Organic Pigments Market Overview and Forecast by 2031
The Organic Pigments Market is expected to register a CAGR of 7% from 2024 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Type (Azo, Phthalocyanine, Quinacridone, Anthraquinone, and Others). The report is also segmented based on Category (Natural and Synthetic) and Application (Paints and Coatings, Plastics, Printing Inks, and Others). The report scope covers 5 regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America and key countries under each region. The global analysis is further broken-down at regional level and major countries. The Report Offers the Value in USD for the above analysis and segments.
Purpose of the ReportThe report Organic Pigments Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Organic Pigments Market Segmentation
Type- Azo
- Phthalocyanine
- Quinacridone
- Anthraquinone
- Natural
- Synthetic
Strategic Insights
Organic Pigments Market Growth Drivers- Growing Demand for Eco-friendly Products: The increasing demand for environmentally friendly products is a key driver for the organic pigments market. Organic pigments are considered safer and more sustainable compared to synthetic alternatives, as they are often derived from natural sources and are biodegradable. The growing consumer preference for eco-conscious products in industries such as paints, coatings, and textiles is fueling the market's expansion.
- Increasing Application in the Paints and Coatings Industry: Organic pigments are widely used in the paints and coatings industry due to their vibrant color, excellent performance, and eco-friendliness. With the rise in construction activities, automotive production, and industrial applications, the demand for high-quality paints and coatings is increasing. Organic pigments provide superior color fastness and chemical resistance, driving their adoption in various applications.
- Technological Advancements in Pigment Production: Advancements in pigment production technologies, including the development of high-performance organic pigments with improved properties such as lightfastness, weather resistance, and color intensity, are contributing to the growth of the organic pigments market. Innovations in production methods have also reduced production costs and improved scalability, making organic pigments a more attractive option for various industries.
- Rise in Demand for Natural and Bio-based Pigments: The trend toward using natural and bio-based pigments is growing as part of a broader shift toward sustainability. Consumers and manufacturers are seeking alternatives to synthetic pigments that are harmful to the environment. Organic pigments, especially those derived from plants and other renewable resources, are gaining popularity in industries like cosmetics, food, and textiles, as companies adopt greener, safer, and more sustainable options.
- Increased Use in the Cosmetics Industry: Organic pigments are becoming increasingly popular in the cosmetics industry for use in products like makeup, hair dyes, and skincare. These pigments are preferred for their safe and non-toxic properties compared to synthetic colorants. As the demand for natural and organic beauty products rises, the organic pigments market is experiencing growth in the cosmetics and personal care sector.
- Technological Innovation in Pigment Formulations: The continuous innovation in pigment formulations is driving the demand for organic pigments. Manufacturers are focusing on creating pigments that offer improved durability, resistance to UV radiation, and enhanced color stability. These advancements allow organic pigments to be used in more demanding applications such as automotive coatings and industrial paints, driving their market growth.
- Opportunities in Sustainable Packaging: With the growing trend toward sustainability, organic pigments are gaining traction in the packaging industry, particularly in the production of eco-friendly packaging materials. As consumer awareness of environmental issues increases, there is a shift toward packaging solutions that utilize biodegradable and non-toxic pigments. Organic pigments offer an opportunity for companies to create packaging that meets sustainability goals while maintaining aesthetic appeal.
- Opportunities in Emerging Markets: Emerging markets, particularly in Asia-Pacific, Latin America, and Africa, offer substantial growth opportunities for the organic pigments market. As industrialization and urbanization continue to accelerate in these regions, the demand for paints, coatings, textiles, and plastics, where organic pigments are used, is rising. The expanding middle class in these regions is also contributing to the demand for consumer products such as cosmetics and food, further driving the growth of the organic pigments market.
- Opportunities in the Textile Industry: The textile industry, particularly in fashion and home decor, offers significant opportunities for organic pigments. As consumer preferences shift toward sustainable and organic materials, the demand for eco-friendly dyes and pigments in textiles is growing. Organic pigments, known for their bright colors and environmentally friendly properties, are increasingly being used in the production of sustainable fabrics and apparel, which presents a promising opportunity for market growth.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Organic Pigments Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Organic Pigments Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
REGIONAL FRAMEWORK
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
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to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
Based on geography, Asia Pacific is expected to register the fastest CAGR from 2023 to 2031.
Development of innovative and eco-friendly formulations is one of the key opportunities for the market growth.
BASF SE, Heubach GmbH, DIC Corporation, Synthesia AS, Union Colors Ltd, Chemworld International Ltd Inc, Colorwen International Corp, Devine Chemicals Ltd, Sudarshan Chemical Industries Limited, and Vibrantz are among the leading players operating in the organic pigments market.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Increasing demand for environmentally friendly products is driving the market growth
The Organic Pigments Market is estimated to witness a CAGR of 7% from 2023 to 2031
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Organic Pigment Market - By Type
1.3.2 Organic Pigment Market - By Application
1.3.3 Organic Pigment Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ORGANIC PIGMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ORGANIC PIGMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ORGANIC PIGMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. ORGANIC PIGMENT - GLOBAL MARKET OVERVIEW
6.2. ORGANIC PIGMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ORGANIC PIGMENT MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. AZO PIGMENTS
7.3.1. Overview
7.3.2. AZO Pigments Market Forecast and Analysis
7.4. PHTHALOCYANINE PIGMENTS
7.4.1. Overview
7.4.2. Phthalocyanine Pigments Market Forecast and Analysis
7.5. HIGH PERFORMANCE PIGMENTS
7.5.1. Overview
7.5.2. High Performance Pigments Market Forecast and Analysis
7.6. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. ORGANIC PIGMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. PRINTING INKS
8.3.1. Overview
8.3.2. Printing Inks Market Forecast and Analysis
8.4. PAINTS AND COATINGS
8.4.1. Overview
8.4.2. Paints and Coatings Market Forecast and Analysis
8.5. PLASTICS
8.5.1. Overview
8.5.2. Plastics Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis
9. ORGANIC PIGMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Organic Pigment Market Overview
9.1.2 North America Organic Pigment Market Forecasts and Analysis
9.1.3 North America Organic Pigment Market Forecasts and Analysis - By Type
9.1.4 North America Organic Pigment Market Forecasts and Analysis - By Application
9.1.5 North America Organic Pigment Market Forecasts and Analysis - By Countries
9.1.5.1 Canada Organic Pigment Market
9.1.5.1.1 Canada Organic Pigment Market by Type
9.1.5.1.2 Canada Organic Pigment Market by Application
9.1.5.2 Mexico Organic Pigment Market
9.1.5.2.1 Mexico Organic Pigment Market by Type
9.1.5.2.2 Mexico Organic Pigment Market by Application
9.1.5.3 US Organic Pigment Market
9.1.5.3.1 US Organic Pigment Market by Type
9.1.5.3.2 US Organic Pigment Market by Application
9.2. EUROPE
9.2.1 Europe Organic Pigment Market Overview
9.2.2 Europe Organic Pigment Market Forecasts and Analysis
9.2.3 Europe Organic Pigment Market Forecasts and Analysis - By Type
9.2.4 Europe Organic Pigment Market Forecasts and Analysis - By Application
9.2.5 Europe Organic Pigment Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Organic Pigment Market
9.2.5.1.1 Germany Organic Pigment Market by Type
9.2.5.1.2 Germany Organic Pigment Market by Application
9.2.5.2 France Organic Pigment Market
9.2.5.2.1 France Organic Pigment Market by Type
9.2.5.2.2 France Organic Pigment Market by Application
9.2.5.3 Italy Organic Pigment Market
9.2.5.3.1 Italy Organic Pigment Market by Type
9.2.5.3.2 Italy Organic Pigment Market by Application
9.2.5.4 United Kingdom Organic Pigment Market
9.2.5.4.1 United Kingdom Organic Pigment Market by Type
9.2.5.4.2 United Kingdom Organic Pigment Market by Application
9.2.5.5 Russia Organic Pigment Market
9.2.5.5.1 Russia Organic Pigment Market by Type
9.2.5.5.2 Russia Organic Pigment Market by Application
9.2.5.6 Rest of Europe Organic Pigment Market
9.2.5.6.1 Rest of Europe Organic Pigment Market by Type
9.2.5.6.2 Rest of Europe Organic Pigment Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Organic Pigment Market Overview
9.3.2 Asia-Pacific Organic Pigment Market Forecasts and Analysis
9.3.3 Asia-Pacific Organic Pigment Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Organic Pigment Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Organic Pigment Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Organic Pigment Market
9.3.5.1.1 Australia Organic Pigment Market by Type
9.3.5.1.2 Australia Organic Pigment Market by Application
9.3.5.2 China Organic Pigment Market
9.3.5.2.1 China Organic Pigment Market by Type
9.3.5.2.2 China Organic Pigment Market by Application
9.3.5.3 India Organic Pigment Market
9.3.5.3.1 India Organic Pigment Market by Type
9.3.5.3.2 India Organic Pigment Market by Application
9.3.5.4 South Korea Organic Pigment Market
9.3.5.4.1 South Korea Organic Pigment Market by Type
9.3.5.4.2 South Korea Organic Pigment Market by Application
9.3.5.5 Rest of Asia-Pacific Organic Pigment Market
9.3.5.5.1 Rest of Asia-Pacific Organic Pigment Market by Type
9.3.5.5.2 Rest of Asia-Pacific Organic Pigment Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Organic Pigment Market Overview
9.4.2 Middle East and Africa Organic Pigment Market Forecasts and Analysis
9.4.3 Middle East and Africa Organic Pigment Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Organic Pigment Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Organic Pigment Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Organic Pigment Market
9.4.5.1.1 South Africa Organic Pigment Market by Type
9.4.5.1.2 South Africa Organic Pigment Market by Application
9.4.5.2 Saudi Arabia Organic Pigment Market
9.4.5.2.1 Saudi Arabia Organic Pigment Market by Type
9.4.5.2.2 Saudi Arabia Organic Pigment Market by Application
9.4.5.3 U.A.E Organic Pigment Market
9.4.5.3.1 U.A.E Organic Pigment Market by Type
9.4.5.3.2 U.A.E Organic Pigment Market by Application
9.4.5.4 Rest of Middle East and Africa Organic Pigment Market
9.4.5.4.1 Rest of Middle East and Africa Organic Pigment Market by Type
9.4.5.4.2 Rest of Middle East and Africa Organic Pigment Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Organic Pigment Market Overview
9.5.2 South and Central America Organic Pigment Market Forecasts and Analysis
9.5.3 South and Central America Organic Pigment Market Forecasts and Analysis - By Type
9.5.4 South and Central America Organic Pigment Market Forecasts and Analysis - By Application
9.5.5 South and Central America Organic Pigment Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Organic Pigment Market
9.5.5.1.1 Brazil Organic Pigment Market by Type
9.5.5.1.2 Brazil Organic Pigment Market by Application
9.5.5.2 Argentina Organic Pigment Market
9.5.5.2.1 Argentina Organic Pigment Market by Type
9.5.5.2.2 Argentina Organic Pigment Market by Application
9.5.5.3 Rest of South and Central America Organic Pigment Market
9.5.5.3.1 Rest of South and Central America Organic Pigment Market by Type
9.5.5.3.2 Rest of South and Central America Organic Pigment Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ORGANIC PIGMENT MARKET, KEY COMPANY PROFILES
11.1. BASF SE CORPORATION
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CLARIANT AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. DAINICHISEIKA COLOR AND CHEMICALS MFG. CO. LTD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. DIC CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DOMINION COLOUR CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. FERRO CORPORATION
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HEUBACH GMBH
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SUDARSHAN CHEMICAL INDUSTRIES LTD.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TOYOCOLOR CO. LTD.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. TRUST CHEM CO. LTD.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Basf Se Corporation
2. Clariant Ag
3. Dainichiseika Color and Chemicals Mfg. Co. Ltd.
4. Dic Corporation
5. Dominion Colour Corporation
6. Ferro Corporation
7. Heubach Gmbh
8. Sudarshan Chemical Industries Ltd.
9. Toyocolor Co. Ltd.
10. Trust Chem Co. Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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