Pigments Market, By Pigment Type (Organic and Inorganic), By Application (Paints & Coatings, Printing Inks, Plastics, Construction Materials, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Global Pigments Market is estimated to be valued at USD 4.69 Bn in 2025 and is expected to reach USD 7.34 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.6% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 4.69 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
6.60%
2032 Value Projection:
USD 7.34 Bn
Figure. Pigments Market Share (%), By Region 2025
The pigments market refers to the market for colored, black, white, or fluorescent particulate organic or inorganic solids used to color other materials, specifically paints, coatings, inks, plastics, fabrics, and construction materials. Pigments are distinguishable from dyes in that while dyes are usually dissolved or suspended in their application medium, pigments are insoluble, allowing their particles to remain suspended in liquid or powder form. Properties of pigments such as heat resistance, lightfastness, tolerance to chemical attack, and an ability to impart color/opacity leads to their extensive use in a variety of applications ranging from industrial process coloring to artistic paints. Increasing demand from the construction, automotive, packaging, and plastic industries is expected to drive the global pigments market growth over the next few years.
Market Dynamics:
The pigments market is witnessing lucrative growth opportunities driven by growth in end-use industries such as construction, automotive, and packaging. In the construction industry, growth in infrastructure development projects in developing nations. Increasing repair and remodeling activities globally has boosted demand for pigments used in exterior and interior coatings, cement products and other construction materials. In the automotive industry, the strong demand for premium and luxurious vehicles coupled with shortening of repainting cycles is driving the pigment consumption. However, stringent environmental regulations regarding heavy metal content pose challenges to the market growth. On the other hand, pigment manufacturers are exploring bio-based and environment-friendly pigments to leverage opportunities arising from sustainability trends.
Key Features of the Study:
This report provides an in-depth analysis of the global pigments market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year.
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global pigments market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include BASF SE, Clariant International Limited, DIC Corporation, Huntsman International LLC, Tronox, Inc, Rockwood Holdings, Inc., Lanxess AG, Atlanta AG, Ferro Corporation, Merck, Pidilite Industries Ltd., Toyocolor Co. Ltd., Sensient Technologies Corporation, Trust Chem Co. Ltd., Vipul Organics Ltd., Qualitron Chemicals, Colors India, Navpad Pigments, Pure Chemicals, and Sparkem.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
The global pigments market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global pigments market.
Detailed Segmentation-
By Pigment Type:
Organic
Inorganic
By Application:
Paints & Coatings
Printing Inks
Plastics
Construction Materials
Others
By Region:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Company Profiles:
BASF SE
Clariant International Limited
DIC Corporation
Huntsman International LLC
Tronox, Inc
Rockwood Holdings, Inc.
Lanxess AG
Atlanta AG
Ferro Corporation
Merck
Pidilite Industries Ltd.
Toyocolor Co. Ltd.
Sensient Technologies Corporation
Trust Chem Co. Ltd.
Vipul Organics Ltd.
Qualitron Chemicals
Colors India
Navpad Pigments
Pure Chemicals
Sparkem
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Pigment Type
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER's Five Forces Analysis
Market Opportunities
Regulatory Scenario
Industry Trend
Mergers and Acquisitions
4. Global Pigments Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Global Pigments Market
Impact Analysis
5. Global Pigments Market, By Pigment Type, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Organic
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Inorganic
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
6. Global Pigments Market, By Application, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2021 - 2032
Segment Trends
Paints & Coatings
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Printing Inks
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Plastics
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Construction Materials
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
Others
Market Share Analysis, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, 2020 - 2032
Segment Trends
7. Global Pigments Market, By Region, 2020-2032, (US$ Bn & KT)
Introduction
Market Share Analysis, By Region, 2025, 2028 and 2032 (%)
Y-o-Y Growth Analysis, For Region, 2021-2032
North America
Introduction
Market Size and Forecast, By Pigment Type, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.S.
Canada
Latin America
Introduction
Market Size and Forecast, By Pigment Type, 2020 - 2032, (US$ Bn & KT))
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
Brazil
Argentina
Mexico
Rest of Latin America
Europe
Introduction
Market Size and Forecast, By Pigment Type, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
Introduction
Market Size and Forecast, By Pigment Type, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Middle East & Africa
Introduction
Market Size and Forecast, By Pigment Type, 2020 - 2032, (US$ Bn & KT)
Market Size and Forecast, By Application, 2020 - 2032 (US$ Bn & KT)
Market Size and Forecast, By Country, 2020 - 2032, (US$ Bn & KT)