Pigments Market Assessment, By Type [Organic-Azo Pigments, Polycyclic Pigments, Others; Inorganic-Titanium Dioxide, Carbon & Vegetable Black, Mixed Metal Oxide, Others; Speciality-Metallic, Pearlescent, Others], By Industry [Paint & Coatings, Packaging, Plastics, Cosmetics, Textile, Printing Inks, Others], By Form [Liquid/Paste, Powder], By Region, Opportunities, and Forecast, 2016-2030F
The Global Pigments Market was valued at USD 32.9 billion in 2022 and will grow to USD 47.15 billion in 2030. The market is projected to grow at a CAGR of 4.6% during the forecast period between 2023 and 2030.
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The Global Pigments Market was valued at USD 32.9 billion in 2022 and will grow to USD 47.15 billion in 2030. The market is projected to grow at a CAGR of 4.6% during the forecast period between 2023 and 2030. The standards for characteristics and testing of pigments was developed by the International Organization for Standardization (ISO). The Colour Index International (CII) has identified each pigment according to its chemical composition which is a published standard index and more than 27,000 pigments are indexed in this CII schema.
The fundamental function of pigments is to add colour to materials. Pigments are stable at normal temperatures and have a high tinting strength, so only a tiny amount is required to show the colour when put on objects or mixed with a carrier. Fugitive pigments are pigments that fade or blacken with time or with prolonged contact to light. The hue, saturation, and other qualities of a pigment are affected by other substances in the product, such as binders or fillers. A colour of paint, for example, will appear differently depending on the composition of the mixture.
Rise in Construction Sector
Pigments are used for varied purposes across many industries. For instance, in the construction industry, architectural and decorative coatings largely consume pigments in the production process. Thus, rising construction and infrastructure activities are major drivers for growth of pigment market. Similarly, producers offer organic and inorganic pigments for the paint and coatings industry based on colour and composition requirements. The addition of pigments to paints successfully improves the glossy wall surface that customers desire.
Asia Pacific To Lead The Pigment Market
Due to the rising residential and commercial construction activities in China and India, Asia-Pacific dominates the global pigments market. For instance, the Chinese government has been increasing the amount of money spent on building affordable housing facilities. Similarly, the Government of India has made the infrastructure sector key focus for its economic growth.
Impact of COVID-19 on Global Pigments Market
The global spread of the coronavirus affected several countries, leading to a scarcity of raw materials and finished products, which resulted in disruption in the value chain. There was a significant dip in construction activity as a result of the unavailability of labour and hence substantial decline in demand for pigments base products. Additionally, labour and supply constraints led to reduction in the pigment’s companies’ production operations. However, due to safety concerns, the trend of safe packaging fuelled the growth in packaging industry. Dyes and pigments are crucial components used in the production of printing inks used on packaging products. Thus, despite the pandemic, the packaging sector assisting in global pigments market recovery.
Impact of Russia-Ukraine War on Global Pigments Market
The Ukraine-Russian war had an adverse impact on the global supply chains and import export trade for pigments. The restricted transportation of different commodities especially in Europe in and around war zone had adversely impacted the trade in Global and European pigments market. Raw material prices, which have already been rising as a result of supply chain challenges, are anticipated to be increase further due to rising oil and energy costs as a result of the war.
Global Pigment Market Assessment, Opportunities and Forecast, 2016-2030: Report Scope
Global Pigment Market Assessment, Opportunities and Forecast, 2016-2030, is a comprehensive report by Market Xcel, providing in-depth analysis and assessment of the global pigments market, industry dynamics and challenges. The report includes market size, segmental shares, growth trends, COVID-19 impact, opportunities and forecast between 2024 and 2030. Additionally, the report profiles the leading players in the industry mentioning their respective market share, business model, competitive intelligence, etc.
|
Report Attribute |
Details |
|
Base Year of the Analysis |
2022 |
|
Historical Period |
2016-2022 |
|
Forecast Period |
2023-2030 |
|
Market Size in 2022 |
USD 32.9 billion in 2022 |
|
Projected Growth Rate |
CAGR of 4.6% between 2023 and 2030 |
|
Revenue Forecast in 2030 |
USD 47.15 billion |
|
Units |
Revenue in USD Million and Volume in Tons |
|
Segments Covered |
By Type By Industry By Form By Region |
|
Regions Covered |
North America, Asia-Pacific, Europe, South America, Middle East & Africa |
|
Key Companies Profiled |
BASF SE, Clariant International Ltd., The Shepherd Color Company, Tata Pigments Ltd., Ferro Corporation, Evonik Industries AG, Lanxess AG, DIC Corporation, Venator Materials PLC, KRONOS Worldwide, Inc., Burgess Pigment Company and DCL Corporation. |
|
Customization Scope |
15% free report customization with purchase |
|
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs |
|
Delivery Format |
PDF and Excel through email (subject to the license purchased) |
In this report, Global Pigments Market has been segmented into the following categories:
1. Global Pigments Market, By Type
1.1. Organic
1.1.1.Azo Pigments
1.1.2.Polycylic Pigments
1.1.3.Others
1.2. Inorganic
1.2.1.Titanium Dioxide
1.2.2.Carbon & Vegetable Black
1.2.3.Mixed Metal Oxide
1.2.4.Others
1.3. Speciality
1.3.1.Metallic
1.3.2.Pearlescent
1.3.3.Others
2. Global Pigments Market, By Industry
2.1. Paint & Coatings
2.2. Packaging
2.3. Plastics
2.4. Cosmetics
2.5. Textile
2.6. Printing Inks
2.7. Others
3. Global Pigments Market, By Form
3.1. Liquid/Paste
3.2. Powder
4. Global Pigments Market, By Region
4.1. North America
4.2. Asia-Pacific
4.3. Europe
4.4. South America
4.5. Middle East & Africa
Key Players Landscape and Outlook
Wide range of companies are operating in the manufacturing of pigments globally. BASF SE is a leading manufacturer and holds the dominant share in the global pigments market. The market consists of key players involving Clariant International Ltd., The Shepherd Color Company and Tata Pigments Ltd.
Key Players Operating in Global Pigments Market:
· BASF SE
· Clariant International Ltd.
· The Shepherd Color Company
· Tata Pigments Ltd.
· Ferro Corporation
· Evonik Industries AG
· Lanxess AG
· DIC Corporation
· Venator Materials PLC
· KRONOS Worldwide, Inc.
· Burgess Pigment Company
· DCL Corporation
Why You Should Buy This Report
Market Xcel reports are based on qualitative and quantitative data collected through ‘on-ground’ primary research interventions. Based on our in-depth research, our reports can also provide granular city/state level market size data. The report includes deeper actionable insights provided by the industry experts & Key Opinion Leaders thus offering cutting-edge business solutions. The forecast data included in the report is based on ‘Drivers based forecasting’ technique ensuring accurate decoding of the future.
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Table of Content
1. Research Methodology
2. Product Overview
3. Impact of COVID-19 on Global Pigments Market
4. Impact of Russia-Ukraine War on Global Pigments Market
5. Executive Summary
6. Voice of Customer
7. Global Pigments Market Outlook, 2016-2030F
7.1. Market Size & Forecast
7.1.1.By Value
7.1.2.By Volume
7.2. Market Share & Forecast
7.2.1.By Type
7.2.1.1. Organic
7.2.1.1.1. Azo Pigments
7.2.1.1.2. Polycyclic Pigments
7.2.1.1.3. Others
7.2.1.2. Inorganic
7.2.1.2.1. Titanium Dioxide
7.2.1.2.2. Carbon & Vegetable Black
7.2.1.2.3. Mixed Metal Oxide
7.2.1.2.4. Others
7.2.1.3. Speciality
7.2.1.3.1. Metallic
7.2.1.3.2. Pearlescent
7.2.1.3.3. Others
7.2.2.By Industry
7.2.2.1. Paint & Coatings
7.2.2.2. Packaging
7.2.2.3. Plastics
7.2.2.4. Cosmetics
7.2.2.5. Textile
7.2.2.6. Printing Inks
7.2.2.7. Others
7.2.3.By Form
7.2.3.1. Liquid/Paste
7.2.3.2. Powder
7.2.4.By Region
7.2.4.1. North America
7.2.4.2. Asia-Pacific
7.2.4.3. Europe
7.2.4.4. South America
7.2.4.5. Middle East & Africa
8. North America Pigments Market Outlook, 2016-2030F
8.1. Market Size & Forecast
8.1.1.By Value
8.1.2.By Volume
8.2. Market Share & Forecast
8.2.1.By Type
8.2.1.1. Organic
8.2.1.1.1. Azo Pigments
8.2.1.1.2. Polycylic Pigments
8.2.1.1.3. Others
8.2.1.2. Inorganic
8.2.1.2.1. Titanium Dioxide
8.2.1.2.2. Carbon & Vegetable Black
8.2.1.2.3. Mixed Metal Oxide
8.2.1.2.4. Others
8.2.1.3. Speciality
8.2.1.3.1. Metallic
8.2.1.3.2. Pearlescent
8.2.1.3.3. Others
8.2.2.By Industry
8.2.2.1. Paint & Coatings
8.2.2.2. Packaging
8.2.2.3. Plastics
8.2.2.4. Cosmetics
8.2.2.5. Textile
8.2.2.6. Printing Inks
8.2.2.7. Others
8.2.3.By Form
8.2.3.1. Liquid/Paste
8.2.3.2. Powder
8.2.4.By Region
8.2.4.1. United States
8.2.4.1.1. Market Size & Forecast
8.2.4.1.1.1. By Value
8.2.4.1.1.2. By Volume
8.2.4.1.2. Market Share & Forecast
8.2.4.1.2.1. By Type
8.2.4.1.2.2. By Industry
8.2.4.1.2.3. By Form
8.2.4.2. Canada
8.2.4.2.1. Market Size & Forecast
8.2.4.2.1.1. By Value
8.2.4.2.1.2. By Volume
8.2.4.2.2. Market Share & Forecast
8.2.4.2.2.1. By Type
8.2.4.2.2.2. By Industry
8.2.4.2.2.3. By Form
8.2.4.3. Mexico
8.2.4.3.1. Market Size & Forecast
8.2.4.3.1.1. By Value
8.2.4.3.1.2. By Volume
8.2.4.3.2. Market Share & Forecast
8.2.4.3.2.1. By Type
8.2.4.3.2.2. By Industry
8.2.4.3.2.3. By Form
8.2.4.4. Rest of North America
9. Asia-Pacific Pigments Market Outlook, 2016-2030F
9.1. Market Size & Forecast
9.1.1.By Value
9.1.2.By Volume
9.2. Market Share & Forecast
9.2.1.By Type
9.2.1.1. Organic
9.2.1.1.1. Azo Pigments
9.2.1.1.2. Polycylic Pigments
9.2.1.1.3. Others
9.2.1.2. Inorganic
9.2.1.2.1. Titanium Dioxide
9.2.1.2.2. Carbon & Vegetable Black
9.2.1.2.3. Mixed Metal Oxide
9.2.1.2.4. Others
9.2.1.3. Speciality
9.2.1.3.1. Metallic
9.2.1.3.2. Pearlescent
9.2.1.3.3. Others
9.2.2.By Industry
9.2.2.1. Paint & Coatings
9.2.2.2. Packaging
9.2.2.3. Plastics
9.2.2.4. Cosmetics
9.2.2.5. Textile
9.2.2.6. Printing Inks
9.2.2.7. Others
9.2.3.By Form
9.2.3.1. Liquid/Paste
9.2.3.2. Powder
9.2.4.By Region
9.2.4.1. Japan
9.2.4.1.1. Market Size & Forecast
9.2.4.1.1.1. By Value
9.2.4.1.1.2. By Volume
9.2.4.1.2. Market Share & Forecast
9.2.4.1.2.1. By Type
9.2.4.1.2.2. By Industry
9.2.4.1.2.3. By Form
9.2.4.2. China
9.2.4.2.1. Market Size & Forecast
9.2.4.2.1.1. By Value
9.2.4.2.1.2. By Volume
9.2.4.2.2. Market Share & Forecast
9.2.4.2.2.1. By Type
9.2.4.2.2.2. By Industry
9.2.4.2.2.3. By Form
9.2.4.3. India
9.2.4.3.1. Market Size & Forecast
9.2.4.3.1.1. By Value
9.2.4.3.1.2. By Volume
9.2.4.3.2. Market Share & Forecast
9.2.4.3.2.1. By Type
9.2.4.3.2.2. By Industry
9.2.4.3.2.3. By Form
9.2.4.4. South Korea
9.2.4.4.1. Market Size & Forecast
9.2.4.4.1.1. By Value
9.2.4.4.1.2. By Volume
9.2.4.4.2. Market Share & Forecast
9.2.4.4.2.1. By Type
9.2.4.4.2.2. By Industry
9.2.4.4.2.3. By Form
9.2.4.5. Rest of Asia-Pacific
10. Europe Pigments Market Outlook, 2016-2030F
10.1. Market Size & Forecast
10.1.1. By Value
10.1.2. By Volume
10.2. Market Share & Forecast
10.2.1. By Type
10.2.1.1. Organic
10.2.1.1.1. Azo Pigments
10.2.1.1.2. Polycylic Pigments
10.2.1.1.3. Others
10.2.1.2. Inorganic
10.2.1.2.1. Titanium Dioxide
10.2.1.2.2. Carbon & Vegetable Black
10.2.1.2.3. Mixed Metal Oxide
10.2.1.2.4. Others
10.2.1.3. Speciality
10.2.1.3.1. Metallic
10.2.1.3.2. Pearlescent
10.2.1.3.3. Others
10.2.2. By Industry
10.2.2.1. Paint & Coatings
10.2.2.2. Packaging
10.2.2.3. Plastics
10.2.2.4. Cosmetics
10.2.2.5. Textile
10.2.2.6. Printing Inks
10.2.2.7. Others
10.2.3. By Form
10.2.3.1. Liquid/Paste
10.2.3.2. Powder
10.2.4. By Region
10.2.4.1. Germany
10.2.4.1.1. Market Size & Forecast
10.2.4.1.1.1. By Value
10.2.4.1.1.2. By Volume
10.2.4.1.2. Market Share & Forecast
10.2.4.1.2.1. By Type
10.2.4.1.2.2. By Industry
10.2.4.1.2.3. By Form
10.2.4.2. United Kingdom
10.2.4.2.1. Market Size & Forecast
10.2.4.2.1.1. By Value
10.2.4.2.1.2. By Volume
10.2.4.2.2. Market Share & Forecast
10.2.4.2.2.1. By Type
10.2.4.2.2.2. By Industry
10.2.4.2.2.3. By Form
10.2.4.3. Italy
10.2.4.3.1. Market Size & Forecast
10.2.4.3.1.1. By Value
10.2.4.3.1.2. By Volume
10.2.4.3.2. Market Share & Forecast
10.2.4.3.2.1. By Type
10.2.4.3.2.2. By Industry
10.2.4.3.2.3. By Form
10.2.4.4. France
10.2.4.4.1. Market Size & Forecast
10.2.4.4.1.1. By Value
10.2.4.4.1.2. By Volume
10.2.4.4.2. Market Share & Forecast
10.2.4.4.2.1. By Type
10.2.4.4.2.2. By Industry
10.2.4.4.2.3. By Form
10.2.4.5. Spain
10.2.4.5.1. Market Size & Forecast
10.2.4.5.1.1. By Value
10.2.4.5.1.2. By Volume
10.2.4.5.2. Market Share & Forecast
10.2.4.5.2.1. By Type
10.2.4.5.2.2. By Industry
10.2.4.5.2.3. By Form
10.2.4.6. Rest of Europe
11. South America Pigment Market Outlook, 2016-2030F
11.1. Market Size & Forecast
11.1.1. By Value
11.1.2. By Volume
11.2. Market Share & Forecast
11.2.1. By Type
11.2.1.1. Organic
11.2.1.1.1. Azo Pigments
11.2.1.1.2. Polycylic Pigments
11.2.1.1.3. Others
11.2.1.2. Inorganic
11.2.1.2.1. Titanium Dioxide
11.2.1.2.2. Carbon & Vegetable Black
11.2.1.2.3. Mixed Metal Oxide
11.2.1.2.4. Others
11.2.1.3. Speciality
11.2.1.3.1. Metallic
11.2.1.3.2. Pearlescent
11.2.1.3.3. Others
11.2.2. By Industry
11.2.2.1. Paint & Coatings
11.2.2.2. Packaging
11.2.2.3. Plastics
11.2.2.4. Cosmetics
11.2.2.5. Textile
11.2.2.6. Printing Inks
11.2.2.7. Others
11.2.3. By Form
11.2.3.1. Liquid/Paste
11.2.3.2. Powder
11.2.4. By Region
11.2.4.1. Brazil
11.2.4.1.1. Market Size & Forecast
11.2.4.1.1.1. By Value
11.2.4.1.1.2. By Volume
11.2.4.1.2. Market Share & Forecast
11.2.4.1.2.1. By Type
11.2.4.1.2.2. By Industry
11.2.4.1.2.3. By Form
11.2.4.2. Argentina
11.2.4.2.1. Market Size & Forecast
11.2.4.2.1.1. By Value
11.2.4.2.1.2. By Volume
11.2.4.2.2. Market Share & Forecast
11.2.4.2.2.1. By Type
11.2.4.2.2.2. By Industry
11.2.4.2.2.3. By Form
11.2.4.3. Columbia
11.2.4.3.1. Market Size & Forecast
11.2.4.3.1.1. By Value
11.2.4.3.1.2. By Volume
11.2.4.3.2. Market Share & Forecast
11.2.4.3.2.1. By Type
11.2.4.3.2.2. By Industry
11.2.4.3.2.3. By Form
11.2.4.4. Rest of South America
12. Middle East & Africa Pigments Market Outlook, 2016-2030F
12.1. Market Size & Forecast
12.1.1. By Value
12.1.2. By Volume
12.2. Market Share & Forecast
12.2.1. By Type
12.2.1.1. Organic
12.2.1.1.1. Azo Pigments
12.2.1.1.2. Polycylic Pigments
12.2.1.1.3. Others
12.2.1.2. Inorganic
12.2.1.2.1. Titanium Dioxide
12.2.1.2.2. Carbon & Vegetable Black
12.2.1.2.3. Mixed Metal Oxide
12.2.1.2.4. Others
12.2.1.3. Speciality
12.2.1.3.1. Metallic
12.2.1.3.2. Pearlescent
12.2.1.3.3. Others
12.2.2. By Industry
12.2.2.1. Paint & Coatings
12.2.2.2. Packaging
12.2.2.3. Plastics
12.2.2.4. Cosmetics
12.2.2.5. Textile
12.2.2.6. Printing Inks
12.2.2.7. Others
12.2.3. By Form
12.2.3.1. Liquid/Paste
12.2.3.2. Powder
12.2.4. By Region
12.2.4.1. Saudi Arabia
12.2.4.1.1. Market Size & Forecast
12.2.4.1.1.1. By Value
12.2.4.1.1.2. By Volume
12.2.4.1.2. Market Share & Forecast
12.2.4.1.2.1. By Type
12.2.4.1.2.2. By Industry
12.2.4.1.2.3. By Form
12.2.4.2. South Africa
12.2.4.2.1. Market Size & Forecast
12.2.4.2.1.1. By Value
12.2.4.2.1.2. By Volume
12.2.4.2.2. Market Share & Forecast
12.2.4.2.2.1. By Type
12.2.4.2.2.2. By Industry
12.2.4.2.2.3. By Form
12.2.4.3. United Arab Emirates
12.2.4.3.1. Market Size & Forecast
12.2.4.3.1.1. By Value
12.2.4.3.1.2. By Volume
12.2.4.3.2. Market Share & Forecast
12.2.4.3.2.1. By Type
12.2.4.3.2.2. By Industry
12.2.4.3.2.3. By Form
12.2.4.4. Egypt
12.2.4.4.1. Market Size & Forecast
12.2.4.4.1.1. By Value
12.2.4.4.1.2. By Volume
12.2.4.4.2. Market Share & Forecast
12.2.4.4.2.1. By Type
12.2.4.4.2.2. By Industry
12.2.4.4.2.3. By Form
12.2.4.5. Rest of Middle East & Africa
13. Global Pigments Market Mapping, 2022
13.1. By Type
13.2. By Industry
13.3. By Form
13.4. By Region
14. Pricing Point Analysis
15. Macro-Business Environmental Scope
15.1. Value Chain Analysis
15.2. Demand and Supply Analysis
15.3. Import Export Analysis
15.4. Porter’s Five Force Analysis
15.5. PESTEL Analysis
16. Market Dynamics
16.1. Trends & Developments
16.2. Growth Drivers
16.3. Growth Inhibitors
17. Best Practice Case Studies of Key Market Leaders of Global Pigments Market (Upto Three)
18. Competitive Landscape
18.1. SWOT Analysis of Key Five Market Players
18.2. Competition Matrix of Key Five Market Leaders (Top Five)
18.3. Market Revenue Analysis of Key Five Market Leaders (in %, 2022)
18.4. Mergers & Acquisitions/ Joint Ventures (If Applicable)
18.5. Patent Analysis (If Applicable)
19. Competition Outlook
19.1. BASF SE
19.1.1. Company Details
19.1.2. Products & Services
19.1.3. Financials (As reported)
19.1.4. Key Market Focus & Geographical Presence
19.1.5. Recent Developments
19.1.6. Key Management Personnel
19.2. Clariant International Ltd.
19.3. The Shepherd Color Company
19.4. Tata Pigments Ltd.
19.5. Ferro Corporation
19.6. Evonik Industries AG
19.7. Lanxess AG
19.8. DIC Corporation
19.9. Venator Materials PLC
19.10. KRONOS Worldwide, Inc.
19.11. Burgess Pigment Company
19.12. DCL Corporation
20. Strategic Recommendations
21. About Us & Disclaimer
Frequently Asked Questions
What are the major drivers for the Global Pigments Market?
Who are the key players operating in Global Pigments Market?
What was the impact of COVID-19 on Global Pigments Market?
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