Organic Pigments Global Market
Overview and Scope
Organic pigment is a colored substance composed of organic compounds that have pigment qualities. It is made up of carbon chains and rings, and it is typically bright, pure, lightweight, and rich in tinting strength. They typically exist in animal, vegetable, and synthetic organic chemistry and establish strong, stable chemical connections.
Sizing and Forecast
The organic pigments market size has grown strongly in recent years. It will grow from $16.01 billion in 2023 to $17.1 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to expansion of printing inks market, automotive industry demand, textile industry applications, plastics industry growth, consumer preferences for sustainable products.
The organic pigments market size is expected to see strong growth in the next few years. It will grow to $21.56 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to increased use in packaging inks, focus on biodegradability and recycling, shifts in color preferences, global economic trends, rise of water-based and high-solid coatings. Major trends in the forecast period include integration of digitalization in color matching and production, stringent regulatory compliance and certification, growing interest in specialty organic pigments, advancements in nanotechnology for pigment development, rising popularity of high-performance pigments.
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Segmentation & Regional Insights
The organic pigments market covered in this report is segmented –
1) By Type: Azo Pigments, Pthalocyanine Pigments, High Performance Pigments (HPPs), Alizarin, Arylide, Other Types
2) By Source: Synthetic, Natural
3) By End-Use: Textile, Paints And Coatings, Automotive, Plastics, Printing Inks, Packaging, Other End-Uses
Asia-Pacific was the largest region in the organic pigment market in 2023 and is expected to be the fastest-growing region in the organic pigment market report during the forecast period. The regions covered in the organic pigments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
An increasing textile industry is expected to propel the growth of the organic pigments market going forward. The textile sector refers to the industries that are primarily concerned with the design or manufacture of clothing and the distribution and use of textiles. A textile is a stretchy material made of a web of synthetic or natural fibers. Organic pigments are used in textiles to give the product color, opaqueness, and other desirable features. This will drive market expansion for organic pigments, as these are widely employed in textile industry for dyeing and printing. For instance, in September 2022, Euratex, a Europe-based European Apparel and Textile Confederation estimates, the textile and garment industry in the EU-27 region was €147 billion in 2021, an 11% growth over 2020. Therefore, the increasing textile industry is driving the growth of the organic pigments market.
Key Industry Players
Major companies operating in the organic pigments market are developing organic florescent pigments to gain a competitive edge in the market. Fluorescent pigments are colorants that emit visible light when exposed to ultraviolet (UV) light. For instance, in March 2023, Day-Glo Color Corp., a US-based paints and pigments company, launched the Elara Luxe pigment collection, featuring rice protein-based fluorescent pigments for cosmetics. With consumers increasingly seeking sustainable options, DayGlo’s new class of pigments offers an FDA-compliant, all-natural fluorescent pigment that aligns with clean beauty standards. Elara Luxe, available in seven colors, is biodegradable, sourced from approximately 97% non-GMO renewable plant materials, and holds vegan, kosher, and halal certifications. This eco-friendly powder pigment line addresses the need for sustainable and clean ingredient options in the cosmetics industry.
The organic pigments market report table of contents includes:
1. Executive Summary
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