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Organic pigments Market by Source (Synthetic and Natural), Type (Azo, Phthalocyanine, High-Performance Pigments(HPPs)), Application (Printing inks, Paints & Coatings, Plastics), and Region - Forecast to 2029

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    Report

  • 219 Pages
  • April 2024
  • Region: Global
  • Markets and Markets
  • ID: 5416599
Description Jump to:
The organic pigments market is projected to grow from USD 4.4 billion in 2024 to USD 6.0 billion by 2029, at a CAGR of 6.5% during the forecast period. Phthalocyanine pigments are blue and green pigments, which are insoluble and resistant to migration. They have several applications, ranging from printing inks and paints & coatings to plastics. However, these pigments are mainly used in printing inks and paints & coatings applications, as they provide bright, clean shades of blue and green and have excellent weather-fastness and lightfastness. Phthalocyanine pigments are losing market share, as some of the variants of this type of pigment show toxicity and can be carcinogenic.

The synthetic source of organic pigments dominated the overall market, in terms of value.

Global organic pigments market has been segmented on the basis of source into synthetic and natural. Synthetic pigments are the ones that utilize petroleum compounds, acids, and other chemicals, usually under high heat or pressure for manufacturing. They are generally synthesized using ring-based aromatic compounds. These chemicals produce almost infinite variations in the molecular structure. Among these limitless structures, the molecules with the least toxicity, the most color fastness, and the most economical ones are selected for manufacturing.

Plastics application of organic pigments accounted for third-largest market share the overall market, in terms of value.

In the plastics application, organic pigments offer excellent tinting strength, ease of dispersion, and high exterior durability. Apart from improving aesthetics and providing coloring effects, organic pigments enhance the stability of plastics. This increases their resistance to adverse weather conditions. They are extensively used in polyvinyl chloride and engineered resins, owing to broad compatibility and ease of processing. Some of the major exterior plastic applications of organic pigments include vinyl siding, fencing, outdoor furniture, and composite decking. Organic pigments are also used in a wide variety of extruded and injection-molded products.

During the forecast period, the organic pigments market in North America region is projected to register third-highest CAGR.

The growth of the organic pigments market in this region is mainly driven by the growing construction, automotive, and aerospace, and defense industries. The market in the region is characterized by the presence of established players with a wide geographical presence. Most of the players in the organic pigments market are from North America. The demand for organic pigments in the country is mainly generated by the growing printing and packaging industries. The country is witnessing huge demand for digital printing in the textile industry due to the ongoing revolution in the fashion industry and rapid adoption of digital printing against conventional printing, which, in turn, is expected to drive the growth of the organic pigments market in the printing inks application in the US.

This study has been validated through primary interviews with industry experts globally. These primary sources have been divided into the following three categories:

  • By Company Type- Tier 1 - 40%, Tier 2 - 33%, and Tier 3 - 27%
  • By Designation- C Level - 50%, Director Level - 30%, and Executives - 20%
  • By Region- North America - 15%, Europe - 50%, Asia Pacific (APAC) - 20%, Latin America - 5%, Middle East & Africa - 10%.

The report provides a comprehensive analysis of company profiles:

Prominent companies include DIC Corporation (Japan), Heubach GmbH (Germany), and Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Lily Group Co. Ltd. (China), Sunlour Pigment Co., Ltd. (China), Anshan Hifichem Co., Ltd. (China), Longkou Union Chemical Co., Ltd. (China), Meghmani Organics Ltd. (India), Asahi Songwon Colors Ltd. (India), and Sudarshan Chemical Industries Limited (India).

Reseach Coverage

This research report categorizes the Organic Pigments Market by Type (Azo Pigments, Phthalocyanine Pigments, HPPs and Other Types), Source (Synthetic and Natural), Application (Printing inks, Paints & Coatings, Plastics and Other Applications), and Region (North America, Europe, Asia Pacific, the Middle East & Africa, and South America). The scope of the report includes detailed information about the major factors influencing the growth of the organic pigments market, such as drivers, restraints, challenges, and opportunities. A thorough examination of the key industry players has been conducted in order to provide insights into their business overview, solutions, and services, key strategies, contracts, partnerships, and agreements. New product and service launches, mergers and acquisitions, and recent developments in the organic pigments market are all covered. This report includes a competitive analysis of upcoming startups in the organic pigments market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall organic pigments market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Efficient properties compared to inorganic pigments, Increasing restraints in food packaging applications), restraints (Higher cost of organic pigments, Increasing eco-friendly regulations and restrictions on raw materials), opportunities (Growing demand for HPPs), and challenges (Increasing environmental regulations) influencing the growth of the organic pigments market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the organic pigments market.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the organic pigments market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the organic pigments market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like DIC Corporation (Japan), Heubach GmbH (Germany), and Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Lily Group Co. Ltd. (China), Sunlour Pigment Co., Ltd. (China), Anshan Hifichem Co., Ltd. (China), Longkou Union Chemical Co., Ltd. (China), Meghmani Organics Ltd. (India), Asahi Songwon Colors Ltd. (India), and Sudarshan Chemical Industries Limited (India) among others in the organic pigments market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions & Exclusions
1.3 Study Scope
Figure 1 Organic Pigments: Market Segmentation
1.3.1 Regions Covered
1.3.2 Years Considered
1.4 Currency Considered
1.5 Units Considered
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
1.8.1 Impact of Recession
2 Research Methodology
2.1 Research Data
Figure 2 Organic Pigments Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data from Primary Sources
2.1.2.2 Key Primary Participants
2.1.2.3 Breakdown of Primary Interviews
2.1.2.4 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
2.3 Impact of Recession
2.4 Base Number Calculation
2.4.1 Approach 1: Supply-Side Analysis
Figure 5 Methodology for “Supply-Side” Sizing of Organic Pigments Market
2.4.2 Approach 2: Demand-Side Analysis
Figure 6 Methodology for “Demand-Side” Sizing of Organic Pigments Market
2.5 Market Forecast Approach
2.5.1 Supply Side
2.5.2 Demand Side
2.6 Data Triangulation
Figure 7 Organic Pigments Market: Data Triangulation
2.7 Factor Analysis
2.8 Research Assumptions
2.9 Research Limitations
2.10 Risk Assessment
3 Executive Summary
Figure 8 Hpps to Register Fastest Growth in Organic Pigments Market During Forecast Period
Figure 9 Synthetic Organic Pigments Dominated Market in 2023
Figure 10 Paints & Coatings Application to Lead Organic Pigments Market During 2024-2029
Figure 11 Asia-Pacific Led Organic Pigments Market in 2023
4 Premium Insights
4.1 Attractive Opportunities for Players in Organic Pigments Market
Figure 12 Moderate Growth Expected in Organic Pigments Market During Forecast Period
4.2 Organic Pigments Market, by Type and Region
Figure 13 Asia-Pacific and Azo Pigments Segment Accounted for Largest Shares in 2023
4.3 Organic Pigments Market, by Source
Figure 14 Synthetic Organic Pigments Accounted for Larger Share in 2023
4.4 Organic Pigments Market, by Application, 2024 vs. 2029
Figure 15 Printing Inks to Dominate Organic Pigments Market During Forecast Period
4.5 Organic Pigments Market Growth, by Key Country
Figure 16 China to be Fastest-Growing Organic Pigments Market During Forecast Period
5 Market Overview
5.1 Introductions
5.2 Market Dynamics
Figure 17 Drivers, Restraints, Opportunities, and Challenges in Organic Pigments Market
5.2.1 Drivers
5.2.1.1 Superior Properties Than Inorganic Pigments
Table 1 Automobile Production Statistics, by Country (2023)
Table 2 Automobile Production Statistics, by Region (2020)
5.2.1.2 High Demand for Enhanced Aesthetics
Table 3 General Properties of Organic and Inorganic Pigments
5.2.1.3 Increasing Restraints on Food Packaging Applications
5.2.2 Restraints
5.2.2.1 Increasing Restrictions on Raw Materials
Table 4 Risk Factors Related to Intermediaries of Organic Pigments
5.2.2.2 Higher Cost of Organic Pigments
5.2.3 Opportunities
5.2.3.1 Growing Demand from Color Filters
Table 5 Increase in Global Demand for Electronics That Utilize Lcd/Led Displays
5.2.3.2 Rising Demand for Hpps
5.2.4 Challenges
5.2.4.1 Low Supply
5.3 Porter's Five Forces Analysis
Figure 18 Organic Pigments Market: Porter's Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Buyers
5.3.4 Bargaining Power of Suppliers
5.3.5 Intensity of Competitive Rivalry
Table 6 Organic Pigments Market: Porter's Five Forces Analysis
5.4 Ecosystem Map
Figure 19 Ecosystem Map
Figure 20 Organic Pigments Market: Key Stakeholders in Ecosystem
5.5 Pricing Analysis
5.5.1 Average Selling Price, by Application (Key Players)
Figure 21 Average Selling Price for Top 3 Applications (USD/KG)
5.5.2 Average Selling Price, by Type
Figure 22 Average Selling Price Based on Type (USD/KG)
5.5.3 Average Selling Price, by Source
Figure 23 Average Selling Price Based on Source (USD/KG)
5.5.4 Average Selling Price, by Region
Table 7 Average Selling Price of Organic Pigments, by Region
5.6 Value Chain Analysis
Figure 24 Value Chain Analysis
5.7 Trade Analysis
5.7.1 Export Scenario for HS Code 320417
Figure 25 Export of Synthetic Organic Pigments, by Key Country, 2019-2023 (USD Thousand)
5.7.2 Import Scenario for HS Code 320417
Figure 26 Import of Synthetic Organic Pigments, by Key Country, 2019-2023 (USD Thousand)
5.8 Technology Analysis
5.9 Key Stakeholders and Buying Criteria
5.9.1 Key Stakeholders in Buying Process
Figure 27 Influence of Stakeholders on Buying Process for Top Three Applications
Table 8 Influence of Stakeholders on Buying Process for Top Three Applications
5.9.2 Buying Criteria
Figure 28 Key Buying Criteria for Top Three Applications
Table 9 Key Buying Criteria for Top Three Applications
5.10 Patent Analysis
5.10.1 Introduction
5.10.2 Methodology
5.10.3 Document Type
Table 10 Global Patents
Figure 29 Global Patent Analysis, by Document Type
Figure 30 Global Patent Publication Trend Analysis: Last 6 Years
5.10.4 Insights
5.10.5 Legal Status of Patents
Figure 31 Legal Status of Patents
5.10.6 Jurisdiction Analysis
Figure 32 Global Jurisdiction Analysis
5.10.7 Top Applicants' Analysis
Figure 33 Dainippon Ink & Chemicals Has Highest Number of Patents
5.10.8 Patents by Dainippon Ink & Chemicals
5.10.9 Patents by Mitsubishi Chem Corp
5.10.10 Patents by Dic Corporation
5.10.11 Top 10 Patent Owners in Last 10 Years
5.11 Regulatory Landscape
5.11.1 Regulatory Bodies, Government Agencies, and Other Organizations
Table 11 North America: Regulatory Bodies, Government Agencies, and Other Organizations
Table 12 Europe: Regulatory Bodies, Government Agencies, and Other Organizations
Table 13 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Organizations
Table 14 Rest of the World: List of Regulatory Bodies, Government Agencies, and Other Organizations
5.11.2 Standards in Organic Pigments Market
Table 15 Current Standard Codes for Organic Pigments
5.12 Key Conferences and Events, 2024-2025
Table 16 Key Conferences and Events, 2024-2025
5.13 Case Study Analysis
5.13.1 Case Study 1: Agreement Strategies by Dic Corporation to Cater to Growing Demand for Organic Pigments
5.13.2 Case Study 2: Business Expansion by Lily Group Co Ltd.
5.14 Trends and Disruptions Impacting Customer Business
Figure 34 Revenue Shift of Organic Pigments Market
5.15 Organic Pigments Investment Landscape
Figure 35 Investor Deals and Funding in Global Organic Pigments Market Soared in 2023
5.16 Company Valuation
Figure 36 Most Valued Organic Pigments Firms in 2023 (USD Billion)
6 Organic Pigments Market, by Application
6.1 Introduction
Figure 37 Paints & Coatings Segment to Lead Market During Forecast Period
Table 17 Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 18 Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 19 Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 20 Organic Pigments Market, by Application, 2024-2029 (USD Million)
6.2 Printing Inks
6.2.1 Wide Usage in Food Packaging to Drive Demand
Table 21 Organic Pigments Market in Printing Inks Application, by Region, 2020-2023 (Kiloton)
Table 22 Organic Pigments Market in Printing Inks Application, by Region, 2020-2023 (USD Million)
Table 23 Organic Pigments Market in Printing Inks Application, by Region, 2024-2029 (Kiloton)
Table 24 Organic Pigments Market in Printing Inks Application, by Region, 2024-2029 (USD Million)
6.3 Paints & Coatings
6.3.1 Wide Usage in Decorative Coatings to Drive Demand
Figure 38 Asia-Pacific to Lead Organic Pigments Market for Paints & Coatings Application
Table 25 Organic Pigments Market in Paints & Coatings Application, by Region, 2020-2023 (Kiloton)
Table 26 Organic Pigments Market in Paints & Coatings Application, by Region, 2020-2023 (USD Million)
Table 27 Organic Pigments Market in Paints & Coatings Application, by Region, 2024-2029 (Kiloton)
Table 28 Organic Pigments Market in Paints & Coatings Application, by Region, 2024-2029 (USD Million)
6.4 Plastics
6.4.1 Ease of Processing to Drive Market
Table 29 Organic Pigments Market in Plastics Application, by Region, 2020-2023 (Kiloton)
Table 30 Organic Pigments Market in Plastics Application, by Region, 2020-2023 (USD Million)
Table 31 Organic Pigments Market in Plastics Application, by Region, 2024-2029 (Kiloton)
Table 32 Organic Pigments Market in Plastics Application, by Region, 2024-2029 (USD Million)
6.5 Other Applications
Table 33 Organic Pigments Market in Other Applications, by Region, 2020-2023 (Kiloton)
Table 34 Organic Pigments Market in Other Applications, by Region, 2020-2023 (USD Million)
Table 35 Organic Pigments Market in Other Applications, by Region, 2024-2029 (Kiloton)
Table 36 Organic Pigments Market in Other Applications, by Region, 2024-2029 (USD Million)
7 Organic Pigments Market, by Source
7.1 Introduction
Figure 39 Synthetic Segment to Dominate Market During Forecast Period
Table 37 Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 38 Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 39 Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 40 Organic Pigments Market, by Source, 2024-2029 (USD Million)
7.2 Synthetic
7.2.1 Dominated Market with Significant Market Share
Figure 40 Asia-Pacific to Lead Organic Pigments Market in Synthetic Segment
Table 41 Synthetic: Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 42 Synthetic: Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 43 Synthetic: Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 44 Synthetic: Organic Pigments Market, by Region, 2024-2029 (USD Million)
7.3 Natural
7.3.1 Expected to Grow at Higher CAGR
Figure 41 Asia-Pacific to Lead Organic Pigments Market in Natural Segment
Table 45 Natural: Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 46 Natural: Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 47 Natural: Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 48 Natural: Organic Pigments Market, by Region, 2024-2029 (USD Million)
8 Organic Pigments Market, by Type
8.1 Introduction
Figure 42 Hpps to Witness Fastest Growth During Forecast Period
Table 49 Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 50 Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 51 Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 52 Organic Pigments Market, by Type, 2024-2029 (USD Million)
8.2 Azo Pigments
8.2.1 Most Diverse Group of Synthetic Organic Pigments
Figure 43 Asia-Pacific to Lead Azo Organic Pigments Market
Table 53 Azo Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 54 Azo Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 55 Azo Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 56 Azo Organic Pigments Market, by Region, 2024-2029 (USD Million)
8.3 Phthalocyanine Pigments
8.3.1 Wide Usage in Printing Inks and Paints & Coatings Applications to Drive Market
Table 57 Phthalocyanine Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 58 Phthalocyanine Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 59 Phthalocyanine Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 60 Phthalocyanine Organic Pigments Market, by Region, 2024-2029 (USD Million)
8.4 High-Performance Pigments (Hpps)
8.4.1 Projected to Grow at Highest CAGR
Table 61 Hpps: Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 62 Hpps: Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 63 Hpps: Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 64 Hpps: Organic Pigments Market, by Region, 2024-2029 (USD Million)
8.5 Other Types
Table 65 Other Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 66 Other Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 67 Other Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 68 Other Organic Pigments Market, by Region, 2024-2029 (USD Million)
9 Organic Pigments Market, by Region
9.1 Introduction
Figure 44 China to be Fastest-Growing Country in Organic Pigments Market
Table 69 Organic Pigments Market, by Region, 2020-2023 (Kiloton)
Table 70 Organic Pigments Market, by Region, 2020-2023 (USD Million)
Table 71 Organic Pigments Market, by Region, 2024-2029 (Kiloton)
Table 72 Organic Pigments Market, by Region, 2024-2029 (USD Million)
9.2 North America
9.2.1 Recession Impact
Figure 45 North America: Organic Pigments Market Snapshot
9.2.2 North America: Organic Pigments Market, by Type
Table 73 North America: Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 74 North America: Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 75 North America: Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 76 North America: Organic Pigments Market, by Type, 2024-2029 (USD Million)
9.2.3 North America: Organic Pigments Market, by Source
Table 77 North America: Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 78 North America: Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 79 North America: Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 80 North America: Organic Pigments Market, by Source, 2024-2029 (USD Million)
9.2.4 North America: Organic Pigments Market, by Application
Table 81 North America: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 82 North America: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 83 North America: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 84 North America: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.2.5 North America: Organic Pigments Market, by Country
Table 85 North America: Organic Pigments Market, by Country, 2020-2023 (Kiloton)
Table 86 North America: Organic Pigments Market, by Country, 2020-2023 (USD Million)
Table 87 North America: Organic Pigments Market, by Country, 2024-2029 (Kiloton)
Table 88 North America: Organic Pigments Market, by Country, 2024-2029 (USD Million)
9.2.5.1 US
9.2.5.1.1 Increasing Packaged Food Consumption to Drive Demand
Table 89 US: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 90 US: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 91 US: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 92 US: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.2.5.2 Mexico
9.2.5.2.1 High Demand from Plastics Application to Drive Market
Table 93 Mexico: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 94 Mexico: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 95 Mexico: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 96 Mexico: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.2.5.3 Canada
9.2.5.3.1 High Demand from Printing Inks Application to Drive Market
Table 97 Canada: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 98 Canada: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 99 Canada: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 100 Canada: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3 Europe
9.3.1 Recession Impact
Figure 46 Europe: Organic Pigments Market Snapshot
9.3.2 Europe: Organic Pigments Market, by Type
Table 101 Europe: Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 102 Europe: Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 103 Europe: Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 104 Europe: Organic Pigments Market, by Type, 2024-2029 (USD Million)
9.3.3 Europe: Organic Pigments Market, by Source
Table 105 Europe: Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 106 Europe: Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 107 Europe: Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 108 Europe: Organic Pigments Market, by Source, 2024-2029 (USD Million)
9.3.4 Europe: Organic Pigments Market, by Application
Table 109 Europe: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 110 Europe: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 111 Europe: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 112 Europe: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5 Europe: Organic Pigments Market, by Country
Table 113 Europe: Organic Pigments Market, by Country, 2020-2023 (Kiloton)
Table 114 Europe: Organic Pigments Market, by Country, 2020-2023 (USD Million)
Table 115 Europe: Organic Pigments Market, by Country, 2024-2029 (Kiloton)
Table 116 Europe: Organic Pigments Market, by Country, 2024-2029 (USD Million)
9.3.5.1 Germany
9.3.5.1.1 High Usage of Organic Pigments in Automotive Industry to Drive Demand
Table 117 Germany: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 118 Germany: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 119 Germany: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 120 Germany: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5.2 France
9.3.5.2.1 High Growth of Organic Pigments in Paints & Coatings Application to Drive Market
Table 121 France: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 122 France: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 123 France: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 124 France: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5.3 Uk
9.3.5.3.1 Continued Growth of Packaging Industry & Increasing Demand for Sustainable Inks to Drive Market
Table 125 Uk: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 126 Uk: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 127 Uk: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 128 Uk: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5.4 Italy
9.3.5.4.1 Demand from Transportation Industry to Drive Market
Table 129 Italy: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 130 Italy: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 131 Italy: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 132 Italy: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5.5 Spain
9.3.5.5.1 Increasing Consumption of Plastics to Drive Demand
Table 133 Spain: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 134 Spain: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 135 Spain: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 136 Spain: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.3.5.6 Rest of Europe
Table 137 Rest of Europe: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 138 Rest of Europe: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 139 Rest of Europe: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 140 Rest of Europe: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.4 Asia-Pacific
9.4.1 Recession Impact
Figure 47 Asia-Pacific: Organic Pigments Market Snapshot
9.4.2 Asia-Pacific: Organic Pigments Market, by Type
Table 141 Asia-Pacific: Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 142 Asia-Pacific: Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 143 Asia-Pacific: Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 144 Asia-Pacific: Organic Pigments Market, by Type, 2024-2029 (USD Million)
9.4.3 Asia-Pacific: Organic Pigments Market, by Source
Table 145 Asia-Pacific: Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 146 Asia-Pacific: Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 147 Asia-Pacific: Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 148 Asia-Pacific: Organic Pigments Market, by Source, 2024-2029 (USD Million)
9.4.4 Asia-Pacific: Organic Pigments Market, by Application
Table 149 Asia-Pacific: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 150 Asia-Pacific: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 151 Asia-Pacific: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 152 Asia-Pacific: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.4.5 Asia-Pacific: Organic Pigments Market, by Country
Table 153 Asia-Pacific: Organic Pigments Market, by Country, 2020-2023 (Kiloton)
Table 154 Asia-Pacific: Organic Pigments Market, by Country, 2020-2023 (USD Million)
Table 155 Asia-Pacific: Organic Pigments Market, by Country, 2024-2029 (Kiloton)
Table 156 Asia-Pacific: Organic Pigments Market, by Country, 2024-2029 (USD Million)
9.4.5.1 China
9.4.5.1.1 Presence of Strong Printing, Packaging, and Labeling Industries to Propel Market
Table 157 China: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 158 China: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 159 China: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 160 China: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.4.5.2 Japan
9.4.5.2.1 High Growth of Organic Pigments in Paints & Coatings Application
Table 161 Japan: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 162 Japan: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 163 Japan: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 164 Japan: Organic Pigments Market, by Application, 2024-2029, (USD Million)
9.4.5.3 India
9.4.5.3.1 Rapid Urbanization, Increasing Literacy Rates, and Growth of Fmcg Sector to Boost Demand
Table 165 India: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 166 India: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 167 India: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 168 India: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.4.5.4 South Korea
9.4.5.4.1 Presence of Major Electronics Companies to Drive Demand for Organic Pigments
Table 169 South Korea: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 170 South Korea: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 171 South Korea: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 172 South Korea: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.4.5.5 Rest of Asia-Pacific
Table 173 Rest of Asia-Pacific: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 174 Rest of Asia-Pacific: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 175 Rest of Asia-Pacific: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 176 Rest of Asia-Pacific: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.5 South America
9.5.1 Recession Impact
9.5.2 South America: Organic Pigments Market, by Type
Table 177 South America: Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 178 South America: Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 179 South America: Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 180 South America: Organic Pigments Market, by Type, 2024-2029 (USD Million)
9.5.3 South America: Organic Pigments Market, by Source
Table 181 South America: Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 182 South America: Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 183 South America: Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 184 South America: Organic Pigments Market, by Source, 2024-2029 (USD Million)
9.5.4 South America: Organic Pigments Market, by Application
Table 185 South America: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 186 South America: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 187 South America: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 188 South America: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.5.5 South America: Organic Pigments Market, by Country
Table 189 South America: Organic Pigments Market, by Country, 2020-2023 (Kiloton)
Table 190 South America: Organic Pigments Market, by Country, 2020-2023 (USD Million)
Table 191 South America: Organic Pigments Market, by Country, 2024-2029 (Kiloton)
Table 192 South America: Organic Pigments Market, by Country, 2024-2029 (USD Million)
9.5.5.1 Brazil
9.5.5.1.1 Increase in Demand for Highly Efficient and Durable Colors in Various Industries to Drive Market
Table 193 Brazil: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 194 Brazil: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 195 Brazil: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 196 Brazil: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.5.5.2 Argentina
9.5.5.2.1 Increased Public Spending on Food and Pharmaceutical Commodities to Support Market
Table 197 Argentina: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 198 Argentina: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 199 Argentina: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 200 Argentina: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.5.5.3 Rest of South America
Table 201 Rest of South America: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 202 Rest of South America: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 203 Rest of South America: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 204 Rest of South America: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.6 Middle East & Africa
9.6.1 Recession Impact
9.6.2 Middle East & Africa: Organic Pigments Market, by Type
Table 205 Middle East & Africa: Organic Pigments Market, by Type, 2020-2023 (Kiloton)
Table 206 Middle East & Africa: Organic Pigments Market, by Type, 2020-2023 (USD Million)
Table 207 Middle East & Africa: Organic Pigments Market, by Type, 2024-2029 (Kiloton)
Table 208 Middle East & Africa: Organic Pigments Market, by Type, 2024-2029 (USD Million)
9.6.3 Middle East & Africa: Organic Pigments Market, by Source
Table 209 Middle East & Africa: Organic Pigments Market, by Source, 2020-2023 (Kiloton)
Table 210 Middle East & Africa: Organic Pigments Market, by Source, 2020-2023 (USD Million)
Table 211 Middle East & Africa: Organic Pigments Market, by Source, 2024-2029 (Kiloton)
Table 212 Middle East & Africa: Organic Pigments Market, by Source, 2024-2029 (USD Million)
9.6.4 Middle East & Africa: Organic Pigments Market, by Application
Table 213 Middle East & Africa: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 214 Middle East & Africa: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 215 Middle East & Africa: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 216 Middle East & Africa: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.6.5 Middle East & Africa: Organic Pigments Market, by Country
Table 217 Middle East & Africa: Organic Pigments Market, by Country, 2020-2023 (Kiloton)
Table 218 Middle East & Africa: Organic Pigments Market, by Country, 2020-2023 (USD Million)
Table 219 Middle East & Africa: Organic Pigments Market, by Country, 2024-2029 (Kiloton)
Table 220 Middle East & Africa: Organic Pigments Market, by Country, 2024-2029 (USD Million)
9.6.5.1 Saudi Arabia
9.6.5.1.1 Growing Automotive Industry to Drive Market
Table 221 Saudi Arabia: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 222 Saudi Arabia: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 223 Saudi Arabia: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 224 Saudi Arabia: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.6.5.2 Uae
9.6.5.2.1 Growing Demand from Printing Ink Applications to Drive Market
Table 225 Uae: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 226 Uae: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 227 Uae: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 228 Uae: Organic Pigments Market, by Application, 2024-2029 (USD Million)
9.6.5.3 Rest of Middle East & Africa
Table 229 Rest of Middle East & Africa: Organic Pigments Market, by Application, 2020-2023 (Kiloton)
Table 230 Rest of Middle East & Africa: Organic Pigments Market, by Application, 2020-2023 (USD Million)
Table 231 Rest of Middle East & Africa: Organic Pigments Market, by Application, 2024-2029 (Kiloton)
Table 232 Rest of Middle East & Africa: Organic Pigments Market, by Application, 2024-2029 (USD Million)
10 Competitive Landscape
10.1 Introduction
10.2 Key Players’ Strategies/Right to Win
10.2.1 Strategies Adopted by Organic Pigment Manufacturers
10.3 Revenue Analysis
Figure 48 Revenue Analysis of Market Players
10.4 Market Share Analysis
Figure 49 Shares of Top Companies in Organic Pigments Market
Table 233 Degree of Competition: Organic Pigments Market
10.5 Brand/Product Comparative Analysis
Figure 50 Organic Pigments Market: Trending Brands/Products
10.6 Company Evaluation Matrix
10.6.1 Stars
10.6.2 Emerging Leaders
10.6.3 Pervasive Players
10.6.4 Participants
Figure 51 Organic Pigments Market: Company Evaluation Matrix, 2023
10.6.5 Company Footprint
Figure 52 Company Product Footprint
Table 234 Company Type Footprint
Table 235 Company Application Footprint
10.6.5.1 Company Region Footprint
Table 236 Company Region Footprint
10.7 Start-Ups/SMEs Evaluation Matrix
10.7.1 Progressive Companies
10.7.2 Responsive Companies
10.7.3 Dynamic Companies
10.7.4 Starting Blocks
Figure 53 Organic Pigments Market: Start-Ups/SMEs Evaluation Matrix, 2023
10.7.5 Competitive Benchmarking
Table 237 Organic Pigments Market: Key Start-Ups/SMEs
Table 238 Organic Pigments Market: Competitive Benchmarking of Key Start-Ups/SMEs
10.8 Valuation and Financial Metrics of Organic Pigment Manufacturers
Figure 54 EV/Ebitda of Key Manufacturers
Figure 55 Year-To-Date (Ytd) Price Total Return and 5-Year Stock Beta of Key Manufacturers
10.9 Competitive Scenario and Trends
10.9.1 Product Launches
Table 239 Organic Pigments Market: Product Launches, January 2020-February 2024
10.9.2 Deals
Table 240 Organic Pigments Market: Deals, January 2020-February 2024
10.9.3 Expansions
Table 241 Organic Pigments Market: Expansions, January 2020-February 2024
11 Company Profiles
(Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats) *
11.1 Key Companies
11.1.1 Dic Corporation
Table 242 Dic Corporation: Company Overview
Figure 56 Dic Corporation: Company Snapshot
Table 243 Dic Corporation: Products/Solutions/Services Offered
Table 244 Dic Corporation: Deals, January 2020- February 2024
11.1.2 Heubach GmbH
Table 245 Heubach GmbH: Company Overview
Table 246 Heubach GmbH: Products/Solutions/Services Offered
Table 247 Heubach GmbH: Deals, January 2020- February 2024
11.1.3 Dainichiseika Color & Chemicals Mfg. Co. Ltd.
Table 248 Dainichiseika Color & Chemicals Mfg. Co. Ltd.: Company Overview
Figure 57 Dainchiseika Color & Chemicals Mfg. Co. Ltd.: Company Snapshot
Table 249 Dainichiseika Color & Chemicals Mfg. Co. Ltd.: Products/Solutions/Services Offered
11.1.4 Lily Group Co. Ltd.
Table 250 Lily Group Co. Ltd.: Company Overview
Table 251 Lily Group Co. Ltd.: Products/Solutions/Services Offered
Table 252 Lily Group Co. Ltd.: Expansions, January 2020-February 2024
11.1.5 Sunlour Pigment Co. Ltd.
Table 253 Sunlour Pigment Co. Ltd.: Company Overview
Table 254 Sunlour Pigment Co. Ltd.: Products/Solutions/Services Offered
11.1.6 Meghmani Organics Ltd.
Table 255 Meghmani Organics Ltd.: Company Overview
Figure 58 Meghmani Organics Ltd.: Company Snapshot
Table 256 Meghmani Organic S Ltd.: Products/Solutions/Services Offered
11.1.7 Asahi Songwon Colors Ltd.
Table 257 Asahi Songwon Colors Ltd.: Company Overview
Figure 59 Asahi Songwon Colors Ltd.: Company Snapshot
Table 258 Asahi Songwong Colors Ltd.: Products/Solutions/Services Offered
11.1.8 Sudarshan Chemical Industries Limited
Table 259 Sudarshan Chemical Industries Limited: Company Overview
Figure 60 Sudarshan Chemical Industries Ltd.: Company Snapshot
Table 260 Sudarshan Chemical Industries Limited: Products/Solutions/ Services Offered
Table 261 Sudarshan Chemical Industries Limited: Product Launches, January 2020-March 2024
11.1.9 Atul Ltd.
Table 262 Atul Ltd.: Company Overview
Figure 61 Atul Ltd.: Company Snapshot
Table 263 Atul Ltd.: Products/Solutions/Services Offered
11.1.10 Pidilite Industries Ltd.
Table 264 Pidilite Industries Ltd.: Company Overview
Figure 62 Pidilite Industries Ltd.: Company Snapshot
Table 265 Pidilite Industries Ltd.: Products/Solutions/Services Offered
11.1.11 Anshan Hifichem Co. Ltd.
Table 266 Anshan Hifichem Co. Ltd.: Company Overview
Table 267 Anshan Hifichem Co. Ltd.: Products/Solutions/Services Offered
11.1.12 Longkou Union Chemical Co. Ltd.
Table 268 Longkou Union Chemical Co. Ltd.: Company Overview
Table 269 Longkou Union Chemical Co. Ltd.: Products/Solutions/Services Offered
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, Analyst's View, Right to Win, Strategic Choices, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies
11.2 Other Companies
11.2.1 Vibrantz (Ferro Corporation)
Table 270 Vibrantz (Ferro Corporation): Company Overview
11.2.2 Trust Chem Co. Ltd.
Table 271 Trust Chem Co. Ltd.: Company Overview
11.2.3 Toyocolor Co. Ltd.
Table 272 Toyocolor Co. Ltd.: Company Overview
11.2.4 Changzhou North American Chemical Group
Table 273 Changzhou North American Chemical Group: Company Overview
11.2.5 Voxco Pigments
Table 274 Voxco Pigments: Company Overview
11.2.6 Synthesia
Table 275 Synthesia: Company Overview
11.2.7 Gharda Chemicals Ltd.
Table 276 Gharda Chemicals Ltd.: Company Overview
11.2.8 Cathay Industries
Table 277 Cathay Industries: Company Overview
11.2.9 Apollo Colors Ltd.
Table 278 Apollo Colors Inc.: Company Overview
11.2.10 Lanxess
Table 279 Lanxess: Company Overview
11.2.11 Indian Chemical Industries
Table 280 Indian Chemical Industries: Company Overview
11.2.12 Hangzhou Emperor Chemical Co. Ltd.
Table 281 Hangzhou Emperor Chemical Co. Ltd.: Company Overview
11.2.13 Koel Colors Private Limited
Table 282 Koel Colors Private Limited: Company Overview
11.2.14 Ogilvy Chemical
Table 283 Ogilvy Chemical: Company Overview
12 Appendix
12.1 Discussion Guide
12.2 Knowledgestore: The Subscription Portal
12.3 Customization Options

Companies Mentioned

  • Dic Corporation
  • Heubach GmbH
  • Dainichiseika Color & Chemicals Mfg. Co. Ltd.
  • Lily Group Co. Ltd.
  • Sunlour Pigment Co. Ltd.
  • Meghmani Organics Ltd.
  • Asahi Songwon Colors Ltd.
  • Sudarshan Chemical Industries Limited
  • Atul Ltd.
  • Pidilite Industries Ltd.
  • Anshan Hifichem Co. Ltd.
  • Longkou Union Chemical Co. Ltd.
  • Vibrantz (Ferro Corporation)
  • Trust Chem Co. Ltd.
  • Toyocolor Co. Ltd.
  • Changzhou North American Chemical Group
  • Voxco Pigments
  • Synthesia
  • Gharda Chemicals Ltd.
  • Cathay Industries
  • Apollo Colors Ltd.
  • Lanxess
  • Indian Chemical Industries
  • Hangzhou Emperor Chemical Co. Ltd.
  • Koel Colors Private Limited
  • Ogilvy Chemical

Methodology

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Table Information

Report AttributeDetails
No. of Pages219
PublishedApril 2024
Forecast Period2024 - 2029
Estimated Market Value ( USD ) in 2024 $ 4.4 Billion
Forecasted Market Value ( USD ) by 2029 $ 6 Billion
Compound Annual Growth Rate6.5%
Regions CoveredGlobal
No. of Companies Mentioned26

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About the Organic Pigments Market

Organic Pigments are a type of dye or pigment used in a variety of industries, including printing, plastics, and paints. They are composed of carbon-based molecules and are generally more stable than other types of dyes and pigments. Organic Pigments are available in a wide range of colors and are often used to create vibrant, long-lasting colors. They are also more resistant to fading and discoloration than other types of dyes and pigments. Organic Pigments are used in a variety of industries, including automotive, printing, plastics, and paints. They are used to create vibrant colors and are often used in combination with other dyes and pigments to create unique color combinations. Organic Pigments are also used in the production of inks, coatings, and other products. Organic Pigments are manufactured by a variety of companies, including BASF, Clariant, DIC Corporation, and Sun Chemical. These companies produce a wide range of organic pigments, including azo, phthalocyanine, quinacridone, and perylene pigments. They also offer a variety of services, such as custom color matching and technical support. Show Less Read more

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