Organic Pigments Market
Organic Pigments Market Study by Azo Pigments, Phthalocyanine Pigments, and High-Performance Pigments from 2023 to 2033
Analysis of Organic Pigments market covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Organic Pigments Market Outlook (2023 to 2033)
The global organic pigments market to grow from US$ 4.3 billion in 2023 to US$ 6.5 billion in 2033. This represents a CAGR of over 4.0% from 2023 to 2033.
Natural pigments are gaining traction, they are sustainable and comply with environmental regulations for use in a variety of applications. In addition, prolonged exposure these does not pose any health hazards for humans.
Report Attributes | Details |
---|---|
Organic Pigments Market Size (2022A) | US$ 4.2 Billion |
Estimated Market Value (2023E) | US$ 4.3 Billion |
Forecasted Market Value (2033F) | US$ 6.5 Billion |
Global Market Growth Rate (2023 to 2033) | 4.0% CAGR |
East Asia Market Share (2022) | 26.0% |
Key Companies Profiled | BASF SE; Clariant AG; Dominion Colour Corporation; Ferro Corporation; Heubach GmbH; Sudarshan Chemical Industries Ltd.; Sun Chemical Corporation; DIC Corporation; Pidilite Industries Ltd.; Toyocolor Co. Ltd.; Sensient Technologies Corporation; Trust Chem Co. Ltd.; LANXESS AG |
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Market Dynamics Analysis in Projected Timeframe
Demand for high-performance organic pigments will rise as consumers become more environmentally conscious. Organic pigments are extensively used in niche applications like the production of advertising and packaging leaflets and catalogs due to their ability to produce vivid colors that can be targeted strategically to ensure growth.
The high-performance pigments market category of organic pigments is projected to have favorable growth as end users require coloring agents with more specialized qualities including transparency, color strength, and photosensitivity.
- Growth Factors for Short Term (2023 to 2026): Natural dyes are a one-stop solution for both producers as well as regional governments to reach the goals of sustainability and pollution free. Thus, the demand is expected to surge at a high pace.
- Factors for Medium-Term Growth (2026 to 2029): The dyeing industry is slowly/gradually moving towards procuring natural ingredients to reduce the dependency on synthetic ingredients. This is primarily due to a change in consumer inclination toward purchasing eco-dyeing wear.
- Long-Term Growth Opportunities (2029 to 2033): Rising demand for packaged food across the globe and an increase in urbanization have led to a boost in demand for confectionaries across the globe. This has induced the demand for the pigments used in food and beverage packaging applications.
According to Fact.MR, the market for organic pigments has grown at a CAGR of 3.0% from 2018 to 2022 and is expected to grow at a CAGR of 4.0% from 2023 to 2033
Factor’s contributing to Organic Pigments Market Expansion
“Burgeoning Demand from Paint & Coating Manufacturers”
With the rapid increase in urbanization, industries belonging to various domains have faced unmatchable growth in terms of quality and quantity. Paint and coating business opportunities that occurred in past have relatively increased the demand for industrial-grade organic dyes and pigments.
Therefore, various well-established and newly grown chemical manufacturers got clear insights from the aforementioned factors that in the upcoming decade organic pigments and dyes are going to face stupendous growth raised by local and international players in the paint and coating hub.
The reason behind such an upsurge is truly based on resentment shown by government entities and environment-based organizations towards pollution created during the manufacturing process and the usage of synthetic dyes or pigments in various end-use industries.
“Shift towards Natural and Organic Dyes to Drive Organic Pigment Market”
With trends followed in the past 5 years, clear factors came up in the domain of pigments and dyes which explained why the transition phase came across from synthetic to organic-based coloring products. Around 70.0% of synthetic dyes manufactured worldwide comprise harmful chemicals and elements such as chromium, mercury, lead, and others.
The excessive usage of synthetic pigments and dyes in the textile industry for the last so many years led to a situation where skin cancers became more frequent among that percentage of the population that use jeans and denim-based clothes in a continuous manner.
This excessive contact between synthetic dye and sensitive skin led to skin cancer, therefore it negatively impacted the demand and supply chain of synthetic dyes. This transposition in consumer behavior towards synthetic dye proved to be a boon for natural and bio-based dye.
“Risk Exposed Raw Material Sourcing Channels Might Create a Roadblock”
Synthetic and organic pigments differ in terms of cost and time allocated to their production. Ingredients included in the production of natural and bio-based pigments are costly compared to metal composites used in synthetic pigment production.
In context to production time, few bio-based pigments require some sort of fermentation process which led to excessive time consumption when compared with synthetic colorants.
Moreover, less margin in terms of profit is incurred when it comes to the sale of organic pigments. The biggest restrain faced in this business is that the existing average price of bio-based pigment is high such that no further margin can be included in it. Therefore, if the production to selling cost of organic dyes and pigments is not managed properly, then growth in this segmental pigment business will be burdensome.
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Country-wise Insights for Organic Pigments Market
What is the Outlook for Demand for Organic Pigments in the U.S.?
In 2022, the U.S. market valuation exceeded US$ 1.5 billion. The high demand for organic pigments in the United States is due to strict regulations governing the use of metallic pigments in applications involving food contact materials. The market is expected to expand at a moderate pace over the forecast period.
Increased investment in organic pigment development across the value chain by natural organic pigment manufacturers is expected to have a positive impact on the growth of the anthraquinone pigment market during the forecast period.
The U.S., which aims for self-sufficiency, has a high market growth rate. Leading manufacturers of high-performance organic pigments in the U.S. are making heavy investments in R&D along with working towards product innovation. Increased use of triarylcarbonium pigments in the country has further boosted sales of organic pigments.
What are the Growth Opportunities for Organic Pigment Suppliers Across China?
By 2033, China's market size is expected to be around US$ 1.8 billion. Infrastructure and construction activities in China are growing rapidly, increasing the consumption of decorative coatings. Innovations and improvements are expected to increase the demand for plastics.
The Chinese market is anticipated to expand quickly. This is because of the growing emphasis on product design and development to satisfy the constantly shifting needs of developing technology and the growing number of quinophthalone pigment producers in the nation.
The above factors, coupled with government support, have contributed to the growing demand for organic pigments in China.
Category-wise Insights
How will Azo Pigments Stimulate Market Growth?
Diazine derivative pigments are another name for azo pigments. Azo pigments are those that impart colors like red, yellow, and orange, which are when oxidized with hydrazine. These pigments are essentially colorless earth clay minerals that transmit colors when treated with azo compounds
Pigment carriers have a significant impact on the lightfastness of azo pigments. It is anticipated that the paints and coatings industry will be the largest market for azo pigments due to the unparalleled demand from the worldwide construction industry.
Organic pigment producers anticipate that azo pigments will continue to be a significant market. Major azo pigment manufacturers anticipate revenue opportunities from the growing use of azo pigments in coatings and inks.
Recent color trends in the automotive and decorative coatings industry are driving the use of organic pigments, leading the market toward a profitable future.
Why are Organic Pigments Becoming Increasingly Popular in the Paints and Coatings Sector?
The paints and coatings industry, which is expected to grow at the fastest rate during the forecast period, uses organic pigments a lot.
Paints not only provide protection, but they also enhance the appearance of automobiles, electronics, buildings, and other surfaces. Through fine pigmentation, organic pigments impart bright color, excellent dispersion, and high tinting strength.
The automotive industry employs paints and coatings for both interior and exterior parts for decorative and protective purposes. The exteriors should be shielded from ultraviolet light and protected from heat, sunlight, scratches, water, alkaline solutions, and acids by the coatings that are applied.
Paints are used most frequently in the construction industry for furniture and architectural coatings. Furniture and wood are shielded from moisture and other spills by paints and coatings. Wood conveys naturalism, bringing together traditional and contemporary architectural styles. Coatings make furniture look beautiful and last for a long time.
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Key Strategies Followed by Key Manufacturers
Prominent organic pigments manufacturers are BASF SE, Clariant AG, Dominion Colour Corporation, DIC Corporation, Pidilite Industries Ltd., and many more.
Manufacturers positioned in US and Europe is focusing on lowering the cost of production and enhancing their product portfolio while on the other hand, Asia Pacific players are trying to augment their sales by channeling their products to tier-1 end-users.
Fact.MR has provided detailed information about the price points of key manufacturers of organic pigments positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.
Segmentation of Organic Pigments Industry Research
-
By Type :
- Azo Pigments
- Phthalocyanine Pigments
- High-Performance Pigments
-
By Application :
- Printing Inks
- Paints & Coatings
- Textiles
- Decorative Coatings
- Plastics & Rubber
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Market - Executive Summary
- 2. Market Overview
- 3. Market Background and Foundation Data
- 4. Global Demand (Tons) Analysis and Forecast
- 5. Global Market - Pricing Analysis
- 6. Global Market Value (US$ million) Analysis and Forecast
- 7. Global Market Analysis and Forecast, By Type
- 7.1. Azo Pigments
- 7.2. Phthalocyanine Pigments
- 7.3. High-Performance Pigments
- 8. Global Market Analysis and Forecast, By Application
- 8.1. Printing Inks
- 8.2. Paints & Coatings
- 8.3. Textiles
- 8.4. Decorative Coatings
- 8.5. Plastics & Rubber
- 9. Global Market Analysis and Forecast, By Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East & Africa
- 10. North America Market Analysis and Forecast
- 11. Latin America Market Analysis and Forecast
- 12. Europe Market Analysis and Forecast
- 13. East Asia Market Analysis and Forecast
- 14. South Asia & Oceania Market Analysis and Forecast
- 15. Middle East & Africa Market Analysis and Forecast
- 16. Country-level Market Analysis and Forecast
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. BASF SE
- 18.2. Clariant AG
- 18.3. Dominion Colour Corporation
- 18.4. Ferro Corporation
- 18.5. Heubach GmbH
- 18.6. Sudarshan Chemical Industries Ltd.
- 18.7. Sun Chemical Corporation
- 18.8. DIC Corporation
- 18.9. Pidilite Industries Ltd.
- 18.10. Synthesia
- 18.11. Toyocolor Co. Ltd.
- 18.12. Sensient Technologies Corporation
- 18.13. Trust Chem Co. Ltd.
- 18.14. LANXESS AG Co. Ltd.
- 19. Assumptions & Acronyms Used
- 20. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ million) by Region, 2018 to 2022
Table 2: Global Market Value (US$ million) and Forecast by Region, 2023 to 2033
Table 3: Global Market Volume (Tons) by Region, 2018 to 2022
Table 4: Global Market Volume (Tons) and Forecast by Region, 2023 to 2033
Table 5: Global Market Value (US$ million), By Type, 2018 to 2022
Table 6: Global Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 7: Global Market Volume (Tons), By Type, 2018 to 2022
Table 8: Global Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 9: Global Market Value (US$ million), By Application, 2018 to 2022
Table 10: Global Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 11: Global Market Volume (Tons), By Application, 2018 to 2022
Table 12: Global Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 13: North America Market Value (US$ million), by Country, 2018 to 2022
Table 14: North America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 15: North America Market Volume (Tons), by Country, 2018 to 2022
Table 16: North America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 17: North America Market Value (US$ million), By Type, 2018 to 2022
Table 18: North America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 19: North America Market Volume (Tons), By Type, 2018 to 2022
Table 20: North America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 21: North America Market Value (US$ million), By Application, 2018 to 2022
Table 22: North America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 23: North America Market Volume (Tons), By Application, 2018 to 2022
Table 24: North America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 25: Latin America Market Value (US$ million), by Country, 2018 to 2022
Table 26: Latin America Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 27: Latin America Market Volume (Tons), by Country, 2018 to 2022
Table 28: Latin America Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 29: Latin America Market Value (US$ million), By Type, 2018 to 2022
Table 30: Latin America Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 31: Latin America Market Volume (Tons), By Type, 2018 to 2022
Table 32: Latin America Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 33: Latin America Market Value (US$ million), By Application, 2018 to 2022
Table 34: Latin America Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 35: Latin America Market Volume (Tons), By Application, 2018 to 2022
Table 36: Latin America Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 37: Europe Market Value (US$ million), by Country, 2018 to 2022
Table 38: Europe Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 39: Europe Market Volume (Tons), by Country, 2018 to 2022
Table 40: Europe Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 41: Europe Market Value (US$ million), By Type, 2018 to 2022
Table 42: Europe Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 43: Europe Market Volume (Tons), By Type, 2018 to 2022
Table 44: Europe Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 45: Europe Market Value (US$ million), By Application, 2018 to 2022
Table 46: Europe Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 47: Europe Market Volume (Tons), By Application, 2018 to 2022
Table 48: Europe Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 49: East Asia Market Value (US$ million), by Country, 2018 to 2022
Table 50: East Asia Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 51: East Asia Market Volume (Tons), by Country, 2018 to 2022
Table 52: East Asia Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 53: East Asia Market Value (US$ million), By Type, 2018 to 2022
Table 54: East Asia Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 55: East Asia Market Volume (Tons), By Type, 2018 to 2022
Table 56: East Asia Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 57: East Asia Market Value (US$ million), By Application, 2018 to 2022
Table 58: East Asia Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 59: East Asia Market Volume (Tons), By Application, 2018 to 2022
Table 60: East Asia Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 61: South Asia & Oceania Market Value (US$ million), by Country, 2018 to 2022
Table 62: South Asia & Oceania Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 63: South Asia & Oceania Market Volume (Tons), by Country, 2018 to 2022
Table 64: South Asia & Oceania Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 65: South Asia & Oceania Market Value (US$ million), By Type, 2018 to 2022
Table 66: South Asia & Oceania Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 67: South Asia & Oceania Market Volume (Tons), By Type, 2018 to 2022
Table 68: South Asia & Oceania Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 69: South Asia & Oceania Market Value (US$ million), By Application, 2018 to 2022
Table 70: South Asia & Oceania Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 71: South Asia & Oceania Market Volume (Tons), By Application, 2018 to 2022
Table 72: South Asia & Oceania Market Volume (Tons) and Forecast By Application, 2023 to 2033
Table 73: MEA Market Value (US$ million), by Country, 2018 to 2022
Table 74: MEA Market Value (US$ million) and Forecast by Country, 2023 to 2033
Table 75: MEA Market Volume (Tons), by Country, 2018 to 2022
Table 76: MEA Market Volume (Tons) and Forecast by Country, 2023 to 2033
Table 77: MEA Market Value (US$ million), By Type, 2018 to 2022
Table 78: MEA Market Value (US$ million) and Forecast By Type, 2023 to 2033
Table 79: MEA Market Volume (Tons), By Type, 2018 to 2022
Table 80: MEA Market Volume (Tons) and Forecast By Type, 2023 to 2033
Table 81: MEA Market Value (US$ million), By Application, 2018 to 2022
Table 82: MEA Market Value (US$ million) and Forecast By Application, 2023 to 2033
Table 83: MEA Market Volume (Tons), By Application, 2018 to 2022
Table 84: MEA Market Volume (Tons) and Forecast By Application, 2023 to 2033
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List Of Figures
Figure 1: Global Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 2: Global Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 3: Global Market Value (US$ million) and Volume (Tons) by Region, 2023 & 2033
Figure 4: Global Market Y-o-Y Growth Rate by Region, 2023 to 2033
Figure 5: Global Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 6: Global Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 7: Global Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 8: Global Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 9: North America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 10: North America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 11: North America Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 12: North America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 13: North America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 14: North America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 15: North America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 16: North America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 17: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 18: North America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 19: North America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 20: Latin America Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 21: Latin America Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 22: Latin America Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 23: Latin America Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 24: Latin America Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 25: Latin America Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 26: Latin America Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 27: Latin America Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 28: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 29: Latin America Market Attractiveness Analysis By Type, 2023 to 2033
Figure 30: Latin America Market Attractiveness Analysis By Application, 2023 to 2033
Figure 31: Europe Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 32: Europe Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 33: Europe Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 34: Europe Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 35: Europe Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 36: Europe Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 37: Europe Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 38: Europe Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 39: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 40: Europe Market Attractiveness Analysis By Type, 2023 to 2033
Figure 41: Europe Market Attractiveness Analysis By Application, 2023 to 2033
Figure 42: East Asia Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 43: East Asia Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 44: East Asia Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 45: East Asia Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 46: East Asia Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 47: East Asia Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 48: East Asia Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 49: East Asia Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 50: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 51: East Asia Market Attractiveness Analysis By Type, 2023 to 2033
Figure 52: East Asia Market Attractiveness Analysis By Application, 2023 to 2033
Figure 53: South Asia & Oceania Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 54: South Asia & Oceania Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 55: South Asia & Oceania Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 56: South Asia & Oceania Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 57: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 58: South Asia & Oceania Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 59: South Asia & Oceania Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 60: South Asia & Oceania Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 61: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 62: South Asia & Oceania Market Attractiveness Analysis By Type, 2023 to 2033
Figure 63: South Asia & Oceania Market Attractiveness Analysis By Application, 2023 to 2033
Figure 64: MEA Market Value (US$ million) and Volume (Tons) Forecast, 2023 to 2033
Figure 65: MEA Market Absolute $ Opportunity (US$ million), 2023 to 2033
Figure 66: MEA Market Value (US$ million) and Volume (Tons), by Country, 2023 & 2033
Figure 67: MEA Market Y-o-Y Growth Rate by Country, 2023 to 2033
Figure 68: MEA Market Value (US$ million) and Volume (Tons) By Type, 2023 & 2033
Figure 69: MEA Market Y-o-Y Growth Rate By Type, 2023 to 2033
Figure 70: MEA Market Value (US$ million) and Volume (Tons) By Application, 2023 & 2033
Figure 71: MEA Market Y-o-Y Growth Rate By Application, 2023 to 2033
Figure 72: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 73: MEA Market Attractiveness Analysis By Type, 2023 to 2033
Figure 74: MEA Market Attractiveness Analysis By Application, 2023 to 2033
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- FAQs -
What is the Organic Pigments Market Estimated to Reach in 2023?
The market is expected to reach a valuation of around US$ 4.3 billion by 2023.
What is the Projected CAGR for the Organic Pigments Market from 2023 to 2033?
The market is expected to grow at a CAGR of 4.0% by the end of the forecast period.
What is the Primary Use of Organic Pigments?
40.0% of organic pigments are used in paints & coatings.
Who are the Leading Producers of Organic Pigment?
Clairant AG, Ferro Corporation, BASF SE, Sun Chemical Corporation, LANXESS AG are the key manufacturers of organic pigments, as per ratings on the basis of market share.
What was the Global Organic Pigments Market Size Reported by Fact.MR for 2022?
In 2022, the global market for organic pigments was worth US$ 4.2 billion.