All updated as on -
The worldwide pigments market will be worth US$ 69.4 billion by the end of 2030, up from an estimated US$ 39.28 billion in 2023.
Pigments are used to add color to materials that don't dissolve easily, such as paint, ink, plastic, paper, cosmetics, rubber, concrete, tiles, and more. They play a crucial role in our regular activities. Pigments come in a wide variety of colors and names, such as Prussian blue, azo pigments, ultramarine, mica powder, YInMn blue, and Alizarin crimson. Pigments give substrates their brilliant colors, improving the aesthetic value of the final product. When exposed to light, the electrons in pigment molecules shift to different energy levels. The appearance of color is due to their capacity to reflect or absorb light at different wavelengths. Pigments add a variety of desirable attributes to vehicle coatings, including tinting strength, brightness, and fastness, and assist boost the coatings' aesthetic appeal. Pigments are used in vehicle coatings because they assist the coatings to be more opaque, glossy, long lasting, heat and light resistant, and provide a fantastic color impact.
Pigments are compounds that impart color to a wide range of media by absorbing or reflecting light at specific wavelengths. They are insoluble in the media in which they are used, being finely ground powders or particles. Paints, coatings, plastics, inks, textiles, cosmetics, and building materials are just some of the many applications for pigments.
Organic and inorganic pigments are the two primary types of pigments. Carbon-based organic pigments can be obtained from various coal, petroleum, or plant materials. They come in a wide variety of hues and are praised for their vividness, tinting power, and durability. In contrast, inorganic pigments are not plant-based but rather mineral-based chemicals, whether they be mined or synthesized. They offer a wide spectrum of hues and are highly prized for their stability under heat and light as well as their resistance to chemicals.
Rapid urbanization has occurred in both developed and developing countries like the United States, China, India, and others due to a rise in the working-age population. Because of this, forthcoming infrastructure projects have seen an increase in government investment on the building and construction sector. For instance, in 2021, infrastructure operations attracted 13% of all FDI inflows, as stated in a study by the National Investment Promotion and Facilitation Agency. The expansion of the building and construction industry is being aided by the rapid improvement of infrastructure in the areas of water supply, sanitation, urban transportation, education, and healthcare.
The plastics sector makes extensive use of pigments for a number of applications. Pigments give a wide range of color options, allowing plastic makers to create goods in a wide variety of hues and tones, which is one of the main reasons for employing pigments in plastics. Pigments play a crucial role in the plastics sector, since they are used for everything from coloring and branding to UV resistance and hiding qualities to product identification and safety. They improve plastic items in terms of aesthetics, functionality, and commercial appeal. The combined effects of these variables are expected to boost the pigments market throughout the forecast time frame.
However, conventionally sourced pigments have an especially negative effect on the environment. Heavy metals and other toxic compounds may be present in some pigments, posing risks to ecosystems and human health. Conventional pigment makers face hurdles due to strict environmental restrictions and rising consumer demand for eco-friendly alternatives. This may be a factor that slows the pigment market within the predicted time frame. In addition, there are strict health and safety restrictions for pigments used in diverse applications like cosmetics and food packaging. Market expansion and availability may be influenced by regulatory compliance, which may impose restrictions on certain pigments or limit their use in particular applications.
Report Coverage
Global Pigments research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pigments report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pigments competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pigments market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pigments market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pigments market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ferro Corporation, DIC CORPORATION, CLARIANT, KRONOS Worldwide, Inc., LANXESS, The Chemours Company, Venator Materials PLC, Gharda Chemicals Limited, Tronox Holdings Plc, BASF SE, CPS Color AG, Kronos Worldwide Inc., LANXESS AG, Cristal, Tronox Ltd., Lonsen, RIKA Technology Co., Ltd., Dainichiseika Color & Chemicals Mfg., Co., Ltd., Toyo Ink Mfg. Co. Ltd.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pigments market based on the below-mentioned segments:
Global Pigments Market, By Product Type
Organic Pigments
Inorganic Pigments
Specialty Pigments
Global Pigments market, By Application
Paints and Coatings
Plastics
Printing Inks
Construction Materials
Others
Global Pigments market, Regional Analysis
Pigments are used to add color to materials that don't dissolve easily, such as paint, ink, plastic, paper, cosmetics, rubber, concrete, tiles, and more. They play a crucial role in our regular activities. Pigments come in a wide variety of colors and names, such as Prussian blue, azo pigments, ultramarine, mica powder, YInMn blue, and Alizarin crimson. Pigments give substrates their brilliant colors, improving the aesthetic value of the final product. When exposed to light, the electrons in pigment molecules shift to different energy levels. The appearance of color is due to their capacity to reflect or absorb light at different wavelengths. Pigments add a variety of desirable attributes to vehicle coatings, including tinting strength, brightness, and fastness, and assist boost the coatings' aesthetic appeal. Pigments are used in vehicle coatings because they assist the coatings to be more opaque, glossy, long lasting, heat and light resistant, and provide a fantastic color impact.
Pigments are compounds that impart color to a wide range of media by absorbing or reflecting light at specific wavelengths. They are insoluble in the media in which they are used, being finely ground powders or particles. Paints, coatings, plastics, inks, textiles, cosmetics, and building materials are just some of the many applications for pigments.
Organic and inorganic pigments are the two primary types of pigments. Carbon-based organic pigments can be obtained from various coal, petroleum, or plant materials. They come in a wide variety of hues and are praised for their vividness, tinting power, and durability. In contrast, inorganic pigments are not plant-based but rather mineral-based chemicals, whether they be mined or synthesized. They offer a wide spectrum of hues and are highly prized for their stability under heat and light as well as their resistance to chemicals.
Rapid urbanization has occurred in both developed and developing countries like the United States, China, India, and others due to a rise in the working-age population. Because of this, forthcoming infrastructure projects have seen an increase in government investment on the building and construction sector. For instance, in 2021, infrastructure operations attracted 13% of all FDI inflows, as stated in a study by the National Investment Promotion and Facilitation Agency. The expansion of the building and construction industry is being aided by the rapid improvement of infrastructure in the areas of water supply, sanitation, urban transportation, education, and healthcare.
The plastics sector makes extensive use of pigments for a number of applications. Pigments give a wide range of color options, allowing plastic makers to create goods in a wide variety of hues and tones, which is one of the main reasons for employing pigments in plastics. Pigments play a crucial role in the plastics sector, since they are used for everything from coloring and branding to UV resistance and hiding qualities to product identification and safety. They improve plastic items in terms of aesthetics, functionality, and commercial appeal. The combined effects of these variables are expected to boost the pigments market throughout the forecast time frame.
However, conventionally sourced pigments have an especially negative effect on the environment. Heavy metals and other toxic compounds may be present in some pigments, posing risks to ecosystems and human health. Conventional pigment makers face hurdles due to strict environmental restrictions and rising consumer demand for eco-friendly alternatives. This may be a factor that slows the pigment market within the predicted time frame. In addition, there are strict health and safety restrictions for pigments used in diverse applications like cosmetics and food packaging. Market expansion and availability may be influenced by regulatory compliance, which may impose restrictions on certain pigments or limit their use in particular applications.
Report Coverage
Global Pigments research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Pigments report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Pigments competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Pigments market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ferro Corporation, DIC CORPORATION, CLARIANT, KRONOS Worldwide, Inc., LANXESS, The Chemours Company, Venator Materials PLC, Gharda Chemicals Limited, Tronox Holdings Plc, BASF SE, CPS Color AG, Kronos Worldwide Inc., LANXESS AG, Cristal, Tronox Ltd., Lonsen, RIKA Technology Co., Ltd., Dainichiseika Color & Chemicals Mfg., Co., Ltd., Toyo Ink Mfg. Co. Ltd. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Pigments Market from 2021 to 2030.
- Market Forecast for Pigments Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Pigments competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Pigments
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Pigments market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Pigments market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ferro Corporation, DIC CORPORATION, CLARIANT, KRONOS Worldwide, Inc., LANXESS, The Chemours Company, Venator Materials PLC, Gharda Chemicals Limited, Tronox Holdings Plc, BASF SE, CPS Color AG, Kronos Worldwide Inc., LANXESS AG, Cristal, Tronox Ltd., Lonsen, RIKA Technology Co., Ltd., Dainichiseika Color & Chemicals Mfg., Co., Ltd., Toyo Ink Mfg. Co. Ltd.
Primary Target Market
- Market Players of Pigments
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Pigments market based on the below-mentioned segments:
Global Pigments Market, By Product Type
Organic Pigments
Inorganic Pigments
Specialty Pigments
Global Pigments market, By Application
Paints and Coatings
Plastics
Printing Inks
Construction Materials
Others
Global Pigments market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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