The Organic Pigments Market is expected to grow from US$4,032.847 million in 2025 to US$5,453.098 million in 2030, at a CAGR of 6.22%.
Organic pigments are colored materials made from carbon chains with pigment properties. They are obtained from natural and synthetic sources, which provide intense and bright colors to the pigment. Organic pigments are preferred over conventional pigments as they provide a metallic finish and have an elastic property, as opposed to the other pigments.
The market demand for synthetic-based organic pigments is surging worldwide as they are increasingly being preferred by several industries such as paints and coatings, printing inks, textiles, automotive, electronics, etc. These pigments are preferred as they exhibit beneficial properties such as good chemical resistance and lightfastness, chemical stability, bright and strong color, and excellent transparency.
In addition, the growing demand for aesthetic and attractive packaging across the food and beverage industry is one of the major drivers of the organic pigments market due to the rapidly surging population and the increasing urbanization of the food and beverage industry across the globe. Moreover, the stringent regulations regarding the use of printing inks in food contact materials are also fueling the demand for organic pigments across this industry.
Also, the rising demand for high-performance pigments in the advertising, textile, automotive, and construction industries as these pigments have higher lightfastness, fastness to chemical exposure, weather-fastness, and heat stability than conventional pigments. Further, organic pigments have high color fastness and insolubility, which further gives them an edge over conventional pigments and will continue to bolster the growth of the organic pigments market during the forecast period.
Furthermore, the key market players have been investing in their organic pigments portfolio by launching new products, acquiring and merging with competitors, etc., which will further contribute to the market growth. For instance, in June 2021, DIC Corporation acquired BASF’s global pigments business, known as BASF Colors & Effects (BCE), to build a complementary portfolio of technologies, products, and manufacturing assets, supply chain, and customer service of the two companies to serve customers globally.
By application, the paintings and coatings segment is estimated to hold a dominant market share owing to the surging demand for decorative coatings, marine coatings, automotive coatings, and industrial coatings globally. Geographically, the North American region is estimated to hold the largest share owing to the strict regulations regarding the packaging and labeling of food and beverage products. Also, the Asia-Pacific region will grow at a high CAGR due to the increasing demand for organic pigments from several industries, such as packaging, automotive, and construction industries in the region.
The growing importance of marketing and branding in the business environment has encouraged companies to invest huge chunks of their budget in the advertising of their products, which in turn will drive the market growth of the organic pigment market during the forecast period. Also, to differentiate the product from the competitors, companies largely invest in the aesthetics of their packaging. The organic pigments are brighter, more colorful, and much more attractive, which prompts the end-user industries to use them over the conventional pigments, which will further bolster their market growth over the next few years.
The costs associated with organic pigments are much higher than those of conventional pigments, as these pigments are derived from natural sources. The organic pigments are produced on a small scale, which doesn’t allow the manufacturers to reap the benefits of economies of scale that the conventional pigment makers enjoy, which makes the process an expensive and time-consuming one and also increases the final price of the pigment. This may restrain the market growth in the long run, as small and medium businesses might not be able to afford these pigments due to budgetary constraints.
The market leaders for the wireless gas detection market consist of BASF SE, Clariant AG, Heubach GmbH, Toyocolor Co., Ltd., DIC Corporation, Ferro Corporation, Trust Chem Co., Ltd., Dainichiseika Color & Chemicals Manufacturing Co., Ltd., and Cathay Industries. The key players in the market implement growth strategies such as product launches, mergers, acquisitions, etc. to gain a competitive advantage over their competitors.
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Report Metric | Details |
| Organic Pigments Market Size in 2025 | US$4,032.847 million |
| Organic Pigments Market Size in 2030 | US$5,453.098 million |
| Growth Rate | CAGR of 6.22% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Million |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in the Organic Pigments Market |
|
| Customization Scope | Free report customization with purchase |
Organic Pigments Market Segmentation: