According to a market report by Lucintel, the future of the global organic pigment market looks promising with opportunities in the printing ink, paints and coating, and plastic markets. The global organic pigment market is expected to reach an estimated $10 billion by 2030 with a CAGR of 7.8% from 2024 to 2030. The major drivers for this market are increasing utilization of organic pigments within the packaging industry for enhancing the visual appeal of packaging designs, increasing demand from the paints and coatings sector, and expanding variety of color options.
A more than 150–page
report is developed to understand trends, opportunity and forecast in organic
pigment market to 2030 by type (azo pigments, phthalocyanine pigments,
high-performance pigments (HPPs), and others), application (printing inks,
paints and coatings, plastics, and others), and region (North America, Europe,
Asia Pacific, and the Rest of the World).
In this market, azo pigments, phthalocyanine pigments, and high-performance pigments (hpps) are the major segments of organic pigment market by type. Lucintel forecasts that high-performance pigments (HPPs) will remain the highest growing segment over the forecast period because of its increasing application in automobiles, trains, and aircraft owing to advantageous features, such as high insolubility, glossy effect, high brightness, heat stability, chemical resistance, and color strength.
Within this market, paints and coatings will remain the highest growing segment over the forecast period because these organic pigments offers vivid hues, excellent dispersion properties, and robust tinting strength through meticulous processing, along with its excellent weather and light resistance properties.
APAC will remain the largest region over the forecast period due to rising government investments in infrastructure development and construction initiatives, coupled with the presence of major industry leaders operating in emerging markets within the region.
Clariant, DIC Corporation, BASF, Ferro Corporation, Dominion Colour Corporation, Toyocolor, Heubach, Trust Chem, Dainichiseika Color & Chemicals, and Neochem Industries are the major suppliers in the organic pigment market.
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 write us at 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.
Contact
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email roy.almaguer@lucintel.com
Tel. 972.636.5056
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