Global Pigments Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Pigments Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Inorganic (Titanium Dioxide, Zinc Oxide, and Other), Organic, and Specialty Pigments and Other), Application (Paints and Coatings, Textiles, Printing Inks, Plastics, Leather, and Other), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Pigments Market was valued at USD 28,872.6 million in 2023 and is expected to reach USD 43,642.9 million by 2031 while growing at a CAGR of 5.3% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global pigments market growth. Pigments are color-imparting substances, finely ground or dispersed particles used in materials like paints, inks, plastics, textiles, and cosmetics. Unlike dyes, pigments remain insoluble and are suspended in the medium, reflecting and absorbing light to provide color.
Increasing construction activities and automotive sector growth drive the pigment market's expansion. However, obstacles like stringent environmental regulations and fluctuating raw material prices may impede further market growth.
Furthermore, the global pigments industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Pigments Market is segmented among Inorganic, Organic, and Specialty Pigments and Others, based on Product Type. In 2023, Inorganic accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Application Analysis
The Global Pigments Market is segmented among Paints and Coatings, Textiles, Printing Inks, Plastics, Leather, and Others, based on Application. In 2023, Paints and Coatings accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Pigments Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are ALTANA AG, Clariant, DIC Corporation, KRONOS Worldwide Inc., LANXESS, Lomon Billions, Merck KGaA, Pidilite Industries Ltd, Sudarshan Chemical Industries Limited, and The Chemours Company.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Pigments Market Dynamics
Drivers
Restraints
Opportunity
4. Global Pigments Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Pigments Market Segmentation, By Product Type
Global Pigments Market Share Analysis, By Product Type
Global Pigments Market Growth Analysis, By Product Type
·Global Pigments Market Trends, By Product Type
o Inorganic
Ø Titanium Dioxide
Ø Zinc Oxide
Ø Other
o Organic
o Specialty Pigments and Other
6. Global Pigments Market Segmentation, By Application
Global Pigments Market Share Analysis, By Application
Global Pigments Market Growth Analysis, By Application
Global Pigments Market Trends, By Application
o Paints and Coatings
o Textiles
o Printing Inks
o Plastics
o Leather
o Other
7. Global Pigments Market Segmentation, By Region
Global Pigments Market Share Analysis, By Region
Global Pigments Market Growth Analysis, By Region
·Global Pigments Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
ALTANA AG*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Clariant
DIC Corporation
KRONOS Worldwide Inc.
LANXESS
Lomon Billions
Merck KGaA
Pidilite Industries Ltd
Sudarshan Chemical Industries Limited
The Chemours Company
*Similar analysis will be provided for each company listed above.
