Lucintel Forecasts Organic Pigment in the Global Speciality Dye and Pigment Market to Reach $16.2 Billion by 2028

According to the recent study the organic pigment in the global speciality dye and pigment market is projected to reach an estimated $16.2 billion by 2028 from $12.1 billion in 2023, at a CAGR of 6% from 2023 to 2028. Growth in this market is primarily driven by increasing demand from various end use industries, such as construction, printing inks, and paints and coating, and growing awareness towards environmental sustainable products.

A more than 150–page report is developed to understand trends, opportunities and forecast in organic pigment in the global speciality dye and pigment market by source (synthetic and natural), product type (Azo, pthalocyanine, HPPs, and others), application (paints & coatings, construction, printing inks, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/organic-pigment-in-speciality-dye-and-pigment-market.aspx

“Azo market is expected to remain the largest segment during the forecast period.”

Based on product type, the organic pigment in the global speciality dye and pigment market is segmented into Azo, pthalocyanine, HPPs, and others. Lucintel forecasts that the Azo market is expected to remain the largest segment as it provides excellent color strength, thus making them ideal option to be use in various applications like paints and coatings and printing inks.

“Within the organic pigment in the global speciality dye and pigment market, the paints & coatings segment is expected to remain the largest application.”

Based on application the paints & coatings segment is expected to witness the highest growth over the forecast period due to the increasing use of organic pigments in decorative coatings, particularly in the construction industry owing to its cost effectiveness and eco-friendliness.

“Asia pacific will dominate the organic pigment in the global speciality dye and pigment market in near future.”

APAC will remain the largest region due to the growing adoption of environment friendly products and expansion of the construction sector in the region.

Download Brochure of this report by clicking on https://www.lucintel.com/organic-pigment-in-speciality-dye-and-pigment-market.aspx.

Major players of organic pigment in the global speciality dye and pigment market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BASF, Clariant, DIC Corporation, Heubach GmbH, and Sudarshan Chemical Industries are among the major organic pigment in the global speciality dye and pigment providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/organic-pigment-in-speciality-dye-and-pigment-market.aspx  or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056

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