1. UK: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.4.2. UK: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.4.3. UK: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.5. Organic Pigment Market - France
  - 8.4.5.1. France: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.5.2. France: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.5.3. France: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.6. Organic Pigment Market - Germany
  - 8.4.6.1. Germany: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.6.2. Germany: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.6.3. Germany: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.7. Organic Pigment Market - Italy
  - 8.4.7.1. Italy: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.7.2. Italy: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.7.3. Italy: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.8. Organic Pigment Market - Spain
  - 8.4.8.1. Spain: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.8.2. Spain: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.8.3. Spain: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.9. Organic Pigment Market - Netherlands
  - 8.4.9.1. Netherlands: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.9.2. Netherlands: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.9.3. Netherlands: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.10. Organic Pigment Market - Russia
  - 8.4.10.1. Russia: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.10.2. Russia: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.10.3. Russia: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.4.11. Organic Pigment Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.4.11.2. Rest of Europe: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.4.11.3. Rest of Europe: Organic Pigment Market, by Application, 2019-2032 (USD billion)
8.5. Organic Pigment Market - Asia Pacific
- 8.5.1. Asia Pacific: Organic Pigment Market, by Source, 2019-2032 (USD billion)
- 8.5.2. Asia Pacific: Organic Pigment Market, by Type, 2019-2032 (USD billion)
- 8.5.3. Asia Pacific: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.4. Organic Pigment Market - China
  - 8.5.4.1. China: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.4.2. China: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.4.3. China: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.5. Organic Pigment Market - India
  - 8.5.5.1. India: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.5.2. India: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.5.3. India: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.6. Organic Pigment Market - Malaysia
  - 8.5.6.1. Malaysia: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.6.2. Malaysia: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.6.3. Malaysia: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.7. Organic Pigment Market - Japan
  - 8.5.7.1. Japan: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.7.2. Japan: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.7.3. Japan: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.8. Organic Pigment Market - Indonesia
  - 8.5.8.1. Indonesia: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.8.2. Indonesia: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.8.3. Indonesia: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.9. Organic Pigment Market - South Korea
  - 8.5.9.1. South Korea: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.9.2. South Korea: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.9.3. South Korea: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.10. Organic Pigment Market - Australia
  - 8.5.10.1. Australia: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.10.2. Australia: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.10.3. Australia: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.5.11. Organic Pigment Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.5.11.2. Rest of Asia Pacific: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.5.11.3. Rest of Asia Pacific: Organic Pigment Market, by Application, 2019-2032 (USD billion)
8.6. Organic Pigment Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Organic Pigment Market, by Source, 2019-2032 (USD billion)
- 8.6.2. Middle East & Africa: Organic Pigment Market, by Type, 2019-2032 (USD billion)
- 8.6.3. Middle East & Africa: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.6.4. Organic Pigment Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.6.4.2. Saudi Arabia: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.6.4.3. Saudi Arabia: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.6.5. Organic Pigment Market - UAE
  - 8.6.5.1. UAE: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.6.5.2. UAE: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.6.5.3. UAE: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.6.6. Organic Pigment Market - Israel
  - 8.6.6.1. Israel: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.6.6.2. Israel: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.6.6.3. Israel: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.6.7. Organic Pigment Market - South Africa
  - 8.6.7.1. South Africa: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.6.7.2. South Africa: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.6.7.3. South Africa: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.6.8. Organic Pigment Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.6.8.2. Rest of Middle East & Africa: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.6.8.3. Rest of Middle East & Africa: Organic Pigment Market, by Application, 2019-2032 (USD billion)
8.7. Organic Pigment Market - Latin America
- 8.7.1. Latin America: Organic Pigment Market, by Source, 2019-2032 (USD billion)
- 8.7.2. Latin America: Organic Pigment Market, by Type, 2019-2032 (USD billion)
- 8.7.3. Latin America: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.7.4. Organic Pigment Market - Mexico
  - 8.7.4.1. Mexico: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.7.4.2. Mexico: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.7.4.3. Mexico: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.7.5. Organic Pigment Market - Brazil
  - 8.7.5.1. Brazil: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.7.5.2. Brazil: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.7.5.3. Brazil: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.7.6. Organic Pigment Market - Argentina
  - 8.7.6.1. Argentina: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.7.6.2. Argentina: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.7.6.3. Argentina: Organic Pigment Market, by Application, 2019-2032 (USD billion)
- 8.7.7. Organic Pigment Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Organic Pigment Market, by Source, 2019-2032 (USD billion)
  - 8.7.7.2. Rest of Latin America: Organic Pigment Market, by Type, 2019-2032 (USD billion)
  - 8.7.7.3. Rest of Latin America: Organic Pigment Market, by Application, 2019-2032 (USD billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. Anshan Hifichem Co., Ltd.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. Asahi Songwon Colors Ltd.
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Dainichiseika Color & Chemicals Mfg. Co., Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. DIC Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Heubach GmbH
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. Lily Group Co. Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Longkou Union Chemical Co., Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Meghmani Organics Ltd.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Sudarshan Chemical Industries Limited
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
10.10. Sunlour Pigment Co., Ltd.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development